Financial Accountant

About the position

Outline of the position:

• Financial Accounting
• Performing monthly balance sheet reconciliations including subledger reconciliations to GL
• Design robust internal controls and safeguard finance rigour within the team.
• Preparation and posting of monthly journals.
• Responsible for the fixed asset register
• Budget and forecast load into HFM.
• Analysis of marketing expenditure by brand support and indirect expenses
• Balancing of HYP Vs GL
• Review of trading terms and rebates by customer
• Accounts Payable
• Review of aged payables exception report
• Review of audit trail of vendor master file changes report
• Review monthly creditors reconciliations.
• Internal audit / Sarbanes Oxley project manager/External audit
• Oversee the Sarbanes Oxley Act section 404 requirements including:
• planning of the quarterly audit, and external audit
• updating documentation of processes
• performing walkthroughs, at least annually
• performing bi-annual testing of controls
• identifying weaknesses in internal controls and reporting of these deficiencies to the financial manager and relevant heads of department.
• Taxation
• Complete of all tax returns(Monthly VAT returns,quarterly Ad-valorem returns, provisional tax, STC etc)
• Assist with Performing the VAT reasonability test
• Maintenance of the Ad-valorem tariff code table in the system.
• Monthly reporting of tax forecasts to New York as well as the annual Form 5471
• Assist with Preparation of the annual tax pack and completion of the IT14 return
• Audit liaison of the annual tax pack
• Prepare tax schedules required for the annual tax pack.
• Assistance with all tax related queries/audits
• Statutory Annual Financial Statements

Assist and support the Finance Manager with Preparation of the Statutory Annual Financial Statements

Desired Skills:

• Syspro
• Financial acumen
• problem solving skills.
• Accounting Degree

Desired Qualification Level & Accreditations:

• Degree
• South African Institute of Chartered Accountant

About The Employer:

Succesful FMCG brands