Senior Financial Strategist

1 month ago

Johannesburg, Gauteng, South Africa Network Recruitment Full time
Network Recruitment

Job Summary:

We are seeking a highly skilled and experienced Financial Manager to join our team. As a key member of our finance department, you will be responsible for overseeing the financial management and reporting of transactional accounting across working capital cycles, ensuring accuracy and compliance with relevant accounting standards.

About the Role:
  • Take ownership of financial management and reporting of transactional accounting across working capital cycles, ensuring accuracy and compliance with relevant accounting standards.
  • Lead and manage the full accounts payable function, including analysis, reconciliations, risk management, ensuring suppliers are paid on time, and driving the current age analysis.
  • Ensure effective accounts receivable processes by managing analysis, reconciliations, risk management, and compliance with the allowance for doubtful accounts policy.
  • Oversee the processing of restaurant sales and the full revenue accounting process.
  • Manage the accounts payable function to meet financial reporting timelines, ensuring accurate supplier account reconciliations and timely payments, with ownership of vendor management processes.
  • Lead the accounts receivable function to ensure accurate processing and reconciliation of sales and bank transactions, and manage franchisee and non-franchisee billings.
  • Manage AR collection processes and drive adherence to credit risk management policies while minimizing financial losses in AP processes.
  • Continuously optimize financial systems and processes related to AP and AR functions and adopt a proactive approach to enhance internal controls.
  • Collaborate with internal departments, suppliers, and franchisees to foster relationships and achieve strategic objectives.
  • Analyze the AP and AR age analysis reports to ensure timely and accurate accounting processes.
  • Provide guidance and coaching to the Accounts Payable and Accounts Receivable teams while making decisions aligned with financial authority and reporting deadlines.
  • Stay agile in response to changes in the business environment, including new sales channels and technologies, while seeking efficiencies in AP and AR processes.

Requirements:
  • Completed BCom in Accounting and related field.
  • Completed Articles are a must.
  • 5+ years experience in a similar role.

Estimated Salary Range:

$80,000 - $110,000 per annum based on industry standards and location.

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