Financial Manager
4 days ago
We are seeking a highly skilled Financial Manager to lead our finance department and team members in a dynamic environment. As a seasoned professional, you will be responsible for managing financial accounting, monitoring, and reporting systems, as well as ensuring accurate revenue recognition and conducting monthly reconciliations.
The ideal candidate will have a Bachelor of Commerce degree or equivalent, completed articles or in-service training, and a minimum of 5 years' experience in a similar role. Key requirements include being commercially sound, deadline-driven, and having attention to detail.
Responsibilities:
- Oversee financial accounting, monitoring, and reporting systems.
- Ensure accurate revenue recognition in compliance with company and accounting standards.
- Conduct monthly reconciliation of designated balance sheet accounts.
- Review and manage accounts receivable effectively.
- Control payables to mitigate company risk and reduce overheads.
- Produce precise financial reports within specified deadlines.
- Identify, investigate, and influence problem areas to improve results by analyzing financial results and trends.
- Monitor and forecast cash flows and predict future trends.
- Maintain and support key internal controls effectively.
- Keep track of the approval process and monitor actual expenditure vs. approved expenditure.
- Be responsible for the fixed asset register.
Credit Control Responsibilities:
- Work in the credit control section of the department.
- Ensure swift collection of monies owed to the practice.
- Work with clients to negotiate payment terms that are mutually beneficial and facilitate timely payments.
- Resolve disputes on invoices raised.
- Take necessary actions to keep bad debts low.
- Support the client-facing team to enable them to focus on client work with minimal involvement required on debt collection.
- Collect debt from complex client situations.
- Assist with legal action required.
- Prepare legal documentation for court cases.
- Oversee overall debt collection and advise the senior team on next steps.
Requirements:
- Bachelor of Commerce degree (or equivalent).
- Completed articles or in-service training.
- Minimum 5 years' experience in a similar role.
- Commercially sound, deadline-driven, and attention to detail.
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