Financial Settlements Specialist
3 weeks ago
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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