Senior Financial Accountant

An exciting career opportunity exists at Medipost Holdings for a Senior Financial Accountsant reporting to the Medipost Financial Manager. This position is based in Gezina, Pretoria. The purpose of this position is to administer and manage the Medipost Holdings financial health to promote success and growth while complying with legal and financial practices , so that all monthly and yearly reporting needs are met, including monthly management accounts, annual audit requirements, monthly and annual tax submissions and payment, working capital control, financial strategy, financial budgeting, profitability and cost control including minimizing of stock write-offs, segment reporting and profitability control, tender pricing for new business, maintain and/or improve BBBEE accreditation level. MAIN RESPONSIBILITIES Preparing and maintaining accounting records Ensure accurate accounting records are maintained for monthly and annual reporting Review of monthly journals posted by Accountants/Jnr staff Preparation of monthly intercompany loan account and other reconciliations and timeously follow-up on reconciling amounts. Enforce controls to mitigate and reduce financial risks across the business Enforce accounting/finance processes, models and procedures Upload and review ACB run for correctness, verify banking details and amounts payable. Review Major Creditors Recon Participate in inventory counts as backup for FM Implement automation of supplier’s reconciliations and payment uploads to the bank Statutory and regulatory reporting IFRS compliant accounting records for annual financial reporting and annual external audit Preparation of the requested audit documentation, 2 weeks in advance of the commencement of the annual audit Ensure successful execution and co-ordination of the year end and/ Mid-year audit processes Review of VAT recons by the 15th of each month and submission of VAT returns by the last business day of each month on SARS e-filing. Submission of CIPC documentation within 30 business days after the anniversary date of the company’s incorporation date. This includes the completion of annual return questionnaires Preparation of management accounts Preparation of monthly management accounts concluded on the 10th of each month. These include detailed reporting per cost center: Expense and profitability reports IFRS vs management account analysis Sharing financial analysis skills with GM’s Preparation of key KPI’s per month Review of monthly balance sheet and Income statement recon Planning and Budgeting Preparation and input of annual budgets, per cost center, completed by 31 December 2025 Monthly preparation of budgeting, 5-Year Forecasting, and Group long-term financial planning for allocated entities in the group Updating of rolling forecasts and real-time reforecasting for allocated entities in the group. Monthly monitor performance against budgets and strategic objectives, highlighting risks and opportunities to the business Monthly maintenance of Revenue contracts on CMI and review % fees billed per the agreement compared to the invoice raised. Ensure monthly supplier data reporting is completed 2 days after statement closure date Ensure all billing for services rendered is completed two business days after information is available/statement closure date Management of new projects profitability and relationships with operations teams to ensure smooth process Prepare ad hoc analysis per request from the business and present suggestions and findings to management for implementation Provide financial models, business cases, and scenario analyses to support growth and cost management, as requested by the business Monthly reduction of OPEX through efficiencies implemented in the finance department Maintain and enforce strong internal controls, policies, and compliance with IFRS. Standardization and harmonization of financial processes across subsidiaries Service Costing; Project /new businessappraisal Allocation of overhead costs, activity-based costs, and break-even analysis in order to determine current and proposed service costs (for new business price offerings and tenders) Use investment appraisal techniques for the evaluation of capital expenditure, potential contracts and service projects (NPV, IRR, Payback period, Cost of capital) Financial strategy Evaluation of contract pricing alternatives; tender and contract evaluation and negotiation when required Ensure streamlining of service providers across the group, by sharing learnings and successful cost saving measures implemented Staff Management Managing staff (timekeeping and 6 monthly performance appraisals) Monitoring team capacity and flagging when recruitment needs to take place Attendance and completion of interviews for relevant staff members per allocated legal entity Ensure team is trained on latest accounting standards and completes at least 5v trainings per annum, in line with roles and responsibilities Two weekly check-in meetings with the finance team, to track progress and provide feedback to the team Monthly one on one sessions with each team member, to provide feedback on KPA’s and track progress of PDP plan Working capital control Implement, maintain and oversee debtors control procedures (account creation; maintenance, pharmaceutical r regulatory compliance, debtors risk assessment through credit checks; debtors’ insurance). Review and approval of all payments to be made per legal entity, ensuring the following: Payment is procurement policy and contract Payment is completed on scheduled date Ad-hoc payments are made every two weeks, in line with payment schedule implemented by the finance team Weekly monitoring and review of Debtor’s age analysis, per company coupled with resulting actions on overdue accounts Weekly updating of the cashflow forecast and payment schedule per company Weekly monitoring and review of Trade payable age analysis and updating of cashflow forecast as a result. Enforce controls over all assets within the allocated company. This includes the process of purchasing, issuing, tracking and counting of assets. Taxation Preparation of provisional tax calculations and filing the return on e-filing before the due date Preparation of annual income tax calculation and filing the return of e-filing before the due date Engage consultants for assistance with tax queries and statutory submissions, where internal expertise is still to be developed Other Ad-hoc requests and tasks as per the Group CFO/COO/GCM Drive and execute ad hoc finance projects QUALIFICATIONS Accounting Degree CIMA Qualification EXPERIENCE 3 or More years post article experience as a manager Experience in Pharmaceutical Distribution and Warehousing including arrange logistical and distribution fees with suppliers SAIPA TRAINING REQUIRED Sage VIP MS Excel Power BI/QlikView or other Business Intelligence tools COMPETENCIES Solution orientated Staff management Self and time management Planning and organizing Cost Control Stock Management Business Acumen “Medipost Holdings is committed to the promotion of employment equity within the workplace which is a driving factor in all recruitment decisions” Medipost further encourages and welcomes applications from persons with disabilities in creating a diverse and equitable workplace” Closing Statement: “We are committed to building a team that represents a variety of backgrounds, prospectives and skills, the more inclusive we are the better our work will be. Should you however not hear from us within a period of 2 weeks, you can consider your application unsuccessful” “MediPost Holdings does not charge any fees at any stage of the recruitment process. Applicants are advised to be vigilant against fraudulent recruitment activities. Under no circumstances should any payment be made to secure a job offer with Medipost” #J-18808-Ljbffr