Established in 1981 when Milkor designed and developed the first 6-shot 40 mm MGL (Multiple Grenade Launcher). In 1983, only three years after the revolutionary development, an order was placed by the South African Defence Force for the Milkor MGL named the Y2 which has been in service for over 30 years since its introduction with the armed forces.
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Key professional responsible for the collection, monitoring, and analysis of financial data. They prepare accurate financial statements, forecast costs and revenues, manage tax payments, and conduct internal audits. Their role is crucial in ensuring compliance with accounting regulations and supporting the company’s financial decisions.
Proficiency in Microsoft packages essential (Word, Excel, email)
Duties and Responsibilities
Bank Reconciliations
Local Payments: Coordinate payments and payment process
Petty cash reconciliation and management
Reconcile balance sheet accounts to supporting schedules
Debtors and creditors: Journals to account for provisions and accruals where necessary
Review creditors reconciliations and balances
Monthly Journals to reconcile balance sheet: shareholders’ interest; provisions; tax; depreciation, etc.
Monthly management journals
Process and balance intergroup transactions
Prepare financial records to trial balance
Assist in the preparation of budgets and forecasts
Report on the company’s actual performance
Review fixed asset register and account for depreciation
Compilation of annual financial statements
Tax compliance (VAT reconciliation and payroll taxes reconciliation)
Liaise with SARS regarding any tax matters
Bank Reconciliations
Cash management: Monitor and manage cash flow as per operational requirements to ensure suppliers are paid in a timely manner and not impede operational requirements.
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