Financial Accountant @Ferva Business Partners
Finance / Legal
Salary -
Remote Location
remote in South Africa South Africa
Job Type Full-time
Posted 1mth ago
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[Hiring] Financial Accountant @Ferva Business Partners

Apr 18, 2024 - Ferva Business Partners is hiring a remote Financial Accountant. 📍Location: South Africa.

About ReturnX

ReturnX is one of the leading providers in performance-based marketing and lead generation,known for leveraging innovative technologies to deliver exceptional services to our clients. Witha commitment to excellence, we are expanding our team to include professionals passionateabout making a difference and thriving in a dynamic, remote work environment. At ReturnX, wevalue creativity and the spirit of digital innovation, providing our team with the support andflexibility they need to achieve their best work.

Role Overview

We are seeking a diligent and experienced Financial Accountant to join our remote finance team. This role requires a high level of precision and expertise in managing a wide range of financial tasks, including cash flow management, account reconciliation, financial reporting, and compliance. The ideal candidate will have 5 years of proven proven track record in financial accounting, with the ability to adapt to new technologies and processes swiftly. Given the remote nature of this position, the successful candidate must have a dedicated home office setup with fiber internet connectivity to ensure seamless execution of tasks and effective communication with the team and external partners.

Bank and Account Reconciliation

  • Conduct daily reconciliation of cashbooks and bank accounts, including follow-ups on bank-related queries.
  • Reconcile balance sheet accounts monthly, providing supporting documentation. 
  • Prepare weekly and monthly bank reconciliations, adjusting for FX rates as needed.

Accounts Payable and Receivable

  • Capture supplier invoices, ensuring compliance with VAT and tax invoice requirements.Escalate invoice-related queries for timely resolution.
  • Manage creditor relationships, including requesting statements and timely procurement of invoices.
  • Prepare monthly creditor reconciliations, review age analysis, and ensure timely payments to suppliers.
  • Ensure accurate and timely raising of debtors' invoices with correct documentation and review debtors' age analysis for payment allocation.

Financial Reporting and Compliance

  • Prepare and process month-end general journals and monthly management accounts byreporting deadlines.
  • Compile and reconcile monthly VAT calculations, ensuring timely submission of returns.
  • Prepare monthly tax calculations, ensuring timely provisional tax payments.
  • Assist with the preparation of budgets, quarterly forecasts, and annual financial statement.

Cash Flow Forecasts and Management

  • Prepare bi-weekly cash flow forecasts and manage voucher stock procurement.
  • Prepare and release bi-weekly supplier ad hoc payments, ensuring timely processing and adherence to agreed terms.

Fixed Assets and Payroll

  • Manage the fixed asset register, including monthly depreciation, asset disposals, and reconciliations with the General Ledger.
  • Review payroll processes monthly, ensuring accurate payroll processing and reconciliations.

Administrative and Team Management

  • Oversee the organisation and filing of all financial documents in a timely and organisedmanner.
  • Manage secretarial and administrative duties, including bank and regulatory liaisons.

Requirement: 

  • Minimum of 5 years experience in an accounting role, preferably within a small to medium-sized business environment. This should include at least 3 years dedicated to financial accounting and reporting.
  • Bachelors degree in Accounting, Finance, or related field.
  • Proficiency in foreign exchange transactions and a solid understanding of theirfinancial impact.
  • Demonstrated expertise in consolidation, financial management reporting, andexperience in group reporting are essential. 
  • Familiarity with IFRS, SARS VAT, the Companies Act, and Tax regulations, with 3to 5 years of practical application.
  • Advanced proficiency in Excel, including VLOOKUP, HLOOKUP functions, andpivot tables.
  • Must have hands-on experience with XERO accounting software.
  • Experience in digital marketing & advertising / SaaS industries are advantageous. 
Before You Apply
remote Be aware of the location restriction for this remote position: South Africa
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
🙈  Does this job need an edit?
Financial Accountant @Ferva Business Partners
Finance / Legal
Salary -
Remote Location
remote in South Africa South Africa
Job Type Full-time
Posted 1mth ago
🙈  Does this job need an edit?
Apply for this position
remote Be aware of the location restriction for this remote position: South Africa
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
Apply for this position