Financial Manager

Job Objectives:

1. Treasury Management:
   • Authorize the issuance of cash, loans, and deposits.
   • Maintain and authorize limits and approvals on online banking profiles and payments.
   • Draft resolutions for updated signatories to ensure compliance and authorization.
2. Debt Ageing:
   • Review and authorize debt ageing reports.
   • Oversee the writing off of bad debts.
3. Accounts Payable:
   • Book Foreign Exchange Contracts (FEC) with the bank for foreign suppliers.
4. Payroll Input & Processing:
   • Authorize payments and transfers for payroll, including release 1 and 2.
   • Review employee tax submissions (EMP201).
5. Inventory Management:
   • Run stock snapshots, count stock, and compare actual stock with system inputs.
   • Perform variance reports, recounts, and investigations as needed.
   • Process stock adjustment journals and reconciliation reports.
6. Month-end Reporting:
   • Approve loans and provide reconciliations and supporting documents to auditors.
   • Prepare and consolidate trial balance and review month-end reports.
   • Prepare additional month-end reports including Cost of Sales, Packaging, Working Capital, and Cash Flow Forecast Reports.
   • Review Annual Financial Statements and variance of stock reports.
7. Risk & Compliance Governance:
   • Calculate annual/monthly income tax, review calculations, and create income tax forms on e-filing.
   • Review and submit PAYE, VAT, UIF, SDL on e-filing.
   • Maintain the risk register, delegate actions, and follow up.
   • Prepare risk and compliance meeting packs, attend meetings, and ensure compliance with King III/COSO standards.
8. SARB Approval:
   • Review and approve the 12-month extension of imports report and submit to the revenue bank.
9. Staff Management:
   • Manage and lead a team of accountants.

Job Requirements:

• Qualification:
  • NQF Level 8 – Honours degree in Accounting.
  • Chartered Accountant (CA) with SAICA.
• Knowledge:
  • Financial knowledge and accounting principles.
  • Corporate Governance and tax regulations.
  • Month-end reporting, cash flow forecasting, and stock management.
  • Import and export processes.
  • Employee relations.
• Experience:
  • 3 to 5 years of experience as an Accountant (CA).
• Skills:
  • Proficiency in Microsoft D365 and advanced Excel.
  • Strong analytical, problem-solving, and numerical reasoning skills.
  • Effective verbal reasoning and people management abilities.
• Competencies:
  • Strong analysis and judgment capabilities.
  • Ability to direct people and make decisions.
  • Initiative and responsibility.
  • Ability to meet timescales and deadlines.
• Additional Requirements:
  • Flexible working hours as needed.
  • South African citizen.

If you meet the qualifications and are dedicated to maintaining high standards in financial management and compliance, we invite you to apply for the Senior Accountant position.