An exciting career opportunity exists at Medipost Holdings for a Senior Financial Accountsant reporting to the Medipost Financial Manager. This position is based in Gezina, Pretoria. The purpose of this position is to administer and manage the Medipost Holdings financial health to promote success and growth while complying with legal and financial practices , so that all monthly and yearly reporting needs are met, including monthly management accounts, annual audit requirements, monthly and annual tax submissions and payment, working capital control, financial strategy, financial budgeting, profitability and cost control including minimizing of stock write-offs, segment reporting and profitability control, tender pricing for new business, maintain and / or improve BBBEE accreditation level.
MAIN RESPONSIBILITIES
Preparing and maintaining accounting records
- Ensure accurate accounting records are maintained for monthly and annual reporting
- Review of monthly journals posted by Accountants / Jnr staff
- Preparation of monthly intercompany loan account and other reconciliations and timeously follow-up on reconciling amounts.
- Enforce controls to mitigate and reduce financial risks across the business
- Enforce accounting / finance processes, models and procedures
- Upload and review ACB run for correctness, verify banking details and amounts payable.
- Review Major Creditors Recon
- Participate in inventory counts as backup for FM
- Implement automation of supplier’s reconciliations and payment uploads to the bank
Statutory and regulatory reporting
IFRS compliant accounting records for annual financial reporting and annual external auditPreparation of the requested audit documentation, 2 weeks in advance of the commencement of the annual auditEnsure successful execution and co-ordination of the year end and / Mid-year audit processesReview of VAT recons by the 15th of each month and submission of VAT returns by the last business day of each month on SARS e-filing.Submission of CIPC documentation within 30 business days after the anniversary date of the company’s incorporation date. This includes the completion of annual return questionnairesPreparation of management accounts
Preparation of monthly management accounts concluded on the 10th of each month. These include detailed reporting per cost center :Expense and profitability reportsIFRS vs management account analysisSharing financial analysis skills with GM’sPreparation of key KPI’s per monthReview of monthly balance sheet and Income statement reconPlanning and Budgeting
Preparation and input of annual budgets, per cost center, completed by 31 December 2025Monthly preparation of budgeting, 5-Year Forecasting, and Group long-term financial planning for allocated entities in the groupUpdating of rolling forecasts and real-time reforecasting for allocated entities in the group.Monthly monitor performance against budgets and strategic objectives, highlighting risks and opportunities to the businessMonthly maintenance of Revenue contracts on CMI and review % fees billed per the agreement compared to the invoice raised.Ensure monthly supplier data reporting is completed 2 days after statement closure dateEnsure all billing for services rendered is completed two business days after information is available / statement closure dateManagement of new projects profitability and relationships with operations teams to ensure smooth processPrepare ad hoc analysis per request from the business and present suggestions and findings to management for implementationProvide financial models, business cases, and scenario analyses to support growth and cost management, as requested by the businessMonthly reduction of OPEX through efficiencies implemented in the finance departmentMaintain and enforce strong internal controls, policies, and compliance with IFRS.Standardization and harmonization of financial processes across subsidiariesService Costing; Project / new businessappraisal
Allocation of overhead costs, activity-based costs, and break-even analysis in order to determine current and proposed service costs (for new business price offerings and tenders)Use investment appraisal techniques for the evaluation of capital expenditure, potential contracts and service projects (NPV, IRR, Payback period, Cost of capital)Financial strategy
Evaluation of contract pricing alternatives; tender and contract evaluation and negotiation when requiredEnsure streamlining of service providers across the group, by sharing learnings and successful cost saving measures implementedStaff Management
Managing staff (timekeeping and 6 monthly performance appraisals)Monitoring team capacity and flagging when recruitment needs to take placeAttendance and completion of interviews for relevant staff members per allocated legal entityEnsure team is trained on latest accounting standards and completes at least 5v trainings per annum, in line with roles and responsibilitiesTwo weekly check-in meetings with the finance team, to track progress and provide feedback to the teamMonthly one on one sessions with each team member, to provide feedback on KPA’s and track progress of PDP planWorking capital control
Implement, maintain and oversee debtors control procedures (account creation; maintenance, pharmaceutical r regulatory compliance, debtors risk assessment through credit checks; debtors’ insurance).Review and approval of all payments to be made per legal entity, ensuring the following :Payment is procurement policy and contract
Payment is completed on scheduled dateAd-hoc payments are made every two weeks, in line with payment schedule implemented by the finance teamWeekly monitoring and review of Debtor’s age analysis, per company coupled with resulting actions on overdue accountsWeekly updating of the cashflow forecast and payment schedule per companyWeekly monitoring and review of Trade payable age analysis and updating of cashflow forecast as a result.Enforce controls over all assets within the allocated company. This includes the process of purchasing, issuing, tracking and counting of assets.Taxation
Preparation of provisional tax calculations and filing the return on e-filing before the due datePreparation of annual income tax calculation and filing the return of e-filing before the due dateEngage consultants for assistance with tax queries and statutory submissions, where internal expertise is still to be developedOther
Ad-hoc requests and tasks as per the Group CFO / COO / GCMDrive and execute ad hoc finance projectsQUALIFICATIONS
Accounting DegreeCIMA QualificationEXPERIENCE
3 or More years post article experience as a managerExperience in Pharmaceutical Distribution and Warehousing including arrange logistical and distribution fees with suppliersSAIPATRAINING REQUIRED
Sage VIPMS ExcelPower BI / QlikView or other Business Intelligence toolsCOMPETENCIES
Solution orientatedStaff managementSelf and time managementPlanning and organizingCost ControlStock ManagementBusiness Acumen“Medipost Holdings is committed to the promotion of employment equity within the workplace which is a driving factor in all recruitment decisions” Medipost further encourages and welcomes applications from persons with disabilities in creating a diverse and equitable workplace”
Closing Statement :
“We are committed to building a team that represents a variety of backgrounds, prospectives and skills, the more inclusive we are the better our work will be. Should you however not hear from us within a period of 2 weeks, you can consider your application unsuccessful”
“MediPost Holdings does not charge any fees at any stage of the recruitment process. Applicants are advised to be vigilant against fraudulent recruitment activities. Under no circumstances should any payment be made to secure a job offer with Medipost”
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