Divisional Accountant (Hinterland)

Senwes Ltd.; Klerksdorp; On-site; ZAR 500 000 - 750 000; Full time

Job summary

A leading agricultural company is seeking a skilled financial manager in Klerksdorp to prepare and manage divisional budgets. You will be responsible for financial reporting, monitoring compliance with relevant acts, and helping with tax issues. The ideal candidate should have a solid background in financial analysis and budget management, as well as proficiency in SAP. This role offers the opportunity to work closely with business managers to coach them on financial matters and enhance financial performance.

Qualifications

• Proficiency in preparing and managing budgets.
• Experience in financial reporting and analysis.
• Strong understanding of tax issues and compliance.

Responsibilities

• Prepare and manage divisional budgets and forecasts.
• Test and prepare transactions against policies.
• Compile monthly and quarterly financial reports.

Skills

Financial analysis

Budget management

SAP proficiency

Variance analysis

Tax compliance knowledge

Education

Relevant financial qualification

Tools

SAP

Job description

PURPOSE OF THE JOB

Preparing and managing of divisional budgets, financial and operational reporting and monitoring of control environment as well as assistance to statuary reporting and tax issues.

Responsibilities

Prepare and manage budgets / Forecasts

• Gather historic financial information.
• Apply expected financial and economic indicators on historical and new information.
• Incorporate all changes to current business model and structure.
• Prepare, analyse and interpret budget.
• Present budget to management.
• Make necessary adjustments.
• Prepare final budget for management.
• Upload and reconciliation on SAP and “E&Y”.
• Manage budget:
• Test expenditure against policy/budget.
• Advice and approve of expenditure.
• Report variances.

Control efficiencies and divisional costs

• Test and prepare transactions against policies/budget, delegation of duties.
• Test accuracy, classification, and existence of transactions.
• Ensure proper reconciliation and review of balance sheet accounts.
• Ensure and resolve completeness and sign off of group balance sheet reconciliation.
• Authorise payment of vendors.
• Manage balance sheet items/ratios.
• Investigate/explain/intervene in budget variances.
• Reconciliation of reports to operating systems.
• Cash flow projections to treasury.
• Advice and coach business managers on business decisions and financial statement interpretation.
• Diligent management of all sundry accounts.
• Review of Hinterland and Hinterland Fuels control environment.
• CO reporting:
• Continuous maintenance of SAP reporting
• Monthly reallocation (cycles) of certain costs

Reporting

• Compile monthly and quarterly reports.
• Improve layout and continuous improvements thereon.
• Liaison with auditors and handling of queries.
• Liaison and resolving of queries from shareholders.
• Generate financial reports on SAP.
• Generate reports to Exco.
• Generate divisional report.
• Review of financial and operational reporting of Hinterland and Hinterland Fuels.

Compliance to applicable acts and standards

• Assistance to tax packs and returns.
• Provide input on taxation issues (SARS).
• Provide input on accounting issues (IFRS).