- Johannesburg
- Salary: R900 000.00 - R950 000.00 Per Month
- Job Type: Permanent
- Sectors: Accounting
- Reference: NFR005175/THM
Vacancy Details
Employer: Network Recruitment
As the Financial Manager, you will be responsible for the below:
- Take responsibility for financial management and reporting of transactional accounting across working capital cycles, ensuring accuracy and compliance with relevant accounting standards.
- Lead and manage the full accounts payable function, including analysis, reconciliations, risk management, ensuring suppliers are paid on time, and driving the current age analysis.
- Ensure effective accounts receivable processes by managing analysis, reconciliations, risk management and compliance with the allowance for doubtful accounts policy.
- Oversee the processing of restaurant sales and the full revenue accounting process.
- Manage the accounts payable function to meet financial reporting timelines, ensuring accurate supplier account reconciliations and timely payments, with ownership of vendor management processes.
- Lead the accounts receivable function to ensure accurate processing and reconciliation of sales and bank transactions, and manage franchisee and non-franchisee billings.
- Manage AR collection processes and drive adherence to credit risk management policies while minimizing financial losses in AP processes.
- Continuously optimize financial systems and processes related to AP and AR functions and adopt a proactive approach to enhance internal controls.
- Collaborate with internal departments, suppliers, and franchisees to foster relationships and achieve strategic objectives.
- Analyze the AP and AR age analysis reports to ensure timely and accurate accounting processes.
- Provide guidance and coaching to the Accounts Payable and Accounts Receivable teams while making decisions aligned with financial authority and reporting deadlines.
- Stay agile in response to changes in the business environment, including new sales channels and technologies, while seeking efficiencies in AP and AR processes.
Job Experience and Skills Required:
- Completed BCom in Accounting and related field.
- Completed articles are a must.
- 5+ years’ experience in a similar role.
If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za.
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.
We also invite you to contact us to discuss your next career move in finance!
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About Network Recruitment
Network Recruitment
Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.
Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.
Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.
Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.
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