Financial Operations Manager

2 weeks ago


Cape Town, Western Cape, South Africa GG Financial Recruitment Full time
Job Title: Financial Director

Job Summary

GG Financial Recruitment is seeking a skilled Financial Director to oversee the finance department and operations of the company.

Key Responsibilities

* Preparation of cash flow statements
* Preparation of management reports
* Analysing and interpreting management information
* Reviewing debtors ageing
* Reviewing and approving credit notes
* Reviewing, approving, and monitoring stock write-offs
* Reviewing creditors ageing
* Reviewing stock ageing reports
* Reviewing monthly payment schedules, including weekly payment schedules
* Reviewing balance sheet reconciliations
* Processing month-end financial journals
* Maintaining the fixed asset register
* Preparing and submitting VAT 201 returns on SARS e-filing
* Preparing and submitting payroll
* Preparing and submitting EMP 201 returns on SARS e-filing

Bi-Annual Responsibilities

* Managing the KPIs process for the team
* Setting individual team member's KPIs
* Recommending salary increases and bonuses for team members based on performance
* Preparing and submitting provisional tax returns on SARS e-filing

Annual Responsibilities

* Preparing budgets and forecasts
* Preparing audit schedules for the year-end audit
* Processing year-end audit journals
* Overseeing the year-end audit process
* Reviewing the provisional annual financial statements
* Closing the year-end in Acumatica once the annual financial statements are signed

Operations Management

* Assisting in operations and managing the operations team
* Monitoring and reporting operational statistics for the third-party logistics provider
* Ensuring the integrity of stock in all locations
* Reviewing costing for imported and local stock
* Overseeing all stock takes at all warehouses, including year-end stock takes

General and Ad-Hoc Responsibilities

* Maintaining data integrity across all systems
* Ensuring compliance with tax, accounting, and regulatory standards
* Implementing controls to streamline finance and operations functions and mitigate risks
* Leading, training, and upskilling the team
* Managing the IT, human resources, and payroll functions
* Ensuring compliance with foreign exchange control, CIPC, SARS, and DOL regulations
* Managing the treasury and banking profile

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