Senior Accountant at AECI Limited

Job Description

Purpose of the job :

• To oversee the financial health of AECI.
• You will manage financial reporting, budgeting, auditing, and forecasting activities.
• Your role involves ensuring compliance with accounting standards and regulations while providing strategic financial insights to senior management.

Planning and Budgeting

• Assist with the AECI entity budget process, in conformance with the AECI guidelines and principles.
• Assist with monitoring and controlling expenditure within the approved level, ensuring compliance with budgetary control procedures and policies.
• Manage the budget and forecast reports for the Income Statement and Balance Sheet.
• Financial Management and Reporting
• Coordinate the compilation of financial information in preparing financial statements, including monthly and annual reporting.
• Ensure financial records are maintained in compliance with accepted policies and procedures.
• Oversee the creation of new GL accounts and cost centres.
• Prepare monthly and year-to-date financials with accompanying analysis of results and insight into variances.
• Coordinate the monthly management reporting packages.
• Ensure all financial reporting deadlines are met.
• Review financial reconciliations (including GL).
• Authorise month-end journal postings.
• Prepare month-end and year-end Cognos reporting packs.
• Investigate and resolve accounting discrepancies and irregularities.
• Coordinate monthly and year-end financial reporting.
• Conduct ad-hoc financial analysis as required.
• Ensure the export provision is cleared every month.
• Prepare and maintain accounting records up to the draft of financial statements stage.
• Monitor filing deadlines for a portfolio of clients.
• Liaise with other staff and departments dealing with other aspects of a client’s regulatory requirements.
• Review accounting statements, expense reports, and standard forms for accuracy, completeness, and conformity to procedures.

Intercompany Loan Accounts

• Maintain intercompany loan accounts.
• Oversee intercompany monthly confirmations.
• Oversee monthly intercompany reconciliations.
• Manage relationships with AECI subsidiaries.
• Hedging Process
• Maintain the hedging process in line with AECI Treasury policy & ensure that all imports and exports are hedged accordingly weekly.
• Oversee treasury reconciliation and submit to AECI as per the deadline.
• Request the draw in of contracts by AECI for FEC payments.
• Request spot cover to be taken out by AECI for Rand payments.
• Ensure compliance with all legislation in relation to SARB & accounting matters.
• Treasury and Cash Management
• Follow up with FSSC on any outstanding bank reconciliation items.
• Inform FFSC of the minimum amounts required to open bank accounts in country.
• Liaise with banks on any queries.
• Manage relationships with banks and financial institutions.
• Manage monthly management accounts for a portfolio of internal and external customers.
• Correspond and interact with clients to obtain information required to complete tasks and to make them aware of filing deadlines and other obligations.

Qualifications & Experience

• Minimum: Post-graduate / Honours Degree in Accounting and or Finance
• Member of a recognised professional Institute, Nationally, Regionally, or Internationally.
• Registered member of SAICA: CA (SA)
• Minimum 5-8 years’ experience as an Accountant.
• Proficiency in accounting software (SAP) and advanced Excel skills. Familiarity with ERP systems and financial reporting tools.
• In depth experience of managing multi-dimensional programmes, deadlines, and large budgets.
• Engagement with diverse, external international stakeholders in managing legislative risk.
• ERP system /SAP R3
• Internationally Accepted Accounting Standards (IAAS)

Personal attributes

• Analytical Skills
• Attention to Detail
• Critical Thinking
• Ethical Conduct
• Coping with Pressures and Setbacks
• Delivering Results and Meeting Customer Expectations
• Relating and Networking
• Planning & Organising
• Deciding & Initiating Action
• Adhering to principles and values
• Presenting and Communicating Information

Closing Date

• 2025/07/24