Financial Manager

1 week ago

Durban, South Africa SHARON NUROCK RECRUITMENT CC Full time

Job Requirements:
Degree in Accounting or Commerce essential.
Min 5 years corporate finance experience with sound commercial exposure.
Excellent accounting knowledge and experience up to Annual Financial Statements.
Good knowledge of statutory and tax regulations.
Good knowledge of Accounting and ERP software systems.
Strong working knowledge of Excel and financial modeling.
Experience with Africa, Syspro and ZAP BI are added advantages.
Key Performance Areas:
Reporting to the Financial Director
Supervise competent staff ensuring functions are performed effectively and within deadlines.
Prepare and collate budgets and forecasts for the group and business channels.
Prepare the groups yearly rolling cashflow budget and forecasts.
Manage debtors and the Age Analysis ensuring that invoices, rebates, fees and payments are processed, complete, accurate and current.
Address and resolve legacy debtor and online accounts and overdue debtors.
Manage creditors ensuring documentation, payment requirements and settlement discounts are adhered to, are complete and accurate.
Review, reconcile and process credit cards on a monthly basis.
Prepare and process receipts, payments and journals for the foreign subsidiaries.
Perform bank and cash book reconciliations for the foreign subsidiaries.
Manage the cashflow and repatriations of funds from the foreign subsidiaries.
Liaise with banks and obtain foreign exchange rates for the payment of foreign invoices and apply conversions for payments and or financial reporting.
File payroll, taxation and statutory returns for foreign subsidiaries ensuring payments are made by deadline dates.
Perform monthly reviews of general ledger accounts for foreign subsidiaries and head office ensuring they are complete, accurate and current.
Perform monthly reconciliations of balance sheet accounts for foreign subsidiaries and head office ensuring they are complete, accurate and current.
Prepare monthly Management Accounts and Variance Reporting for subsidiaries.
Perform analytic reviews and investigate variances, provide solutions and or recommendations to reduce costs and maximise trading margins and profits.
Attend to the year-end audit requirements and schedules for the foreign subsidiaries and head office.
Liaise with auditors and tax consultants, provide data, and address queries.
Ensure annual financial statements and tax returns for the subsidiaries are completed, signed and submitted by deadline dates.
Attend to the deregistration of relevant non trading entities.
Comply with all statutory and or regulatory requirements.
Review internal controls and processes for operational areas and document or update standard operating procedures (SOP) and policies.
Ensure compliance with SOP and all financial policies and procedures.
Maintain and or implement an accurate filing system for all financial records and ensure archived data is available and accessible.
Skills and Competencies:
Mature.
Excellent written and verbal communication skills.
Ability to multitask and handle pressure.
Be flexible and adapt to changing environments.
Diligent with good values and work ethics.
A strong analytic mind with skills to interpret data, solve problems and find solutions.
Highly energetic and positive.
Be proactive with a "can do attitude".
Deadline driven.

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