Financial Accountant
FedEx Express
Total des années d'expérience :20 years, 5 Mois
• Preparation of monthly recons to ensure that these are accurate and up to date.
• Bank recons - in control of the bank recons and also to streamline the process.
• Creating a Standard Operation Procedure document (SOP): This had to be up to the ISO standard, both externally and internally. The main objective for an SOP is to ensure business continuity.
• Month end duties: Month end duties consisted of:
o Accrual process: ensuring all accruals are adequately raised
o Trend (Variance) analysis
o Ensure that month-end is closed accordingly. Month-end close is 2 Working days.
o Completion of close checklist,
• Annual financial statement preparation on CASEWARE: Complete preparation of financial statements in accordance with IFRS,
• Consultation with external and internal auditors
• USGAAP to IFRS reconciliations
• Reviewing supplier contracts from a finance perspective
• Review reconciliations which have been handed over
• Training new staff members
• Bank approval: provision of approval of bank transactions required
• Report GUESS figures: this involves communication and unusual or significant profit and loss items
• Quarterly Equipment lease schedule
• Payroll coding: this exercise was required to eliminate the need for payroll reconciliations and control accounts
• Processing journal entries - FCOE Peoplesoft ORACLE ERP
• Timely and accurate Financial Reporting to Head of Finance
• Compliance to internal controls on a daily basis during the performance of daily functions.
• Always adhering to company policy and maintain a high level of quality of corporate governance and ethics for the company.
• Full maintenance and control of GL: this is achieved by maintaining daily functions as outlined above.
• Implementation of improved processes
Identify risks associated with projects, providing risk assessment and controls(Strategic Projects: Authenticated Collections; Apollo; Business Directory and a few others)
Review policies and procedures around test policies.
Governance audit
Quality of documents are within FirstRand standards and projects follow appropriate Governance standards,
Identify areas of improvement regarding governance requirements and assisting project teams to deliver the required standard of documents and ensure the Governance Framework is adhered to
Fraud awareness
fraud considerations surrounding account level usage
Preparation of consolidated monthly and quarterly CRO reports(project specific)
Report at Exco level on various findings and risks surrounding projects
Deployment to eBucks for +- 6 weeks, in this time I was assigned to complete the BCP for a National Blackout, I was also involved in assisting with the completion of the Risk Assessment for the Botswana PayPal project and attending most project meetings. I was on hand to assist with ad hoc requirements as needed.
Attend Capital Management quarterly meetings with the board of Directors.
Reason for leaving: The role was not in-line with my capabilities and the Pension Fund industry was not aligned with my long term goals.
DUTIES:
Perform accounting function (Reconciling the cashbook and other clearing accounts, prepare the investment reconciliation on a monthly basis, updating the expenses account with related expenses, processing annual/monthly adjustments to accounts, preparation of cash flow statement for trustee meeting purposes, preparation of investment instructions on a daily basis)
Prepare annual financial statement for audit purposes for funds year-ends
Prepare additional documents and schedules for the purpose of the audit (accruals list at year end, debtors/creditors working papers to support the financial statements, supporting working papers such as member and employer contributions, benefits in respect of members, year-end investment summary)
Prepare certain investment schedules for year end in relation to funds which contained segregated investment portfolios which are integrated into the annual financial statements.
Monthly reconciliations and payments of reinsurance fees and administration fees.
Preparation and submission of quarterly submissions to the South African Reserve Bank (SARB) on all funds managed.
Reason for leaving: Three year articles (SAICA) contract completed
DUTIES
Performance of planning and completion of audit engagements including the
identification of both financial and non-financial risk areas and assessment of the
risks identified for review by manager/partner, completion of all completion related
sections as well as various completion reports for review by manager/partner. At PKF a Risk based approach was adopted when performing audits.
Preparation of audit budgets and audit team work allocations.
Supervision of junior and intermediate engagement team members as well as review
of audit work performed by junior staff to ensure timeous completion of all audit work
required to be signed off.
Effective management of junior and intermediate engagement team members and other resources available throughout the engagement.
Performance of various audit field work for review by manager/partners.
Drafting financial statements (balance sheet, income statement and statement of equity) with the assistance of audit/accounting software.
Preparation of management reports to client directors as well as provision or recommendations to clients for weaknesses in operations/controls identified during the engagement.
Reporting to supervisors, managers and partners on an on-going basis.
Analysing financial statements(balance sheet, income statement and profit and loss - P&I analysis) and researching clients industries in order to identify potential audit risks.
Corresponding on a professional basis with clients’ employees, management and directors on a continual basis.
Ration analysis and trend analysis based on the financial information provided by the entity.
CLIENT PORTFOLIO (CONSISTS OF THE LARGER CLIENTS THAT I WAS INVOLVED WITH, NOT A COMPLETE LIST)
LISTED CLIENTS:
Comair Limited - Listed airline and affiliated to British Airways
Film Lab Post Production - A division of the Sabido Group
Caxton Head office - Listed Media house
Megatron Federal - A division of Ellies Limited
OTHER ENGAGEMENTS (NON LISTED OR PART OF A GROUP OF LISTED COMPANIES)
Kemtek Printers - Suppliers of printing machines and consumables
Drift Super Sand - Sand mine
Boardroom Alliance - Placement of Professionals in Executive Positions
Reason for leaving: Full time job became too demanding and hence time availability was limited
DUTIES:
Assist with the accounting function (Reconciling the cashbook, updating the expenses account with related expenses, recording of income received from tenants, invoicing tenants for expenses that should be allocated to them, processing annual adjustments to tenants levy accounts in terms of actual electricity used and exclusive use area expenses for the year as well as the annual budget)
Prepare annual financial statement(balance sheet, income statement, maintenance and repairs schedule) for audit purposes
Prepare additional documents and schedules for the purpose of an audit (accruals list at year end, debtors list at year end, supporting vouchers relating to expenses)
Preparing and distribution of levy statements
Maintenance of general ledger accounts
Reviewing invoices for payments
courses: SAICA Initial Test of Competence 2013 (Board/QE1) Accounting Professional Training(APT) 2013 Public Practice Examination 2013(Board 2/PPE
Subjects passed: English, Afrikaans, Mathematics (SG), Science (SG), Geography, Accounting.