Financial Manager

3 days ago


Sandton, South Africa Zenz Recruitment Full time

Financial Manager - Must have beauty exp.Financial Manager - Sandton area, are you looking for a new challenge working for a company owning various salons. Our client is looking for a motivated, highly organized and detail-oriented Financial Manager to join their team. As the Financial Manager you will be responsible for managing the financial ledgers, accounts receivable, accounts payable, payroll, attendance, employee retention and other financial tasks to ensure the company's profitability. You will work closely with the Company team to develop specialized knowledge and create custom procedures to meet the accounting needs of the business. Key Responsibilities : Full function accounting of financial ledgers to ensure accuracy and profitability. Salaries, contracts, preparing budgets, valuations, inventory management, statutory returns and reporting, employee performance evaluations, CCMA representation, labour law implementation, human resources, SARS processing and reporting. Secretarial duties in liaising and contracting between employees, consultants, bankers, landlords, suppliers, insurers and auditors. Comprehensive management of Director’s personal and business financial matters Accounts Receivable: Maintain records of credits paid to or owed to the company Prepare invoices and statements for customers Track overdue notices and send payment reminders General Ledger reconciliations Reconcile sales on POS system Accounts Payable: Utilize and analyse reports from POS system Track and oversee cash drawers and check to reconcile sales reports Direct money deposits and rectify credit card transactions Manage balances and monitor accounts Submit Turnovers to landlords by the 7th of each month Calculate and process SARS VAT, PAYE payments Payroll: Calculate employee salaries and hours for 100+ employees Determine salary amounts and keep tax withholding records Issue payslips and maintain payment records Calculate & process PAYE payments Attendance And Time Clocking: Monitor and track employee attendance and time clocking records Ensure accuracy and completeness of employee time sheets Reconcile time clocking records with payroll data Identify and address any discrepancies or issues related to attendance and time clocking Develop and maintain electronic balance sheets to monitor cash flow and profit Manage Director’s personal and business financial interests Create and implement systems for communicating with employees and vendors Set up commission structures for staff Utilize POS system to generate operating reports and analyse financial data Computer LiteracySage Accounting Pastel Payroll/VIP Sage Pastel/ MS Office Excel Windows MS Word Requirements:BCEA & Labour Law- In and Outs Leave & Absenteeism Taxation Updates Companies Act SARS efiling VAT PAYE Strong accounting and financial management skills Proficiency in Sage/Pastel software for financial management Excellent organizational and communication skills Ability to work independently and as part of a team Attention to detail and ability to maintain accurate records Experience with time clocking systems and attendance trackingMust have own reliable transportSalary: Rbasic - negotiable on experience



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