Financial Manager

2 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 Literacy
Sage 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 tracking
Must have own reliable transport
Salary: Rbasic - negotiable on experience

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