Our client is looking for a Finance Controller who will oversee the general finance function with
emphasis on the management of accounts payable and receivable, the balance
sheet, general ledger, treasury, cash-flow management and fixed assets as well
as Group monthly reporting (Statutory), Balance Sheet HFM submission, Internal
controls and LSF.
Job Scope
1. Accounts Payable and Receivable
Creditors receive correct payments,
on time;
- Own supplier master data
- Supplier reconciliations are reviewed monthly
- Enforce DOA and authorisation matrix
- Creditors age analysis is reviewed weekly
- Weekly payments run
Ensure payments from customers are
received on time and accordance with customer payment terms;
- Customer account applications are reviewed
& required documents received
- Credit applications are reviewed in line with
authorisation matrix
- Ensure proper follow up of collections and
credit policies
- Customer receipts are properly allocated and
any discounts given are consistent with trading terms
- ERP master data forms for customers are
reviewed and accurate
- Debtors age analysis is being reviewed weekly
- Best-practice credit policy implemented and
maintained
- AR,DSO and relevant KPI tracking
- Verification of customer claims
- Issuance of customer statements, update and
reconciliation
2. Best-practice accounting
procedures followed
Compile Balance sheet accounts and
General Ledger;
- Monthly Balance sheet accounts are prepared,
reconciled & month end pack reviewed
(Debtors,Cashbook,vendors,Inventory,Accruals,Deposits,Prepayments,Share
Capital and Reserves)
- Journal entries reviewed and approved before
posting to General Ledger
- Monthly accruals are prepared and reviewed
prior to posting in ERP
- Month end and period end tasks and activities
executed (Balance Revaluation, FX adjustments in ERP, Period end close in
ERP, Monthly and periodic physical count and verification (stocks and
fixed assets)
Monitor fixed assets
- Fixed assets are properly recorded and
maintained in ERP
- International Financial Reporting Standards
adjustments to fixed assets are processed bi-annually
- Acquisitions of fixed assets are properly
authorised by Managing Director
- Capex budget is prepared annually in
consultation with Managing Director
Review cash flow
- Cash flow forecasts are prepared monthly and
weekly CICO
- Payment obligations are met; interest
payments, capital repayments, Tax (Excise, VAT, CIT), Payroll, payments to
group companies and foreign exchange contract commitments
- Group’s “cash toolkit” is being competently
managed and suggested improvements given to Head of Finance
Monitor taxation obligations and
insurance needs
- Prepare all tax returns for our client
- Half-yearly and annual tax calculations
prepared are submitted timeously
- Statutory returns are submitted annually and
timeously
- Tax queries are competently resolved
- Insurance risks are accurately analysed
- Analysis of insurance needs to cover assets
& events leading to financial loss
- Insurers advised of changes that may affect
risk
Monitor administration tasks
- All bank and petty cash accounts are processed
monthly and reconciled to ensure accuracy
- All payroll inter-company charges are
processed in ERP
3. Group Balance Sheet monthly
reporting
Preparation of monthly reporting for
our client’s activity in HFM (Prisma)
- Data submission of monthly reporting for our
client into Prisma
- Reconciliation of local accounts for Balance
Sheet with Prisma
- Clearing of Prisma blocking controls
- Consistency with PR Group requirements.
Preparation of our client’s Budget,
Quarterly Estimates and Strategic Plan
- Work in conjunction with business analyst
during budget and LEs
- Data submission of into Prisma
- Ensure reconciliation between HFM reported
figures and analysis pack
- Assist with the SSA consolidated P&L
reporting
- Month-end processing deadlines are complied
with
4. Internal control responsibilities
- Set-up of all internal control procedures of
PRK
- Completing the LSF (French Security Law)
questionnaire on an annual basis
1.
Internal controls reviewed annually
2.
Internal control schedules are
compliant with Group requirements
3.
Ensure integrity of master data base
for suppliers and customers
- Risk mapping every two years
- Recommendations made to Head of Finance on
improvement of processes and controls
- Ensure proper implementation of Segregation of
Duties and compensating controls
- Enforcement of the organisation’s DOA
(Delegation of Authority)
5. Stakeholder Relations
Develop a collaborative relationship
internal stakeholders
- Cultivate an excellent transparent working
relationship across departments and with SSA senior finance team
Collaborate with external
stakeholders
- On-going communication with auditors, external
advisors, company secretaries, banks and other service providers as
required
- Liaise with government departments on
statutory compliance issues as required
6. Employee Management and Motivation
- Day to day management of the junior
accountant: prioritisation of task, coaching and mentoring.
- Expectations and objectives clearly
communicated
- Performance monitored through review meetings
held at least every six months Feedback on performance provided
Job Requirements
- 5-6 years’ of related professional experience;
2 years being in a similar position
- Degree qualification in the business field or
related
- MUST possess accounting qualifications either
CPA; ACCA; CIMA besides the degree
- FMCG experience is ideal; leading a team of at
least 2 people
- Experience working for the Big 4 audit firms
at the level of associate auditor is an added advantage
- Multi-National Corporation experience is
desirable
How to Apply
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