Job Description

A leading automotive manufacturing company in Ekurhuleni is seeking to employ a Financial Accountant with 5 years financial management and control. Sound knowledge of international financial reporting standard (IFRS) and In depth knowledge of integrated ERP computer systems. Ideal person or applicant must come from manufacturing or automotive manufacturing, FMCG environment. Must have financial controll management experience.

Duties and Responsibilities

• Supervision of the following functions -

• Assistant Accountant
• Responsible for the authorization of creditors, cashbooks and petty cash -

• Approve creditor payments
• Approve cashbook and ad hoc payments
• Approve rebate payments to customers
• Approve Scrap Payments
• Approve Foreign Payments
• Preparing and reconciling of general ledger control account reconciliations monthly -

• Right to recover returned Goods
• IFRS16 Leases
• Automotive Provisions
• Toll Clearing account
• Taxation
• Companies Loan account
• Stock Difference Account (After each stock take)
• Review of general ledger control account reconciliations monthly-

• Fixed Asset Register and General Ledger reconciliation
• Manual Stock Account
• Stock Provision
• Proceeds from Disposal
• GRN Control Account
• VAT Payment
• Preparation of monthly Exco reports -

• Sales reports
• Branch and cost centre monthly statements
• Exco Report and all other reports needed to complete for the month
• Reviewing of monthly Exco Reports-

• All Sales Analysis Reports
• All Marketing comment reports for Exco Pack for both divisions
• WIP report review
• Distribution Report
• Review of Exco and Board Packs
• Prepare and process of Journals at Month end-

• Production and Recovery entries for month manufacturing
• Last day production journal
• Companies Loan Recon entries
• PPV entries for Smelter
• Accrual for Toll expenses and Revenue
• Obsolete Stock provision Entries
• Advertising provision Entries
• Water and Electricity Accrual
• Assisting in following JDE processes-

• Opening of new General Ledger accounts
• Making General Ledger Accounts inactive
• Voiding of Supplier entries as well as journal entries
• With AP and month end close when necessary
• Posting of batches and resolving issues if batches are in error
• Run of Integrity reports
• Data browser for Business to determine to which General Ledger account a certain transaction went to.
• Extracting detail General Ledger Accounts and distribute to Business so they can analyse their Expenses
• Review Capex and FML request before sending it to FD for approval
• Prepare and distribute documents required for the quarterly forecasts and Revenue, Manufacturing and manufacturing expenses
• Consolidate quarterly forecasts and prepare reports for Business Unit and Revenue
• Prepare and distribute documents required for the annual budget process for Business Unit and Revenue, Manufacturing and Expenses
• Consolidate budgets and prepare budget reports for Unit and Revenue, Manufacturing and Manufacturing Expenses
• Prepare budgets for upload into JD Edwards
• Compile financial year end schedules -

• Sales by Country
• Cognos schedules Y03, Y03B and Y03C [volumes]
• IFRS 16 Schedule
• Right to recover returned Goods [IFRS 15]
• Assist with Audit queries
• Other Management Reports and Analytics-

• PV Analysis
• Distribution Tracker
• Smelter additional reports to assist Director with comments and analysing results
• Preparing and assisting with Government grants
• SMD Calculation Quarterly
• Weekly Cycle counts posting and updating MRP schedule with the results
• All Adhoc requirements from Management to assist with reporting or analytics
• Ensure that all subordinates are adequately trained to perform their functions properly

• General accounting: Complete command of all aspects of financial and cost accounting disciplines
• Computer & Technical ability: Extensive computer literacy/ In depth knowledge of ERP computer systems
• Sound knowledge of international financial reporting standard (IFRS)

• B. Com or equivalent accounting qualification
• Preference will be given for a CA(SA) qualification.
• Minimum 5 years' experience of financial management and control

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