DUTIES/RESPONSIBILITIES

• Reconciliations for Payroll: comparing payroll data to general ledger entries and posting corrections where needed.
• Fixed asset register: creating assets, doing monthly recon between fixed asset register and GL entries, and doing depreciation runs on the system.
• Bank reconciliations: Salaries and suppliers’ bank accounts, identify where reconciling items exist, inquire about differences, and adjust for differences.
• Assist with monthly VAT submissions, monthly VAT reasonability checks, provisional and final income tax submissions.
• Assist with withholding tax submissions, with assistance provided.
• Intercompany balances: agree the balances, ensure that transfers were done in all the entities and adjust for forex movements where necessary.
• Prepare timeous accurate and comprehensive monthly cash-flow statements.
• Identify, analyse and report on primary variances between actual and budget in management report to ascertain monthly value of shorts measured against budget.
• Make recommendations on cost improvements and loss-making stores to optimise financial growth.
• Manage and monitor banking procedures to ensure adherence and identify deviations.
• Provide timely and accurate monthly and weekly analytical financial reporting to Financial and other managers.
• Prepare analytical reports for the management pack to report on back-testing from store viability studies.
• Report the recommendations based on the results of the analytical reports to ensure effective and efficient feedback.
• Prepare viability studies to ensure timeous and effective implementation.
• Monitor and maintain compliance through:
• Managing the internal financial control system.
• Maintaining Hungry Lion’s tax compliance by monitoring the rand value of tax penalties per annum.
• Monitoring and managing adherence to IFRS for SMEs / GAAP standards.
• Coordinate the internal control risk management processes for Hungry Lion.
• Plan, prepare and coordinate external audits to ensure unqualified audit results.
• Analyse and account for foreign exchange movements based on foreign payments made to suppliers.
• Assist the financial manager with ad hoc tasks, where needed.

REQUIREMENTS

• Eligible to register as a Chartered Accountant.
• CA(SA) with 1-2 years’ post-articles experience preferred.
• Intermediate to advanced Excel skills.
• Ability to navigate through a large amount of data, while analysing the data through Excel formulae and functionalities to assess the completeness, accuracy and validity of the data.
• Previous experience in performing payroll reconciliations is highly advantageous.
• Previous exposure to foreign exchange transactions, including but not limited to payments and intercompany transactions, would be beneficial.
• Capability to perform bank reconciliations for various bank accounts, such as suppliers, salaries and wages, and foreign currency bank accounts.
• Ability to work under pressure while delivering high-quality work.