Financial Controller

2 weeks ago


Pretoria, Gauteng, South Africa Numeral Financial Services Group Full time
Financial Accountant Job Description

Numeral Financial Services Group is seeking a highly skilled Financial Accountant 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.
  • Process Improvement:
    • Identify opportunities for process improvement and automation to enhance efficiency and accuracy.
    • Collaborate with cross-functional teams to implement process enhancements.

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