Financial Accountant at Airbus DS Optronics (Pty) Ltd

Job Description:

Purpose

• Ensure accurate and complete general ledger accounts
• Ensure accurate supporting documents and information for all accounting entries
• Ensure on time and accurate reporting to internal and external stakeholders
• Ensure proper filing of transactions for audit purposes (External auditors, SARS. EXCON etc.)

Main Duties

• Monthly reconciliation and analysis of GL accounts. (Balance sheet and income statement)

Timely and accurate submission of monthly reports to the Group Finance department (all group reports).

• FACTS
• Statistical items
• Capex
• IFRS 16 (SLAN)

Timely and accurate submission of monthly internal reports

• Management accounts
• Internal reporting
• Actual vs Budget
• Monthly accounting of journals and final general ledger balances
• Active management and monitoring of WIP (including liaising with project teams on valid WIP)
• Active management, monitoring and reallocation of cost centre expenses (including liaising with cost centres on valid allocations)
• Interpretation of financial data with gap analysis
• Preparation and sharing of additional value adding reports
• Contribution and preparation of information required for BEE audit.
• Preparation of cost centre variance reports (Budget vs Actuals) for review by respective managers
• Month end forex revaluations
• Monthly gross margin cost allocations
• Monthly management of stock depreciation
• Monthly posting of payroll journals
• Monthly accounting in terms of IFRS
• Manage and maintain fixed assets register, assigning of asset numbers and monthly depreciation
• Assist with preparation of annual financial statements
• Lead the audit engagement (interim and final) (management of audit requests, submissions and queries to relay to the correct internal responsible persons)
• Actively participate in the annual financial audits by preparing of financial schedules and recons.
• Proper filing of transactions for audit purposes (External auditors, SARS, EXCON etc.)
• Participate actively to all ERP improvement projects
• Assist the CFO and line manager with ad-hoc projects and requests.
• Ensure complete adherence to all related Group policies, procedures and directives.
• Ensure correct accounting  in terms of IFRS 16 Leases (monthly)
• Ensure correct accounting and revenue recognition in terms of IFRS 15 (year-end)
• Participate to accurate and complete year end cut off postings.
• Inventory obsolesce assessments and reporting to relevant departments.
• Non-quality reporting to Quality Department.
• Identifying month end provisions and/or accruals.
• Maintenance of provisions and accrual register (including all provisions raised by all finance employees)
• One Roof: - Responsible accountant for Airbus Nigeria. - Contribute towards winding down of Kenya branch. – Review and monitoring of monthly One Roof accruals, invoicing and other functions.
• Creation, closing and follow up of internal orders.

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.