This position will provide a financial accounting and administration service to Snacks factory in Rosslyn and report to the Factory Financial Manager.
Duties and responsibilities:
Financial Controls
- Manage and monitor company accounting procedures and policies, and internal controls, according to internal standards.
- Implement and communicate Corporate Governance charter / sound accounting practices to management on site.
- Consolidate budgets, plans and forecasts for site with adherence to strict deadlines.
- Manage expenditure in relation to approved budgets.
- Analyse and report to local management and head office all operational variances from budget on expenditure items.
- Monthly maintenance of general ledger, and authorise timeous adjustments wherever necessary.
- Address any queries with accounts payable on request.
- Ensure month end procedures are adhered to according to predetermined deadlines.
- Working capital management and reporting.
- Review of IT authorisation / access controls and release strategies.
- Assist with completion of annual insurance declaration.
Financial Reporting
- Prepare monthly management accounts required by management.
- Report on Income Statement variances and provide necessary commentary.
- Review General Ledger transactions and report on budget vs. actual.
- Report on irregular variances that have been investigated.
- Report on site performance measurements.
- Ad hoc project work.
Asset Management
- Prepare, submit and track Capex workflows for the acquisition, transfer or disposal of fixed assets.
- Conduct regular audits on fixed assets to ensure accuracy of fixed assets register.
Capital Expenditure
- Assist with compilation of the annual Capital Budget.
- Oversee the authorisation and financial aspects of the acquisition of fixed assets.
- Account for any over expenditure on acquisitions.
- Process workflows for the updating of fixed assets register.
- Preparation, assistance and review of EVA (Economic Value Added) Capital Expenditure Proposals.
- Post Capex Evaluations.
Audits
- Handle internal & external audits.Generate ABC models on SAP for budgets & forecasts.
- Generate ABC models on SAP for budgets & forecasts.