Blue Label Distribution Recent Job Recruitment – Apply Now!

Posted on :

4 Aug, 2021

Category :

Accounting Jobs in South Africa, Finance Jobs in South Africa

At Blue Label Distribution, our brand philosophy is that we can create and distribute anything that is able to be digitized. Our Blu-approved brand is the face of our service offering and is underpinned by a world-class technology platform for both online and offline commerce. With a point of sale network of approximately 150 000 devices, we provide a distribution footprint across all income groups. 85% of our income comes from merchants in the informal sector





Job Title: Financial Accountant Trade
Location: Sandton, Gauteng, South Africa
Reference #: B080
Contract Type: Permanent
Salary: Market Related

Job Summary:
The Financial Accountant runs a mixture of day-to-day business operations and financial reporting. Responsibilities include running operational aspects of the treasury function which is a core part of the greater group. There will also be responsibilities related to normal financial management such as production of financial reports; proper maintenance of accounting records; accurate processing of financial transactions and administration of a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles, and result in flawless audits. Supports financial decision-making information by collecting, processing, analyzing, investigating, and reporting financial data.


Treasury Function:
Daily analysis of cash flows throughout the group / interacting with financial teams of other group companies / checking optimal cash options
Dealing with banking partners, running daily cash requirements
Checking payments and managing banking team
Adding banking beneficiaries and releasing payments
Monthly interest and cash checks. Review and signing bank reconciliations
Financial forecasting

Financial Management:
Helping to prepare accurate monthly financial and management reports.
Analyzes financial data and extracts and define relevant information; interpret data for the purpose of determining past financial performance and/or to project financial probability.
Review and approve month-end closing procedures, including expense allocations, account and bank reconciliations, updating of related schedules as well as fixed and intangible assets.
Signing off on expenses and payment processes
Managing and checking inter-company billings
Control of certain contracts and relationships, such as rentals and insurance.
Approving billings and ensuring accurate payments to suppliers.
Posting various journals related to the business to ensure reporting is accurate (monthly journals / customer rebates / accruals etc)
Check accuracy of monthly debtors and creditors age analysis. Highlighting potential problems and investigating unusual amounts.
Tracking and analysis of business performance in comparison to budget.
Preparation of business models and due diligence as requested by Leadership.
Effective Management of the operational finances.
Financial Management & Internal Controls
Assist with audit requirements and remediate findings.
Work with Senior Management and Group Risk to implement recommendations for improvement of financial management systems.
Continuous review of the relevant accounting systems to ensure more efficient and effective reporting.
Effective Management of the operational finance department by establishing and maintaining financial mechanisms that reduces or mitigate financial risk.
Review of business unit to ensure revenue is complete and accurate and all related expenses are accurately correctly classified.
Review and analysis of divisional performance against budgeted and producing reports.
Review and approval of all supplier payments through sign of on expense payment packs and reconciliations.
Review bank reconciliations.
Prepare and manage budget workbooks.
Reducing of operating cost where possible by seeking new and renegotiating existing contracts. Reviewing of expenses and identifying opportunities for cost saving.
Review of suppliers and debtors ageing to ensure trade taking place within limits.

Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained.
Demonstrate consistent application of internal procedures
Plan and prioritise, demonstrating abilities to manage competing demands.
Demonstrate abilities to anticipate and manage change.
Demonstrate flexibility in balancing achievement of own objectives with abilities to understand and respond to organizational needs.


Ensures Accountability
Manages Complexity
Plans and Aligns
Business Insight
Financial Acumen
Balances Stakeholders
Cultivates Innovation
Customer Focus
Instills Trust
Situational Adaptability


Bachelor’s Degree in finance or accounting CA(SA)


Newly qualified or up to 2 years post-articles experience in similar role

To Apply:

Click Here!

Application Deadline: 17/08/2021

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