Financial Management Specialist
24 hours ago
The Financial Manager will oversee all financial aspects of the company, ensuring accuracy and profitability. This includes managing ledgers, accounts receivable, accounts payable, payroll, attendance, employee retention, and other financial tasks. The ideal candidate will work closely with the team to develop specialized knowledge and create custom procedures for accounting needs.
Key Responsibilities:
Full function accounting: Ensure accuracy and profitability in financial ledgers, salaries, contracts, budget preparation, valuations, inventory management, statutory returns, reporting, employee performance evaluations, CCMA representation, labour law implementation, human resources, SARS processing, and secretarial duties.
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
Salary: Rbasic - negotiable on experience
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