Job Description
The Financial Accountant position reviews the financial transactions, performs reconciliations versus both internal and external documents and creates financial reports from that information to management.The financial accountant is also responsible for monthly submissions and cashflow forecasts. Remote work is optional. Traveling required once a week to farms.
Key Performance Outputs:
Accurate and Timeous Reporting & Budget Control.
Full commentary provided on management report with trends and ratios to the Finance Manager by the 13th of the month for previous month.
Ensure that monthly reports are signed off by Finance Manager and available for inspection during audit.
Uploading of all the financial information is prepared throughout the year and ready for the external auditors and assist with queries as per Finance Manager.
Drafting of dashboard reporting on results and drafting of cash flow analysis as per Treasury requirements.
Drafting the monthly reconciliations of balance sheet accounts according to SOP.
Reconciling of intercompany balancesand submission of reconciliations to Finance Manager for sign off.Ensuring flagged as intercompany accounts.
Attending and verifying stock counts for the company with the stock controller.Comparing the stock count to internal ERP System validating differences and signing off for finance officer to process corrections.
Reconciling all external loan agreements to statements from 3rd party. (E.g. instalment sale agreements, funding loans accruing interest).
Drafting of the management accounts in accordance to group requirements and adding appropriate detailed commentary to the accounts.
Discussing the management accounts with the Estate Manager on a weekly basis to highlight variances to budget andkeeping them informed on the current status.
Preparing the information required in the yearly external audit and uploading to the shared drive.
Representing the company in the external audit with support from the Finance Manager.
Prepare corrective journals where required with supporting document to be approve by the Finance Manager.
Preparing of returns including EMP201 & VAT201 with supporting documentation for submission and sign off by Finance Manager before submission. Handling SARS audits resulting from VAT refunds with the assistance of the Finance Manager is needed.
Preparation of annual budgets with Estate/Farm Managers.
Preparing project budgets vs actual costs and revenues and investigate differences
Ensure that finance records are kept as percompany standards.
Providing the FAR to the Finance Manager on monthly basis to ensure that insurance policy is still adequate, specifically highlighting new additions.
Completion of month end procedure as per company policy.
Prepare the EMP501 reconciliation for midyear and final year submission to SARS.
Ensuring that transactions with foreign currencyare handled appropriately and are accounted for as per company policy.
Revaluation of foreign balances (GL, AP & AR) when needed.
Supporting the business function with queries and requests ensuring that these are within the company’s policies and procedures as well as regulatory rules.
Prudently manages the organisations’ resources within budget guidelines according to current laws and regulations.
Receive guidance and applying the appropriate accounting procedures in compliance with IFRS are followed.
Preparing cash flow analysis and reviewing this on weekly basis for submission to Treasury.
Accurate and timeous reporting as per company policy.
Attending meetings with business/operations to understand the requirements within the business model.
Attending weekly and monthly finance meetings.
Follow the company policy and procedures with regards to performance management and disciplinary code.
Ensure regular site visits to the farms.
Requirements
National Diploma in Finance / B Com Accounting
Netsuite / ERP knowledge an advantage
Minimum 4-5 years of work experience in senior/managerial accounting positions.
Requirements
National Diploma in Finance / B Com Accounting Netsuite / ERP knowledge an advantage Minimum 4-5 years of work experience in senior/managerial accounting positions.
