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    Financial Manager - Roodepoort, South Africa - Red Ember Recruitment (PTY) Ltd

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    Description
    Job Description
    Red Ember Recruitment is seeking to hire a dynamic Regional Financial Manager based at the client in the Waterfront.
    Key Performance Areas
    • Financial Reporting.
    • Daily support to Contract Executives and units.
    • Prepare annual budget for the region.
    • Forecasting region's financial results.
    • Stock Management at units.
    • Cash Controls at units.
    • Daily Reporting of financials to the Support Center.
    • Fixed Asset Management.
    • Payroll review for region.
    • Handle insurance claims for the region.
    • Approve Speed.
    • Cost Management.
    • Liaison with external parties.
    • Staff Management.
    Performance Standard:
    • Ensure accurate and complete monthly consolidation of financial results of the Region.
    • Review of monthly financial results and commentary for accuracy.
    • Participate in monthly financial reporting meetings with regions/units.
    • Accurate and timeously submission of monthly financial results to the Support Centre within the set deadlines.
    • Balance Sheet recons such as accruals, and closing stock.
    • Review billing and ensure revenue is complete and accurate
    • Monthly flash reporting.
    • Internal and External Audits.
    • Work closely with the Region Contract Executive daily.
    • Provide daily financial and administration support and oversight to units.
    • Prepare the annual budget for the region.
    • Accurate and timeously submission of annual budget to Support Centre.
    • Ensuring the Region's financial results forecast is updated accurately and timeously.
    • Accurate and timeously submission of forecasts to Support Centre.
    • Ensuring proper stock management at units.
    • Ensuring unit adheres to SOP's.
    • Attend ad-hoc stock counts.
    • Review open orders and ensure all unit receipting is done daily.
    • Ensuring proper cash handling at units.
    • Ensuring unit adheres to SOP's.
    • Ensure cash is banked meticulously.
    • Accurate and timeously submission of daily financial reporting to Support Centre.
    • Follow up immediately on areas of concern e.g. low margins
    • Ensure proper fixed asset management in the Region.
    • Ensure the Region's fixed asset registers are accurate and kept current always.
    • Ensuring quarterly asset counts are performed and fixed asset registers are updated accordingly.
    • Ensure adherence to internal controls regarding fixed assets including but not limited to additions, transfers, and disposals.
    • Review monthly payroll for the region for accuracy and completeness, ensuring relevant approvals.
    • Ensure accurate and timeously submission of monthly payroll to Support Centre.
    • Handle insurance claims for the region where applicable.
    • Approve purchase orders where applicable ensuring spend is controlled and in line with company policies and procedures.
    • Overview and review of the Region's expenses, ensuring that expense budgets are adhered to drive margins in the unit.
    • Have a sound understanding of what factor impacts the margin for e.g. food basket and pricing.
    • Regular meetings with external parties where required, such as customers within the region.
    • Always ensure professional appearance and behavior.
    • Manage and oversee the financial and administrative staff within the units ensuring regular support is provided where needed.


    Requirements

    Qualifications and Experience:
    • B.Com Accounting or Similar.
    • Previous experience in hospitality or a catering environment.
    • Team leader.
    • Strong planning and administration skills.
    • Work unsupervised, self-starter.
    • Need to travel to the regions to visit units.
    • Strong Excel skills.
    • Work overtime when required.
    • Attention to detail is a must
    • Sound understanding of a financial control environment and the management thereof.


    Requirements
    B.Com Accounting or Similar Previous experience in hospitality or a catering environment Team leader Strong planning and administration skills Work unsupervised, self-starter Need to travel in the regions to visit units Very strong Excel skills Work overtime when required Attention to detail is a must Sound understanding of a financial control environment and the management thereof

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