Finance Auditing Officer - Durban Verfied

R 25K-27K per month Durban, Kwazulu-Natal Durban, Kwazulu-Natal more than 14 days ago 24-11-2020 7:37:39 AM
19-01-2021 7:37:39 AM
Finance Auditing Officer - Finance | eThekwini - Durban
Salary: R25-27K CTC

Please Submit: Updated MS Word CV; RFL ALL Employment History Incl Current; Current Salary P/M

Purpose of Position:
Complement Recruitment are recruiting for a Finance & Auditing Officer for a Manufacturing company based in Cato Ridge, eThekwini, Durban, Kwazulu Natal. Qualified Junior Chartered Accountants are welcome to apply. Experience in a large, high pressurised environment essential.

JOB SUMMARY:
Responsible for providing financial, administrative and clerical services in order to ensure effective, efficient and accurate financial and administrative operations. Must comply with the Financial Administration Act, Generally Accepted Accounting Principles and municipal financial by-laws, policies and procedure

Qualifications:
• Grade 12; Related Finance Diploma and/or CA Accounting Degree
• MS Office (Advanced EXCEL) and sound computer knowledge, SAP, SAGE, etc
• Must be results-orientated and able to work both independently and within a team environment.
• Must possess excellent verbal and written communication skills.
• Drivers License and own transport, able to work long hours when necessary

KEY PERFORMANCE AREAS:

Main activities
Perform the day to day processing of financial transactions to ensure that finances are maintained in an effective, up to date and accurate manner for the Business Entities.

Audit:
• Handling all Statutory, internal and other audits
• Preparing and getting audited the quarterly audit pack, variance report, related party transactions and other details requested by Head office.
• Prepares the annual financial statement (AFS) for audit as per the latest rules & regulations.
• Maintain the secondary set of books (IGAAP) as required for stock exchange reporting in India.

Closing of books:
• Approve MRC's, work orders and other AP related transactions
• Helping in A.R. with any technical issue arising.
• Passing JV's for the month and ensuring all liabilities have been accrued & booked
• Ensuring that all documentation for VAT desk-audit by SARS is provided on a timely basis

Statutory Compliances:
• Filing of VAT return by 25th of each month.
• Filing of EMP201 return in time
• Filing of half yearly employee tax reconciliation (EMP501) in time
• Earning (ROE) is calculated correctly and filed in time for COIDA requirement.
• Income tax return for the company (ITR14) is filed in time with proper back-up and supporting schedule for future use.
• Complete the compulsory supporting requested by SARS (IT14SD) within the stipulated time and within stipulated margin laid down in Income tax act.

Insurance:
• Helps in the annual renewal of the asset, marine & business interruption policy
• Ensuring that claims if any is paid on a timely basis by insurer
• Checks the monthly declaration done for trade risk insurance

Management accounting:
• Updates the management account pack with the supporting schedule for reporting and group consolidation
• Help in analyzing the movement in accounts with rationale reasoning
• Maintains the secondary set of books in ERP (IGAAP) as required by stock exchange in India

Regulatory/ External liaising:
• Co-ordinates with municipality for the monthly rates & taxes and water
• Provided STATSA or other government agencies the required information on performance of the company

Stock Control & Asset management
• Ensure that the system stock are matching with physical stock at any given point of time. Sample stock take conducted every month and detail stock take once a quarter to ensure the accuracy of stock
• Physical verification of Assets in line with accounting policy and ensure all assets are tagged properly

Others:
• Handles all master related review activity in Oracle:
• Customer master
• Supplier master
• Item master
• 2. Co-ordinates budget preparation activity for the company"

KEY COMPETENCIES:
The incumbent must maintain strict confidentiality in performing the duties of the Finance and Administration officer. The incumbent must also demonstrate the following personal attributes:

? Be honest and trustworthy
? Be respectful
? Possess cultural awareness and sensitivity
? Be flexible
? Demonstrate sound work ethics

Working Relationships
? Coordinating with Purchasing Department
? Coordinating with Administration Department
? Coordinating with Customers & Suppliers
? Coordinating with Logistics Department