New Jobs at South African Bank Note Company

Main Responsibilities (not limited to):

• To contribute towards departmental strategies, formulate functional goals and manage implementation thereof.
• To manage the configuration of documents, to ensure that changes are implemented effectively by the relevant departments.
• To lead the Quality Assurance function in promoting a culture of high-Quality performance throughout the organisation.
• To manage Integrated Management System (IMS) audits, corrective and preventive actions in order to ensure continuous improvement.
• To ensure ISO certification is maintained through documentation, registration and maintenance of departmental processes and compliance thereto.
• To maintain a robust change management process to ensure effective change control for changes that have impact on product quality.
• To identify needs and define systems to improve performance of the Quality Management System.
• To contribute towards the compilation of departmental budget and ensure that expenditure is within limits.
• To ensure quality of final product meets customer expectations.
• To manage performance and development of direct reports, and motivate them in order to achieve functional objectives.
• To develop and maintain sustainable business relationships with internal and external stakeholders, to ensure effective implementation of the SHEQ management system.

The Preferred Candidate is likely to have

• BSc. or B-Tech degree in Quality Management, Chemical Engineering or equivalent (Essential)
• TQM - (Essential)
• Lead Auditing Certification - (Essential)
• 5 years’ Quality Assurance experience within Manufacturing environment and at least 3 years in a team leader role (Essential)
• Printing experience (Desirable)

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Main Responsibilities (not limited to):

Project Accounting

• Provide direction to ensure a sound Project Financial Management Framework that will support the strategy of the South African Bank Note Company in accordance with International Financial Reporting Standards (IFRS® Accounting Standards).
• Develop and implement a Project Financial Management Framework to ensure sound financial governance of all projects.
• Develop and implement Project Investment Decision-Making Models to be used by the business to inform sound financial decision making.
• Develop and monitor project costs against budgets and cash flow forecasts on an ongoing basis to ensure compliance to approved budgets.
• Ensure compliance to all financial policies and procedures within projects and provide financial risk management guidance.
• Prepare comprehensive management accounts and report monthly to the relevant stakeholders on projects.
• Coordinate and ensure project capital costs are correctly budgeted for by stakeholders on an annual basis.
• Participate in the procurement tender development and adjudication process and evaluation and benchmarking of tenders to ensure alignment to tender scope and objectives.
• Conduct post implementation financial assessments of projects to ensure that the financial objectives set out in the business case have been achieved.
• Provide support and financial guidance to internal and external stakeholders on project financial management related matters to optimise the company’s financial performance and business opportunities.

Manufacturing Cost Accountant:

• Review the use of the ERP system on the production floor to ensure accurate reflection in the Manufacturing Accounting Module.
• Investigate and prepare product variance analysis and commentary to ensure accurate reflection in the monthly management accounts.
• Conduct reasonability tests to explain under and over recovery of costs.
• Monitor the production flow to ensure the correct valuation of waste.
• Develop and implement cost accounting policies, procedures, and reports to ensure standardised accounting.
• Prepare annual and monthly phased production budgets and forecasts to ensure accurate reflection in the management accounts.
• Review usage variances to ensure accuracy of the Bill of Materials.
• Review Bill of Material to ensure the latest manufacturing practices are applied.
• Ensure compliance with IFRS® Accounting Standards, applicable legislation, policies, standards and laid down procedures.
• Act as a primary Finance Business Partner about production matters.
• Prepare annual and monthly phased production (Ink and Paper) budgets and forecasts to ensure accurate reflection in the management accounts.

The Preferred Candidate is likely to have:

• BCom Honours or relevant B-Degree Honours in Accounting or Management Accounting (or equivalent)
• CGMA registered with AICPA & CIMA
• A minimum of 6 - 8 years of financial experience, of which 4 years must be in a management level role (Essential).
• Knowledge of the printing industry (added advantage).

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Main Responsibilities (not limited to):

• To accurately calculate and prepare all salary related information for payroll processing for the relevant period.
• To accurately process all salary related information on the SAGE People Payroll system.
• To resolve all salary related enquiries from employees and third parties.
• To prepare, validate and ensure the accuracy of Group Life and Post-Retirement Medical Aid information for actuarial valuation purposes.
• To prepare and reconcile third party payments to the payroll on a monthly basis.
• To reconcile all payroll related general ledger control accounts including explanations for reconciling items
• To prepare year-end external audit working papers for directors and executive remuneration, provisions and disability accruals.
• To prepare, validate and ensure the accuracy of statutory submissions for Stats SA.
• To comply with relevant taxation, BCEA and other legislation including policies and procedures of the SABN.

The preferred candidate is likely to have:

• Grade 12/NQF equivalent with Accounting and Maths (Essential)
• Post-school Payroll qualification (Desirable)
• 2-4 years of core experience in an HR administrative OR Payroll environment (Essential)

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Main Responsibilities (not limited to):

• Manage the implementation of financial policies and procedures to ensure accurate reporting.
• Provide accurate financial reports including variance analysis to ensure accurate financial data.
• To manage the full financial accounting function including: Debtors, Creditors, Fixed assets, Bank and Cash, Journals, Reconciliations, Statutory returns, Departmental budgets and forecasts and Financial year-end in order to ensure compliance with International Financial Reporting Standards (IFRS® Accounting Standards), applicable legislation, policies, standards and laid down procedures.
• To manage and develop staff performance in order to achieve set objectives and standards.
• Planning and co-ordination of year-end statutory audits.
• Compile annual financial statements and ensure compliance to IFRS® Accounting Standards, legislation and South African Reserve Bank (SARB) requirements.

The Preferred Candidate is likely to have:

• BCom Honours or equivalent degree at a SAICA accredited university
• CA (SA) (Essential)
• Minimum of 6 to 8 years financial management experience of which 4 years need to be in a management role.

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Main Responsibilities (not limited to):

Manufacturing Accounting

• To document and maintain the standard process costing system including policies and procedures.
• Maintain and ensure the accuracy of the bill of materials and individual product costing.
• Analyse variance against standards including reasons and assist with action plans.
• Ensure accurate stock valuation, including raw materials, work in progress, cost of sales and the valuation of waste.
• Ensure the revaluation of stock from standard to actual at financial year-end.
• Maintain the integrity of the inventory and production modules in the ERP system.
• Conduct monthly inventory counts and reconciliation to the inventory modules.

Project Accounting

• To ensure adherence to a sound Project Financial Management Framework (PFMF) that will support the strategy of the company in accordance with International Financial Reporting Standards (IFRS).
• To provide guidance on the Project Investment Decision-Making Models used by the business to inform sound financial decision making.
• To monitor project costs against budgets and cash flow forecasts on an ongoing basis to ensure compliance to approved budgets.
• To prepare comprehensive management accounts and report monthly to the relevant stakeholders on projects.
• To coordinate and ensure project capital costs are correctly budgeted for by stakeholders monthly.
• To provide support and financial guidance to internal and external stakeholders on project financial management related matters in order to optimise the company’s financial performance and business opportunities.

The Preferred Candidate is likely to have:

• B Comm (Hons) Accounting or Management Accounting or equivalent
• CIMA or studying towards CIMA will be advantageous
• Minimum 3 to 5 years’ experience in manufacturing/costing accounting.