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Financial Accountant (LCIBS)

Company LCIBS
Reference # FA#1
Published 21/08/2019
Contract Type Permanent
Location Durban, KwaZulu-Natal, South Africa
Introduction
The London College of International Business Studies is a small private college with its central HQ based in the South East of London, Canada Water. We offer a range of different programmes at different levels and catering for students of all ages and backgrounds from 18 years upwards.

Our Undergraduate programmes are offered on an accelerated basis meaning that a traditional three-year degree can be achieved in two years. Teaching is via a block system, meaning that students learn one module topic at a time, in five-week blocks. This system will allow LCIBS to fulfil our access and widening participation goals. This method of delivery will allow us to accept a greater choice of students due to the ability to finish and achieve a degree within two years and the flexibility of the block system. This will give a variety of different types of students from mature students to those with caring responsibilities, single parents or those with working obligations as well as those from traditional routes.

LCIBS mission is to deliver high-quality education and training that will make a proactive difference to both the individual student’s life and their wider communities and national economies.

The College’s vision is, in concert with viable partnerships to become a leading international provider of quality education and executive training. The college hopes to become an outstanding place for students to study, a simulating place for its staff to work and to assist in the in the wider community and bring flexible educational opportunities to all. This is underpinned by our core values:
Job Functions Accounting,Finance
Industries Academic,Education
Specification

•Provides leadership and direction to the Creditors /Bookkeepers / Cashbook.
•Meets weekly with staff to provide regular feedback on individual performance.
•Provides role clarity to staff and makes recommendations to the Financial Manager for tools to facilitate performance.
•Makes recommendations to Financial Manager on staff training and development plans.
•Acts as a Coach and Mentor to staff.
•Reconcile monthly revenue and debtors
•Reconcile monthly salaries and wages.
•Prepares and processes month end journals, including deferred revenue, depreciation adjustments and forex gains or losses
•Prepares other monthly balance sheet and income statement reconciliations.
•Reviews and authorises creditor reconciliations and payment requisitions on an ad-hoc basis.
•Maintains month end file with all relevant reconciliations and supporting documents.
•Completes all fixed asset transactions, including verifications, recording and updating of GL and FAR.
•Reviews Fixed Asset Register on a monthly basis.
•Completes all inventory transactions, including annual stock-counts, recording and updating of GL and stock-ledgers.
•Prepares information for year-end audit purposes.
•Prepares financials annually.
•Prepares budgets and forecasts.
•Oversees the functioning of the Bookkeeping function including review and authorisation of all reconciliations, schedules, invoices, journals etc prepared by the Bookkeeper.
•Ensures finance policies and procedures are adhered to by all individuals within finance and outside of finance.
•Provides ideas and feedback to help improve efficiencies in processes and procedures. -
•Attends to ad-hoc requests and providing assistance in other areas which may not be directly part of job description above.
•Stands in for the Financial Manager when required to.
•Completes all fixed asset transactions, including verifications, recording and updating of GL and FAR.
•Processes Fixed Asset Register on a monthly basis.
•Completes all inventory transactions, including annual stock-counts, recording and updating of GL and stock-ledgers.

Requirements
REQUIREMENTS OF THE JOB:

1.Degree with articles.
2.2-3 years’ relevant experience in accounting environment.
3.Sage 300 exposure.
4.Advanced Excel knowledge.
5.Africa exposure

Job Closing Date 31/08/2019
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