Corporate Accountant

AVI Limited is home to many of South Africa’s leading and best-loved brands! Listed on the Johannesburg Stock Exchange and centred on the FMCG market, AVI’s extensive brand portfolio includes more than 50 brands. Our brands span a range of categories including: hot beverages, sweet and savoury biscuits and snacks, frozen convenience foods, out-of-home ranges, personal care products, cosmetics, footwear, accessories, and fashion apparel. We have a well-developed Shared Services structure spanning: International, IT, Finance, Logistics, Marketing, Procurement and Field Marketing, that allows us to take advantage of our scale. Our single-minded purpose is our brands growth and development.

AVI is looking to recruit a Corporate Accountant responsible for the administration and accounting of the AVI Group share incentive schemes, the financial accounting of selected AVI Corporate entities as well as the administration and accounting of the Group’s aircraft.

The position is based at AVI’s head office in Illovo (Sandton), reporting to the Group Financial Manager.

The objective of this role is to provide consistent and high-quality management information to the Senior Group Accountants and AVI Group Financial Manager.

Core Responsibilities Group share scheme administration and accounting

• Processing of share trades on behalf of participants
• Day-to-day liaison with various stakeholders (share scheme administrators, payroll etc)
• Maintenance of share scheme databases
• Share statements prepared and sent to participants twice a year
• Assistance with year-end audit queries

Finance and Administration function of the AVI Corporate Office

• Day-to-day management of the fixed asset register
• Day-to-day liaison with various stakeholders (creditors, payroll, Inter-company debtors, administrative vendors etc)
• Weekly cash flow forecasting and cash flow management
• Maintenance of corporate entity accounting records (general ledgers and trial balances), which includes:

• Preparation and processing of monthly journals
• Preparation of the cash book and monthly bank reconciliation
• Preparation of the monthly trial balance and the financial reporting packs
• Preparation of key monthly general ledger reconciliations

• VAT reconciliations and submissions
• Reconciliation and payment of creditors
• Processing, reconciliation and charge out of monthly intercompany transactions
• Preparation of annual budget and quarterly forecasts for corporate entities
• Preparation of year-end financial reporting packs and reconciliations
• Preparation of annual financial statements
• Preparation of tax packs and tax returns (including provisional and final tax computations)
• Preparation of Trading Update estimates for corporate entities
• Liaising and managing external audits
• Assistance with management reporting
• Monthly accounting and processing via SAGE Pastel

Aircraft administration and accounting

• Day-to-day management of the individual expenses and costs spent per flight
• Day-to-day liaison with various stakeholders (creditors, pilots, BU accounting teams, etc.)
• Monthly reporting of all expenses per flight
• Preparation of reconciliations between details reports and month end trial balance
• Posting of cash book and aircraft monthly journals
• Annual preparation of the assumptions for the budget year
• Preparation revenue invoices to on-charge subsidiaries aircraft usage

Skills And Knowledge

• Knowledge of operational finance and management accounting principles
• Knowledge of financial processes and the full accounting function
• Knowledge of share scheme administration
• Proficient computer skills (Excel)

Experience

• Previous experience with an extensive accounting function and financial processes
• Previous experience with share scheme administration
• Knowledge of Pastel Accounting package will be advantageous

Qualifications

• BCom Accounting or Financial Management degree