Financial Settlements Specialist

3 weeks ago


Pretoria, Gauteng, South Africa People Dimension Full time

Job Title: Financial Settlements Specialist

About the Role:

We are seeking a skilled Financial Settlements Specialist to join our team at People Dimension. As a key member of our finance department, you will be responsible for ensuring accurate and timely settlement of slaughter batches with suppliers.

Key Responsibilities:

  • Liaise with the Production Department to confirm negotiated prices with suppliers and ensure these prices are used in settling slaughter batches on the production system.
  • Responsible for circulating slaughter settlements statements to suppliers to confirm the amount to be paid in line with payment terms.
  • Coordinate the entire workflow process in sourcing all required financial information and obtaining relevant tax invoices or self-invoicing agreements.
  • Implement a system to ensure applicable suppliers have duly executed self-invoicing agreements in place to ensure SARS compliance.

Payment Preparation:

  • Act as a final check before payments are affected to suppliers, preparing the payment reconciliation and ensuring the amount payable agrees to the settlement statement.

Financial Control:

  • Develop and maintain appropriate internal control safeguards specific to the role.
  • Contribute to the governance and control of all financial procedures and processes, including GAAP, IFRS, and Companies Act for all companies in the group and subsidiaries.
  • Contribute to annual audit as and when required.

Requirements:

  • Grade 12 with accounting as a subject.
  • 2 years of relevant financial experience.
  • Experience working within an FMCG environment is an advantage.

Additional Requirements:

  • A valid driver's license and reliable vehicle.


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