Financial Manager

SUMMARY:
Financial Manager

POSITION INFO:

Overview:

Montague Gardens based opportunity exists at a company with offices both in South Africa and Namibia. As a Financial Manager you will be required to manage all accounting operations, provide CFO with accurate, timely and relevant financial data, manage month end and year end close process.

Responsibilities:

The Main tasks include the following:

• Serving as the key financial manager for at least 3 entities. Each entity has different operational and accounting requirements and requires the individual to be a great multi-tasker to enable him/her to deliver their key tasks.
• Good accounting background required given the dynamic nature of the group which has different accounting requirements/treatments, and the person will be responsible for preparing the necessary month end journals.
• Full Trial Balance management
• Verify recorded transactions and report irregularities to management.
• Reviewing all ledger details to ensure correct posting of transactions, payments, and allocations to specific project codes.
• Prepare and ensure the accuracy of payables, including review & management of supplier reconciliations.
• Prepare and ensure the accuracy of accounts receivable, including.                            
• Preparation of invoices for review by CFO
• Capture of accounts receivable invoices.
• Performing accounts receivable reconciliations
• Prepare supporting schedules.
• Performing reconciliations of accounts (Income statement and Balance sheet)
• Prepare & capture journals.
• Capture and reconcile cashbooks.
• Reviewing & loading payments before release
• Forex payment processing via current bank account and/or Forex company.
• Supervising a team of at least 2/3 persons – Senior Bookkeepers, Bookkeepers
• Ensuring timeous completion of month end procedures by the team, which include:
• Cashbook processing
• Invoice processing – accounts payable
• Customer Invoice processing
• Supplier and Debtor reconciliations completed and reviewed.
• Month end journals which include accruals and prepayments
• Preparation of individual entity management accounts within reporting deadlines
• Providing commentary and analysis of month-on-month movements.
• Maintenance of fixed asset registers.
• Facilitate the annual audit and preparation of schedules and reconciliations.
• Implement and maintain the finance policies and processes.
• Prepare and submit applicable regulatory returns.
• VAT reconciliation preparation and submission of VAT returns for SA entities (currently five entities)
• Correspondence with SARS relating to taxation matters involving the Group, including Verification & Audits.
• Prepare income tax and provisional tax calculations and returns.
• Ensure financial record systems are in accordance with IFRS.
• Coordinate all audit activities, liaise with external auditors regarding fieldwork.
• Processing weekly and monthly payroll, including:
• Preparation and submission of EMP201s and EMP501s
• PAYE, UIF, SDL submissions & payments
• Workmen’s Compensation compliance
• IRP5 and IT3 submissions and reports
• Customs payments
• Assist in additional finance related functions when required.
• Ensure proper administration and organisation of documentation.

The minimum requirements are as follows:

• Min of a BCom/CIMA qualification and 4-5 years’ experience as a FM in a similar position

• Experience with Pastel Evolution
• Excellent computer literacy (Excel)
• Sound understanding of VAT and income tax requirements.

Competencies & Characteristics

• Needs to be a sound financial accountant with a good grasp of both basic and advanced accounting.
• A positive, “can-do” attitude always, including when under pressure.
• The ability to take a task through to completion in the allotted time.
• Willingness to assist or performs tasks within the finance team & function as required.
• Strong administrative skills & attention to detail.
• Self-driven, good communicator and solid interpersonal skills.
• Assertive nature when required.
• Logical & methodical thinker.
• The ability to take on responsibility, ownership and be accountable for results and actions taken.
• The ability to perform under pressure and multi-task.
• Ability to maintain confidentiality.
• Willing to work outside normal office hours when occasional circumstances dictate.
• Ability to prioritise tasks and manage personal and departmental schedules effectively to meet tight deadlines.
• Honest and reliable

Job Type: Full-time

Location:

• Cape Town, Western Cape (Required)

NB! This job is now closed. You can apply for other jobs by uploading your CV.