Head of Department: Accounting
5 days ago
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KEY PERFORMANCE AREAS
Financial Reporting and Compliance
- Oversee monthly Group reporting and ensure accurate general ledger reconciliations
- Prepare and review IFS (ERP System) and consolidation processes
- Ensure proper GL mapping in IFS for meaningful financial reporting
- Prepare monthly reports and variance analyses on results
- Conduct monthly and quarterly forecasting as required by Group
- Ensure compliance with local and international reporting standards,
- Implement relevant accounting policies and procedures
Taxation Management
- Tax planning and advisory on projects
- Prepare annual tax calculations and submit tax returns
- Control all SARS-related payments for accuracy and timeliness
- Review financial systems to ensure VAT calculations align with SARS requirements
Audit and Financial Control
- Manage annual external and internal audits and processes
- Prepare technically correct Annual Financial Statements in compliance with IFRS
- Review and enhance cost control measures
- Develop comprehensive monthly cost reporting
- Establish forums to discuss actual vs budget costing
Treasury Management
- Management of treasury functions and regulatory compliance
- Control all third-party payments, ensuring accuracy and timeliness
- Conduct weekly/monthly cash forecasting to optimize resources
Process Improvement
- Develop meaningful financial reports for business decision-making
- Create suitable interfaces between accounting and reporting systems
- Implement process improvements for automated month-end reporting
- Optimisation of the payment system
Team Leadership and Development
- Ensure all financial staff are adequately trained to perform their duties
- Implement succession planning, career paths, and performance management
- Effectively manage the finance team with a focus on development and growth
- Drive adherence to strict reporting deadlines
QUALIFICATION
- Chartered Accountant (CA).
EXPERIENCE
- Minimum 5 years post-article experience, preferably in Project Engineering or Construction environments
- 5-10 years' experience in a leadership role
- Demonstrated experience with ERP systems (IFS)
- Accounting / Financial Services jobs
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