Job Summary: The Financial candidate will have a hands-on role,  ensuring accurate and timely financial reporting, compliance with financial regulations, and managing day-to-day financial operations. The successful candidate will be responsible for all financial transactions, budgeting, and reporting, ensuring the financial health of the organization.

Key Responsibilities:

1. Stock Management: Oversee and manage inventory control processes, ensuring accurate tracking and reporting of stock levels.
2. Journal Entries & Reconciliations: Responsible for posting journals and performing regular reconciliations to ensure all financial records are accurate.
3. Bank Reconciliation & Posting: Manage daily bank reconciliations and ensure all bank transactions are recorded accurately.
4. Liaising with Bank: Work directly with banking institutions for financial matters, ensuring smooth transactions and managing financial arrangements.
5. Depreciation Management: Oversee the calculation and posting of depreciation in accordance with company policies and accounting standards.
6. Customer Invoicing: Oversee customer invoicing, ensuring timely and accurate invoicing in line with contracts and agreements.
7. Supplier Reconciliation & Sign-off: Oversee supplier reconciliations and ensure that payments are processed correctly. Final sign-off for supplier accounts.
8. Asset Register Management: Ensure accurate recording and management of the company’s assets and the integrity of the asset register.
9. Daily & Monthly Payments: Manage and ensure timely payments for daily operations and monthly financial obligations.
10. MMA Set Up & Audit Submission: Set up Monthly Management Accounts (MMA) and liaise with auditors for financial audits.
11. BBEE Compliance: Work with the team to ensure adherence to Broad-Based Black Economic Empowerment (BBEE) policies and regulations.
12. Budget & Actual Reports: Prepare and submit weekly reports comparing the budget against actual performance and highlight any discrepancies or concerns.
13. Payroll: Compiling of all employee support information to be used to prepare the monthly payroll.
14. VAT and Payroll Reconciliations: Preparing of bi-annual VAT and Payroll reconciliations.
15. Loan Account  Reconciliations: Preparing monthly loan reconciliations for group entities.
16. Cashflow Projections: Preparing of monthly/quarterly cashflow projections and reconciliations of variances thereon.
17. Treasury: Loading payments onto various banking platforms to be reviewed and released by executive management.