Financial Accountant

Recruiter:

HR Genie

Job Ref:

CS Fin Acct

Date posted:

Wednesday, September 7, 2022

Location:

Tongaat, South Africa

Salary:

Market related

SUMMARY:
Assist with enforcing and monitoring compliance with company-wide policies and procedures.

JOB DESCRIPTION:

Financial & Other reporting requirements
- Key role player to the month-end close process, including reviewing inputs prepared by the Assistant Accountant to ensure correct cost allocation, accurate and timely preparation of monthly management accounts and other financial reporting schedules and analyses.
- Review the following on a monthly basis to ensure the accuracy & completeness thereof:
  - general ledger reconciliations including fixed assets.
  - module reconciliations.
- Update the monthly cost report and analyse variances from the budget and latest forecast. Coordinate monthly cost review meetings to discuss variances with the various cost centre owners.
- Responsible for the preparation of the financial information required for the periodic forecast and annual budget, in line with the THL guidelines.

Preparation of the interim and year-end financial reporting packs (including the tax computation) ensuring compliance with accounting policies, IFRS and applicable legislation.

Financial & Other reporting requirements (continued)
- Liaise with external auditors.
- Prepare weekly cash flow projections to ensure effective cash flow management.
- Prepare the year-end tax pack required for completion of the Tongaat Hulett Limited tax return.
- Timely preparation and submission of the Annual Insurance Declaration.
- Review of the Statistics SA and Reserve Bank returns prior to submission thereof
- Prepare the annual financial statements for The Tongaat Group Limited (dormant entity) in accordance with IFRS.

Internal controls and system enhancements
- Implement and maintain standards and systems of internal control.
- On a monthly basis, review SAP exception reports.
- Liaise with internal auditors and ensure implementation of effective controls following audit findings and recommendations of the auditors, where applicable.
Management, Leadership, Team and Personal Development

Coach and develop the direct report team to ensure that they have the appropriate skills and knowledge to perform their responsibilities.
Commit to personal development and training for individual and team needs, ensuring development plans and annual KPA reviews are in place for each individual.
Work in a team spirit to further drive the functions and business needs.

General
- To comprehend, comply with, implement and take your responsible part in all security policies, procedures, manuals, applicable to Head Office.
- Prepare the monthly management accounts of new foreign operations.
- The role is broad and varied and ad hoc work may be required.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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