Financial Accountant

SUMMARY:
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POSITION INFO:

Position Purpose

To ensure the Financial Accountant function is managed efficiently by:

• Supporting the Finance Department through the collection, processing, recording, reconciliation and reporting of financial data.
• Verifying the validity, completeness and accuracy of source documentation.
• Sifting through large amounts of information to quickly determine relevant facts and figures for decision making.

Key Responsibilities

• Build and maintain sound business relationship with:
  • Fellow Finance Team (Credit Control, Accounting and Finance Manager)
  • Other departments and senior management; and
  • 3rd Parties (SARS, auditors, consultants).
• Assist with year-end statutory audit.

• Adhere to month-end timetable accounting deadlines;
• Take ownership of the following accounting functions:
  • Trade promotion which involves full GTN (gross to net) process, releasing accruals and rebates
  • Rebates (in line with customer trading terms)
  • Internal orders on SAP
  • VAT monthly submission and maintenance
  • Monthly Inter-company COGNOS reporting.
• Revaluation of foreign bank accounts
• Preparation of monthly trade promotion, markdown and rebates in Accounts Receivable reports.
• Prepare monthly reconciliation for destructions and donations.
• Compiling valid, complete and accurate balance sheet reconciliations:
  • Present balance sheet reconciliations to Head of Corporate Finance; and
  • Follow up on reconciling items.
• Manage Prepayments & Display COGS
• Monthly preparation of recurring journals setup and release
• Managing price changes on SAP for NPD’s (New product development)
• Maintain SA Reserve Bank Relationship which includes preparing applications and import undertakings
• Supporting with maintaining internal control – LICS (including Retail LICS)
• Assist with SARS Audits – VAT, Tax, Customs, EMP
• Assist with annual external audit preparations
• Assist with annual financial statement preparations
• Assist the Head of Corporate Finance in forecasting, budgeting and month-end reporting process and any other ad-hoc requests in line with business requirements

Personal Characteristics

• Excellent interpersonal and communication skills;
• Able to influence and communicate clearly at all levels;
• Methodical and structured approach to tasks;
• High flexibility and self-managed;
• Reliable, loyal, trustworthy and honest;
• Able to grow with the level of responsibilities; and
• Good leadership skills and passion for work.

Requirements

Skills and Competencies required

• B.Com Degree in Accounting or Financial Management;
• A minimum of three years working experience in Financial Accounting, preferably in a multinational FMCG environment;
• Understand the rationale behind doing tasks and risks involved in Financial Accounting areas;
• Use equipment and software available, in the most time effective way to complete day to day activities;
• Highly numerate with excellent analytical skills and attention to detail; and
• Advanced MS Excel skills, SAP experience considered to be a distinctive advantage.