Financial Manager

Location: Randburg

We are looking for a dynamic and detail oriented Financial Manager for a company based in the Randburg area in their Shared Services Department.

Position overview:
This position will be responsible for the full function accounting duties pertaining to the business – debtors, creditors, petty cash, banking accounts, reconciliations, statutory returns and monthly reporting.
The successful candidate will gain hands-on managerial experience and broad exposure to the overall financial and operational performance of the business, contributing to sound financial control and informed decision-making.

Requirements:

• B.Com Accounting/Finance
• Working knowledge of IFRS/Relevant accounting framework
• Advanced Computer literacy, with specific reference to Excel
• Knowledge of ITS/NAV will be an added benefit
• Experience with all statutory taxes and SARS E-Filing

Skills:

• Strong analytical and problem-solving skills with high attention to detail
• A proven track record of system implementation, migration, and integration of systems.
• Experience in dealing with and managing statutory and BBEEE auditors, particularly from an information and general query standpoint.
• Expectation to work overtime during peak periods and ensure deadlines are met.
• Solid financial reporting and reconciliation capabilities
• Advanced Microsoft Excel skills (e.g. Pivot Tables, lookups, data analysis)
• Good understanding of cash flow management and forecasting
• Ability to interpret and analyse GP% and management reports
• Sound knowledge of VAT and statutory compliance requirements
• Strong planning, organisational, and time management skills
• Ability to manage multiple deadlines in a fast-paced environment
• Good communication and interpersonal skills, with the ability to engage across all levels of the business
• Ability to supervise, guide, and develop junior finance staff
• High level of professional integrity, confidentiality, and accountability
• Proactive, self-motivated, and able to work independently as well as part of a team

Responsibilities:

• Perform general ledger reconciliations and ensure accuracy and completeness of financial records.
• Prepare, monitor, and update rolling cash flow forecasts weekly, highlighting potential shortfalls or surplus cash positions.
• Prepare and review balance sheet reconciliations, investigating and resolving variances.
• Process monthly recurring journals and other necessary adjustment journals.
  Review, sign off, and oversee bank and credit card reconciliations.
• Manage and reconcile petty cash, ensuring compliance with company policies.
• Capture, maintain, and update the Fixed Asset Register (FAR). Ensure accurate accounting for asset additions, disposals, and transfers
• Calculate and process monthly depreciation journals.
• Prepare and analyse GP% (Gross Profit) reports, investigating margin variances and providing explanations to management.
• Assist with the preparation of monthly management reports, including the Income Statement and Balance Sheet.
• Develop and produce ad-hoc financial and management reports as required.
• Monitor and reconcile intercompany loan account balances.
• Responsible for VAT preparation and submissions, ensuring compliance with statutory and SARS requirements.
• Ensure all statutory, compliance, and client-required documentation is maintained and kept up to date, including:
  • CSD (Central Supplier Database)
  • TCS (Tax Compliance Status), TCS (Tax Compliance Status)
  • Any additional compliance or tender-related documentation
• Management, supervision, and development of finance staff members.

Please note only shortlisted candidates will be contacted. If you have not heard from us in 2 weeks, please consider your application unsuccessful.