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Company: MCH International Recruitment

Date Posted: 2023-11-14 15:41:53
Industry: Manufacturing
Position: Financial Manager - Kempton Park, Gauteng
Job Location: Gauteng
Package: market related
Benefits:

Our client markets and sells tissue and hygiene products through Retail and Business-to-Business channels in South Africa and neighbouring countries. They are seeking a highly capable Financial Manager. The Financial Manager will manage the financial department and maintain internal control measures to ensure it is compliant to sound financial practices and good corporate governance. Supporting the Director in the achievement of financial objectives, identifying areas of risk and improvement, and ensuring timely and accurate reporting. The Financial Manager furthermore supports the Human Resources function with personnel and payroll matters.

Position details:

Type: Permanent

Job description / core competencies:

Prepare and report financial statements and auditors (internal and external).

Prepare and complete various weekly, monthly, and annual financial statements.

Complete monthly management reports.

Compile management accounts, including budgets, cash flows, variance analysis and commentaries.

Produce financial and management information.

Maintain the integrity and reliability of the financial data.

Ensure that month-end cut-offs are compliant in terms of company policies.

Manage the effective and timely provision of financial, statutory and sustainability reporting including cash flows, variance analysis and commentaries.

Oversee accurate reconciliation of all financial records to enable verification of the validity of transactions and to take appropriate action where required.

Supervise cash management activities.

 

Analyse and interpret financial information:

Complete analysis of financial data to understand and compare business results; interpret and analyse financial data to draw conclusions and trends from the financial analysis.

Complete profit and loss analysis.

Complete and update daily cash flow statement to establish working capital requirements.

Assist in the preparation and timely filing of all internal accounting and financial reports for governmental and regulatory bodies.

Accurately calculate and process VAT, provisional tax, etc.

Establish and monitor internal controls.

Implement corporate governance and compliance policies and processes to identify and manage risks and expose liabilities.

Manage and control the administration and financial processes.

Manage supplier and customer relationships; ensuring effective debtors and creditors processes are in place and adhered to.

Identify opportunities to minimize cost and increase revenue.

Manage the security of all assets within direct control, i.e. cash, fixed assets, in line with approved policies, processes and procedures.

Attract, retain, appraise and train, coach and develop finance and administration team members.

Location: Kempton Park, Gauteng


Job Qualifications, Skills & Experience:


BCom degree with Accounting NQF7+.

Recognised Management/ Leadership Diploma or Certificate – desired.

Knowledge and ability to use relevant accounting systems, e.g. Pastel and Syspro.

 

Experience required:

5+ years' accounting/ financial management experience in a similar environment, of which at least 2-3 years in a team lead/ management roll.

Computer literate; highly proficient in Excel, Outlook, PowerPoint and Word.

A working knowledge of the NCA, CRA, FICA and other legislation and frameworks relevant to the retail motor industry.

 

Skills and Expertise Required:

Able to communicate professionally at multiple levels in a professional, diplomatic, polite, and rational manner even when under pressure.

Interpersonal competence; effective at working with people.

Financial management and performance reporting.

Financial and commercial acumen/ thinking.

Financial and accounting control.

Sound knowledge and understanding of financial, accounting and tax concepts, financial statements, trial balance, financial record keeping process, etc.
 


Description:
Financial manager



 
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