Financial Manager

Cape Town Northern Suburbs
Salary: Market Related
Job Type: Permanent
Sectors: Accounting Finance
Reference: 10234

Apply before May 11 2025 | 58 Days left

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Vacancy Details

Employer: Exceed Human Resource Consultants

Overall responsible for reviewing and ensuring that the Trial Balance processing (and subsequent financial reports) is completed, materially accurate in all respects and compliant with accounting reporting frameworks (i.e. IFRS)
Ensure daily cash management enforced and forecast Cash Plan is kept up to date
Review monthly VAT Submission and approve submission on SARS platform
Manage Orchestly processes – ensure effective controls and forms available
Review the daily, weekly and monthly financial reconciliations (bank, creditors, etc) and ensure expenses are booked accurately
Ensure General Ledger (GL) allocations are done within statutory and reporting frameworks, is materially correct, and processing is done consistently
Coordinate supplier payments for local and foreign
Purchasing Foreign Currency via foreign exchange dealers and securing forward exchange contract (FEC)
Managing and ensuring adequate documentation trails for all import & export transactions
Understanding and assisting in the implementation of effective Working Capital Management processes;
Assist the CFO in creating a forward thinking financial & administration department which operates as a Value added service to the company
Assist the CFO in the Month end, Quarterly & Year end reporting requirements
Responsible for and supervise the daily financial administration (including the team members) and ensuring that data is captured correctly, accurately and on time and hold the team to account to deadlines
Assist in the completion and review of processing data when needed (i.e. Customer invoicing, Processing supplier invoices, ensure all suppliers captured)
Responsible for ensuring best practice is implemented at all times and raise awareness to areas needing to be looked at
Assist with transactions involving Rates of exchange, FEC, Incoterms, VAT, etc
Assist in maintaining and managing external relationships with banks, auditors and third-party vendors;
Assist CFO and other departments with effective flow on procedures and process flows that filter into finance department and related transactions
Assist CFO and ERP/IT in effectively managing ERP system
All entities should ensure that they have developed a Risk and control matrix (RACM) for all material (both quantitative and qualitative) account balances and processes and that these are regularly updated
Regular reporting processes should be established where the RACM is discussed, monitored, and updated where and when appropriate
Ensure that all CSA questionnaires have been responded to
Ensure that remediation activities have been implemented for all “No” answers and that these are tracked and monitored
Ensure that there is no “unwarranted reliance” on IT systems by reviewing ITGCs and IT remediation activities
Establish proper monitoring and reporting protocols relating to the financial control environment
Ensuring FICA compliance and submission of reports. Ensuring staff is trained and up to date with latest requirements.