Financial Accountant (CA) – Tobacco Sector

Sep 27, 2020 | Middle Managerial Positions, Support Roles & Other Positions

Applicants applying for this role should be able to commence work immediately or within 2 weeks This role is urgent. 

Chartered Accountant – Articled Trained with any of the big 4 CA firms preferred. 

The role reports to the Financial Controller and is responsible for 

Budgeting & Forecasting 

  • Preparation of annual budgets, including operating and capital expenditure budgets within timeframes stipulated by Head Office

Reporting 

  • Preparation/reporting of monthly financial results in strict accordance with Group deadlines.
  • Preparation monthly payroll journals and monthly payroll reconciliations.
  • Preparation of monthly journals for accruals and provisions.
  • Collate all relevant information to produce end of year statutory accounts within set reporting deadlines.
  • Updating Weekly cashflows with actuals.
  • Monthly intercompany reconciliations and confirmations.
  • Monthly review of the general ledger to ensure there are no misallocations of expenses. 

Fixed Assets 

  • Reconcile the balance in the fixed asset ledger to the summary-level accounts in the general ledger;
  • Review depreciation calculation for all fixed assets;
  • Conduct bi-annual impairment reviews.
  • Track expenditure for fixed assets in comparison to the capital budget and management authorization;

 Regulatory & Statutory Compliance 

  • Preparation of income tax returns and year end annual returns.
  • Preparation statutory returns and submit them to the Financial Controller before due date.
  • Monthly reconciliations of VAT 7 returns are reconciled to the monthly management accounts which form the basis for the ITF12C.
  • Reconciliations of all tax head balances per the General Ledger and the balances per ZIMRA. 

Policies, Procedures and Internal Control Environment 

  • Assemble information for internal and external auditors and ensure that audits are concluded within set deadlines.
  • Provide administrative and other support to management as requested.
  • Such job-related responsibilities as are assigned to the position from time to time. 

This role offers good salary and payment – Email  mirriam@valcol.co.zw  or colin@valcol.co.zw