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Group Financial Controller

2 months ago

Stellenbosch, South Africa Arvo Full time

Our client in the hospitality sector is currently looking for a Group Financial Controller / Accountant to join their team as soon as possible. The successful candidate will be based in their office in the Western Cape which is based on the Old Paarl Road.

The position sits at the group level reporting to the Group Financial Manager to provide financial support to the Group executive team through oversight of the controls and processes of the financial reporting and treasury processes between the various subsidiaries and the investment company. You will be responsible for liaising with our various accountants to ensure timely completion of monthly reporting for the various subsidiaries and processing the month end for the holding company.

In your capacity as the Financial Controller it is envisaged that you will be responsible for the following tasks:

Tax & Regulatory overview
- review VAT submissions of underlying investment companies and prepare holding company submissions
- co-ordinate with accountants & general managers to ensure annual filings with SARS, CIPC, StatsSA are performed and filed

Payroll
- General Manager incentive calculations
- Liaise with General Managers and payroll provider to ensure payroll policies are complied with
review of payroll submissions from consultants to ensure compliance with incentives provided, loan deductions and errors from GM's submissions (extra overtime, correct time sheets included)
-checking sales rep incentives

Treasury
- Inter-company loan reconciliation
- 3rd party debt monitoring & updates to Xero
- Cross border payments preparation (December & January)
- Payment submissions review of underlying companies
- Credit card top ups and banking transfers

Dashboards & Reporting
- Maintaining day to day accounting of the company's commercial (payment reconciliation, remittance advice etc)

-Month end closing of management accounts ensuring R&R teams have completed their companies and closing Commercials accounts.
- Preparation of weekly financial/operational dashboards for management
- Assist with customer queries from management team (specific sales reports etc)

Procurement
-Reconciliation of supplier invoices in Xero to Procurement reconciliation of sales and purchase invoices
-Payment submissions for supplier invoices that have been reconciled
- Monitoring fruit procurement team to ensure deal completion from order to final payment. (finding any invoices not re-conned by them and querying them)
- Reconciling supplier statements to ensure completeness of procurement reconciliations provided

Additional tasks would include

-Ad hoc assistance with annual financial statements when capacity available

-Custom queries of Xero data for GMs/Commercial Team

-Reviewing GM's petty cash calculations and aged receivables status

Salary: R30 000 to R45 000 (depending on experience).

Positions Location: The successful candidate will be based in their office in the Western Cape which is based on the Old Paarl Road. 

Starting date: As soon as possible.

Please apply online if you meet the above-mentioned requirements.

Please assume that your application was unsuccessful If you have not been contacted within 4 weeks.