REPORTING TO : FINANCE MANAGER

DEPARTMENT : FINANCE

LOCATION : SEIPL

COMPANY VISION: To be the LION of the Plastics Industry in Africa

COMPANY MISSION: To achieve our vision we will

Build a Best-in-Class Company with A-Players who live our Core Values, apply Lean Excellence in all Processes, invest in Market Leading Technology, practice Great Governance

Become a Market Share Leader with Focus on Creating More Value for Customers, Fanatical Customer Relationships & Market Leading Product Innovation; and Focus on Market Share of Profit & Cash Flow, not just Sales & Tonnage

Reach Customers Across Africa by Building a Strategic Network of Manufacturing Hubs & Partner Spokes to serve customers across Africa; and Becoming an Export Oriented Business with Strong Local Presence in each Country

Verifies of coding and classification of materials receipts, issues and transfer vouchers; Prepares monthly, quarterly, and annual budget and cost statements; assistance in making professional decisions concerning the accounting treatment of complex and unusual financial transaction encountered. Responsible for providing accounts & finance related services in order to ensure effective, efficient and accurate financial and administrative operations. The Senior Accounts Officer must comply with established accounting policies and procedures.

Duties and Responsibilities

• Analyses the financial records to verify they are compliant with accounting standards set by federal and provincial governments.

• Set as per the standards

• Update of books of accounts on daily basis by posting with utmost accuracy daily production, Import purchase with landed cost workings, daily sales etc.

• Monthly report showing summary of figures tallied with other departments.

• Check and reconcile Production variances and yields analysis and interpretation of cost variances regularly

• Completed Month end check lists

• Tracking expenditures, verifying cost and expenses, Verifying

• Generate profitability report by customer, product, and product group 

• Profitability report

• Closure of books of accounts on monthly basis by passing necessary closing JV’s, provisions, prepaid expenses, booking of interest, accruals etc.

• Deadline – submission of the accurate accounts to FM by 1st   of succeeding month

• Track Production Order costs from start to completion

• Documentation, and records

• Preparations of timely and accurate monthly/quarterly management reports as required Deadline – submission of the accurate accounts to FM by 1st of succeeding month

• Review costs for all external inventory, labor, and material purchases, analyze and recommend costs and cost savings. Review costs

• Ensure SYSPRO transactions are on real time, accurate and Complete by reviewing reports of all module on a daily basis Up to date transactions

• Ensuring preparation of daily banking and circulation of Daily Bank Balance to all concerned Circulation of Daily Bank Balance report on Telegram

• Comply with Generally Accepted Accounting Principles (GAAP) for financial statements Comply with GAAP

• Payroll Administration – co-ordination with the HR manager to receive OT for all the employees and to do the necessary to confirm the payroll information to centralised payroll team

• Deadline – submission of all payroll related data on Google drive by 21st of every month.

• Assist in audits and general ledger preparation, forecasts and plans future purchasing costs according to fiscal needs. Forecasts and plans

• Verify reasonableness and accuracy of unrealized exchange loss & Interest calculated on SYSPRO Before month end period close Confirmation on email for verification of the interest calculations

• Ensuring regular cycle count and update to SYSPRO System. Coordinate Periodic Physical stock take of all items on quarterly basis or agreed time interval and perform stock take procedure and reconciliation on SYSPRO Monthly completion of Stock take on SYSPRO

• Analise actual Vs budgets, preparing periodic reports that compare budgeted costs to actual costs; Reports submitted Monthly

• Present cost estimates and budgets for new purchases, accurate record and update existing and new purchased materials and goods. Cost estimates & accurate record

• Make sure WIP valuation balances are cleared timeously and daily WIP reports are reviewed to ensure accuracy Clear WIP Variance report

• Review the completeness of financials before month end period close for all modules Month end checklist completed before period cut off

• Maintenance of Fixed Assets Register & Depreciation schedules. Oversee the Equipment/Asset register is completed and kept on file Fixed Assets register is up to date & Depreciation charged to the accounts is in line with tax regulations.

Disclaimers:

This Job Description should not be interpreted to be a complete list of all the duties and responsibilities performed by the jobholder. To maintain organizational flexibility, management has the discretion to add, drop or change at any time the duties, responsibilities and expectations of this job.

This job description does not constitute an offer of employment, continuous employment or an employment contract. We are an at-will employer and either you or the employer may terminate the employment relationship at any time, for any legal reason or for no reason.

PROFILE DESCRIPTION

CORE VALUES

• BE AUTHENTIC so our partners can depend on what we commit to

• DO THE RIGHT THING even when nobody is watching

• BE HUMBLE to unlearn, learn and improve every day

• KEEP IT LEAN by being frugal, fast, simple, resourceful & proactive

• BE WORLD CLASS TOGETHER with a passion for leading in the plastics & packaging industry

CHARACTERISTICS

• Passion for Company, Customers and Employees

• Straight Shooter - no politics, no nonsense, no drama, no backbiting

• High Standard of Personal Integrity - to your own profession, your company, your family and your own personal reputation

• Assume Responsibility - don't wait to be told what to do, always think what is best for the company and act, be ready to justify own actions

• Professional Management style & follow Company Processes

• Entrepreneurial Mindset with Self Initiative - come with an existing set of relationships & personal network in the plastics industry

• Thirst for Learning - demonstrate a passion & desire to learn our business, and anything that can improve the business & your ability to contribute

• Action & Execution Oriented with a Sense of Urgency and Frugality

• Aggressive & Target Oriented with Commercial Acumen, and Profit Driven Approach

• Overachiever - always go the extra mile

• Under promise & Overdeliver - never miss targets

• Team Spirit - grow together as a team to be world class

• Believe in World Class - represent the company’s vision in your personal actions

Job Requirements

ACADEMIC & PROFESSIONAL QUALIFICATION

• Degree in BA/Accounting. Member of recognized professional accounting body ACCA/CA/CIMA

RELEVANT EXPERIENCE

• Minimum 4 years of experience in finance and accounting in a large to medium size manufacturing company, one year of which are in a managerial position

• Working experience on a progressive ERP especially on FI and CO modules.

• FRS knowledge. Good Communication and Analytical Skills

• Computer literacy in Microsoft Word, Excel, Power Point & Accounting packages

How To Apply

Interested and Qualified Applicant can apply through THIS LINK
Note: Don't Forget to Merge all the Necessary Files in one PDF Format