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AA Financial Manager

3 months ago

Durban, South Africa SHARON NUROCK RECRUITMENT CC Full time
Minimum Job Requirements:
  • C.A. (S.A.) essential.
  • Minimum 3 years experience as a Financial Manager, leading and managing a team.
  • MS Office (Excel Advanced, Word, PowerPoint, Outlook)
  • SAP experience, a strong advantage.
Key Performance Areas:
Report to the Financial Director:
  • Financial Control and Accounting:
    • Prepare annual financial statements.
    • Ensure monthly, quarterly and annual statistical data is compiled and reported.
    • Ensure the financial accounting complies with IFRS.
    • Monitor changes to accounting standards to ensure continued compliance.
    • Review general ledger reconciliations.
  • Financial Reporting and Budget:
    • Monthly preparation and publication of management accounts to EXCO.
    • Prepare and submit quarterly reports.
    • Prepare annual budget with full set of financial statements (statement of income and expenditures, statement of financial position, statement of cash flows).
  • Accounts Payable:
    • Review creditor reconciliations.
    • Authorise payments.
  • Fixed Assets:
    • Review Fixed Asset Register and reconciliation of assets.
    • Review capital expenditure requests.
    • Manage the preparation of annual capital expenditure budgets and review of reports for capital expenditure.
    • Provide assistance to the business in evaluating capital acquisitions.
    • Attend tender adjudication meetings for Capex acquisitions.
  • Accounts Receivable:
    • Manage collections and arrears.
    • Authorise customer credit limits.
    • Assist in resolving customer queries where needed.
    • Review all outstanding customer accounts and confirm collectability.
  • Taxation:
    • Review monthly VAT returns, ensuring that all payments are calculated and submitted and paid within respective timelines.
    • Prepare and submit annual tax return.
  • Staff Management:
    • Set departmental and individual objectives, to meet strategic objectives.
    • Ensure the effective management of the department/team by actively contributing to and supporting the companys people management agenda.
    • Evaluate and manage employee performance and implement corrective or remedial action where needed.
    • Identify, support and implement learning and development needs in collaboration with People Management.
    • Support transformation, execution and achievement of the companys EE plan.
  • General:
    • Attend to adhoc tasks as assigned by the Financial Director.
    • Develop financial reporting tools to assist with amongst others management accounts, product costing, profit analysis, new business assessment and capital expenditure.
    • Manage the online banking profile and provide first level support to the enrolled online banking employees and Managers.
Core Competencies:
  • Strong business acumen.
  • Strategic control.
  • Proven leadership strength.
  • Performance management.
  • Integrity.
  • Selflessness.
  • Adaptable.