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Head: Financial Accounting

Employer
IT Ridge Technologies Pty Ltd
Location
Benoni Benoni Ekurhuleni, South Africa
Salary
Competitive
Closing date
Mar 27, 2024

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Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Description
PURPOSE OF THIS ROLE
Management of the Finance Unit is split into two; the Head: Financial Management and the Head: Financial Accounting. The key purpose of this role is the day-to-day management of the Finance Unit and the maintenance of the trial balance.
KEY ACCOUNTABILITIES, MEASURES & INTERFACES

Under the direct supervision of the Chief Financial Officer, the Head of Financial Accounting will be responsible for:
Develop, maintain, and implement proper operational controls for financial efficiency;
Ensure complete operational compliance with manuals and policies, Board and Management financial instructions, and any applicable agreements/regulations;
Ensure that proper books of accounts of organisation are kept;
Manage monthly closure of accounts and ensure compliance with organisation's accounting policy and procedure;
Ensure that financial reports (including performance analysis and statutory returns) are timeously prepared for stakeholders such as Board and Management, and SARS;
Assist in the preparation of the Annual Financial Statements in accordance with IFRS and Organisation's accounting policies;
Ensure that cash-flow projections are done on a weekly basis and that the corporate is liquid
Ensure that suppliers are paid on time and in compliant with the Treasury Regulations
Ensure collection of income from customers
Ensure that all standing instructions requiring any input control or action by the finance department are met and observed precisely and correctly at all times;
Supervise the work performed by the finance team ensuring all items are timely and properly booked and trial balance is fully reconciled on a monthly basis;
Co-ordinate with internal and external auditors;
Ensure compliance with tax legislation;
Approval of purchase requisitions in line with the procurement policy.
Coordinate with the CFO on the best practice to manage organisation financial resources;
Keep the CFO fully informed at all times of any adverse or changed or unusual circumstances that may affect the corporation's financial position.

Profile
QUALIFICATIONS & EXPERIENCE

Tertiary Qualification in Accounting/ Auditing/ Finance is a requirement.
At least 5 years post-article experience in a finance unit at a supervisory or management level. Preference will be given to individuals from the financial and/or insurance industry.
Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics, or similar accounting system;
Extensive Knowledge: IFRS, Tax, Auditing, PFMA

We offer
Medical Aid Contribution, Provident Fund Contribution, Performance Bonuses

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