Accountant at RCL Foods

Job Description    

• At RCL FOODS we see and do things differently. We think bigger, work smarter and as a team, we collectively work towards achieving our ambition of “MORE FOOD TO MORE PEOPLE, MORE OFTEN”!
• RCL FOODS is on the hunt for an Accountant to join our Pretoria West Finance team. 

Minimum Requirements    

• BCom  Accounting Degree or SAICA Articles
• Attention to detail.
• Advanced Excell skills
• Builds constructive and effective relationships.

Duties & Responsibilities    

Assist with year end deliverables and external audit requirements:

• Preparation of GL reconciliations for year end, which entail backup schedules in support of all Balance Sheet Accounts Following up on queries/reconciling items ensuring that no significant items remain on the reconciliations when closing General Ledger.
• Complete year-end schedules as required in support of GL accounts. Reconciliation of Inter-branch / Inter-company accounts and following up on queries/reconciling items before submitting to Group. Assist in preparation of the annual financial statements. Assist in completing the year end current tax and deferred tax computations. Assist with tax queries from the Group Tax team.
• Assist with cashflow forecasts for commodity payments and monitoring commodity contracts (ordered, received, paid)
• Assist with external audit deliverables.

Journals:

• Checking journal and accrual entries prepared by the GL Clerk Capture own journal and accrual entries when required, including routine monthly transactions, corrections, and provisions, ensuring correct account allocations.
• Ensure own journal and accrual entries are manually authorized by a Financial manager, prior to posting.

Derivative Accounting:

• Preparation of monthly derivative journals.
• Assist in the calculation of actual gains and losses between FEC/ options and the actual payment/receipt to or from the bank for all positions closed in the month.
• Assist in the calculation of the effective rate for all positions closed in the month and ensure that it is sent to Commodity Procurement team timeously.
• Maintain the monthly blotter for closed positions and deferments. Ensure that it is submitted to Commodity Procurement team at month end for them to provide quantities of commodities delivered for the month.
• Maintain the blotter for open positions and agree blotter to trackers prepared by Commodity Procurement team and follow up on any discrepancies.
• Assist in the calculation of monthly mark to market, FEC and call and margin movements.
• Prepare all journals for month end i.e for gains/ losses on positions closed in the month, movements on open positions and deferment journals.
• Preparation of general ledger recons and monitor GRN Suspense account for commodity invoices.

Information and Data management:

• Ensure team members accurately and regularly capture data onto ERP system to enable access to reliable data and reporting for trend analysis and decision making.
• File and safeguard records within the area of responsibility.
• Share relevant data with management teams to enable reliable business decision-making.
• Teamwork and Self-Management Take ownership and accountability for tasks and activities and demonstrate effective self-management in terms of planning and prioritizing, and self-development.
• Ensure that quality and productivity standards of work are consistently and accurately maintained. Inform relevant parties of tasks or deadlines not met, potential risks, and provide appropriate resolution.
• Support and drive the business core values. Manage colleague's and client’s expectations and communicate appropriately.
• Demonstrate a willingness to help others and “go the extra mile” to meet team targets and objectives. Champion training and development of self and others through utilizing available training opportunities.
• Drive regular performance appraisals and ensure the standard requirements of performance are met. Staff Management Lead and develop staff within the context of the Labour Relations Act, Employment Equity Act, Basic Conditions of Employment Act, and the Skills Development Act.
• Monitor staff performance and provide regular feedback.
• Coach and support staff where necessary.
• Manage staff activities, ensuring service levels are met and protocols are adhered to.
• Manage staff leave and general time management issues in line with organizational deliverables and standards.
• Manage and deliver on succession plans to enable the development of a future generation of leaders.
• Establish sound staff and labour organizing and communication structures and systems.
• Conduct regular meetings and ensure that records are kept and shared across the team and that action plans agreed to within team meetings are delivered upon.