Interest and knowledge of ERP systems and well versed with the quote-to-cash cycle in a manufacturing engineering environment.
Duties and Responsibilities General and financial accounting
Maintaining fixed asset register
Complete month-end and year-end close process including accuracy and completeness, including:
Balance sheet reconciliations
Preparation and posting of all journals required
Internal and intercompany costing allocations
Debtor and Creditor management with necessary accruals, including bank reconciliation
Preparation and completion of all SARS returns.
Ensure that all work is complete, accurate and valid and that all deadlines are met e.g., fiscal month end, cut off, payments, account reconciliation, reporting and operational issues.
Ensure that business controls are designed and followed in accordance with internal requirements.
Coordinate and direct the preparation of the annual and mid-year budget, financial forecasts and report variances.
Prepare and publish timely monthly financial statements Variance analysis.
Manage and comply with local, state, and federal government reporting requirements.
Ensure quality control over financial transactions and financial reporting.
Develop and document business processes and accounting policies to maintain and strengthen internal controls.
Accounts receivable Manage Debtors' Clerk And With Their Assistance
Monitor debtors and escalate as appropriate.
Management of client queries.
Credit vetting of new customers.
Ensure billing and operational systems are aligned.
Confirmation of WIP invoicing with Operational Division(s) as input into cashflow forecasting.
Accounts Payable Manage Creditors' Clerk And With Their Assistance
Review monthly creditors recons and payments processing.
Prepare for sign-off new supplier/credit applications.
Expense claim & Credit card management.
Conduct annual supplier spend management and provide input into optimisation.
Inventory Manage Internal Sales Team And With Their Assistance
Procurement management of local and imported products and services.
Quoting management (financial accuracy).
Stock controls together with investigations of stock losses and gains.
Review open items reports and slow-moving stock items to ascertain impact on working capital
Oversee the stocktaking process and associated reconciliations.
Payroll/HR With the Assistance Of The HR Team & Payroll Team
Post the monthly payroll journals and statutory deductions and ensure compliance on submissions and payments.
Review of payroll summaries in comparison to input sheets.
VAT/Provisional and Income tax calculations/submissions.
Preparation and filing of EMP201 returns.
Reporting
Preparation of Management Accounts with commentary.
Present results to management on monthly basis.
Cash flow management.
Preparation of input sheets for AFS drafters and review of AFS.
Prepare for and manage the year-end audit.
Cost accounting
Cost analysis: Per product, labour rate and per divisional analysis.
Pricing and gross/nett profit margin analysis.
Review of revenue, cost of sales and resulting gross profit per division.
Budgetary controls, including:
Capital expenditure
Operational costs
Direct, variable & fixed costs
Analysis and explanation of management accounts to budgets and forecasts with profit estimates(revenue and costs).
Liaising with divisional managers, including assisting with information and gathering information required from divisions to fulfil Finance requirements.
Ensure accurate financial reporting on the sales cycle and supporting Internal Sales & Operational divisions against budget, including margin analyses.