Department Financial Planning & Analysis (FINPL) - Pact strives for a world where all people are heard, capable, and vibrant.
Contributing to the organization's ability to think and act strategically; Inspiring and spreading our desired organizational culture across the global enterprise.
Position Overview The Senior Finance Officer is directly responsible to and supervised by the Finance and TLA Manager, Pact SA.
The Senior Finance Officer is mainly responsible for the disbursement function, bank and balance sheet reconciliations, as well as raising all documentation for the aforementioned functions.
Ensure that creditor reconciliations are performed before payments are done; Update and maintain the recurring payments schedule and ensure that the recurring payments are paid timeously.
Ensure that all GL account codes and payments are accurately captured in Serenic. Daily posting of purchase orders, advances on Serenic.
Posting payment journals on Serenic for the reconciliation of payments made. Identify and add into the banking system any vendor that are being paid for the first time through banking system.
Load payments onto the banking integrator and circulate supporting documents for payments approval. Weekly reconciliation of Serenic bank balances against bank statements.
Monthly bank reconciliations of all bank accounts. Petty Cash spot checks and supervision. Prepare monthly Balance Sheet reconciliation Raising and monitoring of prepayments and accruals.
Queries and follow ups pertaining to balance sheet items. Create correcting entries in Serenic Compile a list of all outstanding tax invoices for the relevant month to be filed with month end.
Draw VAT report from Serenic after the month has been closed. Reconcile Serenic VAT GL account to the monthly cash books, investigate any discrepancies and do the necessary corrections.
Ensure VAT Refunds are recorded. And submitted on SARS e-filling. Compile annual VAT report for USAID Ensure compliance with SARS VAT regulations.
Prepare correcting and reclass entries and capture in Serenic Review and sign off, per diem calculations, travel reconciliations.
Check the Intercompany Billing Notes (IBN) for accuracy and posting. Prepare the monthly exchange rate, per diem rates and mileage rates.
Strong attention to detail and work accurately under pressure; Should be in possession of a valid driver’s license and own car Interested candidates can send their CV