Financial Manager

SUMMARY:
An opportunity for a Financial Manager with experience in implementing structures and procedures within a finance department exists within a private company in Cape Town. You will be responsible for providing financial management support, ensuring financial practices align with company policy and overseeing the daily activities of other finance employees.

POSITION INFO:

Preparation of the monthly management accounts pack

Reviewing of the financial information prepared by the central accounting service team

Compiling monthly Balance Sheet reconciliation file

Analysis and identification of incurred costs versus budget and prior year

Identify cost saving opportunities in order to improve the financial performance of each business unit

Review reconciled expenditure reports to test the validity of costs

Calculate and reconcile VAT payable on a monthly basis

Review of monthly EMP201 submission

Annual income tax calculation and submission to CFO for review

Check, verify and release electronic bank payments

Second signatory for all cheque payments

Second signatory for all foreign payments

Ensure cash-flow is maintained at optimum level

Ensuring accurate and timely submission of time sheet information for all teams under management

Ensuring that payroll related costs are approved

Ensure on an annual basis that the pricing model for the underlying entities is both fair (industry norms) and sustainable

Compile the annual budgets and submit for Exco approval

Assist with budgeting for other group companies

Review the budgeted fees and expenses for large variances and resolve

Preparation of forecast for the rest of the financial year

Preparation of the budgeted income statement, balance sheet and cash flow statements including determining funding needs for the year ahead

Preparing the Annual Audit files as per group instructions received

Provide assistance to the finance teams to resolve audit queries and ensure the audit is completed in an appropriate time frame

Review financial statements to ensure they are prepared in accordance with IFRS

Manages own teams performance

Gives regular, comprehensive and constructive feedback to team and conducts their performance appraisals

Develop relationships with Exco and OPCO Financial Managers as a trusted advisor

Ensure all members within the central accounting team are proficient in using the ERP system to its full capability

Ensuring the central accounting team has skills and knowledge to deliver an effective and efficient service to all business units

Support the business as and when ad-hoc financial request come in and provide information.

Skills & Experience:

Minimum of 2 years experience within a financal management position

Advanced MS Office knowledge  

Knowledge of Implementing systems and procedures within a finance department

Qualification:

BCom degree and honours in Finance

Completed SAICA articles

CA(SA) or CIMA (Preferable)

Contact ALEXANDRA MALONEY on 021 -----, quoting the Ref: CTF013644.

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