Financial Manager

SUMMARY:
JOB PROFILE / LOCATION: A Permanent / Management Level Position in the Professional Services Sector based in Northern Johannesburg (Gauteng) (Hybrid Remote & Office based Model) REMUNERATION DATA: R360, 000.00 – R480, 000.00 PA Total Cost to Company including Benefits: Standard Corporate Benefits & Incentives

POSITION INFO:

JOB SUMMARY: My Client, a leading specialist services company is looking for a passionate, professional, qualified, hands-on, and results-driven Junior Financial Manager to join our awesome team. They will over oversee all internal financial administration, financial controls and accounting procedures (including the review of external / junior resource''s work) and execute on the company’s overall financial strategy. Job responsibilities will include: -

·            Overseeing of end-to-end financial administration, financial controls, and accounting procedures:

·            Oversee monthly journals, ensure all items posted to the ledgers are accurate and complete, ensure the completion of GL reconciliations and ultimately ensure that the trial balance is complete and accurate in all material aspects

·            Oversee billing and credit control

·            Attend to month-end closing procedures

·            Develop, implement, and ensure compliance with internal financial and accounting policies and procedures

·            Develop and maintain financial accounting systems and controls for cash management, accounts payable, accounts receivable, credit control and petty cash

·            Take responsibility to assess the reasonability of business spend within the applicable policies and ensure that expenses are properly signed off and within budget

·            Reporting (including Management Accounts and AFS) and consolidations

Cash / Funds Management

Ensure sign-off of payments in accordance with relevant mandates on behalf of the company, monitoring accurate information recorded on the payment

Forecast cash flow positions, related borrowing needs and available funds for investment

Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

Maintain banking relationships

Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Reconcile bank and investment accounts

Financial Analysis

Develop and deliver financial metrics that enable the management team to make effective strategic decisions, including scenario modelling

Monthly analysis of margins, costs, new business growth, divisional variances and recommend improvement

Utilise financial management information to support and drive business growth and service excellence decisions

Undertakes business unit performance analysis, interpret the results to management and recommend improvement activities

Create additional analyses and reports as requested by management

Working with team leaders and/or management to generate financial management systems that deliver relevant financial management information to support the business and teams

Oversee the data quality in our core systems, tied to Management Information and drive the required improvements

Forecasting and Budgeting Process

In consultation with the GM: Finance, establish guidelines for budget preparation, co-ordinate and support the business units in compiling their respective divisional budgets and consolidate the annual budget

Prepare and maintain 12-month rolling forecasts and drive and co-ordinate cost containment and savings with reverence to the budget

Compliance & Governance

Ensure that all statutory submissions are done timely and accurately, including Income Tax, VAT and Payroll submissions (i.e., EMP501, EMP201)

Preparation of calculations and review of submissions and handling of all SARS queries / correspondence

Maintain a working knowledge of relevant IFRS, tax and other fields of expertise

Keep updated with relevant legislation and regulations

Ensure compliance to applicable company policies and procedures, legislation, accounting, and tax requirements

Facilitate regular and appropriate staff training on relevant policies, legislation, and regulations

B-BBEE Compliance

Execution of the company''s BEE strategy

Capture and maintain all of the necessary BEE data and evidence to ensure the company is compliant

BEE reporting on procurement and other scorecard issues

Attend to Company Secretarial duties

Internal & External Audit

Plan and manage the annual external audit and prepare all supporting information for the annual audit and liaise the external auditors, as necessary

Prepare the annual financial statements and manage and facilitate any internal audits

Other (operational) Support

REQUIREMENTS / CRITERIA

·            Bachelor of Accounting Science (B.Compt / CTA) with completed Articles

·            A minimum of 3 years’ experience in a similar role

·            High proficiency in MS Excel, PowerPoint and Xero accounting software (latter highly advantageous)

·            In-depth knowledge of corporate finance and accounting principles and best practices

·            In-depth knowledge of budgeting and risk management

·            In-depth knowledge of financial analysis and forecasting

·            Excellent communication (written, verbal & presentation), relationship building and interpersonal skills

·            Client centric, meticulous and impeccable level of attention to detail

·            Ability to work independently with little or no supervision (well-organised)

·            Ability to prioritise and coordinate multiple and competing work demands

·            Ability to work effectively under pressure and to tight deadlines

MOTIVATION: If you are a self-disciplined individual with a willingness to learn and open to new challenges then apply now to take advantage of this excellent opportunity.

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