Financial Accountant

Sappi; Cape Town; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading multinational paper group in Cape Town is seeking an experienced Financial Accountant to handle consolidation, monthly management accounts, and annual financial statements. The ideal candidate will have a B. Comm qualification in Accounting, a minimum of 3 years relevant experience, and knowledge of IFRS. This role offers substantial responsibilities, including audit management and compliance within a dynamic financial environment.

Qualifications

• Minimum 3 years relevant experience in financial accounting.
• Experience in preparing annual financial statements.
• Knowledge of IFRS and JSE regulations.

Responsibilities

• Prepare monthly group management accounts for Sappi Limited.
• Assist in compiling annual financial statements for Sappi Limited.
• Manage preparation for interim and year-end audits.

Skills

Financial regulatory compliance

Accounting principles

Variance analysis

Education

B. Comm qualification with Accounting major

Tools

Hyperion Financial Management

Job description

Overview

We are on the lookout for a Financial Accountant to take responsibility for the consolidation of the group results in accordance with International Financial Reporting Standards (IFRS) and other reporting guidelines applicable to a South African JSE-listed entity and asssit.

Responsibilities

• Prepare the monthly group management accounts for Sappi Limited and assist in compiling the annual financial statements for Sappi Limited and its subsidiaries. Complete the IFRS Reporting and JSE Disclosure checklists for the quarterly financial results and annual financial statements.
• Prepare the quarterly group consolidation and board pack for Sappi Papier Holding GmbH and its annual financial statements.
• Prepare monthly reconciliations, investigates variances, dealing with audit queries and assisting in ad hoc project work including refinancing, acquisitions and technical accounting queries.
• Assist in updating the group accounting policies.
• Assist in the implementation of any new accounting standards.
• Perform ad-hoc tasks and projects
• Assist with Sappi South Africa management accounting work

Interim and year-end audit schedules

• Manages and supervises the preparation and presentation of information and documents for interim and year-end audit for both internal and external auditors and plans accordingly ahead of time. Obtains and confirms schedule requirements and expected audit timelines.
• Consolidates the transactions for Sappi Limited and Sappi Papier Holdings’ (SPH) on the Hyperion Financial Management (HFM) System ensuring that all intercompany transactions, including subsidiary investments and equity, are accurately eliminated.
• Prepares the South African Reserve Bank’s B21 Company Returns Forms for Sappi Limited’s offshore investments.

Authorization

• Becomes an authorised signatory to approve and release payment.

What are we looking for?

• B. Comm qualification with Accounting major
• Minimum 3 years relevant experience
• Hyperion Financial Management experience is advantageous
• Financial regulatory and legal compliance is a requirement