Job Description

RESPONSIBILITIES
POLICIES AND PROCEDURES COMPILATION AND REVIEW

• Keep up to date with prevailing International Financial Reporting Standards (IFRS), Tax legislation and Companies Act and interpret regulatory requirements for implementation in the company
• Establish and/or review policies and procedures related to financial reporting and regulatory compliance for approval by CFO.

FINANCIAL ACCOUNTING AND REPORTING

• Liaise with group Shared Service Centre (SSC), tax consultants, internal and external auditors & company secretarial.
• Coordinate and manage activities of various stakeholders towards internal, group and external reporting.
• Partner with Group Financial Planning & Analysis (FP&A) team to ensure that all transactions are correctly recorded and timeously.
• Ensure all balance sheet accounts are reconciled in accordance with policy, provide a report to management of unreconciled items and follow up actions.
• Consolidate the business Monthly Review Meeting (MRM) reports and other reports such as but not limited to Significant Events Reporting, Consol DB, Executive Summary in line with various stakeholder requirements timeously.
• Prepare financial statements.
• Monitor and ensure all company reporting requirements are met.
• Ensure statutory reporting compliance for all the companiy's businesses in South Africa, on a timely basis.
• Stay up to date with technological advances and accounting software to be used for financial purposes
• Seek and implement process improvement opportunities, leverage knowledge and expertise of the company's Shared Services.
• Monitor daily transaction processing to ensure all information contained within the finance system is up to date.
• Conduct financial analysis of contracts to ensure profitability is explained and justified.
• Complete Forex analysis accurately and submit to the Financial Controller (FC) timeously.
• Analyse all administration fee costs monthly to ensure accuracy and cost containment where applicable.
• Prepare and analyse the trading commodity positions prior to submission to FC
• Prepare the forex exposure reports and analysis thereof prior to submission to FC
• Perform allocation schedules for working capital, Forward exchange contracts, Forex, Interest Income, Interest
• Expense and ancillary income statement costs affiliated with trading.
• Prepare monthly trading profitability with trend analysis for review by FC and discussion with trading team.
• Conduct transfer pricing exercise to ensure business transacts on an arms-length basis.
• Identify opportunities to improve processes and the control environment and recommend relevant action.
• Ensure that all transactions comply with the company and local policies and procedures.

COMPLIANCE AND CONTROL

• Ensure that monthly Value Added Tax (VAT) is prepared and submitted to South African Revenue Services (SARS)
• Ensure all monthly returns are submitted to South Africa Reserve Bank (SARB) timeously.
• Ensure Organisation for Economics Corporation and Development (OECD) requirements are complied with regards to transfer pricing.
• Ensure Companies and Intellectual Property Commission (CIPC) returns have been submitted by Resolve (Company Secretary) after the Annual Financial Statements have been signed off.
• Comply with applicable regulatory and other legal and governance requirements.

STAKEHOLDER MANAGEMENT

• Provide expert leadership in execution of accounting and financial reporting activities within the company
• Build and maintain relationships with stakeholders involved in processes related to reporting, accounting, external auditing, company secretarial and tax filing.
• Collaborate with relevant stakeholders in planning, implementation and completion of key activities.

PEOPLE MANAGEMENT

• Fill vacant positions with employees who meet knowledge and skills requirements for positions.
• Train and/or schedule training of employees in order to ensure that they are competent for role execution.
• Manage the performance and discipline of team members, in a way that ensures productivity
• Ensure compliance with prevailing policies and procedures.

REQUIREMENTS
QUALIFICATIONS

• BCom Honours Degree in Financial Accounting

EXPERIENCE

• 3 years post Article experience in a manufacturing environment
• Working experience with SAP is an added advantage

SKILLS AND KNOWLEDGE

• Sound knowledge of IFRS and South African Tax regulations
• Understanding of business principles and practices
• Proficiency in SAP and Microsoft Office
• Reporting
• Business acumen
• Analytical, critical thinking and problem-solving skills
• Persuasion and influencing (others who are not direct reports)
• Written and verbal communication
• Interpersonal skills
• Collaboration and stakeholder management
• Continuous improvement and change management
• Leadership
• Ability to work under pressure
• Ability to work both independently and within a team
• Attention to detail
• Results orientated
• Conscientious
• Resilient
• Reliable and Decisive