Assistant Financial Accountant Accounts Payable

Johannesburg - South Africa

Monthly Salary: Not Disclosed

Posted on: 13 hours ago

Vacancies: 1 Vacancy

Department:

Finance

Job Summary

We currently have an exciting position available for an Assistant Financial Accountant - Accounts Payable. The Assistant Financial Accountant is responsible for the overall accounting function within the allocated entity.

You are responsible for
Inclusive of but not limited to:

Dealing with accounting queries:

General Ledger (Investigation of source documents- audit trails)
Resolve queries (re-allocate etc)
Ensure that the general ledger is updated and complete by the 2nd working day of each month
All queries are resolved within 24 hours and queries are acknowledged on the same day that they are received
Ensured that all queries not resolved in 24 hours are escalated to your manager to be resolved or further instruction is received

Monthly reporting:

Daily processing
Weekly payments (and payments at month end)
Weekly request for purchase and purchase orders
General ledger reconciliations
Weekly key supplier reconciliations
Monthly recurring supplier reconciliations
Monthly reimbursement claim processing
Month-end accruals
Assistance to the senior financial account with ad hoc queries
Supplier account maintenance (no supplier balances in excess of 30 days)
Account maintenance

Statutory tasks:

Processing of supplier invoices in accordance with the International Accounting Standards and International Financial Reporting Standards
All tax treatment on VAT claimed and declared is in accordance with the Value Added Tax Act
All payments presented for signed off are authorized by the FM and CFO
Purchase orders prepared are in accordance with the procurement policy
Cashbook processing
Supplier onboarding is done correctly completely and approved as per policy

Internal control/audit:

Developing & up keeping of accounting policies & procedures
Schedules and all records are kept for leases of equipment property and utilities
All contracts to be kept on file and reviewed each month
Monitor and report on policies and procedures managed by Finance
Report on control controls that have been circumvented
Ensure that all documents that are authorized as per policy are
Ensure that all documents are correctly and safely filed as per policy
Ensure compliance with King 3 by ensuring that you act in a professional and ethical manner at all times
Provide assistance to the Financial Manager on request

Monthly & year-end audit files:

Ensure that suppliers are reconciled monthly
Prepare and present monthly and year-end reconciliations on general ledger accounts for prepayments and accruals
Assist with year-end external audit i.e. quarterly and annual audits

Fixed assets:

Fixed Assets register updated & relevant (depreciation additions disposals)
All calculations balancing & quality control to be ensured
All supplier invoices are to be kept on file at all times
Acquisitions to be insured and disposals to be removed from the insurance list

Balance Sheet reconciliations:

Petty Cash
Supplier reconciliations
Accruals reconciliations
Prepayments reconciliations

Ad Hoc Accounting activities:

Activities/projects on request

Business forecasting & budget modelling:

Involvement in the annual budget process modelling & quarterly forecasts (Budget templates & fixed assets template)

Self- Development:

Develop competency and skills through learning sessions both formal and informal
Kept updated in terms of changes made to the International Accounting Standards and International Financial Reporting Standards.

Preferential procurement:

Recordkeeping
Maintenance

Package & Remuneration:

Salary: TBC
Benefits: As part of the Labournet team youll enjoy benefits designed to support your wellbeing and career growth. These include a wellness programme that covers up to 8 family members or friends partner discounts structured career paths accredited training study assistance retirement and group risk benefits hybrid work options for applicable roles as well as a suit-up and vehicle branding allowance where relevant.

Take the next step in your career with Labournet where people are empowered purpose drives everything we do and our platform enables real impact. If youre ready to grow innovate and help shape the future of work in South Africa wed love to welcome you to the team.

Qualifications :

Youll need a customer-first mindset and the following skills to succeed in this role:

Relevant commercial experience (2 4 Years)
Grade 12
BCom degree diploma or equivalent accounting related qualification required
Intermediate to Advanced MS Office (Excel Word PowerPoint Outlook Teams)
Xero experience will be advantageous
SAGE Intact accounting experience advantageous

Additional Information :

Why Join Labournet

At Labournet youre joining more than a company - youre becoming part of a platform built to empower people and drive purpose. With over 28 years of innovation in compliance and people solutions we invest in our employees so they can grow make a national impact and help shape the future of work across South Africa.

What We Offer:

Youll obtain a wealth of experience and knowledge at a much faster pace than you would in an internal compliance-focused role due to our national footprint across different industries.
Youll have access to structured career paths accredited training performance coaching and mentorship to support your professional growth.
Youll be part of a team that drives compliance and transformation across South Africa giving your work real purpose and impact.
Youll benefit from hybrid work options and a culture that supports work-life integration because we believe wellbeing fuels performance.
Youll enjoy competitive salaries holistic benefits and a lucrative sales commission policy.
Youll thrive in a collaborative tech-enabled environment where we value output over hours and encourage innovation at every level.

How We Work

Gone are the days of rigid office hours and long commutes. Our hybrid working model allows teams to co-create flexible arrangements that support productivity and personal wellbeing.

Who We Are:

Labournet is a proudly South African company offering integrated solutions in Payroll Labour Law Health & Safety Transformation Training Technology and Commercial Compliance. We serve over 6500 businesses nationwide helping them stay compliant and competitive.

Remote Work :

Employment Type :

Full-time

We currently have an exciting position available for an Assistant Financial Accountant - Accounts Payable. The Assistant Financial Accountant is responsible for the overall accounting function within the allocated entity. You are responsible forInclusive of but not limited to:Dealing with accounting...