START DATE IMMEDIATELY
1.PURPOSE OF JOB
1.1.To provide professional assistance to Financial Controller in the areas of finance, accounting and tax, at the manufacturing plant at Germiston. To assist Financial Controller in all financial procedures connected with “Company” including account reconciliation, planning, reporting of budget variances, cost control and cost analysis programs.
PRINCIPAL RESOURCES CONTROLLED
Reports – VAT and Tax Returns, Cost Reports and Operating Cost Forecasts
Systems – SAP, MS Excel, MS Word and SARS eFiling
People – N/A
Processes – VAT, Tax and Cost Control
PRINCIPAL ACCOUNTABILITIES / DUTIES
Financial reports & duties
Processing of account entries to facilitate month end reporting
Balance margin report to general ledger
Complete monthly expense summary and forecast for month end reporting
Preparation and circulation of group exchange rate schedule.
Preparation of standard & provisional journal schedules and the Provisional Tax journal.
Preparation and submission of VAT return schedules.
Preparation and submission of Income tax and Provisional tax return schedules.
Preparation and submission of EMP 201 return schedules.
Year-end tax return and schedules regarding the Profit & Loss, Fixed Asset and Balance sheet schedules
Preparation and updating of expats schedules.
Perform valuation of foreign creditors and debtors.
Review Creditor’s reconciliations and ensure action is taken on long outstanding items.
Complete daily cash report
Prepare annual financial statements per audit requirements
Review GL entries for reasonableness and correct issues.
Initiate recharges to other business units.
Preparation and completion of account reconciliations.
Clear long outstanding items on account reconciliations
Be able to facilitate expense meetings with departmental managers
Produce monthly expense variance reports with details of costs exceeding budget
Meet with departmental managers on a monthly basis to discuss cost variances to budget
Draw up an action plan with departmental managers where cost saving opportunities arise and follow up on progress
Produce ad-hoc reports as required
Be able to replace temporarily another member in the finance team when the need arises
Promptly deal with request for financial information from other departments.
Opening new period on SAP and closing old period.
PLANNING, ORGANISING AND CONTROLLING
Integration of functions/activities – Manage daily output within defined parameters of functional area
Planning – Cost review and SARS audits
Organising – SARS audits and Cost review meetings
Coordination – N/A
Directing – N/A
Executing – Expense reviews
Controlling – N/A
Area of responsibility – N/A
Homogeneous Driven – Internal interaction of operations which are relatively homogeneous in nature and objective and which involve external co-ordination with associated functions
CONTACT WITH OTHERS
Communication with others – Auditors and SARS
Communication across functions – HOD for all departments + delegated staff where necessary
Change behaviors of others- N/A
Subordinates & Management – Senior management + Finance team
Important – Interaction with other demands understanding, providing support and/or influencing. Empathy and assertiveness are necessary but persuasion and reasoning are based on technical knowledge
KNOWLEDGE, SKILL AND EXPERIENCE REQUIRED
Qualification – BComm (Acc) qualification
Experience – Minimum of two years accounting experience
Technical Knowledge – Extensive knowledge of accounting systems – preferably SAP
Specialisation – Sophisticated Excel and MS Word skills
Supervision – N/A
Management - N/A
Problem solving is the “self-starting” thinking required by the job for analyzing, evaluation, creating, and reasoning arriving at and drawing conclusions. Problem solving measures the intensity of the mental process which employs know-how to (1) Identify, (2) Define and (3) Solve Problem
Extensive thinking – objective, innovate, come up with new ideas, path finding situations requiring creative thinking and development of new concepts and approaches to contributing significantly to the advancement of knowledge and thought
People – N/A
Processes/Technical – Make decisions pertaining to accounting procedures / principles to meet rigorous audit standards and legal requirements
Escalation Authority / Process – Report to Financial Controller
Quality - Prepare and review audit files to meet audit requirements and standards and monthly review of creditors reconciliations
CORE COMPETENCIES (From TS)
Managing work – Effectively managing one’s time and resources that work is completed efficiently
Persuasiveness – Using appropriate interpersonal styles and communication methods to gain acceptance of a product, service or idea from prospects and clients
Technical/Professional Knowledge and Skills – Having achieved a satisfactory level of technical and professional skill or knowledge in position-related areas, keeping up with current developments and trends in areas of expertise
Continuous Learning – Actively identifying areas for learning, regularly creating and taking advantage of learning opportunities, using newly gained knowledge and skill on the job and learning their application
Quality Orientation – Accomplishing tasks by considering all area involved, no matter how small, showing concern for all aspects of the job, accurately checking processes and tasks, being watchful over a period of time
POSITION REQUIREMENTS & WORKING ENVIRONMENT
Requirements may change at any given time at the discretion of the area manager or superior.