A vacancy exists at Nashua (Pty) Limited for a Financial Accountant based in Woodmead, reporting to the Group Financial Manager. This is a Fixed Term Contract for 5 months.

 

PURPOSE OF POSITION

To manage all foreign exchange transactions and foreign creditors while managing a team of Creditors clerks who prepare and submit all monthly financial reports as required by Reunert. Prepare internal cost centre reports for review by departmental executives and to ensure that all accounting entries are appropriate for Nashua (Pty) Ltd in terms of IFRS.

 

QUALIFICATIONS, EXPERIENCE AND SKILLS REQUIRED CA (SA) 3 Years Post Articles Experience COMPETENCIES Supporting and Co-operating Coping with pressures and set backs Writing and Reporting Adapting and responding to change Following Instructions and Procedures Analyzing

 

DUTIES AND RESPONSIBILITIES

Foreign Exchange Transactions

Process all import documentation relating to foreign exchange. Process all foreign exchange transactions relating to forward cover. Manage any other adhoc sundry foreign exchange matters. Prepare Creditor Recon for Foreign Creditors.

Reporting

Complete and upload actual monthly results into Reunert’s Onestream reporting tool. Review the annual audit pack. Prepare internal cost centre reports for review by departmental executives. Complete required statutory reporting as required -STATS SA and SARB as requested by the entities.

General Ledger Reconciliations

Complete assigned balance sheet recons monthly. Review general ledger reconciliations to ensure that these are prepared correctly, and reconciling items are resolved timeously.

Annual Audit

Completion and submission of the annual audit pack. Respond to queries from internal and external Auditors.

SAGEX3

Allocate GL accounts correctly on the Income Statement and Balance Sheet. Prepare journals on the system and include supporting documentation. Conduct regular checks on the system to ensure invoices are allocated to the correct GL accounts.

Forecasting Cash Flows

Compile and complete the cash flow forecast and ensure accuracy in cash to be receipted/collected. Review Cash forecasts received from Franchises and ensure that forecasts are compiled in accordance with Reunert guidelines. Consolidate Nashua OA group monthly cash flow forecast

Working Capital Management

Review upcoming payments and ensure there are sufficient funds to cover said payments. Liaise with Reunert with regards to requests for fund transfer based on the working capital requirements.

Budgets and Forecast

Collaborate with Group Financial Manager to compile monthly forecast for the Balance Sheet and Income Statement. Upload forecast results on OneStream and ensure all schedules are completed monthly. Prepare an overview of monthly costs against forecast/budget figures and share with the relevant departmental heads.

Creditors Management

Manage the Accounts Payable process and ensure that supplier invoices are processed accurately and timeously. Ensure that invoices approved are done so in accordance with company policy Manage the Creditors team and ensure timeous payment of supplier invoices and resolution of queries. Liaise with relevant departments to ensure timeous resolution of queries.

Enablement Project

Report on all project related transactions. Implement controls measures for the project to ensure all costs and revenues are accounted for    correctly. Ensure that queries relating to the project are resolved timeously.

Accounting

Ensure that all accounting entries are compliant with IFRS. Identify new accounting standards, analyze the impact, and ensure these are implemented effectively. Review classification of expenses and reallocate where required. Other Assignments

To perform any assignments if and when requested to do so by the Group Financial Manager

Should you not hear from us 2 weeks after the closure date, please take it that your application has not been successful.