Financial Reporting Accountant at Unilever

Main Job Purpose

The Financial Reporting Accountant (CA) SA is responsible for month end financial reporting activities, Minority shareholder, inter company collections and external audit deliverables.

Job Summary

Audit

• Engage with external auditors for engagement letters, man rep letters etc. (admin)
• Providing information and responses to audit queries
• Preparation of Annual Financial Statements for Holding company and 2 subsidiaries
• Preparation of local only year-end adjustments
• Preparation of annual impairment test
• Address action points from internal audit reports

Quarterly & Year end reporting activities

• Responsible for IFRS 16 reporting and communication of contract additions, modifications or deletion to global team
• Preparation of IFRS 9 provision
• Responsible for preparation of current and deferred tax calculations
• Preparing Current Tax and Deferred tax disclosure/ BCS reporting
• Responsible for pension and Long-term service award submissions to the Global pensions team including IAS 19 valuations
• Preparation and presentation of Balance sheet review file for review with VP finance
• Preparation of information for annual V800 submissions
• Responsible for preparation of liquidity and solvency test for dividend declarations
• Preparation for quarterly pension forecast submissions
• Monitor Trintech access levels
• SCOA changes as communicated by the Global team
• Resolving intercompany mismatches at month end
• Insurance questionnaire
• BEE reporting
• SAP - key user testing for Change Requests (CR)

Monthly activities

• Preparation of Free cash flow
• Balance sheet hygiene-clearing of aged items
• Process journals on Trintech
• Resolving SCOA validation errors
• Turnover recon (MR vs FR)
• Monthly pensions and Long-term service awards reporting (Including check to GL)
• Intercompany accruals
• Preparation of OP to Local recon and local balance sheet
• Attend month end calls between OC and 3 rd party- TB Review, CLM, NFD
• TB Review - Attend TB Review with OC & CG and ensure all outcomes/actions are closed out hold relevant parties accountable
• CLM - Attend CLM Review with Controller, FA, OC & CG and ensure all outcomes/actions are closed out - hold relevant parties accountable
• Calculation of monthly service fee payable to Unilever PLC
• Monitoring audit fees monthly
• Assisting the business with accounting queries
• Verification of daily payroll payments and releases
• Tracking and monitoring of over-due intercompany accounts and focusing on collection of outstanding receipts
• Control Dashboard - central feedback point and commentary for the FM/Controller and VP. Prepare feedback summary for monthly NFD meeting
• CHI Lead - Country service recipient for Control Health Monitoring for R2R and P2P - attend all meetings and follow up on open tickets and drive closure.
• Bank allocation assistance to CG for unallocated bank items
• Pensions - reallocation journals processed on behalf of Pensions
• BMC tool - super user and assistant to Finance team
• General Ledger Master data changes and updates
• Internal Audit and Controls team - assist IC & Controls with audit requests & provide relevant information
• Finflex - Preparation for Finflex requirements working with Treasury and Tax teams and sign off by Controller
• Ensure the roll forward of GL, AP & AR balances are completed by CG post year end (Annual)
• Updating GL account owners listing for changes

Projects

• Auto posting for IC invoices project
• Intercompany receivables - recoverability and documentation compliance and governance
• Payroll - Automation of all manual payroll and payment activities
• Journal reduction, clean up and non-judgmental exercise
• Master data - transition to the new Global tool and implement & process (when ready)

Key Requirements

• CA (SA)
• Strong technical knowledge of IFRS
• Auditing experience is essential.
• Effective business partnering and communication skills
• Effective time management skills
• Ability to meet and manage deadlines
• Ability to work under pressure and multi- task
• Technical Skills - SAP, Excel,Power Point
• Key Success Measures - Understanding the balance sheet and the levers that impact it and IFRS knowledge