Financial Accountant - Rebates

Lactalis South Africa


Date: 1 day ago
City: Stellenbosch, Western Cape
Contract type: Full time
Role Purpose,

Join our Lacatalis SA. Lactalis is one of the major players in the Southern African Dairy Industry. This role will be r esponsible for the processing of Variable Rebates South Africa / P&L on all expenses.

, Requirements,

B.Com or equivalent

Good analytical skills

High accuracy and attention to detail

Good problem solving skills.

Ability to work independently and under pressure in a fast paced environment

Supervision And Rebates Mana Gement Experience Required

Must be computer literate, have integrated system experience and advanced excel knowledge will be

advantageous

, Duties and Responsibilities,

Generate rebate trading term templates for year for use by the sales team using Trade agreement system

Trading Terms submission templates (blank forms to the commercial team)

Monitoring of trading agreement submissions, approvals and adherence to LOA

Capture trading terms on Contract System and prepare related review files for S A

Make updates/corrections to the contracts in the system when the need arises

Create Item Views on contract system as needed, ensuring alignment to sales cube information

Assign system rights on contract system, managing terminations and changes

Maintaining item views on the Contract System when required (new products etc.)

Submit monthly/YTD sales to clients and check sales against the system payment for accuracy

Create provisions for Distributors, ensuring accuracy to delivery information

Create provisions for any new contracts and stopping/cancelling terminated contracts

Month end compilation of Shoprite systems vs Lactalis information, balancing of information, validating accuracy

Process results of Shoprite information on contract system, ensu ring month end accrual accuracy

Agent Commission calculation, creating of manual journal to create monthly accruals

Assist with Promotional and ad hoc expense invoices from customers;

Invoice verification

Raising and resolving any queries with the debtors/commercial team

Providing GL/expense allocations to debtors to process invoices on systems

Validations of accuracy of processing of debtors team to contracts, querying anomalies and assisting debtors /sales

team with escalation and solving of discrepancies

Ad hoc requests from the commercial team/debtors/management

Month End Duties

Validation and balancing of deductions on contract system interfaced to debtors system

Monitoring process to ensure deadlines are met by all parties to ensure financial month end closure (on time)

Monitoring existing reports that tests accuracy of accruals vs payments/deductions

Review payments vs provision

Validate differences, and determine reason for differences (by checking and validating processing and

claims processed at debtors)

Manage full month end process to close off contract system

Perform duties as pre set

Investigate anomalies

Prepare management reports to assist expense explanations (Rebate Manager / Management control)

Ensure balancing of contract system to ERP system journal, preparing and posting of journal, ensuring analysis

and audit trail to proof accuracy of integration

Preparation of any additional journals required, ensuring proof for audit purposes

Preparation and design of reports that will explain Financial results, and explanation of deviations to budget

Compile the balance sheet reconciliation files and preliminary review files for submission/authorization by rebate

manager

Growth Monitoring

Growth Tracking for all growth customers monthly / ensure accuracy of customers and agreements

Reconcile growth accrual vs balance sheet and contract system

Prepare growth pay ments for all qualifying growth customersOn boarding of new companies

Assist with planning of on boarding of new companies on all systems

Assist with set up of all systems for new companies / divisions

Assist with Internal and External audits

Assist rebate manager with information for internal and external audits appliable to duties as per job description
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