Financial Operations Specialist

1 month ago

Pretoria, Gauteng, South Africa Midvaal Recruitment Full time
Job Title: Financial Operations Specialist

A highly skilled Financial Operations Specialist is required to join our team at Midvaal Recruitment. This role involves maintaining accurate financial records, overseeing accounting operations, and ensuring compliance with relevant laws and regulations. As a key member of the finance team, you will work closely with management to provide insights that support informed decision-making.

Key Responsibilities:
  • Financial Record Maintenance: Accurately record and manage all financial transactions, including accounts payable, accounts receivable, general ledger entries, and bank reconciliations.
  • Financial Reporting: Prepare detailed financial statements, including balance sheets, income statements, and cash flow statements, on a monthly, quarterly, and annual basis.
  • Budgeting and Forecasting: Assist in the preparation of budgets and forecasts, analyzing financial data to provide insights and recommendations for cost-saving measures.
  • Payroll Management: Process payroll accurately and on time, including tax calculations, benefit deductions, and compliance with labor laws.
  • Tax Preparation and Compliance: Assist in the preparation of tax returns, ensuring compliance with local, state, and federal tax regulations. Liaise with external accountants for year-end tax filings.
  • Audit Preparation: Prepare documentation and reports for internal and external audits, ensuring all financial records are accurate and up-to-date.
  • Reconciliation: Perform complex reconciliations of accounts, including bank statements, credit card statements, and inter-company accounts.
  • Accounts Payable/Receivable: Manage vendor and customer accounts, ensuring timely payments and collections.
  • Software Management: Utilize advanced accounting software and tools (e.g., QuickBooks, Xero, Sage) to manage financial data and generate reports.
  • Cash Flow Management: Monitor and manage cash flow, ensuring sufficient liquidity for operations and strategic investments.
  • Financial Analysis: Analyze financial data to identify trends, variances, and areas of improvement. Provide detailed reports to management for decision-making.

Qualifications:
  • A Bachelor's degree in Accounting, Finance, or a related field is preferred.
  • A minimum of 5+ years of experience in bookkeeping or accounting roles, with a strong understanding of advanced accounting principles.
  • Proficiency in accounting software (e.g., QuickBooks, Xero, Sage) and Microsoft Excel (advanced functions).
  • Strong knowledge of payroll processing, tax regulations, and financial reporting.
  • Excellent attention to detail, with the ability to manage complex financial data and identify discrepancies.
  • Strong analytical and problem-solving skills.
  • Ability to work independently, prioritize tasks, and meet deadlines.
  • Excellent communication skills, both written and verbal.

Salary: R600,000 - R800,000 per annum, depending on experience.

Location: Johannesburg, Gauteng.

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