Requirements
Foreign Exchange Transactions
Process all import documentation relating to foreign exchange.
Process all foreign exchange transactions and journal entries relating to forward cover
Ensure cover is taken immediately upon invoice by the foreign supplier
Ensure all invoices are covered by reconciling these monthly between the supplier statement and the FEC report
Prepare Creditor Recon for Foreign Creditors.
Manage any other ad hoc sundry foreign exchange matters.
Financial Reporting and Compliance
Complete and upload actual monthly results into Reunert’s OneStream reporting tool.
Review the annual audit pack.
Prepare internal cost centre reports for review by departmental executives.
Complete required statutory reporting as required -STATS SA and SARB as requested by the entities.
Ensure that all accounting entries are compliant with IFRS.
Identify new accounting standards, analyze the impact, and ensure these are implemented effectively.
Review classification of expenses and reallocation where required.
Calculating and journal provisions for stock obsolescence in line with company policy and IFRS
Perform ECL (Expected Credit Loss) calculations in accordance with IFRS 9 requirements and Reunert policy
Prepare goodwill impairment assessments and calculations in line with IAS 36 requirements
Contribute to the enhancement of financial processes, controls and structure to support improved financial performance and integrity.
Prepare the monthly financial board pack, ensuring accuracy, completeness and alignment with reporting timelines.
Assist the Group Financial Manager with various ad hoc analyses, tasks and projects as needed.
Compile annual financial statements and ensure timely resolution of related queries
General Ledger Reconciliations
Complete assigned balance sheet recons monthly.
Review general ledger reconciliations to ensure that these are prepared correctly, and reconciling items are resolved timeously.
Audits
Completion and submission of the annual audit pack.
Respond to queries from internal and external Auditors.
Sage X3
Allocate GL accounts correctly on the Income Statement and Balance Sheet.
Prepare journals on the system and include supporting documentation.
Conduct regular checks on the system to ensure invoices are allocated to the correct GL accounts.
Forecasting Cash Flows
Compile and complete the cash flow forecast and ensure accuracy in cash to be receipted/collected.
Review Cash forecasts received from Franchises and ensured that forecasts are compiled in accordance with Reunert guidelines.
Working Capital Management
Review upcoming payments and ensure there are sufficient funds to cover said payments.
Liaise with Reunert with regards to requests for fund transfer based on the working capital requirements.
Budgets and Forecasts
Collaborate with Group Financial Manager to compile monthly forecast for the Balance Sheet and Income Statement.
Upload forecast results on OneStream and ensure all schedules are completed monthly.
Prepare an overview of monthly costs against forecast/budget figures and share with the relevant departmental heads.
Accounts Payable Management
Manage the Accounts Payable process and ensure that supplier invoices are processed accurately and timeously.
Ensure that invoices approved are completed in accordance with company policy.
Manage the Creditors team and ensure timeous payment of supplier invoices and resolution of queries.
Liaise with relevant departments to ensure timeous resolution of queries.
Approve and release payments on a scheduled and ad hoc basis in line with company policy
People Management
Encourage and reinforce the organisation’s values, leadership principles and Top Employer strategies.
Ensure an open, harmonious, and motivated work environment that reflects the organisation’s leadership philosophy
Manage the performance of all direct reports ensuring that regular feedback (biannual KPI goal setting and reviewing), coaching and mentoring is given/received thereby enabling continuous improvement.
Ensure the recruitment of appropriately skilled staff to key positions.
Ensure that the talent review and management strategy is implemented for all staff.
Ensure career and IDP discussions are conducted with all staff.
Review and Manage Charity Fund
Review monthly reports to Sage X3, ensuring accurate and timely submission to the board.
Ensure accounting entries are appropriately recorded in accordance with IFRS.
Review and validate VAT calculations and VAT 201 returns, ensuring accuracy and regulatory compliance. Manage timely submission of VAT 201 returns in line with statutory deadlines.
Assist with the preparation of the annual IT12EI including reviewing supporting documentation and calculations.
Coordinate audit process, attend to audit queries and ensure timely resolution of findings.
Education & Experience:
Chartered Accountant (SA)
3 years post articles experience
Advanced Excel skills.
Experience with Sage X3 or comparable ERP systems preferred
Apply via company website ( http://www.solugrowth.com ) or
solugrowth.mcidirecthire.com
