Job Description

Closing Date 2025/02/14
Reference Number FDM250206-1
Job Title Group Financial Accountant
Job Type Permanent
Business Unit Feedem Group
Division Head Office
Department Finance
Job Grade Middle Management
Number of Positions 1
Location - Town / City Alberton
Location - Province Gauteng
Location - Country South Africa
Minimum Education Level Honours Degree | Postgraduate Diploma
Job Category Finance
Job Advert SummaryThe Feedem Group seeks to appoint a Group Financial Accountant to perform daily accounting tasks that will support our financial team, which includes managing the financial reporting and consolidation process across multiple entities, oversee tasks like month end closing, preparing consolidated financial statements .Established in 1975, Feedem is a large contract catering company in South Africa which manages in excess of 300 sites and employs more than 5 000 people ranging from dieticians, chefs and human capital specialists to hygiene experts.We provide a wide range of catering and associated services to clients in all industries. We customise our catering and services according to their needs. Our services are offered with confidence as everything we do is underpinned by an ethical code and full compliance with all the relevant industry standards and regulations.We have a country-wide footprint with our head office in Johannesburg, and regional offices in Cape Town, Durban, George, Worcester, Port Elizabeth, Rustenburg, Kimberley and Bloemfontein.
Minimum Requirements

• B Com Honours and SAIPA registered or CA(SA) and SAICA registered
• Completed Articles at accredited institutions
• More than 3 years managerial experience
• At least 3 years experience post articles and preferably in the service industry
• Strong analytical skills with the ability to collect, organise, analyse and disseminate significant amounts of information with attention to detail and accuracy
• Excellent skill in queries, report writing and presenting findings
• Accounting and auditing Experience
• Extensive IFRS/Financial Accounting knowledge
• Excellent Leadership/Soft skills
• Excellent project planning and coordination skills

• Integrative thinking - explores multiple approaches to generate creative solutions
• Advanced Financial Acumen
• Strong Technical Skills
• Performance and Deadline Driven
• Customer Focused
• Planning & Organising - Future-forward thinking, effectively time management, identifies priorities and risks to deliver quality output on time
• Promotes Collaboration and Stakeholder engagement
• Leads team to implement and manage change

• Overseeing the cashbook clerks in their daily tasks and functions including follow-up, relevant task delegation and leave management
• Annual performance appraisal reviews of clerical staff including development plans
• Monthly review and signoff of cashbook reconciliations
• Managing the payment process with strict adherence to the controls in place with a critical review of all payments for validity, accuracy and authorisation before escalating payments for approval
• Managing the process of processing and reconciliation of monthly 3rd party payments received from payroll
• Managing the process of updating and reporting on the daily forecasted and actual cash outflows required (including recommendations for investing and/or future required withdrawals on call accounts) and distribution thereof to appropriate parties
• Overseeing the creditors clerks in their daily tasks and functions including follow-up, relevant task delegation and leave management
• Annual performance appraisal reviews of clerical staff including development plans
• Monthly review of a sample of creditor reconciliations ensuring that each supplier has at least three detailed review and signoffs in a financial year.
• Critical review and management of the unprocessed invoices and credit notes, including setting up discussion meetings with procurement, creditors department and the divisional accountants on resolving the unprocessed items and following up on the action points as agreed upon.
• Critical review of the other reconciling items generated by the creditors reconciliations including management of the process to resolve these items with the assistance of the Procurement department monthly.
• Innovating recommendations for the improvement of controls or processes (ERP/Payroll systems or manual processes) in the finance department or affecting any financial aspect of the business
• Insuring interdepartmental cohesiveness and efficiency
• Monthly review and summary preparation of the balance sheet accounts and recons performed by divisional accountants
• Preparation and reporting on the monthly balance sheet recons for corporate division
• Maintain the asset registers for corporate division. (Including asset capitalisation and disposal proposals)
• Enquire, review and follow-up on the status of the groups asset processing, including capitalisations, disposals, and depreciation
• Ensuring that the year-end procedures are completed and that a smooth audit is achieved for all the companies
• Providing support to the Operations Teams as and when needed
• Performing data analytics on various processes for efficiency and fraud control
• Writing of reports and data mining
• Assessing and implementation of Reports in all the various departments as well as in the operational structure/Locate and define new process improvement opportunities
• Performing of Internal Audits as and when instructed to do so
• Coming up with initiatives to identify and implement more effective systems
• Bringing technical experience to the team
• Ensure the quality and accuracy of data
• Process, design and present data in such a way that it is meaningful to the business and the users.
• Monitor performance of the various departments
• Work with management to prioritise business and information needs

Feedem Group