Accountant – Weir Minerals

Title: Financial Accountant

Weir Minerals AME Region:

Location; Kitwe, Zambia

Weir has been in business since 1871 and our sustainability and success has been built on attracting, retaining, and developing exceptional people.

As a global company, we reflect the diversity of our customers in the diversity of our people and ensure everyone is given the opportunity to flourish regardless of their gender, race, beliefs or background.

We offer a wide range of career opportunities across a variety of technical and business roles in engineering, manufacturing and service locations worldwide.

Enabling our people to unleash their full potential is central to ‘We are Weir’, our vision, mission, and strategic priorities. We aim to be the most admired engineering business in our markets and we’ll achieve that ambition by being the employer of choice in our markets.

Weir is an inclusive and innovative organisation where you can be your authentic self. We continually develop our talent and diversity of thought to keep our business relevant, innovative and successful for the future.

Business Need/Purpose of Role:

The Zambia accountant will be responsible for the in-country financial and regulatory requirements. Assist country managers in as far as financial and compliance controls goes. Assist with customer and maximizing the collections from customers in the region. The in-country accountant will also be responsible for the bank administration for their portfolio.

Travel will be required to assist Sales staff in assisting customer (financial reviews and possible tender processes from a financial perspective).

In country tax compliance adherence and advice.

Job Requirements:

Minimum Qualifications:

BCom Honours Degree

Minimum Experience:

• At least 2 years related experience post articles in a similar function
• ERP system experience (preferably LN BAAN)
• Must have Tax experience in Zambia and DRC
• Computer literacy (MS Office Suite) – excellent working knowledge of Excel
• French speaking (written and verbal) if possible

Key Tasks:

Orders, sales and cost of sales

• Required to perform Weekly and Month end reporting: Weekly Input Report, Royalty calculation, Bi Monthly, TM1 & COGNOS Month end sales reporting for WMSA region.
• Input, Output and Margins Budget schedule updated compared to actuals for WMSA Region.
• Required to coordinate and resolve pricing and costing issues that arise from Product Managers and Regions.
• Prepare sales budgets and forecasts per product and Region per month in TM1 format compared to actuals
• Assist with Product Manager/Regional/Branch Manager sales reporting queries
• Perform adhoc sales reporting queries.
• Develop & check Reports from Power BI for Daily, weekly and Monthly Reporting.
• Margin Review Meeting preparation.
• Quarterly Complete (incl Inter Co) order book Confirmation.

Fixed assets

• Allocate asset numbers
• Capitalize assets and disposal
• Ensure depreciation is calculated accurately and completely
• Closure of FAM module
• Maintain Capex Register
• Ensure Capex Applications completed and submitted for required approval.
• Upload Approved Capex on Group Portal.
• Monthly Depreciation run.
• Physical Asset Verification
• Ensure fixed asset recons completed and reconciling items cleared for review.
• Impairment exercise done annually.
• COGNOS updated with all Fixed Asset Information.
• Country by Country Reporting.

General Accounting

• Implementation of new standards and interpretations
• Prepare detail account reconciliations for all balance sheet accounts
• Prepare journals required in line with calculations and allocations, ie Leave pay Accrual, etc
• Resolving reconciling items within 60 days including staff debtors
• Review payroll journal before upload
• Balance intercompany – calculate GIT and expense accruals to ensure intercompany are reconciled
• Prepare and perform intercompany recharges
• Review all intercompany shipping trackers
• Perform applicable markup journals
• Perform intercompany interest calculations
• Prepare IFRS 16 interest calculations and maintain relevant up to date lease schedules
• Review expenses and ensure that all accruals have been provided for on a monthly basis
• Prepare warranty calculations on all 3rd party sales
• Cost Centre Owner Report with Commentary on variances to Budget/Forecast.

Minimum Skills/Abilities:

Able to meet deadlines and results driven

Banking, treasury and hedging

• Review Bank reconciliations
• Review and release bank payments
• Review cashbook payment batche
• Review forex deals on TMS
• Prepare Forex grids
• Prepare cashflow forecast (minimum 12 weeks)
• Maintain unpaid batches on LN- investigate why batches have not been processed through the bank account and are still pending
• Royalty and management fee accruals, audit preparations and payment co-ordination including DTI and reserve bank approvals

System Maintenance

• Finalize LN peer journals
• Loading of vendor bank details on LN
• Cost Centre and General Ledger maintenance

Record keeping

• Saving of supporting documentation in line with the SOP’s
• Supply tax compliance documentation in line with requirements and requests
• Update and Develop SOP’s.
• Any other additional duties, as required.
• Ensure adherence to all HSE and housekeeping requirements
• Assist with any ad hoc queries
• Adhere to Duty of Care Policy at all times
• Adhere to all SHE and housekeeping requirements
• Adhere to Duty of Care Policy at all times

 

Must be willing to travel to DRC to customers accompanying Sales staff

We take pride in providing a quality workplace and promoting equal opportunities for all. Interested candidates who meet the above minimum requirements are invited to apply

If you have not heard from the Company 10 working days after the closing date, please accept that your application was unsuccessful