Financial Director Assistant

4 days ago

Durban, KwaZulu-Natal, South Africa SHARON NUROCK RECRUITMENT CC Full time
Job Summary

We are seeking a highly skilled and experienced Senior Financial Manager to join our team at SHARON NUROCK RECRUITMENT CC. The successful candidate will be responsible for leading the financial department and ensuring the smooth operation of all financial functions.

Key Responsibilities:
  • 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 company's 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 company's 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.
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.
Benefits:

This role offers a competitive salary package, including a base salary of R1,200,000 per annum, plus benefits.

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