Description:
The Accountant - Farming, in conjunction with the Head of Finance – Farming, is responsible for managing the financial operations of the farm. This role involves applying core accounting principles within the context of agricultural activities, such as crop production, livestock management and equipment utilisation. The accountant ensures accurate financial reporting, budgeting, and compliance with tax regulations and industry-specific standards.
Working closely with farm managers and stakeholders, the accountant provides critical insights into farm profitability, cost efficiency, and cash flow planning. The role also includes navigating the financial implications of agricultural cycles, market volatility, and environmental compliance.
KEY DUTIES AND RESPONSIBILITIES INCLUDES BUT ARE NOT LIMITED TO:
1. Financial Record Keeping & Reporting
•Assist in the preparation of financial information up to trail balance.
•Ensure timely entry of transactions into accounting software (Business Central).
•Maintain accurate financial records for all farm/agricultural activities. Daily processing of bank accounts, full responsibility for the debtors function, review monthly payments and processing of month-end journals.
•Ensure all balance sheet accounts have proper reconciliations completed, including accounts receivable, accounts payable, assets, bank.
•Assisting in preparing the monthly management accounts.
2. Budgeting & Forecasting
•Assist the Head of Finance with the development of annual budgets and financial forecasts in collaboration with farm managers or owners.
•Assisting with cash flow forecasting to ensure liquidity for operations and investment.
3. Cost Accounting & Analysis
•Track costs associated with crop production, livestock management, machinery, labour, and other inputs.
4. Taxation & Compliance
•Ensure compliance with company policies, regulations, and laws.
•Maintain proper documentation for audits and inspections.
5. Payroll & HR Accounting
•Approval of Bi-weekly wage payment files.
•Process monthly salary and wage journals
6. Inventory & Asset Management
•Maintain fixed asset register.
•Calculate depreciation and manage asset replacement planning.
QUALIFICATION AND REQUIREMENTS
Education:
•BCom – Management Accounting, Finance, Accounting.
•CA, CIMA or SAIPA qualified.
Experience:
•2+ years of accounting experience; agricultural industry experience highly preferred.
•Knowledge of agricultural practices, seasonal cycles, and associated cost structures.