Ensure all journals are timeously and accurately processed in the system to enable meaningful financial reporting. Carry out data collection, analysis, investigation, and reporting of financial data. Prepare reconciliations to ensure that all financial transactions are accurately recorded in the financial system. Ensure intercompany activities are performed on time and in full.
KEY AREAS OF RESPONSIBILITY
Manage Intercompany Activities
- Confirming intercompany balances on a monthly basis & following up on all reconciling items.
- Quarterly Magnitude reporting of intercompany balances and transactions.
- Ensuring clearance of CBU intercompany revenue & costs.
- Invoicing of intercompany revenue.
- Ensuring intercompany payments are made in a timely manner.
- Working with HR, IS and CBU overheads controller to ensure intercompany recharges are performed in a timely manner.
- Posting of month-end journals, as well as other journals required during the month.
- Query Resolution.
- Review contracts to determine if the contract contains a lease.
- Load lease contracts on Nakisa.
- Reconcile Nakisa to SAP.
- Analyse profit and loss rental accounts for any leases that need to be accounted for under the scope of IFRS 16.
- Posting standard and amortisation journals for prepayments and deposits.
- Processing ad-hoc invoices to the Sundry Debtors GL.
- Sending statements and invoices monthly to the to Milk and Cream Customers.
- Actively managing other debtor accounts, collection, and accounting.
- Maintaining Recons.
- Analysis of GL account balances.
- Query Resolution.
- Posting monthly standard and ad-hoc journals.
- AP and AR vendor foreign exchange revaluations.
- Maintain balance sheet accounts and prepare accurate month end reconciliations with the correct supporting documentation.
- Reconcile journals posted in the month - follow up on all variances and ensure accurate allocation of accruals and provisions to the appropriate GL and cost centre.
- Assist with the monthly balance sheet reviews and working papers.
- Respond to financial enquires by gathering, analysing, summarizing, and interpreting data.
- Assist with preparation of the Quarterly balance sheet review workings and slides.
- Coordinating and working on projects as and when required by the business.
- Validating and Authorising Master Data Vendor bank details and Company Registration changes.
- Completing Stats SA and other regulatory returns.
- Keeping abreast of group policies and procedures.
- Keeping abreast with financial regulations and accepted practices.
- Striving to achieve delivery of team objectives.
- Updating job knowledge by keeping current with financial regulations and practices.
- Quarterly Balance Sheet Review Presentations.
- Liaising with, and provide support to, external auditors and providing all required information.
- Liaising with various stakeholders inside and outside of the business and maintaining good working relationships with the stakeholders.
KEY REQUIREMENTS OF THE JOB
BCom accounting degree
1 - 2 years' experience in an accounting role, FMCG is beneficial
About Us
OWN your IDEAS
In our culture, respect and team spirit are embedded at all levels the best idea is not determined by the hierarchical level.
OWN your CAREER
Your career path is not a one-way street. Individual career plans give you freedom and flexibility We support you - e.g. with our coaching and mentoring offer
OWN your IMPACT
A job means so much more than titles and earning money. With us you have the opportunity to really make a difference and improve the health of people and the planet.
You love strong brands - we love strong personalities! Become part of Danone and our team with the successful brands .
Come to Danone and make our team even more colorful and diverse.
We say bring your very own self into our teams - because we count on the individuality of everyone. #Dan'OwnYourUniqueness
Your Benefits
- Modern office with open space
- Mobile and flexible working
- Various education opportunities
- Pension
- Others
