Financial Accountant
Financial Accountant
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Biovac strives to respond to the vaccine needs of the developing countries specifically South Africa and Sub
Saharan Africa. This is a particularly exciting time for the company as it continues to grow strengthen and build
on its success and further develop its capabilities products services and market diversification.
QUALIFICATIONS NEEDED:
Bachelors degree or diploma in Financial Accounting or equivalent.
CA(SA)
Recognition is given to Prior Learning and practical experience
NECESSARY EXPERIENCE & INDUSTRY KNOWLEDGE:
Completed Articles
3 years experience in a financial accounting role
Experience in a manufacturing concern or a company with a high level of fixed assets and project activity.
Working knowledge of SARS (VAT & Income Tax) related legislation.
Experience in having faced successfully external audits.
SAP Experience
Reporting skills in excel and powerpoint.
KEY DUTIES & RESPONSIBILITIES OF THE ROLE:
Financial Accounting Function
Lead monthly financial reporting processes including preparation of shareholder board and stakeholder reports with variance analysis
Oversee monthend close activities: review accruals tax and deferred tax entries intercompany transactions revenue invoicing and other journals for accuracy and completeness. Approve journal entries in SAP ensure that journals contain adequate supporting documentation.
Work with Risk and Compliance to ensure that adequate insurance is in place for Inventory and Fixed Assets.
Liaise with technical accounting and Tax consultants to ensure that treatment of intangibles relating to project activity.
Prepare monthly cash flow statements including 3month forecasts. Liaise closely with the Financial
Planning and Analysis team to prepare a rolling 12month cash flow forecast
Ensure accurate completion and timely filing of statutory tax returns and other compliance reporting
Review and update Financial Accounting policies drive implementation and adoption of policy updates across the business. Ensure that accounting standards are applied correctly liaise with technical consultants to develop memos and working papers where required.
Oversee internal control within the department test policies and work instructions to ensure that the are relevant and appropriate.
Audit and Annual Financial Statements
Lead the teams audit response track the audit requests drive deliverables and ensure that queries are resolved timeously. Coordinate the team and ensure that all team members and sections are audit ready.
Maintain the client assistance list ensure that all reconciliations and supporting schedules are complete before the annual audit starts.
Review accounting policies and ensure that policies are applied as specified. Update policies where required.
Main liaison with audit manager ensure that all teams are aligned with audit expectations.
Prepare the Financial Statement workings for Biovac group and company
Coach graduates and other team members on the preparation of the subsidiary Financial Statement workings..
Treasury Management Funding and Tax
Ensure that tax returns are filed for Biovac and its subsidiaries liaise with tax consultants to ensure that special allowances are claimed and that adequate supporting documentation is in place.
Attend to SARS queries as required.
Actively manage cash flow via cash flow forecasting. Monitor and report on cash usage and balances for Biovacs base business funded projects and unfunded projects. Investigate solutions to manage exchange risks and excess cash.
Funding due diligence exercises ensure that all Financial Accounting deliverables are met.
Monitor and report on funding covenants attend to all Funder reporting requests and requirements.
Application Deadline: 06 June 2025
If you do not receive a response from us within two weeks of submitting your application please understand that your application was not successful.
Disclaimer:
Dear Applicant we appreciate your interest in joining our organization. It is imperative for us that you understand how we handle your information. We are committed to ensuring the security and confidentiality of the information you provide.
Your personal details will be collected for the sole purpose of the application process and will be used strictly for that purpose. By applying you acknowledge and consent to the collection use and protection of your personal information in accordance with our privacy policy. If you have any inquiries or concerns our Human Capital department is available to provide clarification.
We look forward to reviewing your application.
Employment Type
Full Time
