Job Description

Position summaryIndustry: Financial ServicesJob category: Financial AccountingLocation: Cape TownContract: PermanentEE position: NoIntroductionTo provide the business with accurate recording, processing, monitoring and reporting of all assets and liabilities within the function. To deliver the Central Accounting function ensuring all assets and liabilities are fairly stated and profit/loss amounts are accurately and timeously recorded.Job descriptionManual Accounting:xc2xb7 Deliver prepayments, accruals and other month end journals to ensure expenses and income are accurately and timeously recorded.xc2xb7 Maintain schedule of all finance leases and calculations to ensure that leases are accounted for in accordance with accounting standards.xc2xb7 Complete monthly manual billing calculations and assist in resolving issues.xc2xb7 Complete monthly reconciliations with reconciling differences clearly highlighted and timeously resolved.xc2xb7 Complete monthly Working Capital for Board Pack Review.xc2xb7 Complete settlement discount reallocation monthly.xc2xb7 Complete monthly inter-company reconciliations with reconciling differences clearly highlighted and timeously resolved.xc2xb7 Complete intercompany VAT calculation and billing monthly.Management Reportingxc2xb7 Deliver specific monthly management reporting for the Central Accounting department, including performance measures (KPI's), statistical and operational reports.xc2xb7 Ensure fully reconciled Balance Sheet accounts and ensure that all impairment provisions are made.xc2xb7 Ensure fully reconciled Balance Sheet account recon for intercompany accounts with all variances identified.xc2xb7 Maintain up-to-date knowledge of current accounting trends and ensure compliance with IFRS.xc2xb7 Continuously identify opportunities to improve and streamline finance processes, in particular focusing on minimising manual processes.xc2xb7 Understand internal financial controls and ensure operating effectively.xc2xb7 Maintain the finance policy manual and provide input into finance policies, principles and procedures.xc2xb7 Manage delivery of audit requirements and ensure all audit points are timeously resolved or commented on.xc2xb7 Monitor current systems and controls related to assets and capital expenditure to ensure compliance with procedures and to raise concerns regarding non-compliance.Minimum requirementsTechnical skills:xc2xb7 Accounting degree or Diploma (B.com or equivalent)xc2xb7 Financial Modelling Skillsxc2xb7 Sound understanding of accounting processes and control requirementsxc2xb7 3-4 years' experience in an accounting environmentxc2xb7 Ability to document and implement financial processes in a large organisationxc2xb7 Strong excel skills and the ability to work with large volume of data

Woolworths