Accountant Job Job Details | O&L

Grade : C3

Department : Finance

Line Manager : Lorraine Van Wyk

PURPOSE OF THE POSITION:

To control and coordinate the Financial Processes required including monitoring of debtors, creditors and cash flow in order to support the Finance department. This also enables the company management to execute business decisions based on the monthly management accounts and business performance reports.

QUALIFICATIONS & EXPERIENCES:

• Degree in Accounting and Finance.
• 4 years relevant experience in accounting, preferably in FMCG/Retail environment.
• SAP experience will be an added advantage

KEY ACOUNTABILITIES:

• Manage, review and execute month-end management accounts and submit as agreed upon deadlines.
• Compile General Ledger reconciliations and ensure all intergroup accounts are being reconciled and confirmed on a monthly basis.
• Complete Half year & Year end reporting packs according to Group Standards and deadlines.
• Compile annual financial statements for assigned companies that are in compliance with the Namibian Companies Act and IFRS requirements.
• Ensure all Import VAT, VAT, Withholding Tax on Services and Withholding Tax on Interest returns are paid and submitted timeously.
• Compile and submit information as requested by head office finance department on an ad hoc basis.
• Support the Procure to Pay procedure by processing supplier invoices timeously on the SAP system according to procurement procedure and that they agree with the purchase order, as per the companies assigned.
• Review of creditors reconciliations and process payments of expense claims as they are received on a weekly basis.
• Upload payments of creditors to the respective online banking platforms and processing the subsequent payments.
• Process all bank transactions (bank charges and interest included) and capture all banking receipts on a daily basis.
• Reconcile the bank statements on a daily basis and have the reconciliations ready for inspection by line manager before final completion of monthly management accounts.
• Complete the cash flow schedules on agreed upon deadlines.
• Monitor cash flow by comparing available cash against monthly payment needs and planning accordingly.
• Processing and posting of Petty Cash transactions on a monthly basis.
• Review and reconcile the fixed assets to the fixed asset register on a monthly basis.
• Process all transactions relating to fixed assets including additions and disposals.
• Compile monthly lease schedules and process all accounting entries related to leases.
• Liaise with and obtain statements and other information from external stakeholders as it relates to assets and leases.

Due Date: 13 September 2024

O&L - a Great Place to Work.

Applicants meeting our requirements are invited to apply. O&L Group of Companies is an Equal Opportunity Employer.