Financial Manager
Location: Westmead
Position: FM – Reporting to CEO
Salary: CTC will be R80k to R120k per month, depending on experience and fit
The responsibilities are as follows:
- Preparing analytical reports for team leaders as required.
- Ensuring that all records are in line with company procedure and accepted practices.
- Managing Administration Department: oversee and supervise the administrative function of the organization
- Managing IT Department: oversee and supervise the IT function of the organization
- Managing Payroll Administration: Monthly payroll, adjustment, and tax provision journal processing
- Keep updated on taxation legislation, returns, VAT, Income Tax, capital allowances and PAYE
- Cash flow management
- Monthly administration process review and control, ensuring that deadlines are met in line with requirements
- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
- Preparation of monthly results, sub-packs for MANCO, EXCO and board reports as and when required
- Review of monthly results corrections where required
- Quarterly submission of bank facility, investor covenant calculations and schedules
- Monthly asset review for movements, additions and disposals per budget, review of recording on asset registers
- Ensure all statutory requirements of the organization are complied with i.e. monthly VAT reconciliation, returns submission on e-filing and payment
- Daily management of banking system processing, releasing of creditors banking details, releasing of payments to creditors, signatory on banking instruments
- Establish guidelines for annual budget and forecast preparation, and prepare the annual budget in consultation with Managing Director
- Annual Insurance review
- Preparation of bi-annual reporting and financial statements, including mapping of Trial Balance for integration into group financial reports
- Responsible for annual year end audits, tax computations and post audit processing, filing of tax returns
- Investigate, initiate and then: Participation and liaison regarding company short term insurance and provident fund
- Monthly review of final payroll processing, reconciliations, submissions of returns and releasing of payments and creditor details on banking system
- Daily review of age analysis, assisting with collection issues
- Liaison with attorneys regarding collections
- Monthly review regarding credit and industry credit issues
- Authorizing and reviewing credit limits and credit facility applications
- Ad Hoc project input pertaining to IT and/or Admin Department
- Ensuring effective utilization of Human Resource Policies & Procedure in relation to Recruitment, Training & Development, Performance Management, Disciplinary and Grievance procedures
- Bi-annual Performance Development Discussion processing for HR training planning and performance management processes
- Prepare all supporting information for internal audits
- Assist with, explore, research, propose and manage innovative solutions and approaches
- Have fun!
Qualifications / Background / Experience
- At least 5 years Team management experience
- FSP, Logistics knowledge, dealership experience – a plus
- Good knowledge of innovative solutions and technologies
- Good knowledge of Business Intelligence
- Coaching/Quality experience an added advantage
- Qualification: CA(SA)
- Sound verbal, written and telephonic communication skills in English
- Advanced computer literacy (Microsoft Office, Word, Excel, Powerpoint)
- Experience in the banking and/or insurance industry (or other FSP) an advantage
Interpersonal/ Technical Skills
- Process and system knowledge essential
- Tax and Accounting knowledge
- Pedantic with detail and troubleshooting issues
- Problem solving, analytical/investigative skills skills
- Planning and organising skills
- Client Service orientated
- Sense of urgency in attending to issues and resolving problems
- Precise and accurate attention to detail – deadline driven
- Energetic and flexible disposition
- Ability to work under pressure and as part of a team, as well as relate to staff at all levels
- Team leader and team player
- High ability to multi-task
- Reporting skill
- Strong work ethic and high standards set for achievement
- Exciting and energetic innovator
Should you meet this criteria, please send your cv to kendall@proappoint.co.za
