Financial Reporting Manager at AVI Limited

An exciting opportunity exists for a Financial Reporting Manager at Shared Services Division in Bryanston, Johannesburg.  The purpose of the role is to ensure high standards of financial accounting and reporting across National Brands Limited (“the Group”), including preparation of the Annual Financial Statements, Monthly, Interim & Year Packs comprising Income Statements, Balance Sheets, Cashflow Statements and Notes.

This will also include performing consolidations and working with a complex structure of local and Sub-Saharan African legal entities in a dynamic environment. Ensuring that the corporate entities are effectively administered and must ensure applicable compliance with IFRS (International Financial Reporting Standards) and applicable legislation.

Line Manager: Senior Financial Manager

Number of Direct Reports: 0

Job Specification:

Key Performance Areas:

Reporting

• Prepare monthly packs & reports, quarterly forecasts, annual budgets, interim and year end packs and annual financial statements for the Group and subsidiaries.
• Preparing proofs of all balance sheet balances, cash flow statement balances and the consolidation spreadsheet entries when the monthly, interim and year end packs are prepared.
• Adherence to AVI monthly reporting requirements ensuring that monthly deadlines, from both a business unit and an AVI perspective, are met and that the desired level of accuracy is achieved.
• Performing debtors provisions, unrealized profit, FEC revaluation, IFRS 16 lease journals and borrowing costs capitalised calculations.
• IFRS 16 lease management
• Comply with financial accounting standards across the Group.
• Liaise with internal and external auditors regarding all internal control matters, as well as the year-end audit.
• Be able to review and release payments on an electronic banking system (Standard Bank CATS).
• Addressing ad hoc queries from business units, AVI Head Office and other parties.
• Timeous completion of ad hoc financial and operational projects.
• STATS SA and SARB reporting requirements
• Co-ordination and consolidation of the Top 20 debtors reports
• Perform dividend assessments for group and subsidiaries

Implement and maintain accounting systems on SAP and Essbase

• Implement and maintain accounting systems on SAP and Essbase that are effective, reliable and efficient to support such monthly reporting.
• Maintain of the Group’s Hyperion (ESSbase) roll-out

Minimum Requirements:

Experience:                                                                   

• CA (SA) with Big 4 articles
• Completed SAICA Articles at an Audit firm and some financial accounting experience

 Qualifications:

• CA (SA)

 Additional Requirements:

• SAP
• Hyperion (Essbase)
• Advanced Excel
• Knowledge of Corporate tax (Income Tax, VAT, PAYE)
• Strong knowledge of Financial Accounting Standards i.e IFRS and Companies Act
• GL Wand

 Competencies:

• Recoverning from setbacks
• Embracing change
• Working together
• Taking Initiative
• Persisting
• Building Relationships
• Challenging Views
• Staying Composed