Commercial Accountant

Job Facts

Minimum Requirements

• Grade 12 / Matric
• BCom Degree in Accounting or related field
• Minimum 2 - 3 years’ experience working as an Accountant
• Previous FMCG / Retail / Manufacturing industry experience is an advantage
• Commercial Finance experience would be an advantage
• Strong working experience on SAP and Excel is required
• Qualifications & Certifications that will contribute to your success:
• Additional Requirements that will enhance your impact for success:
• that set you up for success:
• Minimum 2 - 3 years’
• working as an Accountant
• Previous FMCG / Retail / Manufacturing industry
• is an advantage
• Commercial Finance
• would be an advantage
• & Certifications that will contribute to your success:
• Strong working
• on SAP and Excel is required
• What It Takes to Succeed:

Responsibilities

• Maintain accurate and up-to-date Trade Term Agreements for all customers.
• Manage Trade Term Agreements and applicable accrual percentages within SAP.
• Review and approve Trade Term deductions in line with agreed customer terms.
• Perform monthly Trade Term accruals and reconciliations, investigating and resolving variances where required.
• Calculate quarterly and annual Sales Growth Incentives in accordance with agreed commercial terms.
• Maintain accurate Growth Incentive accruals and perform monthly reconciliations.
• Raise accruals for Consultant Commissions
• Process adjustment journals relating to incentives, ensuring accurate and timely financial reporting.
• Liaise with Key Account Managers (KAMs) to confirm and validate monthly trade spend.
• Prepare and raise monthly Fixed Trade Spend accruals.
• Review, assess and process accrual adjustments to ensure trade spend is accurately reflected in the financial records.
• Update the monthly Master Pricelist following approved Marketing and Finance inputs and communicate changes to relevant internal stakeholders.
• Maintain Promo Mandates in SAP, ensuring pricing and promotional information is accurately captured and maintained.
• Load quarterly Sales Budgets into SAP accurately and within agreed timelines.
• Perform Marketing P&L calculations and provide supporting financial analysis as required.
• Foster strong and collaborative relationships with Commercial teams to facilitate effective communication and financial support.
• Partner with key stakeholders to ensure trade activity follow-ups, queries and financial matters are addressed accurately and timeously.
• Incentive Calculations
• Manage Fixed Trade Spend
• Budgets and P&L’s
• Relationship Management
• Key Areas of Impact: Maintenance of Trade Term Agreements
• Maintenance of Trade Term Agreements
• Key Areas of Impact: