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Financial Manager

3 months ago

Johannesburg, South Africa Smith Garb & Associates Full time
As part of the role, the successful candidate will be involved in the development of a financial and operational strategy and the ongoing development and monitoring of control systems designed to preserve company assets as well as ensuring accurate reporting of financial results.

The work and responsibilities will cover a range of activities, some of which would be:
  • Cash flow management.
  • Accounts Management.
  • Management of budget.
  • Management of Audit requirements.
  • Full Tax Management.
  • Financial Reporting.
  • FICA compliance and Reporting.
Planning
  • Support strategic initiatives.
  • Develop financial and tax strategies.
  • Capital requests and budget processing
  • Performance measures
Operations
  • Act as a Member of the Exco Team.
  • Manage the Accounting department
Annual External Audit
  • Ensure the audit is completed timeously
  • Prepare annual audit pack
Financial Information and Administration
  • Compile, review and approve monthly Board packs, management accounts and reports
  • Report financial results to the Board
  • Oversee cash management and ensure timely payments of creditors.
  • Review data and profitability analysis.
  • Review all balance sheet and creditors reconciliations.
  • Review all commission calculations and payments
Annual Budget Preparation
  • Plan the budget process and collate department budgets
  • Consolidate and review budgets, as well as preparation and presentation of same
Risk Management
  • Understand and mitigate elements of risk profile.
  • Maintain insurance coverage.
  • Ensure Good Governance, IFRS
  • Report risk issues
  • Ensure compliance with all policies and procedures
  • Ensure all financial controls are designed, implemented and operating effectively and perform quarterly assessments
B-BBEE
  • Responsible for supporting the development and implementation of the EE plan.
  • Drive the B-BBEE strategy to ensure targets set out are achieved.
  • Prepare yearly BEE audit pack.
Experience and Educational requirements:
  • CA (S.A.)
  • 2-4 years financial management experience.
  • Must have knowledge and working experience of MS-Word, Excel, PowerPoint and Sage X3.