Overview
Financial Accountant Jobs in Cape Town, South Africa at PVH (Tommy Hilfiger/Calvin Klein)
Overview
The Financial Accountant plays a key role in transformation reporting, financial accounting for Empowerment entities, procurement governance and broker‑related reporting across OMIG. The role takes ownership of the B‑BBEE scorecard process and supports the transformation agenda, while ensuring sound accounting, audit and compliance outcomes across multiple OMIG entities.
Responsibilities
- Reporting to the Finance Manager within OMIG Finance, and working closely with procurement, risk, internal and external auditors, trustees and verification agencies to ensure financial accuracy, governance and transparency across trusts, holding structures and procurement processes that support the OMIG business.
- Support the OMIG Chief Financial Officer and Finance Manager with ad‑hoc project work as required.
- BBEE and Transformation Pro‑actively manage the overall B‑BBEE scorecard process, tracking progress of all elements based on current amended FSC and DTI Codes, and associated reporting.
- Manage relationships with internal and external transformation stakeholders, including ASISA, the verification agency and consultants.
- Present the scorecard to OMIG EXCO and identify strategies and areas of improvement on an ongoing basis.
- Maintain a deep understanding of the legislative environment and amended Codes, and their implications for OMIG.
- Identify risks to scorecard targets and propose strategies to ensure maximum points, including sourcing of new SED and ESD beneficiaries and alternatives.
- Manage Enterprise & Supplier Development (ESD) and Socio‑Economic Development (SED) programs, including initiatives such as Edusaver, IFA, Consumer Education, Green Hands and Graduation of Supplier.
- Compile Social Development reports for internal and external consumption, and contribute to broader transformation initiatives and proposals (e.g. funding programmes and CSI alignment).
- Accounting and Trusts Maintain internal controls across the Imfundo Green Hands, Imfundo Trust & Imfundo SPV, including loading invoices for payment and preparing Annual Financial Statements (AFS) with supporting schedules.
- Liaise with auditors to complete audits and sign off the AFS; prepare tax calculations, file annual returns, submit payments and liaise with the group for assistance as necessary.
- Prepare monthly management accounts, financial models, reconciliations and ownership‑structure analyses to support trustee and management decision‑making.
- Manage annual budgeting and cash flow projections across entities; manage inter‑entity transactions and understand Trust Deeds, ensuring ongoing compliance and issuing s18A certificates to donors.
- Present management accounts and feedback at trustee and board meetings; engage with Corporate Secretarial on statutory and governance matters.
- Procurement & Vendor Management Develop and maintain procurement processes to meet Old Mutual Group Procurement Policy and Standards, including regular screening and documented deviations.
- Manage end‑to‑end vendor onboarding, ensure BBEE vetting and Group onboarding requirements are completed before procurement of services.
- Coordinate vendor due diligence, screening and risk assessments to support onboarding, including Third Party Risk Management (TPRM) requirements.
- Maintain accurate vendor master data, active vendor listings and supporting documentation; manage the internal OMIG Procurement SharePoint site.
- Attend the quarterly Procurement Forum and Third‑Party Risk Management Forum, representing OMIG and aligning with Group standards.
- Perform quarterly analysis of BBEE procurement spend, investigate anomalies and identify opportunities to use preferred suppliers to enhance the OMIG scorecard.
- Broker Reporting Develop and maintain the OMIG Broker Policy, updating it as required, and perform monthly reconciliations for each broker.
- Oversee Commission Sharing Agreements (CSAs) processes including allocation tracking, liquidity management and recovery of research‑related invoices.
- Calculate the amount available to spend, communicate it to investment teams and agree payments per research provider and funding wallet.
- Stay up to date with global trends in broker research to ensure OMIG remains aligned to best practice.
Qualifications
Note:
The provided description does not include explicit qualification requirements. Responsibilities cover transformation reporting, BBEE, accounting for trusts, procurement, and broker reporting.
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Title: Financial Accountant
Company: PVH (Tommy Hilfiger/Calvin Klein)
Location: Cape Town, South Africa
Category: