Website RCL Foods
RCL Foods is one of South Africa’s largest consumer goods and milling companies, producing a wide range of branded and private-label food products. The company was founded in 1960 and is headquartered in Westville, KwaZulu-Natal. The company uses its subsidiary, Vector Logistics, to distribute both its own products and those of other food manufacturers across Southern Africa.
Job Description
RCL FOODS is on the hunt for an experienced National General Ledger Clerk to join our Finance team, based at our Westville head office in Durban.
- The successful incumbent will be responsible for the maintenance of the General Ledger.
Minimum Requirements
- 2 to 3 years general ledger experience
- Relevant SAP experience.
- Diploma (NQF 6) in Finance or related field.
Duties & Responsibilities
General Ledger Reconciliations
- Prepare monthly reconciliations of General Ledger accounts within deadlines.
- Analyse Monthly General Ledger Reconciliations to ensure that all reconciling items are valid and that there are no unusual items on the reconciliation that need to be re-allocated.
- Consolidate at National Head Office Reconciliations for GL accounts that are also used by the regional teams
- Ensures that year-end reconciliations/schedules in support of specific General Ledger accounts are completed.
- Compile ad hoc spreadsheets and analysis when required.
- Prepare and complete reconciliation of Inter-company accounts and follow up on queries/reconciling items.
- Update exchange rates in SAP daily
Invoicing
- Capturing of invoices, ensuring appropriate approval and PO received beforehand.
- Process authorized credit notes.
- Distribute all invoices & credit notes.
Journals
- Review all journal entries received and ensure that all journals are appropriately authorised before capture
- Capture normal and accrual journal entries, including routine monthly transactions, re-allocations and provisions, ensuring correct account allocations.
- Capture all F-02 journals entries prepared at Head Office and
- Prepare and capture ad-hoc journal entries as required by the GL Accountant.
Consignment stock
- Oversee and manage the consignment inventory and sales interface system.
- Weekly meetings with the relevant teams to validate and confirm consignment stock balances (cut-off reports).
- Prepare stock recons and circulate to the commercial managers for review.
- Prepare monthly journal entries and investigate variances.
- Liaise with IT supporting team to solve queries timeously.
- Maintain relevant general ledger balance sheet reconciliations.
