Finance Manager

SUMMARY:
Our client is seeking a Finance Manager who will direct the financial operations of the company on b

POSITION INFO:

Our client is seeking a Finance Manager who will direct the financial operations of the company on behalf of the shareholders towards becoming a cost effective profitable organisation.

Responsibilities:

• Direct the financial operation of the Company on behalf of the shareholders towards becoming a cost effective profitable organisation.

• Manage and Control accounting department effectively and efficiently.

• Endure that the Finance and administration department meets its objectives.

• Sound financial management in terms of national and international accounting standards.

• Ensure the Company’s financial procedures and practices are according to Company and Group procedures and practices.

• Plan, direct and coordinate overall financial activities for the operations.

• Compile budgets for the company and perform financial forecasts as required by France.

• Manage cash flows for the company.

• Check and study financial statements on a regular basis.

• Revise and implement accounting department work procedures.

• Monitor and review accounting and financial data for completeness, accuracy and validity.

• Maintenance of fixed assets register.

• Assist in formulation and implementation of business strategies.

• Expose fruitless and wasteful expenditure in order to improve profitability of the organisation.

• Review trial balance on monthly before reporting.

• Verify investments and capex decisions.

• Report back to Cluster CFO on progress and staff problems within Finance.

• Monitor all user departments throughout the organization and ensuring compliance with all relevant standards and statutory requirements, including SARS, GAAP/IFRS.

• Tax calculations.

• Tax filing and obtaining the necessary tax certificates.

• Attend tax queries to and from Tax authorities.

• Ensure tax compliance and deadlines are met.

• Review of audit files in preparation of external and internal audits.

• Coordinate external audits and internal audits for the company.

• Draft statutory financial statements.

• Responsible for tax & cash flow forecasts, actual cash flow and explaining variances.

• Calculation of provisional, income and deferred taxation.

• Completing the SOX compliance questionnaire, ensure compliances and report non-compliance to CFO (internal audit).

• Reporting monthly, quarterly and yearly reporting to Paris using internet based reporting tools.

• Complete VECTOR & XRT (treasury) packages, review the latter for.

• Formulate, review internal policies and procedures.

• Authorise and purchase foreign exchange contracts (FEC).

• Assist CFO with bonds & guarantees.

• Calculation of the Mark – to – Market of the open FEC.

• Set KPIs and targets for accounting staff.

• Coach and mentoring staff.

• Complete Stats SA questionnaire on a quarterly, half yearly and year.

• Review creditors’ payment reconciliation before payment.

• Monitoring the daily cash position of the company and invest excess funds to reduce the overdraft position.

• Authorise the BOP forms for incoming funds.

• Approve the change of supplier banking details.

• Calculation of the companies’ net financial result.

• Manage the relationships with the banks.

• Interact with financial institutions to ensure adequate facilities are available.

• Administration of bank guarantees/bonds.

• Interact with external auditors and ensure that annual external audits are performed and that audited annual financial statements are submitted timeously.

Skills:

• Computer literate Google suites and JD Edward compulsory.

• Financial organisation skills.

• Proactive team leader and organisational skills.

Qualifications:

• BCom/ BAccSci/ BCompt (Accounting) plus honours preferable.

• Professional qualification (CIMA, ACCA, MBA or CA(SA).

• At least 5-7 year’s experience as a Finance Manager or Senior in Finance.

• Experience in systems implementation.

• Should be prepared to travel.

NB! This job is now closed. You can apply for other jobs by uploading your CV.