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  • Posted: Apr 7, 2022
    Deadline: Not specified
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    RCL FOODS is a leading African food producer in South Africa with a market capitalisation of R13 billion and employing more than 20 000 people in operations across South and Southern Africa. We manufacture a wide range of branded and private label food products which we distribute through our own route-to-market supply chain specialist, Vector Logistics. ...
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    Assistant Accountant

    Job Description    
    RCL FOODS is on the hunt for an Assistant Accountant for our Group Services Division. The role will be based in Westville and will report to the Finance Manager. This individual will need to provide first-line support to the Finance Manager in managing all the finance functions for LiveKindly Collective Africa and assist with the preparation of management reports that provide information about the company’s performance to external and internal clients as well as other duties that assist    LiveKindly Collective Africa in meeting its EBIT targets.

    Minimum Requirements    

    • A BComm Degree preferably majoring in Accounting and Auditing is preferred
    • 3 – 5 years of relevant experience in a similar role
    • Computer literate with intermediate experience in Microsoft Office (Excel, Word)
    • Completed articles will be an advantage
    • FMCG environment experience will be advantageous
    • The successful candidate will have his/her own transport with a code 08  drivers’ license

    Duties & Responsibilities    

    • Maintain general ledger according to Group policies (GAAP) and IFRS
    • Ensure that all general ledger reconciliations, including that for consignment stock, are prepared monthly and that reconciling item are resolved timeously.
    • Prepare all finance workflows required.
    • Create Requisition to Orders for Purchase Orders to be generated.
    • Calculate Export Agent’s Commission and ensure payments are processed.
    • Confirming intercompany balances and transactions
    • Preparation and submission of monthly working papers, flash results, and slide decks for LiveKindly Executives and LiveKindly Global.
    • Arrange the year-end stock count.

    Journals

    • Review Loan Account Entries for accuracy and allocation.
    • Prepare journal entries, including supporting documents for workflow, and capture entries on SAP as required by the Financial Manager.

    Banking

    • Assist the Central GL and Accounts payable team with any cash queries.
    • Assist with the facilitation of any local and foreign EFT payments.
    • Review weekly payment runs and approves the release of payments.
    • Review and allocate bank transactions every week.
    • Foreign exchange transactions
    • Raise FECs timeously with Treasury and track settlements and payments of imports.
    • Review and account for all import and export costs.

    VAT and Income Tax

    • Prepare the VAT 201 return and supporting schedules for review by the Finance Manager.

    Year-End

    • Assist the Finance Manager with the coordination of the year-end processes with the finance team and external auditors.
    • Prepare the year-end provision schedules, accounting, and tax packs.

    Internal Control

    • Assist the Finance Manager in the implementation of controls to ensure completeness, validity, accuracy, and adherence to deadlines.
    • Continuously identify and pursue opportunities to improve control procedures.
    • Follow up on audit queries and ensure that corrective action is taken by responsible team members.
    • Ensure compliance with approved procedures using control checks performed by the finance team.
    • Ensure completion of all month-end reconciliations.

    Ad hoc/Other

    • Assist the Finance Manager in dealing with ad hoc requests on an ongoing basis including regional-specific finance or operational projects which require financial input.
    • Appropriately resolve queries that may arise (e.g. income tax, VAT  audits).
    • Preparation of Insurance declarations.
    • Preparation of vendor applications for review by the Finance Manager.

    Closing Date: 20th, April 2022

    Method of Application

    Interested and qualified? Go to RCL Foods on rcl.erecruit.co to apply

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