Assistant Financial Accountant - Port Elizabeth Verfied

R 750 000-850 000 per annum Port Elizabeth, Eastern Cape Port Elizabeth, Eastern Cape more than 14 days ago 25-05-2022 11:51:11 AM
04-07-2022 11:20:06 AM
Applications are invited to apply for this excellent opportunity that exists for the above-mentioned position in the Finance Department. The successful incumbent will report to the Financial Controller.

PURPOSE:

To contribute towards the objectives of the Finance and Administration Function by providing timely, accurate and reliable information to facilitate decision making in the factory.

MINIMUM REQUIREMENTS:

• Qualified Chartered Accountant OR ( Min BCom Accounting as a major with articles)
• 5-10 years post articles experience, preferably in a manufacturing (automotive or FMCG environment
• Proven supervisory skills

KEY RESPONSIBILITIES:

Include, but are not limited to:
• Control the Accounts Receivable function, including, managing Shared Services staff, attend the AR review meetings, prepare Corporate AR templates, maintenance of the Group pricing policy, compilation of annual Sales budgets, review and maintain credit limits
• Control the Accounts Payable function, including, managing Shared Services and local staff, review monthly reconciliations, ensure foreign exchange compliance, arrange foreign transaction deals with Standard Bank, review unmatched GRN report
• Responsibility for the trial balance and the accuracy of accounts
• Review and authorise journal entries and the journal register
• Ensure reconciliations, supporting information and other reports are included in the month-end file and reviewed
• Review balance sheet items such as accrual, provision, prepayments etc. monthly for reasonableness
• Review monthly Master Data file and follow-up on any areas of concern
• Upload results into 10Stream, ensure accurate submissions occur and that 10Stream agrees to the General Ledger
• Margin Management (GVAT) monthly submissions
• Prepare NNB tracking report
• Prepare Corporate presentations – monthly results, annual budgets and any other ad hoc requests
• Prepare supporting schedules for monthly forecasts and annual budget
• Upload budget into 10Stream
• Prepare and submit monthly VAT returns
• Prepare Accounting and Tax packs annually for the statutory audit
• Prepare variance analysis with explanations for various Income Statement accounts under review
• Prepare GL reconciliations for sales, cost of sales and all items that requires AFS disclosure
• Assist in compliance with IFRS and Company Policies and Procedures
• Review Royalty calculations and journal entries
• Manage the quarterly royalty audits and payments
• Manage Sarbanes Oxley requirements and submit on WDesk
• Manage internal controls and internal audit procedures monthly
• Perform other duties/tasks identified from time to time by the Financial Controller

KEY COMPETENCIES:

• Tolerance for stress, ability to work under deadline pressure
• Planning and organising abilities
• Judgement/problem solving skills with ability to take initiative
• Attention to detail and excellent analytical ability
• Quality orientation and meeting high standards
• Ability to work as an integral member and motivate employees
• Honesty and integrity
• Excellent oral and written communication skills and this includes presentation skills at Senior Management Level
• Must be performance driven and results oriented