Financial Accountant
AVI Limited
Johannesburg, Gauteng
Permanent
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Posted 02 October 2024 - Closing Date 31 October 2024

Job Details

Job Description

AVI LIMITED is home to many of South Africa’s leading and best-loved brands! Listed on the Johannesburg Stock Exchange and centred on the FMCG market, AVI’s extensive brand portfolio includes more than 50 brands. Our brands span a range of categories including hot beverages, sweet and savoury biscuits and snacks, frozen convenience foods, out-of-home ranges, personal care products, cosmetics, footwear, accessories, and fashion apparel. We have a well-developed Shared Services structure spanning: International, IT, Finance, Logistics, Marketing, Procurement and Field Marketing, that allows us to take advantage of our scale. Our single-minded purpose is our brand's growth and development.

An exciting opportunity exists for a Factory Financial Accountant at NATIONAL BRANDS LIMITED Isando, Coffee and Creamer Factory.  The purpose of the role will be an integral part of the Finance function providing support to the Finance Manager, Cost Accountant, Finance Team and Site Management.  The incumbent is expected to be detail-oriented and able to analyse data, reconcile and report.

Reporting Line: Factory Finance Manager
Key Performance Areas:

  • Cost Accounting
    • Compare and report on standard labour hours planned vs labour hours actual
    • Manning review and maintenance of the manning tool
    • Assist with annual ABC costing budgets
  • SAP Processes
    • Oversee and assist with production manual confirmations on SAP and check-up on the error report
    • Sundry invoicing and credit notes
    • Review daily General Ledger accounts budget vs. investigate abnormal variances.
    • Assist with requisition processing of monthly commitments.
    • Cost centre management 
    • Manage SAP user access and risks on-site
  • Financial Accounting
    • Assist Financial Manager in internal and external audit review
    • Review & audit processes/procedures with entrenched financial/control risk on site
    • Timeous and accurate sundry customer invoice processing.
    • Timeous update and analysis of sundry debtors.
    • Ensure all operational expenditure is processed before month-end closures.
    • Process provisions/accrual journals where necessary
    • Assist in the administration and management of all non-production site contracts
    • Monthly, quarterly and annual preparation of budgets and forecasts.
  • Financial Reporting
    • Report on irregular variances that have been investigated.
    • Assist with the compilation of month-end and year-end reports.
    • Assist with yearly budget and forecast compilation and process.
  • Asset Management
    • Monthly maintenance, verification and reporting on fixed asset register.
    • Assist in CAPEX workflows for the acquisitions, transfer or disposal of fixed assets
    • Conduct regular audits on fixed assets to ensure the accuracy of the fixed asset register
    • Responsible for maintenance of site fixed asset register
    • Coordination of asset verifications half yearly and at year-end 
  • Stock Management
    • Assist with stock counts
    • Ad Hoc assistance to Cost Accountant
    • Assist with process order closure
    • Assist with product costing

Minimum Requirements:

Experience:                 

The successful incumbent should have experience in the following:                                                  

  • A minimum of 3 years in Financial Accounting
  • Must have worked in a factory/plant environment
  • SAP Asset management and stock management
  • Budgeting and forecasting

Qualifications:

  • BCom degree or equivalent financial qualification
  • CIMA would be an added advantage