Accountant/Senior Bookkeeper - Do More Foundation

Company:

RCL Foods

Functions:

Finance

Job Type Classification:

Permanent

Location - Town / City:

Westville

Job Description:

The DO MORE FOUNDATION is a purpose led South African non-profit organisation working to ensure that young children have the support, care, nutrition and early learning opportunities they need to thrive. The Foundation was founded by RCL FOODS and benefits from its systems, governance strength and shared services while retaining its distinct identity, non-profit operating context and commitment to children, families and communities. An exciting opportunity exists to be part of the DO MORE FOUNDATION for a Senior Bookkeeper who wants to use strong financial discipline in service of social impact. This role will report to the DO MORE FOUNDATION Finance Manager, will be based in Durban, Westville and the incumbent will be employed by RCL FOODS and seconded to the Foundation. This is a meaningful role for someone who enjoys rigour, accountability and purpose. The successful candidate will help strengthen the Foundation’s financial accounting, reporting, tax compliance, treasury management, donor and project accounting and financial governance. The role will support compliance with the Income Tax Act, Public Benefit Organisation requirements, Non-Profit Organisation requirements, Section 18A regulations, B-BBEE requirements and internal governance policies. The role will also support strategic decision making through accurate financial reporting, budgeting, forecasting, cash flow management, compliance monitoring and continuous process improvement. It is an opportunity to bring financial excellence into an organisation that is growing in scale, strengthening its governance and working with partners to create lasting change for young children and communities.

Minimum Requirements:

BCom Accounting Preferred: Postgraduate qualification in Accounting, Taxation or Financial Management Preferred: SAICA/CIMA/SAIPA or equivalent 4 to 6 years of experience

Duties & Responsibilities:

• NPO, PBO Compliance & Financial Governance • Ensure ongoing compliance with NPO Directorate requirements. • Maintain PBO compliance with SARS. • Monitor compliance with approved Public Benefit Activities (PBAs). • Prepare documentation required for PBO audits and reviews. • Ensure compliance with donor funding agreements. • Monitor compliance with applicable governance policies. • Support to the Board and Finance Committee • Oversight of grant management controls and partner due diligence processes • development & enhancement of financial dashboards and management information • Support for annual budgeting and long-term sustainability planning • Financial input into organizational risk management processes
• VAT Administration • Prepare and submit VAT returns. • Reconcile VAT control accounts. • Review VAT treatment of all transactions. Ensure correct treatment of: • Donations • Grants • Sponsorships • Fundraising income & Project expenditure • Assist with VAT audits and SARS queries. • Monitor legislative changes impacting VAT recoverability.
• Income Tax & Section 18A Compliance • Maintain Section 18A supporting records. • Review beneficiary documentation. • Ensure compliant issuance of Section 18A receipts. • Support annual income tax submissions. • Monitor compliance with exempt entity requirements. • Assist with SARS verification and audit request • Project & Donor Accounting Track expenditure by: • Project • Donor • Basket of Service • Region • Implementing Partner Implementing Partner Financial Management • Review implementing partner budgets. • Verify expenditure against approved budgets. • Review partner invoices and supporting documentation. • Monitor advances and tranche payments. • Assist with FICA/KYC compliance requirements.
• Treasury & Cash Flow Management • Review payment runs. • Review EFT requests and supporting documentation. Audit & Risk Management • Prepare supporting documentation. • Resolve audit findings. • Maintain financial controls. B-BBEE & SED Reporting • Prepare schedules supporting SED claims. • Track donations and beneficiary demographics. • Maintain supporting documentation for verification. • Prepare reports required for B-BBEE verification. • Support measurement of meals, beneficiaries and community impact.