Accountant

Job Purpose
To ensure the accuracy and completeness of customer (member) accounts by overseeing cash and bank allocations, periodic reconciliations, implementing and monitoring financial controls, and managing the customer allocations team.
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Key Responsibilities Financial Management and Reconciliation
• Oversee the work of cash specialists and Member Controller – daily allocation and reconciliation of funds.
• Perform daily reconciliations of merchant settlement accounts to bank statements and the general ledger (GL).
• Conduct monthly reconciliations of all member receipts.
• Ensure accurate reconciling of member rewards.
• Prepare monthly reports on member balances.
Member Accounts and Queries
• Address and resolve discrepancies or issues related to member balances.
• Assist in solving queries on member accounts, including processing refunds.
• Upload monthly rewards on member accounts and create banking files.
• Administer the member rewards system, ensuring timely and accurate calculations, payouts, and reporting.
Financial Controls and Reporting
• Design and implement internal controls to ensure the accuracy of member balances.
• Review and improve financial controls, including providing input as a subject matter expert on projects.
• Ensure execution of responsibilities in line with defined standards.
• Report trends on member accounts to provide valuable insights for stakeholders.
Relationship Management and Process Improvement
• Manage relationships with payment gateways and banking institutions (e.g., FNB).
• Continuously seek opportunities to improve processes and controls for enhanced accuracy and efficiency.
• Collaborate with internal stakeholders (e.g., BizTech) for system improvements and updates.
Accounting Control & Internal Controls
• Maintain financial records and ensure accurate recording of financial transactions.
• Reconcile sub-ledgers to the general ledger.
• Complete all balance sheet account reconciliations.
• Process adjusting journal entries.
• Maintain fixed asset registers.
• Generate monthly trial balances for management reporting.
General Duties
• Perform ad-hoc analysis and additional accounting assignments as directed by the Financial Controller.
• Oversee general administrative tasks as required.
• Prepare monthly ad hoc project reports, including project expenditures, resource utilizations, and milestone progressions.
Banking Management & Reporting
• Prepare monthly bank account reconciliations.
• Manage banking relationships and oversee administration and query resolution.
• Ensure timely submission of all returns and applications.
• Prepare month-end reporting packs and variance analysis.
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Key Competencies
• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder management skills.
• Ability to work under pressure and meet deadlines.
• High level of accuracy and attention to detail.
• Proactive mindset with a focus on process improvement.
• Team leadership and collaboration skills.
Qualifications & Experience
• Relevant BCom Degree with Accounting.
• 5 years’ experience in an accounting role.
• 2-3 years’ experience managing a team (advantageous).
• Experience in cash and debtors’ management.
• Experience in dealing with customer queries.
Knowledge & Skills
• Strong accounting knowledge.
• Experience with accounting systems.
• Proficiency in Microsoft Suite with advanced MS Excel skills.
• Ability to reconcile numerical data accurately.
• Strong organisational and analytical skills.