Junior Accountant

at  Cape Union Mart International

FOR THE GREEN THREAD MANUFACTURING PTY LTD REPORTING INTO THE FINANCE DEPARTMENT

A Junior Accountant in a manufacturing setting typically has a broad range of responsibilities related to accounting and financial management. The responsibilities include the following but not limited to:

• Compile and analyze financial information related to manufacturing operations.
• Generate monthly, quarterly, and annual financial reports for management review.
• Prepare income statements, balance sheets, and cash flow statements specific to the factory’s financial activities.
• Monitor and report on key performance indicators (KPIs) related to manufacturing costs, efficiency, and profitability.
• Coordinate and oversee regular stock takes to ensure accurate inventory valuation.
• Analyze stock variances and investigate discrepancies in physical inventory counts.
• Collaborate with warehouse and production teams to reconcile stock discrepancies and implement corrective measures.
• Evaluate the accuracy of stock take results and identify any potential issues or trends.
• Calculate Value Added Tax (VAT) payable based on sales and purchases.
• Prepare detailed VAT returns in compliance with local tax regulations.
• Ensure accurate and timely filing of monthly VAT returns.
• Ensure adherence to accounting standards, tax regulations, and company policies.
• Maintain accurate and organized financial records and documentation.
• Gather and organize financial documents, records, and relevant information required for the audit. Respond to auditors’ queries and deliverables.
• Preparing annual financial statements requires a combination of technical accounting skills, attention to detail, adherence to regulatory standards, and effective communication with both internal and external stakeholders.
• Maintaining the Fixed asset register including adding and retiring assets
• Prepare accruals and prepayment journal schedules.
• Perform manual ad-hoc invoicing for the factory.
• Reconciling of Foreign shipments and journals where required.
• Calculation Foreign stock in Transit.
• Processing receipts to AR and matching to invoices.
• Process receipts and payments not integrated from banking system.
• Reconcile all foreign AP supplier accounts.
• Reconcile all payroll accounts to payroll system.
• Prepare annual budget and monthly income statement forecast.
• Prepare tax schedules at year end.

EXPERIENCE REQUIREMENTS

• A financial degree in accounting/CIMA/SAIPA.
• Minimum 3 years experience in a finance team
• Manufacturing background advantageous.
• Knowledge of IFRS.
• Strong analytical ability and attention to detail.
• Ability to perform well under pressure.

• Compile and analyze financial information related to manufacturing operations.
• Generate monthly, quarterly, and annual financial reports for management review.
• Prepare income statements, balance sheets, and cash flow statements specific to the factory’s financial activities.
• Monitor and report on key performance indicators (KPIs) related to manufacturing costs, efficiency, and profitability.
• Coordinate and oversee regular stock takes to ensure accurate inventory valuation.
• Analyze stock variances and investigate discrepancies in physical inventory counts.
• Collaborate with warehouse and production teams to reconcile stock discrepancies and implement corrective measures.
• Evaluate the accuracy of stock take results and identify any potential issues or trends.
• Calculate Value Added Tax (VAT) payable based on sales and purchases.
• Prepare detailed VAT returns in compliance with local tax regulations.
• Ensure accurate and timely filing of monthly VAT returns.
• Ensure adherence to accounting standards, tax regulations, and company policies.
• Maintain accurate and organized financial records and documentation.
• Gather and organize financial documents, records, and relevant information required for the audit. Respond to auditors’ queries and deliverables.
• Preparing annual financial statements requires a combination of technical accounting skills, attention to detail, adherence to regulatory standards, and effective communication with both internal and external stakeholders.
• Maintaining the Fixed asset register including adding and retiring assets
• Prepare accruals and prepayment journal schedules.
• Perform manual ad-hoc invoicing for the factory.
• Reconciling of Foreign shipments and journals where required.
• Calculation Foreign stock in Transit.
• Processing receipts to AR and matching to invoices.
• Process receipts and payments not integrated from banking system.
• Reconcile all foreign AP supplier accounts.
• Reconcile all payroll accounts to payroll system.
• Prepare annual budget and monthly income statement forecast.
• Prepare tax schedules at year end