Financial Manager - KwaZulu-Natal, New Germany
- Employer
- 121 Talent
- Location
- New Germany New Germany, KwaZulu-Natal eThekwini, South Africa
- Salary
- Competitive
- Closing date
- Mar 28, 2023
View more
- Job Role
- Finance Manager
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Our client, a well-established Manufacturing company based in New Germany, is looking to fill the position of Financial Manager.
Key Responsibilities:
Financial Accounting and Controls:
Treasury Management:
Planning and Forecasting:
Tax Compliance :
Asset Management
Internal and External Financial Reporting
Other
Supervision
Qualifications and Experience:
If you are interested in applying for this role, please send a detailed copy of your CV to [Email Address Removed]
If you have not been contacted within two (2) weeks, please consider your application as unsuccessful.
Desired Skills:
Desired Work Experience:
Desired Qualification Level:
Key Responsibilities:
Financial Accounting and Controls:
- Oversee all aspects of financial accounting processing and related controls in the business.
- Review and authorize monthly standard journal entries.
- Review GL reconciliations and ensure the reconciling items are appropriately addressed.
- Make recommendations for improvements to processes and controls.
- Ensure maintenance of appropriate internal controls and financial procedures.
- First point of escalation for accounts payable and accounts receivable issues.
- Ensure all month-end closing activities including control account reconciliation, integrities and reconciliations are in place.
- Completion of month-end/ year-end closing activities including financial results finalisation, review of control account reconciliations and preparation and submission of group reporting schedules.
- Preparation of annual financial statements complying with IFRS and relevant regulatory frameworks.
- Management of external and internal audits including addressing and remediating external and internal audit findings.
- Point of contact for the group finance team.
Treasury Management:
- Manage cash balances and prepare weekly, monthly and long-term cash forecasts.
- Oversee the cash flow plans and ensure that availability of funds as needed.
- Ensure payments to suppliers are based on terms.
Planning and Forecasting:
- Develop, coordinate, prepare and monitoring of budgets.
- Develop ongoing financial business plans, models and forecasts together with the analysis.
- Assist with financial modelling and analysis to support the development of long-term strategic initiatives and business plans.
Tax Compliance :
- Income Tax/ VAT/ PAYE compliance.
- Ensure compliance with tax law.
- Manage the company's tax return filings process.
Asset Management
- Oversee the maintenance of the inventory of all fixed assets.
- Ensure that assets are capitalized in terms of IFRS.
- Compute the depreciation expense.
- Ensure the useful lives and residual values are assessed annually.
Internal and External Financial Reporting
- Compiling balance-sheet, cash flows and supporting schedules for executive and board reporting.
- Submission of monthly/quarterly results to shareholders.
- Completing surveys (AFS, STATS SA, NAACAM, B03).
Other
- Assist with ad-hoc finance department projects.
- Annual insurance renewals and claims submissions.
- Maintenance of supplier, customer and service providers relationships (Banks, Audit Firms, Insurance Brokers) as a representative of the company.
- Performing research to address queries.
- Manage defined risks in the finance function.
Supervision
- Day-to-day management of finance and payroll teams' daily activities including setting and monitoring the task plan, reviewing work performed communicating key issues to executive.
- Evaluating the performance of staff members.
- Supervision and coaching of staff members.
Qualifications and Experience:
- Grade 12 Senior Certificate
- CA SA or B.Com Accounting Honours
- Preferred postgraduate or higher-level qualification. CPA is an added advantage
- 3-5 years of experience (post-article) in a relevant business area or manufacturing
- Knowledge and experience in IFRS and AFS compilation
If you are interested in applying for this role, please send a detailed copy of your CV to [Email Address Removed]
If you have not been contacted within two (2) weeks, please consider your application as unsuccessful.
Desired Skills:
- Financial Accounting
- Financial Reporting Management
- Financial compliance
Desired Work Experience:
- 2 to 5 years
Desired Qualification Level:
- Honours
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