Durban: EE Accountant posted by Sharon Nurock Recruitment cc

• B.Com / Diploma in Financial Accounting.
• Minimum 2 years experience in a financial/accounting role.

Key Performance Areas:

• 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.
  • Maintain and update accounting system (ERP: BPCS).
• Financial Control:
  • Protect company assets (working capital & fixed assets).
  • Promote good Corporate Governance.
• General Ledger:
  • Prepare Provisions and Accruals.
  • Compile Royalties schedule for month end processing.
  • Prepare general ledger journals.
  • Compile general ledger reconciliations.
• Capex, Tooling & Fixed Assets:
  • Prepare and maintain a Capex and Tooling register tracking actual spend against approved spend, planning future profitability & cash flows of the projects.
  • Prepare Capex requisitions with all relevant information regarding the Capex project.
  • Maintain the BU/Plants Tooling Reports.
• Audits and Year-End Processes:
  • Prepare and plan year-end Statutory Audit (external and internal).
  • Prepare and arrange royalty audits.
• Costing:
  • Calculate landed cost on all import shipments.
  • Prepare / review DA 190 (Declaration of Imported Components and Raw Materials).
  • Investigate Purchase Price Variances.
  • Generate variance report of Actuals to budgeted information.
• Cash Management:
  • Oversee cash management function of the plants.
  • Monitor daily cash positions and cash flows to ensure settlement and maximise performance.
  • Manage cash flow and working capital for the plants.
• Budget / Forecast:
  • Prepare operational budget and load budget on the system.
  • Prepare 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.
  • Consolidate and compile the BU Capex reports.
  • Compile weekly sales reports.
  • Compile balance sheet account reconciliation.
  • Investigate and action balance sheet account variances.
  • Prepare and post journal entries.
• Audits and Financial Period – End Processes:
  • 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.
• Cost Accounting:
  • Prepare and review details product costing analysis.
  • Calculate and propose potential price increases.
  • Review GP percentage of individual BOM’s.
  • Participate in continuous improvement initiatives.
• Creditors, Banking & Cash Management:
  • Verify weekly transfer (creditor and wages).
  • Review and authorise creditors reconciliations, exception reports and payment.
  • Approve payment on the banking system.
  • Manage/oversee the Creditors department.
  • Review cashbook and related cash forecasts to ensure accuracy.
• Debtors:
  • Maintain and update the tooling account and reconciliation.
  • Review and analyse the debtors age analysis, ensuring timely payments from customer.
• Capex & Fixed Assets:
  • Calculate ROI on proposed Capex.
  • Complete Capex/disposal/transfer applications.
  • Monitor and report Capex monthly spend vs budget.
  • Maintain and update the fixed assets register.
  • Manage the Capex and Fixed Asset process (start to end).
• Statutory Returns:
  • Prepare business tax returns (VAT, UIF, PAYE, WCA).
  • Comply with value-added tax administration.
  • Review statistics returns.