Senior Financial Operations Manager
2 weeks ago
Sentinel Staffing Services is seeking an experienced Senior Financial Operations Manager to join their team in Johannesburg South. This permanent position offers a competitive salary package, with a negotiable salary ranging from R60,000 per annum.
Job DescriptionThe ideal candidate will have a strong background in financial management, with a focus on cost and management accounting. They will be responsible for managing the financial department, including financial close procedures, budgeting, forecasting, and reporting.
Key responsibilities include:
- Managing the month-end financial closure procedures for three companies
- Preparing and analyzing monthly figures, reviewing them with the Head of Department
- Compiling accurate monthly management packs for the group, ensuring completeness, accuracy, and timeliness of all financial information
- Reviewing and signing off balance sheet and income statement reconciliations
- Developing, implementing, and maintaining internal controls and procedures
- Managing effective and efficient accounting processes
- Leading a cross-functional team to ensure compliance, accuracy, and efficiency in financial areas
- Preparation of year-end audit packs
- Reviewing audit schedules and assisting auditors in their inquiries
The successful candidate will also be responsible for treasury management, including import payment preparations, cash flow preparation, and weekly liquidity reporting.
Cost and Management Accounting ResponsibilitiesThe Senior Financial Operations Manager will be responsible for:
- Initiating, developing, and improving cost accounting systems, practices, and standards within the business
- Working closely with sales and design teams to establish customer pricing
- Assessing fixed and variable costs to determine the company's total cost of manufacturing products
- Managing gross margin analyses related to products, inventory, and overall value
- Executing month-end cost accounting close
- Managing import costing accuracy
- Establishing cycle counts and wall-to-wall physical inventory counts to investigate variances
- Analyzing stock for ageing, stock turnover, and accuracy of stock counts
- Updating standard costs in formulations (bill of materials)
- Analyzing costing information to collaborate with sales and finance teams to establish customer pricing
To be successful in this role, you will need:
- CA(SA) or CIMA/BCom (Hons) Accounting plus articles
- At least 3 years' experience in a financial management position
- A thorough knowledge of auditing and control principles
- Strong numerical aptitude and analytical abilities
- Advanced Excel skills working with large data
- Acumatica System experience is an advantage
- Ability to act professionally and confidentially at all times
- Ability to work independently and under pressure
- Attention to detail
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