Intercompany Analyst - HQ Sandton at The South African Breweries (SAB)

Key Purpose

The Key Purpose of this role is to perform end to end daily activities related to Africa Zone and Global processing of information to ensure that the Business Service Centre operational excellence and customer service objectives are achieved. The role ensures accurate processing of financial transactions, reporting and appropriate governance of all elements contained on the balance sheet, Income Statement and plus all processes housed in working capital. Financial transactions performed across various systems, including SAP, Oracle FCCS, and Cognos.

Key Roles and Responsibilities:

• Preparation of intercompany chargeback requests
• Prepare and execute intercompany billings, payments, netting, cash application, accrual entries, adjustments and correction entries as needed
• Review intercompany charges for completeness and integrity to the process
• Prepare quality intercompany reconciliations, account analysis and provide detailed transactions to non-finance teams
• Prepare and upload intercompany related journals as required by the business, including accruals; recharges and creating invoices
• Managing the health of all intercompany balance sheet accounts in terms of risk, ageing, validity of transactions within the account and clear reconciling items
• Investigate and resolve reconciling items with the aim to clear mismatches and aged items on FCCS and Cognos in line with the Global policy
• Present and implement corrective action and preventative action for recurring process related issues.
• Assist the team to meet weekly and monthly targets and all relevant SLA’s and KPI's
• Participate in monthly closing for entities including balance sheet, income statement and other financial information for internal and external reporting purposes
• Prepare the Intercompany Trial balance for FCCS upload and Cognos reporting.
• Investigate and resolve month end reconciling intercompany differences on FCCS and Cognos
• Provides customer support and responds to requests and accounting-related inquiries for intercompany processes
• Adhere to internal control protocols and provide information as required to internal and external audit
• Ensuring adherence and proper documentation to satisfy audit and statutory requirements including MICS and SOX Controls and SLAs
• Present to the Team Lead key challenges, insights and workarounds. Trouble shoot issues and share improvement ideas with Team Lead
• Maximize efficiency and effectiveness of process area, as the Subject Matter Expert for the process
• Identify automation opportunities to improve the way we operate and work closely with technology to leverage system functionalities to improve the process.
• Maintenance of role training documentation. Assisting in knowledge transfer to new employees within the role
• Perform Ad hoc projects and requests as assigned and identify process improvement, automation and efficiency opportunities to improve the way we operate.
• Understanding of Exchange Control Legislation and Company Requirements

Key Attributes and Competencies:

• Comprehensive and up to date knowledge of IFRS will be an advantage
• Strong knowledge of Procurement to Pay processes and query resolution •
• Able to work on own initiative and prioritize workload effectively.
• Building and influencing diverse teams including senior management
• Ability to build productive working relationships – internally and externally and stakeholder management
• Strong interpersonal/ business skills and time management skills and the ability to generate team cooperation
• Excellent analytical and good problem-solving skills

Minimum Requirements:

• Degree in accounting or related field
• 3 -5 years prior related position experience in financial accounting required
• Competency in Computer skills (MS Office, Excel, PowerPoint, Power BI), with particularly strong Excel skills
• Financial Systems, SAP, FCCS (Financial Close and Consolidation System, COGNOS system)