Assistant Finance Manager - Sandton

SUMMARY:
Role Purpose
The Assistant Finance Manager will be responsible for preparing accurate and timely monthly management accounts, maintaining the general ledger and ensuring that account reconciliations are completed accurately and within stipulated deadlines. The role requires strong cost and management accounting experience within a retail or retail property environment, with a particular focus on financial reporting, reconciliations, budgeting and financial controls.
Key Responsibilities
Financial Accounting & Reporting

• Prepare monthly management accounts and financial reports within stipulated deadlines.
• Review source documents, record daily transactions and process journals and general ledger entries.
• Prepare trial balances, balance sheets, income statements and supporting financial schedules.
• Reconcile general ledger accounts to the debtors ledger, balance sheet, income statement, loan balances and company accounts.
• Investigate, resolve and report accounting discrepancies and outstanding reconciling items.
• Maintain accurate accounting records, supporting documentation and monthly reporting files.
• Assist with the preparation of year-end financial statements and tax packs.
• Participate in annual audits and perform audit-related assignments as required.

• Perform and review general ledger reconciliations, ensuring accuracy and timely completion.
• Review and sign off weekly bank reconciliations prepared by the Credit Controller and Creditors Administrator.
• Review and sign off monthly creditors' reconciliations.
• Reconcile the gift voucher control account and tenant deposit accounts.
• Maintain the fixed asset register and ensure the accuracy of related financial records.
• Import daily bank statements into the relevant accounting system.
• Release creditor payments on the banking system when required.
• Ensure compliance with established accounting policies, procedures and internal controls.

• Assist the Finance Manager with the preparation, implementation and monitoring of annual budgets.
• Update annual budgets on the relevant financial management system.
• Monitor expenditure and assist with analysing financial performance against budgets.
• Provide accurate financial information to support management reporting and decision-making.
• Prepare annual turnover rental calculations, obtain turnover certificates from tenants and report delinquent tenants to management.

• Supervise and provide guidance to the Creditors Administrator and Credit Controller.
• Coordinate with other departments to obtain financial information, resolve transaction queries and ensure accurate accounting records.
• Report the status of account reconciliations and significant financial issues to the Finance Manager.
• Assist other departments with accounting-related queries as required.
• Attend meetings and provide relevant financial information and updates to management.

• Maintain the confidentiality and security of financial information and records.
• Complete special projects and additional duties as assigned by the Finance Manager.
• Work extended hours when required to meet reporting deadlines.

POSITION INFO:
Role Requirements Qualifications Matric (Grade 12). BCom in Accounting, an Accounting Diploma or a relevant accounting qualification. Additional accounting or bookkeeping coursework will be advantageous. Experience 2-3 years of relevant accounting experience. Practical cost and management accounting experience, preferably within a retail or retail property environment. Strong hands-on experience in general ledger, bank, creditors and balance sheet reconciliations. Experience preparing monthly management accounts, financial reports and budgets. Experience investigating and resolving account discrepancies. Experience supervising or coordinating finance administration functions will be advantageous. Technical Requirements Sound knowledge of accounting principles, procedures and financial controls. Strong reconciliation skills and the ability to identify and resolve discrepancies accurately. Good understanding of cost accounting, management accounting and budget monitoring. Proficiency in Microsoft Excel and the Microsoft Office suite. Experience using MDA or a similar accounting\/property management system will be advantageous. Good numerical ability and the ability to work accurately with financial data. Key Competencies Strong attention to detail and accuracy. Analytical thinking and problem-solving ability. Excellent planning, organisation and time-management skills. Strong financial and numerical aptitude. Professional and effective written and verbal communication. Ability to maintain confidentiality and handle sensitive financial information. Teamwork and a willingness to support other departments. Ability to supervise and guide junior finance staff. Accountability and the ability to meet strict financial reporting deadlines. Should you not receive a response within 10 working days, please consider your application unsuccessful.