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    Financial Manager- Sandton - Johannesburg, South Africa - Top Talent Professional Services

    Top Talent Professional Services
    Top Talent Professional Services Johannesburg, South Africa

    5 days ago

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    Description

    The Financial Manager leads all day-to-day accounting operations, with functional responsibility for accounting, accounts payable, and reporting.
    Responsibilities also include production of financial reports; proper maintenance of accounting records; accurate processing of financial transactions and administration of a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the companys reported financial results, and ensure that reported results comply with generally accepted accounting principles, and result in flawless audits. Supports financial decision-making information by collecting, processing, analyzing, investigating, and reporting financial data.

    RESPONSIBILITIES
    Financial Management
    Prepare accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast and cash flow.
    Analyzes complex financial data and extracts and define relevant information; interpret data for the purpose of determining past financial performance and/or to project financial probability
    Manage, review and approve all payments in line with standard operating procedures.
    Review and approve month-end closing procedures, including expense
    allocations, account and bank reconciliations, and updating of related schedules.
    Maintain an orderly accounting filing system.
    Tracking and analysis of business performance in comparison to budget.
    Preparation and submission of VAT and Income Tax.
    Preparation of business models and due diligence as requested by Leadership.
    Effective Management of the operational finances.

    Internal Controls
    Manage audit requirements and remediate findings.
    Design and Implement controls and procedures particularly on receivables,
    payables, fixed assets, etc.
    Work with Senior Management and Group Risk to implement recommendations
    for improvement of financial management systems.
    Continuous review of the relevant accounting systems to ensure more efficient
    and effective reporting.
    Review of daily supplier payments to ensure all company approval policies and
    SARS requirements are adhered to.
    Effective Management of the operational finance department by establishing and
    maintaining financial mechanisms that reduces or mitigate financial risk.

    Financial Management Support
    Review of business unit to ensure revenue is complete and accurate and all
    related expenses are accurately correctly classified.
    Review and analysis of divisional performance against budgeted and producing
    reports.
    Review and approval of all supplier payments through sign of on expense
    payment packs and reconciliations.
    Review bank reconciliations.
    Prepare and manage budget workbooks.
    Preparation of tax calculations.
    Reducing of operating cost where possible by seeking new and renegotiating
    existing contracts.
    Reviewing of expenses and identifying opportunities for cost-saving.
    Review of suppliers and debtors ageing to ensure trade taking place within
    limits.

    Self-Management
    Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained.
    Demonstrate consistent application of internal procedures
    Plan and prioritise, demonstrating abilities to manage competing demands.
    Demonstrate abilities to anticipate and manage change.
    Demonstrate flexibility in balancing achievement of own objectives with abilities to understand and respond to organizational needs.

    EDUCATION
    Bachelors Degree in finance or accounting
    CA(SA)

    EXPERIENCE
    1 - 2 years experience in similar role

    Salary - up to R1 mill pa CTC

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