Team Lead: Financial Operations

2 weeks ago


Cape Town, South Africa Rain Full time

**Key Performance Area**

**Creditors processes**
- Ensure creditors team are processing supplier orders and invoices accurately and within deadlines.
- Ensure compliance with accounting and VAT/ tax requirements.

**Review and approve creditor**
**reconciliations.**
- Ensure creditor accounts are accurately reconciled.
- Ensure payment amounts are correct.

**Payment processes**
- Ensure supplier payments are scheduled and loaded correctly.
- Approve payments.

**Cashflow management**
- Reconcile upcoming supplier payments.
- Forecast expected purchases.
- Forecast cash requirements.
- Analyse variances in actual cashflow from forecast.

**Foreign currency transactions**
- Determine foreign currency requirements and execute foreign currency transactions.
- Review and process foreign currency revaluations.
- Forecast FEC requirements and utilize FECs.
- Reconcile forex gains/ losses.

**General Ledger and analysis**
- Review cost accounts on a monthly basis.
- Analyse expenses and provide commentary on costs.
- Ensure compliance with IFRS.

**Prepare reports, recons and analysis**
- Prepare ad hoc reports, recons and analysis as required.

**Audit**
- Prepare recons & reports required for audit purposes.
- Ensure processes and documentation meet audit requirements.

**Risk management, processes & controls**
- Maintain vigilance over new operational and financial risks and implement controls to mitigate risks.

**Knowledge and Experience**
- Good excel skills and able to perform reconciliations. Analytically minded with the ability to work on own initiative and priorities work. Deadline driven and goal oriented.
- Leadership skills and experience.

**Personal Attributes**
- Supervise team members to ensure finance department objectives and deadlines are met.
- Review teams recons & reports to ensure the accuracy thereof.
- Manage the performance of team members.
- Plan and approve leave schedules to ensure mínimal disruption to operations.
- Develop teams skills through coaching.


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