FINANCIAL ACCOUNTANT

EXTERNAL ADVERT

FINANCIAL ACCOUNTANT

Purpose of the position:

The incumbent is responsible for managing an organisation’s financial reporting processes, ensuring accuracy, compliance, and timely preparation of financial statements. This role supports strategic decision-making by providing reliable financial information and maintaining strong internal controls.

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Key areas of responsibility:

• General Ledger Management:

• Maintain and oversee the integrity of the general ledger

• Review and post journal entries, accruals, and adjustments

• Reconcile subsidiary ledgers and resolve discrepancies

• Ensure compliance with accounting policies and standards (IFRS)

• Submit balance sheet reconciliations monthly for review

• Accounts Payable (AP):

• Manage vendor invoice processing and approvals

• Manage and ensure timely and accurate payments to suppliers

• Manage the reconciliation of AP accounts and maintain updated aging reports

• Manage supplier relationships and ensure compliance with credit terms

• Accounts Receivable (AR):

• Monitor and follow up on outstanding customer balances

• Manage AR reconciliations and prepare aging reports

• Resolve customer disputes promptly

• Month-end Closure and Trial Balance:

• Lead the month-end and year-end closing processes

• Lead and finalize balance sheet reconciliations for review

• Prepare accurate trial balances for reporting

• Supporting preparation of financial statements and audit schedules

• Cash Flow Forecasting and Management:

• Prepare and update weekly or monthly cash flow forecasts

• Monitor cash balances and transactions

• Liaise with Treasury on funding requirements

• Recommend initiatives to optimize working capital

• Financial Reporting and Compliance:

• Draft financial statements for review

• Ensure compliance with internal controls and audit standards

• Support external and internal audits with documentation

• Identify and implement process improvements

• Taxation:

• Assist with the filing of the income tax returns for the group

• Teamwork and Communication:

• Collaborate with other departments (e.g. Procurement, Revenue Accounting)

• Communicate financial insights to management

• Support training of junior finance staff

• Perform any other duties that may be assigned on a day-to-day basis

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Key Competencies:

• Strong knowledge of IFRS

• Excellent analytical and numerical skills

• High attention to detail and accuracy

• Strong communication and presentation skills

• Ability to meet deadlines and manage multiple priorities

• Proficiency in Excel and financial modelling

• Integrity, discretion, and professionalism

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Key Performance Indicators:

• Timely execution and completion of activities of annual Procurement plans

• Savings achieved through negotiation or strategic sourcing and prompt responsiveness to procurement queries or support

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Minimum Qualifications:

• Bachelor’s Degree in Accounting, Finance Commerce or a related field

• Professional certification (e.g., ACCA, CIMA, CPA, CA(SA)) preferred or in progress

• Experience working with ERP or Accounting Systems such as Sage or similar

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Experience:

• 3 – 5 years relevant accounting experience or exposure in a large multi-entity corporate environment with complex accounting operations

• Must have served articles with a reputable audit firm

• Prior experience in Audit preparation or financial process improvement projects

• Prior experience in Accounts Payable and Receivable supervision

• Experience in the aviation industry will be an added advantage

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The Reward:

A competitive salary with benefits is on offer on a permanent basis. RENAC is an equal opportunity employer.

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How to Apply:

Please send your application, detailed CV, copies of certificate, and traceable references by 22nd December 2025 to the Manager: Human Capital, BY EMAIL ONLY to:

📧 careers@renac.co.sz

Reference the application as:
FINANCIAL ACCOUNTANT