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Finance Manager
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General Details
Location:
Advertised By:Agency
Company Name:Umjikelo Recruitment Services
Job Type:Full-Time
Description
Main Purpose of Job
Establish, maintain and control the general financial function for the division in order to comply with the guidelines given by the parent company and the in-country head office and requirements by International Financial Reporting Standards (IFRS).
Responsibilities:
- Provide and interpret financial information
- Monitor and interpret cash flows and predict future trends
- Analyse change and advise accordingly
- Formulate strategic and long-term business plans
- Research and report on factors influencing business performance
- Analyse competitors and market trends
- Develop financial management mechanisms that minimise financial risk
- Conduct reviews and evaluations for cost-reduction opportunities
- Overall management of the company’s financial accounting, monitoring and reporting systems
- First point of contact in liaising with internal and external auditors
- Develop external relationships with appropriate contacts, i.e. auditors, solicitors, bankers and statutory organisations such as the receiver of revenue
- Produce accurate financial reports to specific deadlines
- Prepare budgets and forecasts to specific deadlines
- Prepare corporate tax and VAT calculations
- Supervise, train and develop staff
- Keep abreast of changes in financial regulations and legislation; ensure that the company is compliant
- Maintain a documented system of accounting policies and procedures in line with Group Policies and Procedures
- Monitor and manage BB-BEE information as provided by the Procurement Co-Ordinator before submission to relevant parties
Required Qualifications/Experience
- Grade 12/Matric/Senior school certificate
- CA (SA) with minimum 2-3 years’ post articles experience OR a minimum of 10 years’ experience in a Financial Manager role
- Automotive and Logistics industry experience is essential
This is an AA/EE appointment and ONLY applications from South African Historically Disadvantaged Individual (HDI) candidates will be considered.
If you have not received a response within 48 hours of submitting your resume, please consider your application as being unsuccessful.
https://protool.gumtree.co.za/external-link-browser.html?url=aHR0cHM6Ly93d3cuZGl0dG8uam9icy9qb2IvZ3VtdHJlZS8zOTA0NDA2NDQ3P3NvdXJjZT1ndW10cmVl&jid=375419&xid=3904406447
Id Subtitle 1013746730
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Umjikelo Recruitment Services
Selling for 2+ years
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An exciting opportunity exists for a suitably qualified and experienced individual to join the team as a Junior Financial Accountant/Financial Accountant.
This position is responsible for completing financial accounting activities to support the production of accurate and timely financial results in compliance with IFRS.
The ideal candidate must have a minimum of 3-Years relevant experience and must be a team player, with exceptional attention to detail and one who adheres to tight deadlines.
Primary Responsibilities for the Role
Perform financial accounting processes and perform a range of assigned month end close procedures including preparing balance sheet reconciliations and preparation of journals to support the month end process.Application of accounting standards and practices in accordance with IFRS and local country requirements.Preparation of monthly management accounts with comments on variances.Assisting in the monthly forecast process and assist in the preparation of annual budgets.Preparation of the finance board report and 12-month cash flow requirements.Liaising with the external auditor, facilitating an efficient audit as a continuous improved process.Assisting with Group internal audits and contribute to improvements in business processes and internal control.Provides technical expertise to ensure accurate and timely compliance with filings, includingworking with external providers to meet the local taxation and statutory compliance requirements.Assist financial manager and senior financial accountant with preparation of month-end reporting workbooks.Vendor and customer vetting and onboarding.Capturing of invoices and purchase orders.Administer accounts payable, accounts receivable, and assist payroll departments. Manage debtors book and collection of outstanding debtorsStrong knowledge and experience of accrual accounting, project accounting and WIP. Manage and maintain WIP schedules, RRiA schedules and monthly forecasts from businessKnowledge and experience with Microsoft office and SAGE X3.Other ad-hoc tasks
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Previous experience working in a geographically diverse businessSolid understanding of multi-currency finance environments
PERSONAL ATTRIBUTES
Focused and results oriented, driven by excellence.Deadline driven with ability to work well under pressure.Strong analytical ability to interpret financial information.Excellent organisational skills, attention to detail and pro-active decision making.Be a strong team player.Effective communicator at all levels and ability to work collaboratively with transparency.
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Our client is looking for a Finance and HR Manager to join their team.
Duties and Responsibilities:• Daily cashflow management and rolling cash forecast• Trade finance management• Daily forex trading, forecast and analysis – USD and Euro• Management Accounts• Financial risk management• Debtors & Creditors management• Financial analysis and insights• Preparation of Annual Financial Statements• Inventory Management• Preparation/review of input for Exco and board financial reports• Preparations of departmental and company budgets• Overseeing the compliance and timely submissions to the relevant statutory entities• Develop external relationships with appropriate contacts, i.e. auditors, customers, bankers and statutory organisations such as the receiver of revenue• Overseeing the entire payroll function• Develop and implement Human Resources and people development strategies, objectives, and processes.• Influence management and the operations of the ongoing need for transformation and drive it throughout the organisation• Maintain the organisations benefits programs - Provident Fund and Risk Benefit• Oversee and manage the Employment Equity plan• Developing, updating, and implementing all HR policies and procedures• Stays up to date with latest training requirements and curricula of training providers internally and externally• Managing the company’s annual Salary Review process
Key Skills• Attention to detail• Able to work under pressure and to meet deadlines• Good team player• Analytical and Critical Thinking• Leadership skills• Relationship Building
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7 Years of Experience
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• Matric• BCom Accounting• Minimum of 5-7 years of Financial and Senior Management experience• MS Office• Knowledge in VAT and Tax Act• Knowledge of Payroll processes
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JOB PURPOSE:
Prepare, examine and analyse accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to reporting and procedural standards.
RESPONSIBILITIES:
Financial Management and control Prepare monthly and annual financial statements for management and auditingpurposes. Ensure effective daily cash management of the company and Record asset transactions in respect of additions, disposals and transfers on a daily basis to ensure that transactions are allocated accurately in terms of amounts, VAT, description and account.
Financial Accounting Skills:Use full understanding of accruals accounting and the impact of entries on profit and loss account, the balance sheet and the cash flow statement. Compile complete, accurate and timely accounting records on a monthly basis. Preparemonth end file with reconciliations and documentation to support the trialbalance
EDUCATION General EducationB.com degree (Financial accounting) or equivalent CA(SA) undergraduate qualification at a SAICA accredited university. Completed Honours degree (CA) essential.
EXPERIENCE General ExperienceCompleted articles experience essential3 years post articles work experience in the Financial services industry(desirable )(Over 3 years to 6 years)Managerial ExperienceExperience of general supervision of more junior colleagues (7 to 12 months)
Financial Policies, Guidelines, and ProtocolsAssist with the delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.
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Introduction
A leading hybrid IT systems integrator and managed services provider company in Midrand are looking to recruit a Group Accountant to join their team.
Duties & Responsibilities
Monthly financial and management reportingMeeting specific month end deadlines in a timely mannerCapture financial entries, review financial performance and distribute financial reportsPrepare balance sheet reconciliationsFixed Asset Capex maintenance including applications, additions, disposal, depreciation and related accounting entriesPrepare Exco packs and PDF documentsMaintain internal control and compliance with company policiesAdhoc tasks as and when requested
Desired Experience & Qualification
BCom degreeAt least 3 years working experience as an AccountantUp to date Accounting experienceMust be able to communicate effectively (verbally and written) with managementProficiency in Excel and Outlook and knowledge of MS OfficeAbility to work under pressure in order to manage and meet strict deadlinesPerformance driven and attention to detail. Must be able to deliver results in a team environmentMust be reliable and accept responsibility for the tasks assigned to them
Package & Remuneration
R28 000 CTC
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