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
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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