Financial Expert for Financial Recordkeeping and Reporting

1 month ago


Pretoria, Gauteng, South Africa Numeral XII (Pty) Ltd. Full time

Job Overview:

We are seeking a highly skilled Financial Expert to join our finance team at Numeral XII (Pty) Ltd.

The ideal candidate should have a strong background in accounting principles, financial analysis, and a passion for accuracy and attention to detail. This role offers an exciting opportunity to contribute to the financial success and growth of our organisation.

Key Responsibilities:

  • Financial Recordkeeping:
    • Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, and general ledger entries.
    • Reconcile bank statements and monitor cash flow to ensure the availability of funds for lending operations.
  • Financial Reporting:
    • Prepare and analyse financial statements, including income statements, balance sheets, and cash flow statements.
    • Generate regular financial reports for management to support decision-making.
    • Assist with month end closure.
  • Regulatory Compliance:
    • Ensure compliance with all relevant financial regulations and lending industry standards.
    • Assist in preparing documentation for external audits.
  • Loan Portfolio Management:
    • Monitor and track loans and their associated interest income, ensuring accuracy in loan accounting.
    • Calculate and record provisions for loan losses and assess the adequacy of loan reserves.
  • Budgeting and Forecasting:
    • Participate in the development of the annual budget and financial forecasts.
    • Analyse budget variances and provide recommendations for cost control.
  • Taxation:
    • Prepare tax returns (VAT & PAYE).
    • Stay informed about changes in tax laws and ensure compliance with tax regulations.
  • Financial Analysis:
    • Conduct financial analysis to assess the company's financial performance and identify areas for improvement.
    • Assist in financial modelling for new lending products and business initiatives.

Qualification and Experience Requirements:

  • Accounting/Finance degree or equivalent.
  • Minimum 5 years' experience in similar roles.
  • Ability to create logical and thorough financial reports.
  • Experience working with ERP systems, preferably Xero.
  • MS Excel Advanced (Non-negotiable)

Salary Estimate: R550,000 - R650,000 per annum, depending on experience and qualifications.


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