Financial Operations Specialist
1 month ago
Network Recruitment seeks a highly skilled Financial Administrator to join our team in Midrand. As a pivotal role in the organization, this individual will be responsible for maintaining accurate financial records, ensuring statutory compliance, and supporting decision-making processes with valuable financial insights.
Key Responsibilities:
- Management Accounts & Reporting
Assist in the preparation of management accounts, reconcile general ledger (GL) and balance sheet accounts, prepare and reconcile monthly financial and spend reports, conduct detailed variance analysis of management accounts against the budget for inclusion in monthly financial reports.
- Financial Processes & Controls
Ensure systems and internal controls are implemented and maintained effectively, manage the accounts payable process, ensuring payments are made within company terms and conditions, adhere to and update financial policies and procedures regularly.
- Audit & Compliance
Assist in managing the annual audit process with external auditors, ensure compliance with statutory and regulatory financial requirements, drive continual improvement in management reporting and compliance processes.
- Customer and Staff Engagement
Professionally communicate with customers regarding financial matters, issue invoices within approved timelines and follow up on payments, provide financial advice to staff on operational activities.
- Strategic Contribution
Create savings opportunities and record all savings for reporting to the CEO, interpret and explain the organisation's financial position at all times, contribute to the development and enhancement of finance department policies and procedures.
Requirements:
An Accounting Diploma qualification is essential. A minimum of 5 years' experience in finance is required, as well as proven experience in a similar finance or administrative role. Strong knowledge of financial reporting, management accounts, and internal controls is necessary. Proficiency in Excel is also required.
Compensation:
The estimated salary range for this role is R600,000 - R800,000 per annum, depending on experience.
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