Position: Accountant

Location: Lynwood, Pretoria

Reporting to: Financial Manager

Job Overview:

We are seeking a talented and experienced Accountant to join our finance team. The ideal candidate should have a strong background in accounting principles, financial analysis, and a passion for accuracy and attention to detail. This role offers an exciting opportunity to contribute to the financial success and growth of our organisation.

Key Responsibilities:

Financial Recordkeeping:

• Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, and general ledger entries.
• Reconcile bank statements and monitor cash flow to ensure the availability of funds for lending operations.

Financial Reporting:

• Prepare and analyse financial statements, including income statements, balance sheets, and cash flow statements.
• Generate regular financial reports for management to support decision-making.
• Assist with month end closure.

Regulatory Compliance:

• Ensure compliance with all relevant financial regulations and lending industry standards.
• Assist in preparing documentation for external audits.

Loan Portfolio Management:

• Monitor and track loans and their associated interest income, ensuring accuracy in loan accounting.
• Calculate and record provisions for loan losses and assess the adequacy of loan reserves.

Budgeting and Forecasting:

• Participate in the development of the annual budget and financial forecasts.
• Analyse budget variances and provide recommendations for cost control.

Taxation:

• Prepare tax returns (VAT & PAYE).
• Stay informed about changes in tax laws and ensure compliance with tax regulations.

Financial Analysis:

• Conduct financial analysis to assess the company's financial performance and identify areas for improvement.
• Assist in financial modelling for new lending products and business initiatives.

Process Improvement:

• Identify opportunities for process improvement and automation to enhance efficiency and accuracy.
• Collaborate with cross-functional teams to implement process enhancements.

Qualification and Experience Requirements:

• Accounting/Finance degree or equivalent.
• Minimum 5 years’ experience in similar roles.
• Ability to create logical and thorough financial reports.

• Experience working with ERP systems, preferably Xero.
• MS Excel Advanced (Non-negotiable)

Skills and Attributes Requirements

• Unwavering attention to detail.
• Analytical skills and ability to handle complex financial data.
• Strong mathematical and calculative ability
• Ability to create logical and thorough financial reports.
• Strong communication skills, both written and verbal.
• Effectively interpret analysis performed and decipher information.
• Exceptional understanding of Financial Statements.
• High pressure tolerance.
• Deadline driven.
• Adaptability to fast-moving and high-performance environment.