JOB SUMMARY
MAIN PURPOSE
Responsible for comprehensive monthly and yearly close, balance sheet reconciliations, maintenance of general ledger, processing general journal entries; ensures accuracy and completeness of accounting classifications, recognition and measurement aligned to IFRS.
Statutory Financial Reporting requirements for Inventory and Debtors in compliance with IFRS.
Assist FM with quarterly commentary on all material balance sheet variances for group reporting.
Responsible for completing and implementing process improvements in weekly cash forecast for AR achieving a 90% forecast accuracy.
Ensure the accuracy of the inventory line items, correct processing of stock adjustments efficiently resolving any inaccuracies reported in the general ledger within 3 months.
Assists in providing technical accounting support to the finance team.
Ensures that company internal control policies and procedures are being adhered to, drives process improvements throughout the company, implement Highest Priorities and Key Control changes as required by Internal Audit Report.
Liaise with external auditors, assist FM in preparation of audit requirements, participate in annual audit stock count.
Implementation of external audit recommendations.
Coordinate the implementation of the new ERM system (JDE).
Coordinate the implementation of the new Business Intelligence systems that will support the new ERM system.
Test new Information System together with implementation team after implementation to ensure it meets the specification and requirements as agreed upon during the design phase.
Assist in adhoc project management as and when required by the FM.
Manage the preparation and submission of monthly VAT Returns.
Manage the preparation and filing of Annual Income Tax Returns.
Manage the preparation and filing of Provisional Tax (June and December).
Prepare and finalise Annual Financial Statements.
MAIN RESPONSIBILITIES / TASKS
KEY PERFORMANCE INDICATORS
General ledger integrity, IFRS aligned, Methodologies, balances and variances appropriately explained.
Successful implementation and adherence to internal controls and external audit and IT recommendations.
Accuracy and completeness of cash forecast.
Inventory monitoring ensuring all discrepancies resolved.
MAIN DIMENSIONS
Objectives are joint with the wider team.
Internal support to various functions.
Responsibilities will be both regular and some will be more project based or ad hoc.
EXPERIENCE
Minimum 3 years prior work-related experience within finance department.
FMCG background advantageous.
Excellent accounting and project management skills.
Excellent people management skills.
Preparation and filing of Tax Returns and Annual Financial Statements.
EDUCATION
Grade 12.
Bachelor's Degree in Accounting or similar.
Computer Literacy - Experience in Microsoft Office (MS Word, Excel Advanced a must, Outlook and PowerPoint); JD Edwards is an advantage.
Good interpersonal and communication skills.
BIC is an Equal Opportunity Employer. We strongly commit to hiring people with different backgrounds and experiences to help us build better products, make better decisions, and better serve our customers. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, veteran status, disability status, or similar characteristics. All employment is decided based on qualifications, merit, and business need.
BIC is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, all resumes submitted by search firms to any team member at BIC via email, or directly to a BIC team member in any form without a valid written search agreement in place for that position will be deemed the sole property of BIC, and no fee will be paid in the event the candidate is hired by BIC as a result of the referral or through other means.
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