Rafeeq Erasmus

Annual Budget
Budget Revisions - including Forecasting of Expenditure to Year-End
Monthly Commitment Report
Monthly Cost Control
Invoice Verification
Review Contracts involving QAN
Review procedure for Invoice processing
Cost Allocation
Production Cost Variance Analysis
Verify entries on SAP and request re-allocation of costs
Adhoc Financial Management advice

1. Prepare and enter monthly accruals on SAP/R3
2. Stock Reconciliation - Obtain closing stock quantities, local and overseas locations, and do the necessary entries on SAP/R3
3. Draw up the Monthly Management Accounts - includes variance analysis (price, quantity, exchange rate) of revenue and costs, Financial Statements (monthly, comparative & cumulative), etc.
4. Long Term Forecasting - update the financial model with latest information (actual results as per the monthly management accounts) and change the economic factors having an impact on costs, revenue, provisions, assets and liabilities.
5. Year-end calculation of standard costs of all products.
6. Assist with and take part in the year-end stocktaking exercise - Finished Products.
7. Provide Information for Annual Financial Statements to Financial Accounting Department at Year-End- Assists with reconciliation of Management Accounts and Financial Statements.
8. Assist External Auditors with the yearly audit.
9. Board Papers for Board of Directors Meeting - draw up Financial Statements to be included.
10. Consolidated Financial Statements - on the merger of Mossgas and Soekor into PetroSA.
11. Financial Modeling (using model mentioned in point 4 above) - do what-if analysis as requested periodically by senior management, reconcile financial model with economic model.
12. Key Performance Indicators - calculate financial KPI ’ s, obtain other KP I ’s and prepare for presentation.
13. Prepare PowerPoint Presentation of the monthly financial results for the Financial Manager.
14. Provide Tax Accountant with detailed costs information for preparing tax returns.

Teach Accountancy
Administration of School Finances
Plan and Administer Accountancy Teaching for all groups
Lead team of Accountancy Teachers
As part of senior staff, plan and maintain discipline
Teach Accountancy to night school learners - adult learners
Assists with planning of school fund raising activities
Plan and execute prudent financial procedures during fund raising events