Divisional Accountant (Hinterland) (Klerksdorp) at Senwes

PURPOSE OF THE JOB:

• Preparing and managing of divisional budgets, financial and operational reporting and monitoring of control environment as well as assistance to statuary reporting and tax issues.

Responsibilities:

Prepare and manage budgets / Forecasts

• 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, analyse and interpret budget.
• Present budget to management.
• Make necessary adjustments.
• Prepare final budget for management.
• Upload and reconciliation on SAP and “E&Y”.
• Manage budget:
• Test expenditure against policy/budget.
• Advice and approve of expenditure.
• Report variances.

Control efficiencies and divisional costs

• Test and prepare transactions against policies/budget, delegation of duties.
• Test accuracy, classification, and existence of transactions.
• Ensure proper reconciliation and review of balance sheet accounts.
• Ensure and resolve completeness and sign off of group balance sheet reconciliation.
• Authorise payment of vendors.
• Manage balance sheet items/ratios.
• Investigate/explain/intervene in budget variances.
• Reconciliation of reports to operating systems.
• Cash flow projections to treasury.
• Advice and coach business managers on business decisions and financial statement interpretation.
• Diligent management of all sundry accounts.
• Review of Hinterland and Hinterland Fuels control environment.
• CO reporting:
• Continuous maintenance of SAP reporting
• Monthly reallocation (cycles) of certain costs 

Reporting

• Compile monthly and quarterly reports.
• Improve layout and continuous improvements thereon.
• Liaison with auditors and handling of queries.
• Liaison and resolving of queries from shareholders.
• Generate financial reports on SAP.
• Generate reports to Exco.
• Generate divisional report.
• Review of financial and operational reporting of Hinterland and Hinterland Fuels. 

Compliance to applicable acts and standards

• Assistance to tax packs and returns.
• Provide input on taxation issues (SARS).
• Provide input on accounting issues (IFRS).

Requirements:

• Registered CA (SA) or equivalent degree
• Three years relevant accounting experiences
• Completed articles