Financial Administrator

Found in: beBee jobs ZA - 2 weeks ago


Pietermaritzburg, KwaZulu-Natal, South Africa RCL Foods Full time
RCL Foods's job vacancy, Career and Recruitment

Job title : Financial Administrator – Pietermaritzburg jobs in KwaZulu-Natal

Job Location : KwaZulu-Natal, Pietermaritzburg

Deadline : 18-May-24

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Job Description

RCL Foods is recruiting for a driven, highly energized and analytical Financial Administrator within the baking business unit.

The suitable candidate will be responsible to provide accounting support and insight for the relevant customer principal/depot. To keep track of the business units financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement.

This role will be based in Pietermaritzburg and reporting to the Financial Manager.

This role is a Permanent role.

Minimum Requirements

BComm / BComm Hons Degree or equivalent preferably Accounting/SAICA/SAIPA
Valid Driver's Licence
3 years relevant experience in a similar role
Proficient in MSExcel
Previous experience of JDE or an ERP system advantageous.

Duties & Responsibilities

Review Financial Records and Transactions

Reviews recorded entries for accuracy and proper account posting.
After examining the actual transactions made, review the books and records to ensure they accurately reflect the operating results of the business unit.
Organize company books and records in preparation for the annual outside audit of the business unit.

Report to Senior Management
Report to the senior management team on all financial accounts.
Create reports for all financial transactions that relate to the business units.
Evaluate the meaning and trends shown by documents.
Interpret the impact of the accounting results on all aspects of the business units operations, including HR, Sales, Production, Distribution and Finance and Admin cost centres, using graphs and text narratives to complement the reported numbers.

Advise Management
After reviewing and analyzing the business unit's books and records, feedback and advice must be offered to senior management, particularly relating to asset quality, liability position, cash flow sufficiency, and revenue/expense issues.
Also provide advice on the status and use of the business units resources, updates on the budget and results of projections in the business plan and the latest financial news that could affect unit operations.
Also advise senior management on HR, strategic planning, better control of expenditures, and/or business unit investments.

Fixed Assets/Instalment Sale Agreements
Create Asset Approval requisition and ensure sign off
Post Invoice in general ledger
Create Asset Master number and fixed asset module transactions
Manage Capex projects and report on over expenditure against budget
Ensure ISAs are managed effectively

Long term Liabilities
Maintain Instalment sale agreement monthly register
Review the RNV account
Review inter-company balancing accounts for any errors in capturing

Bank
Capture Daily Bank Statement to JDE
Reconcile Bank Statement daily
Cash Flow Forecasts

Creditors
Capture and match supplier invoices for stock purchases and inspect all documentation.
nsure Invoice complies with legislation (eg Vat Act)
Manage & review processing of standalone invoices captured by creditors clerk
Reconcile suppliers' ledgers to Supplier Statement and resolve Discrepancies
Prepare monthly and weekly payments ensuring that all documents are attached and authorised for payment. Identify Optimum Payment Date
Raise month end Accruals for any expenses not captured via Invoices and any other ad hoc accruals and provisions
Complete and process Creditor Applications
Maintain supplier master data
Manage balance and capture all inter group transactions
Supply the creditors AP report to bookkeeper on a monthly basis reconciled to supplier statements
Review open POs

Finance
Balance sheet recons
Staff management
VAT calculations and reconciliations and submission of EMPs
Processing of month end general journals

Manage outstanding PODs

*Accounting / Financial Services jobs in south africa
*Financial Administrator – Pietermaritzburg in Pietermaritzburg
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