Junior Accountant

Overview

iKhokha is a place where chance takers become change makers. At iKhokha, we believe in better. As you’d expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest growing Fintechs in Africa we’ve built a team of global change-makers who want to make an impact. If you believe in a better future, be achance-taker and help us empower small businesses in South Africa.

Junior Accountant

• Assist the Financial Accountant in gathering financial data to ensure all financial transactions are valid, accurate and complete on a monthly basis.
• Ensure compliance with IFRS, SARS, CIPC and other relevant legislation/regulations.
• Ensure accurate financial processing in preparation of the monthly Trial Balance.
• Ensure accuracy, existence & completeness of fixed asset register and cash book.
• In addition to the above, handle the following areas:

• Process all additions on a monthly basis.
• Process disposals on a monthly basis.
• Run depreciation and amortisation for month end.
• Ensure fixed asset register reconciles to GL and to physical assets on hand.
• Ensure tax register is updated monthly.
• Ensure asset card details are accurate at all times.
• Physical tagging of assets upon import into Fixed Asset Register.

• Ensure all cashbooks are processed daily/weekly.
• Bank reconciliations performed weekly with no variances.
• Accuracy of cashbook allocations.
• Unallocated payments or receipts resolved timeously.

• Prepare all balance sheet reconciliations for Financial Accountant review.
• Ensure reconciling items are resolved timeously.

• Assist Financial Accountant to prepare certain journal entries timeously for Finance Operations Manager review to ensure month end close deadlines are achieved.

• Assist Financial Accountant & FP&A Analyst in balance sheet and working capital budget (with an emphasis on cashflow forecasting).

• Assist in the annual audit process.
• Provide supporting documents requested by external auditors timeously.

• Assist Financial Accountant in calculating accurate output and input tax values based on the Value Added Tax Act.
• Assist Financial Accountant in preparing VAT reconciliation to GL.

• BTech Accounting Degree/ Diploma or equivalent experience.
• Completion of or study towards BCom Accounting Degree / Post Graduate Diploma would be advantageous.
• Completion of or study towards CIMA, SAIPA or equivalent would be advantageous.

• 2+ years’ experience as a junior accountant, bookkeeper or finance/debtors/creditors/fixed asset/cash book clerk or similar role in an operational finance team.
• Experience in fintech, financial services, or similar industries would be advantageous.

• Proven work experience as a Junior Accountant, Bookkeeper or similar role.
• Intermediate knowledge of MS Excel.
• Prior experience with MS Dynamics 365 would be advantageous.
• Intermediate knowledge and experience in an accounting / ERP system.
• In-depth understanding of business bookkeeping procedures.
• Foundational knowledge of IFRS accounting standards.
• Foundational knowledge of the South African tax legal framework (i.e., income tax, VAT, PAYE, etc.).
• Foundational knowledge of other relevant South African legislation and regulations (i.e., Companies Act, B-BBBEE, CIPC, etc.).
• Intermediate knowledge in systems of internal controls and best practices related to these.
• Intermediate knowledge in other finance operations and month-end / year-end close process.
• Intermediate knowledge of business working capital cycles.

• Work in a high-growth company with tangible results you re accountable for.
• Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
• Visionary leadership.
• Seize the opportunity for study leave.
• Access to on-demand learning at your fingertips.
• Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees, and they told us so).
• If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.

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