Job Details
Job Description
Job Title: Financial Accountant
Location: Durban, South Africa
Department: Finance
Reports To: Senior Finance Manager
About the Role
We are seeking a highly capable and detail-driven Financial Accountant to join the Huntswood Finance team. This role is responsible for accurate financial reporting, intercompany and transfer pricing processes, payroll cost accounting, statutory compliance, and supporting month-end close activities. The ideal candidate will have strong technical accounting abilities, excellent reconciliation skills, and the ability to work within group reporting timelines while ensuring full compliance with SARS and audit requirements.
Key Responsibilities
Financial Accounting & Month-End Close
- Prepare and review monthly management accounts, including revenue, expenses, accruals, prepayments, and fixed assets.
- Maintain accurate balance sheet reconciliations with full commentary.
- Update the monthly Management Pack and provide Income Statement commentary.
- Support month-end close ensuring alignment with Group deadlines.
Intercompany & Transfer Pricing
- Manage intercompany loan accounting, reconciliations, confirmations, and audit support.
- Prepare transfer pricing revenue calculations and process intercompany debtor invoices.
- Allocate corresponding transfer pricing costs to HW Scotland in accordance with Group policy.
Payroll Accounting
- Process payroll costs and prepare payroll journals.
- Perform payroll reconciliations and analysis for month‑end reporting.
- Prepare and load ad-hoc salary payments onto the bank.
Audit Support
- Participate in internal audits, external audits, BEE audits, Risk audits, and DTI audits.
- Prepare supporting schedules, evidence, and follow-up documentation.
Cashbook & Cashflow
- Allocate cashbook entries accurately and prepare monthly cashbook reconciliations.
- Support weekly cashflow updates in collaboration with Treasury.
Taxation & Statutory Compliance
- Prepare monthly VAT calculations, payroll taxes, and assist in income tax and provisional tax calculations.
- Ensure compliance with SARS regulatory requirements across Payroll, VAT, Customs & Income Tax.
Budgeting, Forecasting & Data Analysis
- Provide inputs for budgeting and forecasting, including cost reviews and financial models.
- Perform data analysis to support business operations and decision-making.
Process Improvement
- Contribute to the development and enhancement of finance policies and procedures.
- Support implementation of new systems, workflows, or campaign setups in NetSuite.
Qualifications & Experience
- Diploma or Degree in Accounting / Finance.
- 3–5 years’ experience in a Finance team.
- Experience within a group structure preferable.
- Strong understanding of accounting principles, IFRS, and audit requirements.
- Proficiency in ERP systems (NetSuite advantageous), Excel & financial reporting.
Preferred Attributes
- Strong attention to detail and accuracy.
- Excellent analytical and problem‑solving skills.
- Ability to work under pressure and meet strict deadlines.
- High level of professionalism, integrity, and confidentiality.
- Effective communication and interpersonal skills.
- Ability to work independently and collaboratively.
- Adaptability and willingness to learn new processes.