Keep up to date with prevailing International Financial Reporting Standards (IFRS), Tax legislation and Companies Act and interpret regulatory requirements for implementation in the Organisation
Verify alignment of local policies and procedures with the Organisations policies.
Establish and/or review policies and procedures related to financial reporting and regulatory compliance for approval by CFO.
Financial Reporting & Accounting
Ensure that all transactions comply with the Organisation and local policies and procedures.
Liaise with group Shared Service Centre (SSC), tax consultants, internal and external auditors & company secretarial.
Coordinate and manage activities of various stakeholders towards internal, group and external reporting.
Partner with Group Financial Planning & Analysis (FP&A) team to ensure that all transactions are correctly recorded and timeously.
Ensure all balance sheet accounts are reconciled in accordance with policy, provide a report to management of unreconciled items and follow up actions.
Consolidate the business’ Monthly Review Meeting (MRM) reports and other reports such as but not limited to Significant Events Reporting, Consol DB, Executive Summary in line with various stakeholder requirements timeously.
Prepare financial statements.
Monitor and ensure all organisation reporting requirements are met.
Ensure statutory reporting compliance for all organisation businesses in South Africa, on a timely basis.
Stay up to date with technological advances and accounting software to be used for financial purposes
Seek and implement process improvement opportunities, leverage knowledge and expertise of Organisation Shared Services.
Monitor daily transaction processing to ensure all information contained within the finance system is up to date.
Stakeholder Management
Provide expert leadership in execution of accounting and financial reporting activities within Organisation.
Build and maintain relationships with stakeholders involved in processes related to reporting, accounting, external auditing, company secretarial and tax filing.
Collaborate with relevant stakeholders in planning, implementation and completion of key activities.
People Management
Fill vacant positions with employees who meet knowledge and skills requirements for positions.
Train and/or schedule training of employees in order to ensure that they are competent for role execution.
Manage the performance and discipline of team members, in a way that ensures productivity Ensure compliance with prevailing policies and procedures.
QUALIFYING ATTRIBUTES
Qualification
BCom Honours Degree in Financial Accounting
Experience
3 years post Article experience in a manufacturing environment
Working experience with SAP is an added advantage
Knowledge
Sound knowledge of IFRS and South African Tax regulations
Understanding of business principles and practices
Skills
Proficiency in SAP and Microsoft Office
Reporting
Business acumen
Analytical, critical thinking and problem-solving skills
Persuasion and influencing (others who are not direct reports)