Business Unit Accountant (6 Months FTC)

About the position

Job Purpose:

• To be responsible for the financial, administrative and management systems

Minimum Requirements:

• Grade 12
• BCom In Accounting
• Minimum 4 years’ experience in Finance / accounting role

Responsibilities:

Financial Strategy:

• Participate in organisational strategy management from a financial management perspective.

General Financial:

• Provide Financial analysis and support to management and all operational areas of the business.
• Maintain and update accounting system (ERP: BPCS)
• Ensure compliance with internal control.
• Prepare financial reports and returns.
• Generate information and reports for internal and external use.
• Review and action Balance Sheet Account variances.

Budget / Forecast:

• Prepare operational budget and load budget on the system.
• Co-ordinate and consolidate all budgets and forecasts.
• Prepare of Operational forecast on the system.

Financial reporting & General Ledger:

• Prepare financial reports and returns.
• Analyse and interpret finance reports and statistical data.
• Investigate and action financial variances (budget/forecast).
• Compile the weekly BU flash result and analyse variances.
• Prepare and review and circulate the Monthly BU Financial Pack
• Prepare financial reports and returns (Monthly BU/Plant Financial Pack).
• Prepare monthly management accounts for Group submission
• Prepare monthly intercompany reporting for Group submission.
• Prepare monthly capex reporting for Group submission.
• Compile weekly sales reports.
• Compile balance sheet account reconciliation.
• Investigate and action balance sheet account variances.
• Prepare and post Journal entries.
• Manage subsystem vs general ledger balancing and action variances.

Audits and Financial Period – End processes:

• Prepare of the year-end statutory audit (External and Internal) in line with the consolidates audit plan.
• Prepare ledge balance and an initial balance including all reconciliations, balance sheet accounts and support documentation.
• Prepare year-end reporting Accounting and Tax packs.
• Follow up and action Audit finding.

Creditors, Banking & Cash management:

• Verify weekly bank transfers (Creditor and wages)
• Review and authorise creditors reconciliations, exception reports and payment.
• Approval of payment on the banking system.
• Monitor daily cash positions and cash flows to ensure settlement and maximise performance.
• Assist with cash management function of the BU.

Lease Management:

• Update the lease management system for contract additions, terminations, annual contract anniversary and interest rate changes.

Forex:

• Manage Forex risk and forex reporting.
• Review Forex Forecasts

Debtors:

• Maintain and update the tooling account and reconciliation.
• Review and analyse the debtors age analysis, ensuring timely payments from customer.

Creditors:

• Support with system automation in the AP function for staff training and resolution.
• Support with control implementation to support the self-billing system.

CAPEX & Fixed assets:

• Consolidate the compile the BU capex reports.
• Calculate ROI on proposed CAPEX.
• Complete CAPEX additions /disposal / transfer applications
• Monitor and report CAPEX monthly spend vs budget and report on variances.
• Maintain and update the fixed assets register (issues Asset No’s etc.)
• Review useful life and residual value of Fixed Assets analysis.
• Maintain the capex register for authorised capex forms.

Statutory Returns:

• Prepare/ review business tax returns (VAT, UIF, PAYE, WCA)
• Comply with value -added tax administration.
• Review statistics returns.
• Support process of Provisional/Income Tax returns

Insurance:

• Assist with review and submit Insurance Declarations
• Assist with filing claims for losses.

Stock Control:

• Monitor and review holding.
• Oversee stock takes.
• Analyses and investigates stock count variances.
• Maintain the integrity of the stock Subsystem.

Continuous Improvement:

• Identify improvement opportunities and make recommendations for improvements.
• Participate in Continuous Improvement initiatives

 

Desired Skills:

• Accounting
• Creditors
• Debtors
• Finance