Corporate Accountant at Senwes

Budgeting and forecasting.

• Gather historic financial information, apply expected financial and economic indicators on historical and new information.
• Incorporate all changes to current business model and structure.
• Prepare budget (annually) and forecasts (quarterly) for management.
• Test expenditure against policy/budget.
• Analyse and recommend savings in expenditures and report variances.

Financial and operational reporting/authorisation.

• Scrutinize financial entries on SAP per cost centre.
• Process payments to be done to external vendors for correctness (VAT, calculation, within budget, etc.).
• Clearing of balance sheet accounts and internal vendors/customers.
• Compile business case or EVA calculation for relevant project costs or CAPEX expenditure.
• Processing of month end journals.
• Generate financial reports on SAP and distribute to the relevant key receivers.
• Compile the monthly FD report with relevant information for EXCO to enhance business decision making.
• SLA billing and other month end billings.
• Prepare monthly balance sheet recons.
• Compile Tax pack and distribute to Group Tax Accountant.
• Compile audit committee reports.
• Assist in integrated report duties
• Process bi-annual and annual journals.

Corporate control

• Test and prepare transactions against policies/budgets.
• Monthly audit of journals, general payments, contract payments, tender processes and reconciliations.
• Identify deviations to policies and procedures and propose solutions for an implement improved control environment.
• Test accuracy, classification and existence of transactions.
• Ensure proper reconciliation and review of balance sheet accounts and income statement accounts.
• Process/authorise payment of vendors.
• Manage balance sheet items/ratios.
• Test the correct accounting treatment of new business processes.
• Cash flow projections to treasury.
• Advise and coach business managers on control improvements.
• Management of all sundry accounts.
• Ensure that a business case is in place for all relevant projects.
• Evaluate financial performance of project against business case presented.

Administration of fixed assets.

• Preparation and capturing of acquisitions and disposal of assets.
• Comply to IFRS (IAS16) standards.
• Maintain and update fixed asset register.
• Conduct the depreciation run.
• Coordinate theoretical vs actual asset (PPE) count.
• Compile annual CAPEX budget and report (CAPEX) capital expenditure against budget and forecasts (monthly).
• Compile PPE notes for audit report, tax pack and financial statements.
• Post implementation of projects: evaluate financial performance of project against business case presented.

Continuous process improvements:

• Continuously evaluate existing asset accounting processes to identify areas for improvement or optimisation.
• Propose and implement process enhancements to increase efficiency and accuracy.
• Explore opportunities for automation in asset accounting processes, such as utilising software tools for data reconciliation or depreciation calculations.
• Implement automation solutions to streamline routine tasks and reduce manual errors.

Requirements

• Qualifications: Relevant bachelor’s degree. Completed SAIPA/SAICA articles.
• Requirements (South Africa): Three years relevant accounting experience. Familiarity with asset management, especially large-scale industrial setting. Understanding of financial regulations and compliance standards.