Finance Graduate M/F

Join CFAO South Africa !

CFAO South Africa is a key player in South Africa’s mobility market.
With more than 7,200 colleagues and over 160 sites, CFAO South Africa offers vehicle and truck sales and rentals, supply chain solutions, logistics management, material handling, automotive assembly, and the import and export of automotive components.

We are a regional division of the pan-African business CFAO Group, headquartered in France and a wholly owned subsidiary of Toyota Tsusho Corporation in Japan.

CFAO South Africa has a strong expansion vision in South Africa, while supporting CFAO Group's expansion strategy into the African continent in the automotive sector and other sectors,  including healthcare and renewable energy.

We are a significant contributor to the support, development, and growth of the automotive industry in South Africa and across Africa.

we are looking for    Finance Graduate M/F   based:   South Africa

Job description:

Are you a Finance graduate looking for an opportunity to make your mark in the business world? Well, look no further.

CFAO Holdings South Africa is offering a 12-month contract to an enthusiastic go getter who wants to expand their knowledge, skill and practical experience in the Finance field. The position is based in Johannesburg, South Africa.

PURPOSE OF JOB
The Finance Graduate will be responsible for carrying out accounting and administrative duties such as the processing and payment of vendors’ invoices, reconciliation of statements, following-up on unpaid vendors, obtaining statements and invoices and to provide book keeping and clerical support to all financial functions.

This person would also be responsible for the Bank Reconciliation process (Cashbooks) which will include accurate allocation of cash on the company’s bank accounts.

Required profile :

EXPERIENTIAL AND EDUCATIONAL REQUIREMENTS
- Matric / Relevant Diploma / Degree or studying towards

- at least 1-2 years relevant exp

ESSENTIAL DUTIES AND RESPONSIBILITIES
Accounts Payable
- Reconcile Invoices, requisitions, purchase orders etc
- Support weekly and monthly payment run preparation.
- Ensure three quotes are obtained from vendors prior to payment processing
-  Resolve supplier queries with guidance from Senior Team Member"
- Ensure invoices agree to the Contracts / Quotations / Orders etc
- Ensure all invoice are Vat compliant & the correct Vat treatment is applied to invoices
- Capture creditors invoices on timeously basis
- Timeous follow up & resolution of all Accounts Payable queries
- Forward remittance advices and statements to suppliers after completion of payment run
- Open Vendor Accounts on system (Post vetting & approval)
- Assist in vendor statement reconciliations and follow up on unresolved items.

Accounts Receivable
- Raise invoices, liaise with customers on payments & ensure the companies overdues are kept to a minimum
- Obtain debtors reconciliations and resolve all queries
- Capture receipts and allocate customer payments.
- Support preparation of age analysis reports.
- Maintain accurate customer account records.

Bank Reconciliations (Cashbooks)
- Processing transactions to cashbooks daily
- Maintain & reconcile cashbooks to bank statements weekly
- Report discrepancies to the responsible accountant for resolution.


Other Duties
- Ensure audit deliverables are maintained according to the standard required by the auditors (Internal / External)
- Assist in preparation of cost/profit centre reports, by maintaining and providing analytical Assistance
- Maintain filing on a monthly basis
- Any ad-hoc duties which are assigned