AA Financial Manager

SUMMARY:
Our client, a large manufacturing company, long-established in Durban, seeks a qualified Chartered Accountant to oversee the financial management and financial control of the company.  Lead the strong Finance team to ensure efficient and effective financial operations and administration.

POSITION INFO:
Minimum Job Requirements:

• C.A. (S.A.) essential.
• Minimum 3 years’ experience as a Financial Manager, leading and managing a team.
• MS Office (Excel Advanced, Word, PowerPoint, Outlook)
• SAP experience, a strong advantage.

• Financial Control and Accounting:
  • Prepare annual financial statements.
  • Ensure monthly, quarterly and annual statistical data is compiled and reported.
  • Ensure the financial accounting complies with IFRS.
  • Monitor changes to accounting standards to ensure continued compliance.
  • Review general ledger reconciliations.
• Financial Reporting and Budget:
  • Monthly preparation and publication of management accounts to EXCO.
  • Prepare and submit quarterly reports.
  • Prepare annual budget with full set of financial statements (statement of income and expenditures, statement of financial position, statement of cash flows).
• Accounts Payable:
  • Review creditor reconciliations.
  • Authorise payments.
• Fixed Assets:
  • Review Fixed Asset Register and reconciliation of assets.
  • Review capital expenditure requests.
  • Manage the preparation of annual capital expenditure budgets and review of reports for capital expenditure.
  • Provide assistance to the business in evaluating capital acquisitions.
  • Attend tender adjudication meetings for Capex acquisitions.
• Accounts Receivable:
  • Manage collections and arrears.
  • Authorise customer credit limits.
  • Assist in resolving customer queries where needed.
  • Review all outstanding customer accounts and confirm collectability.
• Taxation:
  • Review monthly VAT returns, ensuring that all payments are calculated and submitted and paid within respective timelines.
  • Prepare and submit annual tax return.
• Staff Management:
  • Set departmental and individual objectives, to meet strategic objectives.
  • Ensure the effective management of the department/team by actively contributing to and supporting the company’s people management agenda.
  • Evaluate and manage employee performance and implement corrective or remedial action where needed.
  • Identify, support and implement learning and development needs in collaboration with People Management.
  • Support transformation, execution and achievement of the company’s EE plan.
• General:
  • Attend to adhoc tasks as assigned by the Financial Director.
  • Develop financial reporting tools to assist with amongst others management accounts, product costing, profit analysis, new business assessment and capital expenditure.
  • Manage the online banking profile and provide first level support to the enrolled online banking employees and Managers.

• Strong business acumen.
• Strategic control.
• Proven leadership strength.
• Performance management.
• Integrity.
• Selflessness.
• Adaptable.