Financial Manager Role

3 weeks ago

Kempton Park, Gauteng, South Africa Sisol Recruitment Full time

Job Description

The overall purpose of this position is to manage financial records, analyze financial data and provide accurate and timely financial information to enable informed business decisions, ensure regulatory compliance and maximize profitability.

Key Responsibilities

  • Ensure all sub-ledgers/systems are closed as per agreed deadlines
  • Prepare and process all standard monthly journal entries
  • Maintain fixed assets. Record fixed asset movements and prepare the fixed assets reconciliation
  • Ensure all month-end journals are prepared accurately and timeously with relevant supporting documents
  • Assist the Senior Accountant in the preparation of the month-end flash and address all queries timeously
  • Accurately and timely prepare the management accounts ensuring all variances are investigated and resolved
  • Ensure that all balance sheet account reconciliations are prepared and submitted for review timeously
  • Timely and accurate submission of consolidated monthly reports,
  • Ensure timely close of all systems at month-end
  • Prepare monthly financial overview reporting including variance analysis against budget and prior year, providing explanations and business solutions to help mitigate risks;
  • Identify, investigate and analyze factors influencing business performance.

Taxation

  • Ensure compliance with all tax laws and regulations
  • Ensure Tax/Vat returns are prepared and submitted for review prior to submission to relevant revenue authority
  • Ensure once approved, all returns submitted within revenue authority timelines.
  • Monthly review of the revenue authority Statement of Account to ensure any penalties/interest levied immediately addressed with management

Internal Financial Controls

  • Prepare monthly balance sheet reconciliations
  • Ensure compliance to delegation of authority matrix
  • Ensure compliance to Transfer pricing policy document
  • Ensure minimum control standards are complied with;
  • Assist in the preparation of quarterly risk management packs;
  • Ensure internal controls and systems are effective and efficient;
  • Co-ordinate and maintain company contracts register
  • Ensure compliance to Transfer pricing policy document
  • Manage company document storage in line with legislative requirements

People Management

  • Actively manage the performance of the finance team through the performance management process framework as agreed with Financial Manager
  • Allocate tasks appropriately and provide support;
  • Provide support to the finance team in the completion of routine tasks and deliverables. Address any areas of improvement identified with the Financial Manager;
  • Provide timely guidance and feedback to finance team members to ensure that responsibilities and tasks are fulfilled on time;
  • Ensure the finance team is compliant with company HR policies and procedures

Year-end and Audit

  • Assist the finance team to ensure the timeous, accurate and complete submission of audit request to auditors;
  • Ensure short turnaround time to resolution of audit queries so that audit timelines are met;
  • Ensure year-end packs and supporting schedules are completed accurately and submitted within deadlines.

Requirements

  • Bachelor's degree in accounting or finance related degree
  • CA(SA) added advantage
  • Driver's License
  • Minimum of 3 years' experience as an Accountant
  • Minimum of 2 years' experience in people management

Estimated Salary: R800,000 - R1,200,000 per annum

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