Assistant Finance Controller - Port Elizabeth Verfied

Salary Negotiable Port Elizabeth, Eastern Cape Port Elizabeth, Eastern Cape more than 14 days ago 22-07-2019 6:33:58 AM
16-09-2019 6:33:58 AM
Educational Requirements

Relevant tertiary qualification e.g. a  B.Com degree with articles,Computer literacy, Excel, Word, QAD (or other financial accounting   payroll systems, eg, VIP) advantageous.
Related Experience
3 years (excluding articles)
Special Requirements
Assertiveness and ability to take responsibility and accountability.

Duties

Monthly returns

Conducting full reconciliations on VAT returns.

Respond to queries from SARS.
Assist SARS with audits
To ensure that all returns are paid on time each month  and that they balance
Management responsibilities

Developing, adapting & revising the accounting system to meet the Company needs.
Supervising the day to day operation of the accounting dept. with full responsibility for the quality and quantity of work performed; training & development of subordinates, work schedules.
Provide either directly or through the Controller the status of financial resources & trends as revealed by accounting data & selecting a manner of presentation that is meaningful to management.
Assist in continual improvement of operations through suggestions for cost control, collections, tax reductions or similar programmes.
Assist the Controller in budgeting activities (both annual and forecast).
Assist in all aspects of inventory costing and reporting, including scrap, physical    inventory, updating the Bills of material & labour standards
To ensure that the company's accounting system in compliant with generally accepted accounting practices and with Lear Corporation policies
  Monthly financial reporting

Collecting relevant data from various sources, collating information
Compiling various reports on a monthly and annual basis.
Explaining the variances.
Processing/review monthly journals.
Has the primary responsibility for month end & year-end closing. Includes general ledgers, submission of certain reports & analyses of accruals.
Income Statement, Balance Sheet Statistics, Headcount, Variance Walks, Actual Reporting In Hyperion.
Review of monthly general ledger reconciliations
To ensure that accurate financial reports are compiled & available as required
  Control of general ledger

    Run month end interfaces.
    Run pre-month end and reconcile control accounts.
On accounting package, analyze the previous day's transactions.
Should problems arise, determine in which module they have occurred.
Problem solves accordingly.
Reconciliation of general ledger to all subsidiary ledgers on a monthly basis.
To check on daily balance and ensure that problems are dealt with speedily and ensure that monthly reconciliations are conducted.
Preparation of tax packs for auditors. Compile schedules from year end information which is made available to auditors when required.
Full responsibility for preparing year end audit files & reconciliations.
Respond to queries from SARS.
To ensure that auditors are equipped with accurate information

Special projects

Analysis of costs e.g. for six sigma.
Preparation of relevant information and data.
Assist the Controller in all reporting functions
To ensure that the six sigma black belt is supplied with relevant information pertaining to costs and cost savings.
Monitoring of internal control compliance

 

Preparation of ICQ and undertaking internal control audits
Responsible for all cycles.
Maintain & update all system descriptions and financial policies and procedures relating to Debtors, Production, Stock, Stock Take and Cycle Counts.
Maintain SOX files in Hyperion.
Prepare Quarterly Attests.
Approve all SOX forms for master file changes (prices, customers and supplier master).
User Access Review (bi-annually).
Segregation of duties (annually).
SOX narratives.
Maintain SOX permanent file.
To ensure the sound application of internal controls.
Cashbooks

Reconciling and updating of cashbooks.
Allocation of GL codes to EFT and cheque requisitions and cancel supporting           documentation.
Review cash flow forecasts.Review petty cash recon/counts.
Ad hoc audits of petty cash.Reconcile LEX and forecasted bank balances.
To ensure that cashbooks are up to date and fully  reconciled monthly
Ad hoc

Carrying out any related tasks as instructed by the Manager  to ensure achievement of departmental objectives        
Stock

Attend stock take as stock take auditor
Process inventory adjustments as submitted by Logistics
Annual Financial Statements
Comply with auditors
Assist with audit
Fixed Assets

• Maintain and update Fixed Assets register.

• Reconcile Fixed Assets register to General Ledger.

Accounts Receivable

Reconcile accounts receivable from Sub Ledger to General Ledger to statement.
Capture and allocate receipts.