The incumbent is responsible for the monthly forecasting and ensuring compliance and success of the Company meeting it. Weekly meetings with the various business units in review of the monthly forecasts and risk management thereof. In addition, the annual budget and consolidation of two companies and a cost centre to a consolidated budget. Monthly monitoring on the compliance to the annual budget and setting budget limits within Syspro.
Quarterly forecast submissions to the Shareholder in a consolidated format for both Companies.
Monthly consolidation of performance into the monthly reporting pack as well as the in-depth analysis and report writing thereon for the monthly review by the Directors.
The incumbent will also be responsible for processing of month-end journals as well as balance sheet reconciliations and expense analysis in the income statement.
Requirements
4-5 Years post article exposure
SYSPRO proficient
Previous exposure on consolidations and reporting
Industry related experience a preference
Key Performance Areas
Manage monthly and weekly forecasting and complying to profit expectations
Responsible for quarterly forecasting
Perform annual budget
Manage and responsible for meeting the annual budget
Responsible for monthly consolidation and monthly reporting to the Directors on performance
Overall responsibility for timely and accurate accounting
Monthly reporting to Shareholder and written reports of analysis
Part take in periodic stock takes
Monthly review of expense general ledger accounts and Balance Sheet recons
Engagement with external auditors
Ensure Annual Financial Statement compilation
Ad-hoc projects delegated by the Finance Executive
Description Of Tasks -
- Monthly review of general ledger to ensure the correct accounting of financial data (Income Statement)
- Balance sheet reconciliations
- Posting journals
- Monthly closings, calculations and preparation of management statements
- Cash flow management
- Preparation of monthly business unit reports for management/directors
- Performing the monthly consolidation of accounts for the two businesses and one cost centre into a Consolidated Pack for review by the Directors.
- Analysis of year-to-date performance as well as monthly performance with an in-depth analysis of performance and reporting thereon in the monthly business unit pack to the Directors.
- Weekly meetings with the business to track performance on the monthly forecast.
- Weekly reporting to the Shareholder on the forecast for the month.
- Responsible for the quarterly consolidated forecast to the Shareholder
- Producing ad hoc financial reports for management/directors meetings
- Coordinate monthly forecasts and compliance thereto in the actuals
- Compliance to annual budgets
- Co-ordinate and completion of yearly budget
- Providing external auditors with information to assist in external audit process
- Compilation of Annual Financial Statements for the different Companies
- Responding to issues identified in external auditors report to management
- Ensuring compliance of accounting policies and IFRS
