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Financial Manager

Employer
Intellistaff
Location
East Johannesburg JHB - Eastern Suburbs Johannesburg, South Africa
Salary
Competitive
Closing date
Jan 22, 2025
View more categoriesView less categories
Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Reference: JHB003313-SS-1

Our client in the logistics/freight forwarding industry is urgently looking to employ a Financial Manager at their organizationDuties & ResponsibilitiesLocation: Germiston, Gauteng

Requirements:
  • Degree in Finance/Accounting
  • 5 years of experience as a Financial Manager
  • Must have experience within the logistics/distribution/freight forwarding industry (non-negotiable)
  • Must be willing to undergo a polygraph test
  • Must be able to cope with pressure depending on work volumes.
  • Able to handle conflict and resolve differences in opinion.
  • Bust be tech savvy.
  • Must have a strong understanding of corporate financial planning, risk management, and investment strategies.
Responsibilities:
  • Prepare and analyze financial statements, business activity reports, and forecasts to ensure accurate and timely reporting.
  • Monitor financial activities to ensure compliance with legal and regulatory requirements.
  • Supervise and lead teams involved in financial reporting, budgeting, and related activities.
  • Review financial reports and identify opportunities for cost reduction and efficiency improvements.
  • Analyze market trends to identify potential areas for profit maximization and business expansion.
  • Provide financial insights and recommendations to management to support informed decision-making.
  • Oversee cash flow planning to ensure liquidity and effective financial management.
  • Manage payment releases and facilitate fund transfers between accounts.
  • Administer and track petty cash disbursements and reconciliation.
  • Maintain and update the asset register, including overseeing depreciation calculations and management.
  • Manage the credit card cashbook to ensure accurate records of expenditures.
  • Oversee the salary account cashbook, ensuring timely and accurate payroll processing.
  • Lead and manage staff in various financial functions and departments, including:
    • Insurance
    • Debtors management
    • Creditors management
    • Payroll journals and reconciliations
    • Balance sheet reconciliations
    • Loan management, including current portion loans and interest calculations
    • VAT reconciliations, submissions, and audits
    • Amortization schedules and related reporting
  • Ensure timely and accurate reporting for external bodies, including Statutory Authorities (e.g., Stats SA).
  • Support budgeting processes and financial planning, including regular reporting.
  • Manage and oversee the annual audit process, including interactions with auditors and preparation of supporting documentation.
  • Coordinate rate increases, ensuring alignment with financial strategies.
  • Oversee debtor processes, including credit note processing, cancellation of sales orders, and related actions.
  • Supervise creditor processes, including invoice sign-off and reconciliation activities.
  • Lead IT-related activities, including the maintenance and setup of Pastel accounting software, user rights management, and database access for the organization.
  • Ensure effective Section 24 management, including Employment Equity (EE) management and implementation.
  • Oversee Broad-Based Black Economic Empowerment (BBBEE) compliance and strategic alignment.
Package & RemunerationMR - MR - Monthly

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