SENIOR FINANCIAL ANALYST Permanent

*Purpose of the Job:  *To ensure that the departmental accounting systems, policies and procedures are being implemented. To verify the validity, completeness, integrity, and accuracy of financial information for both revenue and expenditure. Deliver a strategic partnership to the business: - * Analyse financial information * Provide robust financial control to optimise performance for decision making * Act as a strategic advisor to the business * Seek new opportunities for the business to become efficiency focused, i.e. agile decisions, automation of processes, digital footprint opportunities on a proactive basis *Main Responsibilities* * *1.     **Cost of sales activities* * *2.     **Month end closing and reporting activities* * *3.     **Process creation/maintenance* * *4.     **Reporting * * *5.     **Cost Savings / Efficiency Focus* * *6.     **Perform any other related duties as requested by Management* *Tasks* * Identify the relevant sources to account for relevant cost of sales items. * Define specific information required from sources to account for costs in accordance with IFRS. * Implement the processes required to produce cost/revenue information on a monthly basis. * Identify, implement and perform required controls in the processes to ensure accurate information is produced on a monthly basis. * Determine and implement control indicators to validate monthly information during the reporting cycles. * Communicate accrued amounts to the Business Partners and/or vendors for invoicing. * Review accuracy and allocation of invoices that were allocated * Investigate any possible over/under accruals and amend future calculations methods, processes or information to ensure accurate accruals. Liaise with the business partner on this process * Ensure all reversing journals reversed correctly from previous month. * Validate monthly information received by reviewing control indicators. * Identify any discrepancies and investigate the root cause with source systems * Calculate unearned revenue release or deferral at month end. * Calculate and account for any relevant discounts. * Review reconciliations for all revenue and expense accounts * Investigate any discrepancies and alert Financial Reporting team with any late adjustments to revenue figures and/or cost figures * Balance intercompany before trial balance close deadline. * Analyze current month revenue and cost numbers against budget and prior month figures. * Provide logical explanations for movements against budget and prior month figures. * Populate supporting information relating to revenue and cost drivers. * Perform/review reconciliations for relevant General Ledger accounts * Ensure that all balance sheet accounts are accounted for all balances are accurate * Ensure that write offs are done timeously * Review all supplier reconciliations * Review all customer reconciliations * Evaluate the need of official processes/procedures for the tasks under responsi