Financial Operations Manager

4 days ago


Pretoria, Gauteng, South Africa Hr-Simplified (Pty) Ltd Full time

Job Description:

This role is responsible for managing the financial operations of a company, ensuring that all financial procedures are up-to-date and compliant with regulatory requirements.

Key Responsibilities:

  1. Review and analyze monthly expenses as per BI report
  2. Ensure correct entry of journals into Syspro and correct GL account allocations of all income and expense
  3. Verify that BI agrees with Syspro before uploading to ECS for group reporting
  4. Calculate monthly Sales and COGS journal between IMP and NCM for processing
  5. Calculate monthly royalty and recovery amounts
  6. Ensure timely posting of journals by ATR specialists and review BI report for completeness
  7. Maintain Fixed Asset register with assistance from ATR specialists
  8. Resolve balance sheet differences with ATR specialists
  9. Prepare accounts for financial year-end audit with assistance from ATR specialists
  10. Manage debtor's clerk functions and maintain Accounts Receivable module
  11. Ensure debtors' collections are within company credit limits and terms
  12. Manage Procure to Pay (PtP) team
  13. Review AP aging monthly to ensure creditors are paid according to set payment terms
  14. Work closely with PtP to ensure timely and accurate creditor payments
  15. Submit PAYE, UIF, and SDL returns by 7th of month as per SARS requirements
  16. Manage bank accounts and authorize payments
  17. Enforce discipline if required for staff reporting to this position and evaluate staff performance, recommending training


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