Website South African Breweries (SAB)
South African Breweries (SAB) is the largest brewer in South Africa and a major business division of the global beverage giant, Anheuser-Busch InBev (AB InBev).
About South African Breweries (SAB)
South African Breweries (SAB) is the largest brewer in South Africa and a major business division of the global beverage giant, Anheuser-Busch InBev (AB InBev). Founded in 1895 during the Johannesburg gold rush, it has a long history as a key player in the country’s economy and is known for its wide portfolio of popular beer brands.
The key purpose of this role is to oversees information processing to ensure that the Business Service Centre operational excellence and customer service objectives are achieved. To ensure accurate reporting and appropriate governance of all elements contained on the balance sheet, continuous improvement review and implementation for all processes housed in working capital. This position performs daily activities related to the maintenance of the treasury transactions across various systems, including IT2 and SAP standards. Treasury is the custodians of cash in a business, they control the liquidity and involves financial risks in a business. Its priority is to develop its long-term financial strategy and policies.
Key Roles and Responsibilities:
- Financial controllers are responsible to account for all treasury activities. Back-office deal verification and middle office accounting.
- Ensure journals have been processed correctly in IT2 or Treasury related systems, with matching deals; resolve any identified issues and correct the accounting transaction or the treasury deal, as required. Preparing and uploading journal entries and accounting for various transactions including interest, derivatives, and hedges. Engage with various stakeholders to resolve issues.
- Maintenance of the bank account in the accounting system, including the allocation of banking transactions as required. Perform various reconciliations.
- Perform month end and year end activities: General Ledger Close, General Accounting, Journal and Balance Sheet Reconciliations, and preparation of other financial information for internal and external reporting or tax accounting purposes.
- Assist the team to meet weekly and monthly targets and all relevant SLA’s and KPI’s. Ensure adherence and proper documentation for MICS and SOX. Establishing and enforcing proper accounting methods, policies, and principles internally in line with global policies and externally regarding financial reporting standards.
- Provide customer support and respond to requests and accounting-related inquires for intercompany processes, including intercompany reconciliations and investigations.
- Adhere to internal control protocols and provide information as required for internal and external audit. Prepare, maintain and archive documentation to satisfy audit and statutory requirements. Providing ongoing financial accounting technical & business support to the zone for the balance sheet.
- Share information as it relates to business requirements. Help the team and Team Lead in identifying process improvements, excellence, and process efficiency opportunities. Present to the Team Lead key challenges, insights, and workarounds. Trouble shoot issues and share improvement ideas with Team Lead. Maximize efficiency and effectiveness of process area, as the Subject Matter Expert for the process.
- Maintenance of role training documentation. Assisting in knowledge transfer to new employees within the role. Assist and train users in completion of relevant processes.
Key Attributes and Competencies:
- Strong process knowledge.
- Able to work on own initiative and prioritize workload effectively.
- Ability to build productive working relationships – internally and externally
- Strong interpersonal/ business skills and time management skills.
- Ability to communicate effectively both orally and in writing.
- Excellent stakeholder management.
- Capable of being entrusted with “confidential” information
- Analytical approach / good problem-solving skills.
- Ability to be flexible with position duties and scope of work
- Ability to generate team cooperation.
Minimum Requirements:
- Degree in Accounting or related field.
- Computer skills (MS Office, Financial systems).
- End to end IT2 Treasury management system and HFM experience.
- 3 – 5 years prior related position experience required
To apply for this job please visit wd1.myworkdaysite.com.
