Financial Reporting and Control Manager

SUMMARY:
Ballito – A leading logistics company is seeking a qualified Chartered Accountant (CA) to join their team as a Financial Reporting and Control Manager. Consolidation experience is a must! 

This role is responsible for ensuring accurate financial reporting, maintaining strong internal controls, and ensuring compliance with all relevant financial regulations.

POSITION INFO:
Requirements:

• Qualified Chartered Accountant (CA)
• Extensive experience in financial consolidation, reporting, and IFRS
• Proven track record in managing teams and operational finance
• Strong proficiency in Excel and MS Office tools
• Proficient in MS Dynamics Business Central and OneStream – Enterprise Finance Management
• Self-motivated and able to work independently
• Demonstrates a smart approach to problem-solving and decision-making

• Lead the process of performing and submitting the core consolidation packages for the gas and fuel business units individually.

• Inter-elims, Group elims, investment elims - linked to the respective data-warehouse (DW) files.

• Review the file before submission to Group for further review/processing.

• Responsible to oversee the submission of the Quartely Group overheads analysis for Group review

• Files used for uploading information in Onestream which supports all cube view data for numerical notes and disclosure amounts in the financial statements in accordance with IFRS.
• Used to connect the financial information in the Onestream upload files. Examples are:

• Having ALL SA company TBs loaded successfully in OneStream without any imbalances / errors in data / mapping issues, by the Financial Managers. Conduct e a series of checks that the OneStream info is complete and accurate.
• Ensuring that all eliminations loaded are (a) against the correct IC partner, (b) for the correct amount, (c) against the correct account, by the Financial Managers. Conduct a series of checks that the OneStream info is complete and accurate.
• Ensuring that the Cash flow statement balances for all SA companies in OneStream.
• Ensuring that all supporting cube views (for BS and PnL required notes), as well as supplementary data, is completely and accurately loaded in the system, by the Financial Managers. Conduct e a series of checks that the OneStream info is complete and accurate.

• Overall responsible to ensure that the annual accounts are in compliance with IFRS.
• Preparing new accounting memorandums
• Coaching TM to handle simpler accounting transactions
• Be overall responsible for accounting for internal re-structurings, and prepare journals for disposal accounting / amendment of consolidation adjustments, liaise with local Fuel + Gas FMs to ensure the elimination files are amended as necessary

• Obtaining, reviewing, and using the data necessary for the preparation of the financial reporting package for all reportable entities.
• Monitoring the timelines of completion, review and sign-off by directors & auditors of all statutory financial statements.
• Promptly arrange for the review of the pre-final drafts of FS by Group Finance and Directors, in anticipation of signing.

• Lead the auditor re-appointment process and ensure all engagement letters are signed
• Co-ordinate the commencement of the interim/final audits.
• Optimize the audit cycle, by exploring options of getting as much of the job done as possible during interim period, arrange for more analytics to be deployed by auditor.
• Follow up on the review plan and ensure that all counterparties deliver as per the set timeline (to be discussed and driven by you on an annual basis).
• Be able to understand priorities and make changes to the initial plan as necessary in an agile way.

• Drive the change in the way SA records tax accruals (simple PL method) and create a file in order to follow the policy used by the Group on calculating income tax and perform also a roll-forward for DTA/DTL.

• Preparation and submission for Group senior tax manager/Head of Tax of all provisional income tax computations

• Preparation and submission for Group senior tax manager/Head of Tax of all income tax computations.

• Work with the external consultant and oversee the preparation of the TP reports. Co-ordinate the delivery of all required data (from Fuel +Gas accounts) to the consultant, in order for the consultant to prepare the draft reports.

• Prepare the quarterly covenant compliance calculations for use by the Treasury department (communication with finance counterparties as per loan agreement terms).

• Lead, in collaboration with other departments (Treasury, Operations, Legal), the preparation, and submission, of documentation required by CIPC, SARS, SARB.