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Position:       Financial Accountant

Job No:          202493

Location:      Randfontein

Salary:           R 700 000 - R 900 000 P/a dependent upon experience

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JOB PURPOSE:


To prepare financial statements and reports to inform insightful decision making, including compiling tax filings and being the point of contact for external auditors and consultants towards regulatory compliance

 

KEY RESPONSIBILITIES:
Policies and Procedures Compilation and Review

  • Keep up to date with prevailing International Financial Reporting Standards (IFRS), Tax legislation and Companies Act and interpret regulatory requirements for implementation in Wilmar South Africa

  • Verify alignment of local policies and procedures with Wilmar Group policies.

  • Establish and/or review policies and procedures related to financial reporting and regulatory compliance for approval by CFO.

 

Financial Reporting & Accounting

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  • Liaise with group Shared Service Centre (SSC), tax consultants, internal and external auditors & company secretarial.

  • Coordinate and manage activities of various stakeholders towards internal, group and external reporting.

  • Partner with Group Financial Planning & Analysis (FP&A) team to ensure that all transactions are correctly recorded and timeously.

  • Ensure all balance sheet accounts are reconciled in accordance with policy, provide a report to management of unreconciled items and follow up actions.

  • Ensure that all transactions comply with Wilmar Group and local policies and procedures.

  • Consolidate the business’ Monthly Review Meeting (MRM) reports and other reports such as but not limited to Significant Events Reporting, Consol DB, Executive Summary in line with various stakeholder requirements timeously.

  • Prepare financial statements.

  • Monitor and ensure all Wilmar reporting requirements are met.

  • Ensure statutory reporting compliance for all Wilmar businesses in South Africa, on a timely basis.

  • Stay up to date with technological advances and accounting software to be used for financial purposes

  • Seek and implement process improvement opportunities, leverage knowledge and expertise of Wilmar Shared Services.

  • Monitor daily transaction processing to ensure all information contained within the finance system is up to date. Stakeholder Management

  • Provide expert leadership in execution of accounting and financial reporting activities within Wilmar South Africa.

  • Build and maintain relationships with stakeholders involved in processes related to reporting, accounting, external auditing, company secretarial and tax filing.

  • Collaborate with relevant stakeholders in planning, implementation and completion of key activities. People Management

  • Fill vacant positions with employees who meet knowledge and skills requirements for positions.

  • Train and/or schedule training of employees in order to ensure that they are competent for role execution.

  • Manage the performance and discipline of team members, in a way that ensures productivity

  • Ensure compliance with prevailing policies and procedures.

 

QUALIFYING ATTRIBUTES:
Qualification

 

  • BCom Honours Degree in Financial Accounting

 

Experience

 

  • 3 years post Article experience in a manufacturing environment

  • Working experience with SAP is an added advantage

 

Knowledge

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  • Sound knowledge of IFRS and South African Tax regulations

  • Understanding of business principles and practices

 

Skills

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  • Proficiency in SAP and Microsoft Office

  • Reporting

  • Business acumen

  • Analytical, critical thinking and problem-solving skills

  • Persuasion and influencing (others who are not direct reports)

  • Written and verbal communication

  • Interpersonal skills

  • Collaboration and stakeholder management

  • Continuous improvement and change management

  • Leadership

 

Personality & Behavioral Attributes

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  • Attention to detail

  • Results orientated

  • Conscientious

  • Resilient

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