ACDC Dynamics Recent Employment Opportunity

Posted on :

2 Mar, 2021

Category :

Accounting Jobs in South Africa, Vacancies South Africa

AC/DC Dynamics is the leading manufacturer, importer and distributor of quality products in the electrical, electronics, pumps and tools industries. Employing over 1000 staff, AC/DC Dynamics has its Head Office in Edenvale, Johannesburg with branches in Germiston, Cape Town, Pinetown and Riverhorse in KZN.





Job Title: Financial Accountant
Location: Edenvale, Gauteng, South Africa
Reference #: LM
Contract Type: Permanent/Contract 3 Months
Salary: Market Related

Job Summary:
We are looking for a qualified and experienced Financial Accountant to monitor all financial data and prepare accurate statements for our Company. The responsibilities of the Financial Accountant include budgeting, managing tax payments and performing internal audits. Conduct cost and revenue Analysis. Ultimately the Financial Accountant must ensure that our accounting transactions comply with the law and support our Company’s investments.

– Drafting and Review of Annual Financial Statements
– Gather and monitor financial data (e.g sales revenue and liabilities)
– Prepare monthly, quarterly and annual statements (balance sheets and income statements)
– Forecast costs and revenues
– Conduct internal audits and General Ledger reconciliations
– Prepare budgets (for the entire company and per department)
– Monitor and report on accounting discrepancies
– Conduct detailed risk analysis to assess potential investments
– Analyse financial trends
– Perform month end and year end close processes.
– Allocate, capture and control sundry expenses
– Update fixed asset register on a monthly basis
– Monthly control/clearing accounts balances
– Monthly balance sheet reconciliations
– Cashbooks, journals, intercompany transactions, accruals, trial balances, reconciliations
– Prepare and submit statutory returns
– Prepare monthly audit schedules for balance sheet and selected expense accounts, also explain deviations
– Preparation on year-end account and coordination with external auditors
– Assist in the preparations of budgets
– Ensure timely preparation of monthly, quarterly, adhoc & yearend reporting as required by management
– Expense Analysis
* Good understanding in statutory legislation
– Statutory returns monthly & recons
– Timeous capturing of statutory returns
– Monthly balancing and reconciling of statutory returns to the GL
* Allocate, capture and control sundry expenses
– Prepare sundry creditors for payment, allocate payments, reconcile
– Foreign creditors
* Assets – Register and Journals
– Update fixed asset register on a monthly basis
– Complete monthly depreciation journals
* Monthly Control / Clearing Accounts Balancing
– Maintain financial records and prepare general ledger accounts
– Maintain debit order and SLA file, update and review on a monthly basis
– Record financial transactions
– Record general journal entries
– Effective record keeping of transactions, accounts, special journals and payments
* Monthly Balance Sheet Reconciliations
– Preparation of schedules and audit file for financials monthly
– Assist FM with Year End and Audit Requirements
– Assist with audits of the company
– Conduct general administration function
– Filing systems implemented and ensure maintained to ensure documents are easily retrievable


Minimum BCom Financial Management

Registered CA (SA)

Knowledge and experience of International Financial Reporting Standards

Knowledge of CASEWARE will be advantageous

Proven work experience as a Financial Accountant

5 years’ experience in a similar role

Solid knowledge of the accounting regulations

Advanced knowledge of MS Excel and Accounting software

In-depth knowledge and understanding of bookkeeping procedures

Solid knowledge of accounting regulations


Excellent attention to detail
Good Maths and Accounting skills

Time keeping abilities



Ability to work well under pressure

Deadline driven

Good Communication and Interpersonal skills

To Apply:

Click Here!

Application Deadline: 08/03/2021

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