Date | 2024-06-19 |
---|---|
Job Title | Group Accountant (Fmcg) |
Employer | NEOC Group More Information |
Salary | 50000 |
Category | Finance Accounting |
Location |
Gauteng / Gauteng |
Job Summary
Reporting:
- Assist with the preparation of the consolidated audit pack to help the Finance Executive Manager speed up the consolidation process during the audit.
- Standardize audit pack for individual companies to ensure consistent treatment of similar items across the Group.
- Help develop and improve the reporting model.
- Provide financial managers in the group with guidance and assistance on the preparation of the financial statements of the subsidiaries in the group.
- Preparation of annual financial statements for the group and subsidiaries in terms of IFRS.
- Prepare documentation for the auditors: impairment reviews, impact of future accounting policies, justification to consolidate/deconsolidate companies, operating segments, going concern assessment.
Management information:
- Assist with the compilation of the monthly management reports using financial and non financial information from various data sources.
- Compare actual performance to budget and prior year and obtain reasons for variances.
- Identify and investigate unusual financial trends and anomalies to ensure that actual performance is a true reflection of business performance and results achieved.
- Involvement in the forecasting of future financial performance.
- Assist with drafting management discussion and analysis part of the monthly management reports.
- Prepare flash reports at month end.
Group Secretarial Work
- Assist the Finance Executive with all matters associated with facilitating board meetings.
- Minutes of meetings.
- Research of matters which may have Companies Act implications.
- Preparing board packs.
- Drafting shareholder and directors’ resolutions.
- Updating shareholding registers.
- Filing returns with the CIPC.
Special projects:
- Assist with the process of providing financial managers in the group with guidance and assistance on complex IFRS reporting items.
- Assist the Finance Executive with ad hoc projects related to transactions.
- Assist with the accounting for smaller companies within the group.
Treasury
- Ensure that Cash Budgets and Forecast cash flow positions are prepared on time for the Group.
- Conduct a variance analysis on a weekly basis and provide management with a detailed analysis of changes and the reasons therefore.
- Maintain banking relationships and negotiate terms with banks under the strict supervision of the executive director.
- Ensure that sufficient reserves are maintained for short- and long-term liabilities.
- Prepare analysis of short- and long-term liquidity requirements of the group and ensure future cash flow requirements are based on accurate projections. An Accounting Professional is expected to interrogate the source data and cannot utilise information received from internal sources / departments without verification.
- Ensure that sufficient funds are available to meet ongoing operational and capital investment Requirements.
- Maintain a system of policies and procedures to ensure adequate level of control over treasury activities.
- Assist with the preparation of memo’s/detail accounting analysis for all corporate transactions setting out the accounting principles to be applied.
Requirements:
- SAIPA membership or SAICA (newly qualified).
- 5 Years experience in Group Accounting.
Group Accountant (Fmcg) position available in Gauteng, Gauteng. This job position was posted by NEOC Group. The job has been posted as a char8000 ad on 2024-06-19 at 01:05:02 in the Finance Accounting category
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