Prepare and process all month end journals and ensure GL closes at a specified time and reconcile balance sheet accounts.
Ensuring that expenses are allocated correctly and are reallocated where necessary.
Ensuring balances on Balance Sheet recons are accurately and timeously recorded, keeping in line with principles of IFRS.
Differences/reconciling items are followed up, investigated and cleared, leaving minimal outstanding items.
Compile the Excel-based Balance Sheet and Income Statement workings for one of the smaller subsidiaries within the Spitz Group as part of the monthly financial close process.
Prepare monthly Inter-company matrix and create manual ad hoc and monthly inter-company invoices.
Maintain IFRS 16 Leases - Prepare computation for new and existing leases monthly.
Prepare accurate and timeous financial reporting to AVI (Day 4 Early Estimate, Day 8 & Day 12 Monthly pack, interim and year-end additional reporting, AFS)
Ensure all reporting to AVI is accurate and complete and submitted timeously per the AVI calendar.
Prepare the Mark-to-Market revaluation of FEC's (Forward Exchange Contracts) calculations.
Prepare the monthly TB review file template for review by the Senior Financial Manager and Financial Director.
Preparation of budgets (annually) and forecasts (quarterly) - Balance Sheet.
Prepare the 8-week cash flow forecast weekly
Prepare Early Payment Data and submit monthly to HR shared services.
Prepare and submit statutory obligations and External reports: Vat Return (Monthly), Stats SA (Monthly/Quarterly), Tax Annual Return
Prepare the income tax calculation (provisional, bi-annual and annual) per AVI template and in accordance with Tax Act.
Ensure the VAT, Dividends, Provisional and Annual Income returns are submitted accurately and timeously within the rules as defined by SARS.
Prepare annual financial statements (AFS) per AVI template and in accordance with IFRS.
Execute XBRL tagging for the Spitz entities' financial statements to facilitate electronic submission and regulatory compliance.
Avoid interest and penalties.
Ensure we deliver as required by StatsSA Turnover reporting as defined by the required format set out by StatsSA.
Ensured we comply with legislated requirements from government departments.
Approve purchase orders on SAP and approve payments on SAP and Banking platform
Confirm validity and accuracy of local and foreign payments and release thereof.
Confirm validity and accuracy of purchase orders, ensuring necessary authorization and support is received and cost center allocation is appropriate
Collate the Italy Salaries payment Report monthly and send to the Senior Financial Manager for review
Collate all approved expense reimbursements relating to Italian employees and submit them to the Italian payroll provider for payslip processing
Audit
Assist with internal and external audit processes by preparing and providing accurate supporting schedules, reconciliations, and requested documentation, responding to auditor enquiries, and implementing audit recommendations to ensure compliance with IFRS and internal control frameworks.
Ad-Hoc finance related projects
Assistance with ad hoc requests from business and various finance projects.
What It Takes to Succeed:
Experience that set you up for success:
SAIPA / SAICA Articles and 3 years post article experience as a Financial Accountant
5 years of experience as a Financial Accountant
Qualifications & Certifications that will contribute to your success:
CTA or Bcom Accounting Honours
Bcom Accounting with CIMA /SAIPA
Additional Requirements that will enhance your impact for success:
Tax experience
Reporting experience from a listed company or subsidiary of a listed company