General Ledger Accountant - Westville at RCL Foods

Job Description    

• RCL FOODS is currently recruiting for a General Ledger Accountant to join the Finance Team based in Westville. The role reports to the Financial Manager. The successful incumbent will be entrusted to maintain General Ledger (RCL FOODS Consumer & other Group Companies) and supervise the functions performed by the General Ledger Clerk. The successful incumbent must be equipped with strong SAP experience and problem-solving abilities.

Minimum Requirements    

• BCom Degree + SAICA Articles CA (SA) with 2-3 years post article experience

Duties & Responsibilities    

Maintenance of General Ledger

• Preparation of GL reconciliations monthly which entail backup schedules in support of all Balance Sheet Accounts
• Following up on queries/reconciling items ensuring that no significant items remain on the reconciliations when closing General Ledger.
• Prepare a month-end timetable and complete year-end schedules as required in support of GL accounts.
• Reconciliation of Inter-branch / Inter-company accounts and following up on queries/reconciling items.
• Perform manual clearing on SAP open item accounts, e.g. bank accounts, ensuring open items are reviewed and cleared timeously.
• Reconcile consignment sales Cube to SAP and variance analysis. Update exchange rates in SAP (when applicable).
• Perform foreign currency revaluation and updating of exchange rates in SAP (when applicable).
• Ensure tax schedules are prepared accurately and timeously as per month-end timetable and submitted for review to Financial Accountant and Financial Accounting Manager. Assist with tax queries from the Group Tax team

Journals

• Checking journal and accrual entries prepared by the GL Clerk
• Capture own journal and accrual entries when required, including routine monthly transactions, corrections, and provisions, ensuring correct account allocations.
• Ensure own journal and accrual entries are manually authorized by a Financial manager, prior to posting.

Cash Book

• Oversee the monthly close-off of the Cash Book.
• Review the bank sub-accounts prior to the month-end close, to ensure all postings have been done and that clearing has been performed.
• Review monthly bank reconciliation and investigate reconciling items.

VAT Returns

• Ensure VAT recons are done timeously prior to completing the VAT return. Ensure timeous and accurate consolidation of Consumer VAT returns across business units
• Assist with SAR’s queries on VAT return submissions

General

• Assist commercial teams with GL analyses where required and sign for manual EFT and cheque payments
• Perform “value-add” responsibilities as agreed between Financial Accountant and Financial Accounting Manager
• National liaison for Internal and External Audit
• Compile ad hoc spreadsheets and analysis when required.

Information and Data management

• Ensure team members accurately and regularly capture data onto SAP to enable access to reliable data and reporting for trend analysis and decision making. File and safeguard records within the area of responsibility.
• Share relevant data with management teams to enable reliable business decision-making.

Teamwork and Self-Management

• Take ownership and accountability for tasks and activities and demonstrate effective self-management in terms of planning and prioritizing, and self-development.
• Ensure that quality and productivity standards of work are consistently and accurately maintained.
• Inform relevant parties of tasks or deadlines not met, potential risks, and provide appropriate resolution.
• Support and drive the business core values.
• Manage colleague's and client’s expectations and communicate appropriately.
• Demonstrate a willingness to help others and “go the extra mile” to meet team targets and objectives.
• Champion training and development of self and others through utilizing available training opportunities.
• Drive regular performance appraisals and ensure the standard requirements of performance are met.

Staff Management

• Lead and develop staff within the context of the Labour Relations Act, Employment Equity Act, Basic Conditions of Employment Act, and the Skills Development Act.
• Monitor staff performance and provide regular feedback. Coach and support staff where necessary.
• Manage staff activities, ensuring service levels are met and protocols are adhered to.
• Manage staff leave and general time management issues in line with organizational deliverables and standards.
• Manage and deliver on succession plans to enable the development of a future generation of leaders.
• Establish sound staff and labor organizing and communication structures and systems.
• Conduct regular meetings and ensure that records are kept and shared across the team and that action plans agreed to within team meetings are delivered upon.

Closing Date    
2023/08/04