Divisional Financial Manager - Durban - Sharon Nurock Recruitment c.c.

    Sharon Nurock Recruitment c.c.
    sharon nurock recruitment cc background
    Description

    Job Overview

    The ideal candidate will possess strong financial acumen and leadership capabilities to oversee the Treasury, Finance, Procurement, IT, Risk, and Admin functions of the organisation.

    Main Responsibilities

    • Bachelor of Commerce with a major in Accounting is essential.
    • A minimum of 5 years' experience in a finance function is required.
    • Good knowledge of International Financial Reporting Standards (IFRS) is necessary.
    • Syspro experience is an added advantage.
    • Strong planning and organisational skills are crucial.
    • This role requires a motivated team player.

    Key Requirements

    • Bachelor of Commerce with a major in Accounting is essential.
    • A minimum of 5 years' experience in a finance function is required.
    • Supervisory or management experience is essential.
    • Good IFRS knowledge is necessary.
    • Excellent Excel skills are required.
    • Syspro experience is an added advantage.

    Essential Skills

    • Strong planning and organisational skills.
    • Effective time management skills are necessary.
    • A positive attitude is essential.
    • Self-discipline is required.
    • This role requires a motivated team player.

    Accountability

    The successful candidate will report directly to the Chief Financial Officer.

    Finance Function

    • Manage and oversee the Finance department.
    • Review monthly management accounts.
    • Be actively involved in the annual budget process and the annual external audit.
    • Submit Value-Added Tax (VAT) returns for the respective entities.
    • Manage commercial investments via the Trust.
    • Prepare financial accounting and reporting.
    • Compile annual financial statements and ensure compliance adherence.

    Treasury Function

    • Administer bank accounts.
    • Determine cash flow requirements.
    • Liaise with financial institutions on all statutory compliance matters.
    • Monitor and manage the organisation's cash investments.
    • Authorise weekly and monthly payments.
    • Attend to all other Treasury-related matters.

    Administrative Function

    • Manage administrative functions where needed.
    • Renew office equipment contracts.
    • Manage schedules of contracts and Service Level Agreements (SLAs).
    • Facilitate annual insurance renewal.
    • Review claims submitted, ensuring accuracy.
    • Ensure accurate processing of finance claims.
    • Represent the organisation as a South African Revenue Service (SARS) Representative.

    Risk Management Function

    • Track organisation risk and compliance, monitoring for acceptable levels.
    • Liaise with relevant departments to ensure compliance on risk items.
    • Maintain risk registers and legislation compliance.
    • Prepare quarterly reports for the Risk Committee.

    Procurement Function

    • Manage and oversee personnel, strategic, and operational procurement functions.

    Information Technology Function

    • Manage and oversee the IT department and outsourced consultants to meet IT requirements.

    Packages and Remuneration

    R630,000.00 per annum (cost to company) - negotiable



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