Assistant Management Accountant

A love for the sea and passion for fishing are the driving forces behind I&J, a leading fishing company and manufacturer of high quality chilled and frozen foods. Almost 110 years old, I&J is the trusted name in seafood, operating a modern and efficient trawler fleet, and continually investing in the training and development of experienced fishing crews, committed to fishing responsibly, with a long-term vision. I&J has achieved and maintained accreditation from the Marine Stewardship Council (MSC) since 2004. I&J is a globally respected supplier of high quality, chilled and frozen Cape Hake and a leading producer of farmed Cape Abalone. It is also one of AVI’s great South African brands. I&J is proudly South African and invests in, and empowers, the communities in which it operates.

An exciting opportunity has arisen for an Assistant Management Accountant at I&J, Trawling Division, Waterfront, Cape Town. The purpose of this role is to provide monthly financial reports, reconciliations and analysis of fishing operational cost, overhead cost and capital expenditure. Perform review and controls to confirm the accuracy and completeness of reported numbers.

Line Manager: Finance Manager

Job Specification

Key Performance Areas:

Financial Reporting And Analysis

Compile and review (once automation is complete) the following reports on a monthly basis:

1. CTF Vessel Income statement
2. Detailed vessel cost analysis
3. Shore Overheads
4. Cost recoveries
5. Stock adjustments / write offs

Provide meaningful analysis of abovementioned reports to Financial Manager.

Prepare ad hoc reports to support audit, operations or strategic decision-making.

Financial Checks, Controls & Reconciliations

Review and improve key cost reconciliation to ensure high level of accuracy.

Perform the following reviews on a monthly basis to ensure high level of accuracy:

1. Fish landed reconciliations
2. Packaging count and reconciliations
3. Fuel usage and reconciliations
4. Vessel cost vs plan and prior
5. Cost center allocations

Month End Activities:

Perform the following month end financial processing activities within the given timelines:

1. Calculate specific expense accruals and park postings in SAP
2. Calculate shore based overhead allocation and ensure reporting reflects allocation correctly.

Prepare monthly reporting pack, with the view to eventually automate.

Budget And Forecast Processes

Understand key cost and business drivers to ensure high level of accuracy in the forecasting process.

Co-ordinate with planning and operations teams to ensure inputs received are accurate and complete.

Upload budget and forecast into SAP with the view of automating process.

Experience

Minimum Requirements:

Minimum 2 – 3 years’ relevant experience in a similar environment.

Qualifications

B.Comm Degree in Accounting or Finance is essential.

CIMA or ACCA or studying towards.

Additional Requirements:

Proficient in Excel, MS Office and SAP.