This role is responsible for accurate and timely financial data processing, analysis, and reporting to support meaningful financial statements. Key duties include preparing and reviewing journal entries, working papers, annual statements, as well as assisting with audits and year-end processes to ensure high-quality financial information for leadership assurance. Collaborate with business units to provide financial insights that support strategic decisions, cost optimization, and operational efficiency.

This role offers potential progression to positions such as R2R Manager or Finance Controller, supporting long-term career development within the organization.

KEY AREAS OF RESPONSIBILITY

1. Inventory

• Reconciling the Trial Balance to the Subledger and stock count reports and investigating the differences in collaboration with the Industrial Business Unit Team.
• Calculating and recording the Finished Goods Inventory Provision using the Aging report from the Operations Team.
• Monitoring the R&P Provision in collaboration with the BU Team.
• Calculate and report Inventory monthly DIO calculation.
• Attending Stock Counts and actively participating in stock reconciliation post count
• Reviewing the live and virtual locations, follow up on discrepancies to be resolved.
2. Fixed Assets Management
• Fixed Asset register management.
• Depreciation posting monthly & reviewing monthly depreciation runs.
• Review of useful lives as per the standard policies.
• CAPEX internal orders properly closed, and amounts transferred to Fixed Asset Register at close of CAPEX projects.
• Prepare monthly fixed asset recon and ensure accuracy of movements.
• Preparation of Fixed Asset and CAPEX reports for management.
• Creating and monitoring a system controls, procedures, and forms for the recording of fixed assets.
• Assigning tag numbers to fixed assets.
• Recording fixed asset acquisitions and dispositions in the accounting system.
• Conducting physical counts/ asset verifications of fixed assets.
• Identify and report on impaired assets.
• Preparing audit schedules related to fixed assets.
• Conducting meetings with Project Managers to track the statuses of the WIP projects.
• Maintaining intangible asset balances, including accuracy of amortization and historical accumulated amortization balances.

3. Accruals and Provisions
• Monitor and Manage balance sheet accrual postings, ensuring they are cleared timeously.
• Follow up on ageing accruals.
• Ensure there are accruals for various business expenses.
• Monitor and Manage balance sheet provisions, engage with various stakeholders to ensure there are sufficient provisions.

4. Reconciliations and Reporting

• Maintain balance sheet accounts and prepare accurate month end reconciliations with the correct supporting documentation.
• Key Performance Indicators (KPIs): Accountable for timely month-end close, accuracy of financial statements,
• General ledger operations and preparation of monthly reconciliations
• Posting of month-end journals, as well as other journals required during the month.
• Manage and oversee accrual and provision journal postings.
• Reconcile payroll liability control accounts monthly.
• Preparation of Monthly Management Accounts.
• Provide accurate information for quarterly Balance Sheet Review and Reporting.
• Monthly, Quarterly & Year End Closing. Application of IFRS, compliance and audit
• Ensure timeous clearing of Open items in the balance sheet and report on the open items KPI.
• Reconcile journals posted in the month and follow up on all variances and ensure accurate allocation of all expenses, accruals and provisions to the appropriate GL.
• Coordinate and/or work on special projects and ad-hoc reports as needed.
• Creating policies in line with internal control requirements.
• Assist with the preparation of the Annual financial statements according to IFRS
• Maintain meticulous attention to detail to ensure the accuracy and integrity of financial records and reports.
• Facilitate monthly balance sheet reviews and ensure action plans are closed
• Key Performance Indicators (KPIs): Accountable for timely month-end close, accuracy of financial statements, resolution of audit queries, and compliance with internal controls.

KEY REQUIREMENTS OF THE JOB

Qualification(s):

• B Comm Accounting Graduate with 5 years financial experience
• CA(SA) as an advantage

Experience and Skills:

FMCG experience an advantage

Do things your way, the way you work, the way you develop, the way you progress, it’s up to you.
Working here you will need to enjoy a fast pace, complexity and it can get a little challenging. But it’s packed with opportunities. You’ll work with some of the best-known brands in the world, Such as Nutriday, Yogisip, Inkomazi etc. We absolutely guarantee that you can just be yourself.
Be innovative and entrepreneurial and the impact you could make might just amaze you. Join our movement for a healthier world. One planet one health BY You. For more information about Danone, our divisions and culture, please explore careers.danone.com.

We offer a job which could easily turn in to a career in Danone. We believe everyone is born with superpowers, something which comes natural to you. We know this uniqueness is something which brings both excellence as well as energy, so we believe in all Danoner’s potential and when we build careers based on these superpowers and when we develop everyone’s potential to the fullest magic happens. This is how we like to see Talent Management in Danone.