Tax, Treasury and Insurance Accountant at Danone

• Overall responsible for all banking administration including payments, reconciliations and clearing accounts
• Lead on selected Tax topics such as Vat and support on all other tax topics
• Comply with all the Group reporting requirements for insurance and assist with insurance claims
• Support on the cash landing process for mid-year and year end
• Support with the monthly forecasting of Other Income and Expenses

KEY AREAS OF RESPONSIBILITY

Financial administration, processing & reconciliation

Treasury & Cashbook

• Loading of payments.
• Ensuring ad hoc (one-time) payments are valid and supported by adequate supporting documentation (banking details).
• Inputting accurate payment details into banking system for ad-hoc and foreign payments.
• Submitting foreign invoices to bank for verification in a timely manner.
• Ensuring all payments have been verified by the bank and successfully paid.
• Retaining proof of payments.
• Liaising on all queries regarding bank statements.
• Complying with scheduled payment deadlines
• Daily update of cashbook, ensuring accurate cost centre and GL allocations.
• Ensuring daily banking activities are properly interfaced with the general ledger.
• Accurate allocation of forex entries on payments made
• Assist with Hedging of the forex risk identified by the CBUs in line with the approved hedging policy.

Bank reconciliations (including clearing accounts)

• Reconciling accurately to supporting documentation.
• Addressing reconciling items in a timely manner (not older than one month)

Filing

• Maintaining
• EFT requisitions
• Bank statements
• Bank and other balance sheet reconciliations
• Bank correspondence and amendments to profiles

Tax

• Preparing monthly VAT returns accurately and submit in a timely manner.
• Support and assist in advising the CBU to ensure comply with all tax obligations (group tax policies and applicable tax regulations and laws).
• Assist in the preparation of income tax returns for all legal entities in the Cluster and ensure submission on time and in full.
• Assist with the identification of risks and opportunities within each CBU
• Perform/support on all necessary reconciliations required before or after-tax submissions
• Assist with adhoc tax queries

Forecasting

• Assist with Cash Forecasting and monitoring the short- and medium-term treasury position
• Assist with Forecasting and managing the cash landing with the CBS and CBU Finance teams.

Insurance

• Insurance administration
• Insurance claims

IT

• Support the department Manager and the IT teams on Tax, Treasury and Insurance projects and enhancements

Customer Relationship Management

• Liaising with, and provide support to, external auditors and providing all required information.
• Developing and managing relationships with financial institutions.
• Addressing and managing system interface failures with banks and IS team

Legal, quality and standards

• Keeping abreast of changes in financial regulations and legislations relating to tax, treasury and insurance.
• Ensuring application of group policies and procedures.

Reporting

• Attending to financial or tax enquires by gathering, analyzing, summarizing, and interpreting data.
• Coordinating and/or working on projects and reports as assigned by the Tax, Treasury and Insurance Manager & Head of Finance.
• Ensure accurate and on time monthly reporting in the Diapason treasury tool.
• Assist with Group reporting

About You

ACADEMIC & TRADE QUALIFICATIONS

• B. Comm Tax Graduate with 2 years commercial experience
• Certified Public Accountant with 2 years commercial experience
• FMCG experience is an advantage

Work Experience & Skills

• Demonstrate good attention to detail
• Indirect and Corporate Tax Experience
• Strong IT literacy with good MS Excel and MS Word and a solid understanding of accounting software principles and user administration skills
• Sound SAP experience an advantage
• Sound knowledge of tax and accounting principles, controls and procedures
• Excellent verbal and written communication skills
• Report Generation skills
• Strong commercial acumen

PERSONAL CHARACTERISTICS & BEHAVIOURAL TRAITS

• Proven team player
• Interpersonal skills enough to support, advise and influence managers from different parts of the business whilst providing solid tax advise where necessary
• Critical thinking and good analytical skills
• Hands-on approach and proven ability to work under pressure and to tight deadlines
• Personal integrity
• Strong relationship building skills
• Enthusiastic with a can-do attitude
• Service orientated
• Self-starter showing initiative