Financial Accountant

Recruiter:

SHARON NUROCK RECRUITMENT CC

Job Ref:

DUR002295/SN

Date posted:

Friday, February 11, 2022

Location:

Durban, South Africa

Salary:

R700 000.00 per annum (cost to company) - negotiable

JOB SUMMARY:
This longstanding manufacturing company, a division of a listed group, needs your experience and expertise to consolidate and report divisional financial information accurately and timeously.

JOB DESCRIPTION:

The Person:

C.A. (S.A.), with 3 to 5 years’ experience in a manufacturing environment.
Advanced MS Office (Excel, Word, Powerpoint, Outlook).
Databases and BI systems (MS Power BI/Qlik/Tableau, etc., or other Cube-based systems).
Integrated ERP systems.

Key Performance Areas:

General Financial Management:

Provide financial analysis and support to management and all operational areas of the business.

Financial Management Systems:
Manage the following:

Accounting systems and access control, including verification of access granted being correct, for financial reporting systems, for example Finnivo and Qlik;
Period access and exchange rates on ERP LX;
Period access on Qlik for sales, budget and forecast data;
Annual calendar on all reporting systems;
Management and technical support to BU's; and
Monthly internal control review to confirm interface between reporting systems aligns including ERP LX to Qlik and Qlik to Finnivo.

Internal Control:

Understand the internal control framework for finance and assist in the identification of control failures and required corrective action or improvements to existing framework.
Review, management and implementation of identified internal controls.
Comply with internal controls.

Budgets:

Update templates on annual basis for standard submissions across all BU's.
Consolidate all budgets for the division.
Update and circulate budget parameters and timelines annually.
Perform reasonability review on submitted budgets (sales and financial) and resolve inconsistencies before Senior Management review.

Forecasts:

Co-ordinate and consolidate all forecasts for division.
Review all forecasts.

Financial Pack and Monthly Reporting:
Prepare the following:

Schedules and reports for the monthly division financial pack;
Consolidated results in the monthly division financial pack; and
Industry sales and vehicle build presentation for the Divisional meeting.

Review, circulate, co-ordinate and submit the monthly division financial pack.

Monthly Flash Results:

Consolidate the division Flash results.

Weekly Sales and Profit Forecast Report:

Review weekly sales and profit forecast reports for reasonableness and resolve inconsistencies and submit consolidated report to management.

Audits and Year-End Processes:

Assist with the preparation, roll out and plan year-end statutory audit (external and internal) in line with the consolidated audit plan.
Prepare and review the year end audit and tax.
Conduct a final review, consolidation and submit results to Holding Company.
Assist in co-ordinating all Holding Company requests and queries on year end results.
Co-ordinate the preparation, review and sign off all statutory financial statements of the division.
Co-ordinate and review the bi-annual provisional tax submissions.
Review the final tax pack in line with the signed AFS for submission.
Co-ordinate the resolution tax queries and final submission on e-Filing.

Capital Spend:

Review capital spend.
Manage the Capex register and authorisation of all divisional Capex forms and compare to monthly reported Capex.
Review capital WIP monthly and resolve inconsistencies for the division.

Statutory Returns:

Complete monthly VAT and PAYE status check and provide report of issues to management on monthly basis.

Other Reporting:
Prepare the following:

Monthly timelines for all finance deliverables and manage BUs deliverables in line with these timelines;
Quarterly timelines for all deliverables for the Board and Audit Committee;
Monthly management reports for review of results from Qlik;
Scheduled returns for external users, including StatsSA and NAACAM;
Quarterly Board reports for areas of responsibility and operational report ratios for the COO reports; and
Bi-annual financial audit committee reports.

Insurance:
Prepare the following:

Consolidated insurance declaration for review and submission.
Quarterly insurance related reporting for Board.

Manage the following:

Annual insurance declaration process.
Claims process with the BU’s.

Review the following:

Final insurance premium for reasonable and prepare allocation to each BU.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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