Financial Manager Market Specialist
5 days ago
A forward-thinking company revolutionizing the payment industry is seeking a Financial Manager to oversee all financial operations of the business. Key responsibilities include:
- Month end processes and reconciliations
- Maintenance and updating of the reconciliation files
- Processing of month end journals
Proficiency in IFRS and a Bachelor of Commerce degree in Accounting are required qualifications, while membership in an accounting body such as SAIPA, CA(SA), or PFA would be advantageous.
The successful candidate will be responsible for ensuring relevant reconciliations are balanced, balancing inter-company loan accounts and suspense account, reviewing correct processing of all ISA's, adjusting month end accruals, processing monthly revenue and cost of sales journals, overseeing entire month end process, and managing the accounting system.
Other key responsibilities include managing monthly billing processes to ensure invoices are raised to clients based on the billing information received from the business units and through their established billing procedures, managing monthly debit order collections process, responsible for daily, weekly and monthly working capital management, assessing funding requirements, ensuring proper measures are in place to meet working capital needs and future funding needs for growth.
The ideal candidate will have a strong quantitative and analytical skills, good written and spoken communication skills, vision orientated and purposeful individual, articulate and great communicator, meticulous with regards to attention to detail in both processing and reporting, proactive and self-motivated, ability to work autonomously and with little / no supervision, ability to operate under pressure and meet tight deadlines, great attitude and interpersonal skills, people orientated, team player, takes pride in his / her output.
This role offers a unique opportunity to drive business change by developing performance measures that support the company's strategic direction, promote awareness of cost and control throughout the business, implement financial and payroll policies, set up reporting structures, consider corporate governance and financial hygiene, manage cash flow, oversee banking, onboard new regions, acquire customer base from merger and acquisition of new business, ensure smooth take on of the client, inducting new accounting staff into the process.
Responsibilities also include allocating work to finance team, ensure proper segregation of duties, monitor and measure performance, conduct performance planning sessions (KPA's), monitor the functioning of the department, provide feedback, coaching and training, continuously monitoring existing and reviewing new reporting principles to ensure they align with IFRS, interpreting and communicating financial data to non-financial managers, providing direction and leadership to the finance team, motivating and fostering a fantastic team culture, drive business change by developing performance measures that support the company's strategic direction.
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