Accountant

Qualifications

• Relevant BCom Degree with Accounting

Experience

• 5 years’ experience in an accounting role
• 2 – 3 years’ experience managing a team would be advantageous
• Experience in cash and debtors’ management
• Experience in dealing with customer queries

Knowledge

• Accounting Knowledge
• Accounting systems
• Microsoft suite with advanced MS Excel skills
• Reconciling of numerical data

Purpose

To ensure accuracy and completeness of customer accounts by overseeing cash and bank allocations and periodic reconciliations, implementing and monitoring financial controls, and managing the customer allocations team.

Key Performance Indicators

Financial Management and Reconciliation

• Oversee the work of the cash specialists and Member Controller – daily allocation and reconciliation of funds.
• Daily reconciliations of merchant settlement accounts to bank statements and GL.
• Monthly reconciliations of all member receipts.
• Reconciling of member rewards.
• Monthly reporting of member balances.

Member Accounts and Queries

• Address and resolve any discrepancies or issues related to member balances.
• Assist in solving queries on member accounts, including refunds.
• Upload monthly rewards on member accounts and create banking files.
• Responsible for the administration of the member rewards system, ensuring rewards are accurately and timeously calculated, payouts are concluded as agreed, and reporting requirements are adhered to.

Financial Controls and Reporting

• Design and implement internal controls to ensure accuracy of member balances.
• Review and improve financial controls, including inputs as subject matter expert on projects.
• Ensure responsibilities are executed in line with defined standards.
• Reporting trends on the member accounts to provide useful information for stakeholder decisions.

Relationship Management and Process Improvement

• Payment Gateway relationship management / FNB relationship management.
• Continuously seek opportunities to improve processes and controls to enhance the accuracy and efficiency of member account management.
• Collaborate with internal stakeholders to ensure cohesive and integrated financial operations (e.g., BizTech for system improvements and updates).

Adopting Practical Approaches, Internal Controls & Accuracy

Accounting Control

• Maintain financial records and ensure the financial transactions are completely and accurately recorded in the accounts.
• Reconciliation of sub-ledgers to the general ledger.
• Completion of all balance sheet account reconciliations.
• Processing of adjusting journal entries.
• Maintenance of fixed asset registers.
• Generation of monthly trial balance for management reporting.

General Duties

• Performing ad-hoc analysis and additional accounting assignments as directed by the Financial Controller.
• Oversee general administration as required.
• Prepares monthly ad-hoc project reports, including project expenditures, resource utilization, and milestone progressions.

Meeting Timescales & Teamwork – All payments and submissions, etc.

Banking Management

• Preparing monthly bank account reconciliations.
• Manage banking relationships and oversee administration and query resolution.
• Submission of all returns and applications.

Reporting

• Preparation of month-end reporting packs and variance analysis.