A love for the sea and passion for fishing are the driving forces behind I&J, a leading fishing company and manufacturer of high quality chilled and frozen foods. Almost 110 years old, I&J is the trusted name in seafood, operating a modern
and efficient trawler fleet, and continually investing in the training and development of experienced fishing crews, committed to fishing responsibly, with a long-term vision. I&J has achieved and maintained accreditation from the Marine Stewardship Council (MSC) since 2004. I&J is a globally respected supplier of high quality, chilled and frozen Cape
Hake and a leading producer of farmed Cape Abalone. It is also one of AVI’s great South African brands. I&J is proudly South African and invests in, and empowers, the communities in which it operates.
An exciting opportunity has arisen for a Financial Accountant - Treasury and Assets at I&J, Woodstock, Cape Town. The purpose of this role is to ensure the accurate accounting and administration of the I&J Treasury function and Fixed Assets registers.
Line Manager: Commercial Finance Manager
Number of direct reports: 1
Job Specification:
Key Performance Areas:
Management of the accounting and administration of I&J Treasury
- Ensure that all Treasury payments and transfers are processed and released on time.
- Management of inputs for daily and 8-week cash flow forecast and review thereof.
- Monitor cash levels in bank accounts according to set guidelines.
- Raise monthly interest accruals on I&J Group bank accounts.
- Review and sign off of bank reconciliations for all I&J bank accounts.
Oversee and review the I&J fixed asset and accounting process - Tracking of asset acquisition and disposal workflows and follow up on open workflows.
- Provide a weekly status update to the Commercial Financial Manager on fixed asset movements.
- Review assets created and costs allocated prior to month-end for accuracy of masterdata and cost allocation.
- Oversee fixed asset register clean-up and maintenance process.
- Liaise with all finance managers for forecast and budget inputs and consolidate the inputs received.
Management of the inventory control and reconciliation process - Perform the financial checks and controls on a monthly basis on materials masterdata for accuracy and
- completeness.
- Manage and review stock age analysis & critical shelf life expiry dates.
- Review monthly report on co-packing stock and query material variances.
- Assist with budget and forecast stock calculations.
- Provide board reports on stock balances as required.
Leadership and effective management - Ensure proper talent management in team.
- Ensure that the vision, values and business direction are embraced by direct reports.
- Review performance regularly and give recognition where it is due and deal with performance issues.
Minimum Requirements: Experience: - Minimum 5 years’ experience within a financial accounting and financial systems environment
Qualifications: - Grade 12
- BCom Accounting Degree
Additional requirements: - Extensive work experience on SAP and Excel
- Overtime might be required during busy reporting periods
- Travel to various I&J sites around Cape Town CBD area
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