Description:
Job Purpose:
Manage the Finance teams and is responsible for their performance. Manage the financial and accounting processes. Responsible for preparing financial reports, performing research and analysis, maintaining the general ledger, performing account reconciliations, and assisting with audit preparations. Financial planning administration, oversee financial activities, and the day-to-day financial transactions and procedures.
Job Specification & Key Responsibilities
Perform financial management duties including generating financial data, compiling and submitting reports, analysing industry trends and assessing the financial health of the company.
Oversee the operations and development of the company’s finance departments including creating and reviewing policies, budgeting, recruiting, training and conducting regular assessments of financial procedures.
Preparation of monthly, quarterly and annual account reconciliations, monitor and enforce compliance with tax and financial reporting standards and assist with cash flow forecasting.
Supervise the documentation of the company’s financial status and forecasts. Compiling and presenting reports, budgets, business plans, and financial statements.
Negotiating the terms of business deals and moves with clients and associated organisations.
Meeting and interviewing clients and negotiating terms with suppliers.
Continuous management of financial systems, budgets & controlling income and expenditure.
Review current controls and procedures in place and develop controls to improve functionality within department.
Prepares monthly, quarterly and yearly updates of budget forecasts for the management.
BBBEE Adherence and align Business results to the governing standards prescribed.
Ensure business is profitable and remains profitable.
Lead and manage the preparation of the organization’s annual financial statements.
Manage the existing and new relationship with the organization’s external auditors.
Undertake audit preparations to ensure an efficient, effective, and successful audit process.
Ensure that audit findings are timeously resolved, prior to the commencement of the next year’s audit.
Ad hoc and monthly financial management reporting requested from MD.
Ensure that all departmental HOD’s are financially aligned with companies strategic planning.
Oversee projects profitability and cashflow profile to ensure positive cashflow and profitability of projects, and compliance to company strategic intentions and policies/procedures.
Analysis and Preparation of Management accounts, Vat201 reconciliation and all submission to SARS and related authorities.
Reviewing and authorizing various transactions such as payments, procurement documents, etc. to ensure compliance with company procedures, policies and general accounting principles and regulations.
Effective leadership and Management of direct reports /Finance Team and is responsible for their performance.
Undertake any other tasks and responsibilities appropriate to the level of this post as required by the Managing Director
Requirements:
- Erp System: 3 to 4 years
- Audits: 3 to 4 years
- Vat Account Reconciliations: 3 to 4 years
- Budget Forecasts: 3 to 4 years
- Erp/Crm: 3 to 4 years
- Ms Excel Pivot Tables: 3 to 4 years
- Business Central: 3 to 4 years
- Ms, Excel Vlookups: 3 to 4 years
Required: Qualifications
Grade 12: Matric
B.Com in Financial Accounting or Financial Management
Own Vehicle
Registered with a recognized accounting/financial professional body.
Required: Experience
5-8 years senior financial experience
5 years’ experience in a management position
5 years’ experience on Finance ERP System
Experience Business Central ERP (Advantage)
Preferred: Knowledge
Advanced proficiency in MS Excel, accounting software, and financial management tools.
MS Excel (creating spreadsheets and charts and using financial Excel functions).
Understanding business operations, Statutory Requirements, Financial principles, Policies and Procedures.