Chief Financial Officer

2 months ago

Randburg, South Africa Capital Recruit Full time

Position : Chief Financial Manager

Location / Branch : Olivedale

Reports to : Board of Directors

Overview:

The Financial Manager is responsible for all aspects of Reporting, as well as ensuring finance

compliance with internal policies and procedures. The Financial Manager will report to and work

closely with the Board of Directors in the analysis and reconciliation of financial information,

executing on the financial strategy and in the development and implementation of accounting

policies, procedures and controls around Reporting.

Responsibilities:

Monthly preparation of financial reports detailing actual revenues/expenditure against

forecast/budgets.

Produce and present monthly financial reports for/to relevant stakeholders and executives.

Prepare and consolidate annual budgets in collaboration with the Board of Directors and

functional heads.

Financial Modelling/Scenario Analysis.

Involved in the maintenance/improvement and additions to the reporting tool (Fathom).

Engage with external auditors to ensure successful audit results and compliance. Ensure

appropriate external audit arrangements are in place and manage the audit process.

Ensure compliance with all statutory requirements relating to financial control, financial

management and accounting.

Produce annual financial reports and financial statements to agreed time scales to comply

with the requirements of the company and the South African legal framework.

Ensure implementation and adherence to finance policies, procedures and systems across all

teams.

Maintain current standing with all mandated local tax requirements, including submissions

of payments and reports. Assist with compilation of information for preparation of tax

returns.

Managing of the Bookkeeper.

Assisting with processing quotations, sales invoices, purchase orders and purchase invoices.

Loading payments on bank as well as new recipients and verifying proof of banking.

Assisting in getting all details needed for B-BBEE certification.

Creation of Fixed Assets in Xero.

Processing of manual journals.

Ad-hoc projects.

Skills /Competencies:

Essential

Leadership & Interpersonal Skills.

Self-Starter and goal orientated.

Works well under pressure/deadlines.

Highly numerate and able to analyse statistical information and interpret financial data to

produce reports which can be understood by non-financial colleagues.

Critical thinking and problem-solving skills.

Relationship building and ability to work with others.

Multi-tasking abilities.

Planning & prioritisation.

Expert level of Excel skills and experience with Business Intelligence systems.

Excellent communication skills, both verbal and written.

Computer literate: fully conversant with the current uses of information technology in the

workplace and uses IT as a management tool.

Ability to work at both a detailed and strategic level.

Experience/Knowledge:

Essential

AGA(SA).

3 years post articles management experience.

Experience in the preparation and finalisation of accounts in accordance with IFRS.

Up to date knowledge on new IFRS standards and interpretations including preparation of

technical accounting workpapers.

Up to date knowledge with South African Tax requirements i.e. Income Tax, VAT, etc..

Experience in budget preparation and reporting.

Knowledge of strategic and financial planning including costing, benchmarking, trends and

KPIs.

Desirable

CA(SA)

Previous experience on Xero accounting package.

Previous experience on Fathom reporting.

Previous experience on SimplePay payroll package.

Knowledge of telecoms industry & product distribution.

Predictive analysis, business models and analytical review.

Disclaimer:

The above information on this role profile has been designed to indicate the general nature and level

of work performed by employees within the specified role. It is not designed to contain or be

interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required

of employees assigned in this job.

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