FINANCIAL ACCOUNTING LEAD

The South African Breweries; South Africa; On-site; ZAR 30 000 - 50 000; Full time

Job summary

A leading beverage company in South Africa seeks an experienced individual to oversee information processing, ensuring operational excellence and customer service objectives. The ideal candidate should have a degree in Accounting, post-graduate qualifications, and a minimum of 3 years' experience in an FMCG environment. Key responsibilities include managing balance sheet accounts, preparing cash flow forecasts, and engaging with all functions of the business.

Qualifications

• Minimum of 3 years' experience in FMCG environment.
• 3-5 years prior related position experience required.

Responsibilities

• Oversee information processing for operational excellence.
• Engage with all functions to review working capital performance.
• Prepare balance sheet cash flow forecasts.

Skills

Strong process knowledge

Analytical approach

Effective communication

Stakeholder management

Confidentiality

Education

Degree in Accounting or related field

Post-graduate qualification

Tools

MS Office (Excel, PowerPoint, PowerBI)

Job description

Dreaming big is in our DNA. It's who we are as a company. It's our culture. It's our heritage. And more than ever, it's our future. A future where we're always looking forward. Always serving up new ways to meet life's moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with the teammates, resources and opportunities to unleash their full potential. The power we create together - when we combine your strengths with ours - is unstoppable. Are you ready to join a team that dreams as big as you do?

Key Purpose

of this role is to oversee information processing to ensure that the Business Service Centre operational excellence and customer service objectives are achieved. The role ensures accurate reporting and appropriate governance of all elements contained on the balance sheet and all processes housed in working capital.

Key Roles and Responsibilities

• Establishing and enforcing proper accounting methods, policies, and principles internally in line with global policies and externally with regards to financial reporting standards.
• To ensure accurate reporting and appropriate governance of all elements contained on the balance sheet.
• Continuous improvement review and implementation for all processes housed in working capital.
• Engagement with all functions within the business to provide detailed review of the working capital performance & Balance sheet.
• Reviewing the impact of margin performance on all the elements of working capital.
• Overall release of balance sheet journal entries (accruals, sundry debtors, owner drivers, FI payments (third party payments), CMI claims, inter depot claims).
• Balance sheet reconciliation review and investigation for all balance sheet accounts.
• Manage the health of all balance sheet accounts in terms of aging, the validity of transactions within the account, debit transactions in credit accounts, and vice versa.
• Establish and enforce proper accounting methods, policies and principles internally in line with global policies and externally about financial reporting standards
• Prepare and present balance sheet cash flow forecasts/LE.
• Ensure adherence and proper documentation for MICS and SOX.
• Provide ongoing financial accounting technical support for the business to the zone for the balance sheet.
• Prepare Balance sheet presentation status to the BU Director
• Prepare balance sheet commentary for month end reporting
• Develop and maintain procedures, work instructions, standard operating practices and site-specific policies for Document Control and Records
• Plan and manage internal and external audits

Key Attributes and Competencies

• Strong process knowledge
• Able to work on own initiative and prioritize workload effectively
• Ability to communicate effectively both orally and in writing
• Excellent stakeholder management
• Ability to generate team cooperation
• Analytical approach / good problem-solving skills
• Capable of being entrusted with "confidential" information
• Ability to be flexible with duties and scope of work

Minimum Requirements

• Degree in Accounting or related field and post-graduate qualification.
• Minimum of 3 years' experience in FMCG environment, with 3-5 years prior related position experience required
• Computer skills (MS Office: Excel, PowerPoint, PowerBI)

Additional Information

• Band: VII

SAB/ABInBev is an equal opportunity employer, and all appointments will be made in line with SAB/ABInBev employment equity plan and talent requirements. The advert has minimum requirements listed. Management reserves the right to use additional/ relevant information as criteria for short-listing.