Finance and Compliance Associate

On Behalf of our Client, Manpower is seeking to recruit a Finance and Compliance who will be reporting to the F&C Analyst, the F&C Associate will support statutory and national reporting obligations, and will particularly take ownership of Payroll and related taxation operations. The role is also responsible to manage and reconcile cash and bank accounts, and to assist the Team to ensure a robust internal control framework.

Key Accountabilities

Manage payroll

• Perform payroll operations and ensure compliance (incl. tax).
• Manage workflow to ensure all payroll transactions are processed accurately and in a timely manner.
• Process payroll related payments and reconcile to payroll reporting (both payroll and associated taxes)
• Keep up to date with legislation and reflect changes to the Companys payroll operations
• Support data capture & reporting for target setting & management reporting
• Ensure accurate accounting to the General Ledger and perform necessary GL reconciliations

Manage and process payroll taxes

• Manage the payroll related tax benefits and obligations of the organisation. Report on any tax benefits that the Company might be eligible for
• Keep abreast of income tax regulations and guide employees accordingly as necessary
• Manage all tax affairs for employees under the companys responsibility (foreign employees).
• Ensure compliance to tax legislation, employment regulations and internal SOPs.

Payroll control

• Champion data structuring & preliminary analysis of the payroll function.
• Ensure that recruitment is aligned to budget and report deviations at job offer stage
• Ensure that overtime is aligned to production manning plan and duly approved by the respective Manager
• Ensure that Subcontracted labour requirements is aligned to production manning plan and duly approved by the respective Manager.
• Collaborate with the HR department to ensure all data is reviewed and up to date.

Manage cash and in-house bank accounts

• Manage in-house Bank accounts. Prepare Bank reconciliations and seek review confirmation from Finance and Compliance Manager.
• Manage and reconcile cash positions

Report on internal controls compliance

• Responsible for the accurate and timely accounting of transactions and associated Financial Reporting including the reconciliation of control accounts, e.g. Debtors control account to reconcile to Debtors list as per Sales Ledger, Purchases Control account to reconcile to Creditors list as per Purchase Ledger, Freight, import and handling charges to be reconciled to the respective absorption control accounts, Accruals and prepayment account to be backed up by appropriate lead schedules.
• Assist the F&C Manager to develop and maintain the Companys internal control framework. Ensure accurate reconciliations & reporting of internal accounts.
• Contribute to the Companys controls environment to ensure that controls are in place and to ensure compliance within set policies and procedures.
• Assist in the execution of Audit related activities as may be required.
• Compile and reply to the annual surveys/audits required by the company

Ideal Candidate Profile

Education

• MQF5 level Degree in Accountancy or in progress of studying ACCA

Experience

• Minimum of 5-year overall experience. With particular focus on FMCG.

Technical skills

Financial Accounting
Risk Management
Legal Compliance
Tax Knowledge

Competencies

Analytical thinking and problem solving
Action orientated
Quality Management
Relationship Building
Consulting and Advising
Programme and Project management
Planning and Organising