Divisional Financial Manager

SUMMARY:
We are looking for a Divisional Financial Manager in the Randburg area that will be responsible for ensuring a smooth and accurate delivery of management accounts, items of statutory compliance and payroll matters. The Divisional FM will manage employees effectively to ensure deadlines are met and are of a high standard.

POSITION INFO:
Requirements:

• CA(SA) will also consider fully qualified CIMA
• 2+ years post article experience
• Payroll background (Understand the payroll process)
• Have relevant experience in managing a team
• Excellent inter-personal skills
• Strong Business Partnering – area earmarked for improvement needs to be the link with operations; and
• Inquisitive/Attention to detail – personality traits needed in order to manage the trust accounts.

• Ensure that companies are tax and statutory compliant
• Preparation and submission of vat (VAT201) and employee taxes (emp201)
• Ensuring all tax submissions are submitted timeously
• Resolve SARS/Tax related queries
• Ensure all accounts receivables/invoicing is accurate and sent to customers timeously
• Ensure all overdue customers are being managed and are reported to senior management
• Manage the payover process for collections & recovery entities
  • ensure all payovers are done within deadlines and accurately
  • Ensure exceptions are being managed daily
  • Review and recon the payover schedules, processes and procedures
  • Ensure completeness and accuracy of the fee, commission and interest calculated and invoiced to customers
  • Ensure weekly and monthly invoicing is accurate and complete
  • Submit accrual income/accrual income fees to be posted at month end
• Ensure capturing of trust bank accounts into Sage
• Ensure trust reconciliations are taking place and differences are being managed effectively
• Manage annual/quarterly Audits
• Technically proficient in Drafting Annual Financial Statements and related full IFRS, Cashflow Statements and Tax Computations
• Preparation of the Collection and Recoveries monthly and quarterly management accounts
• Daily bank balance reporting

• Ensure all new/terminated employees are captured correctly. Ie, Accuracy of payroll.
• Oversee, recon and analyse monthly payroll for the group of entities.
  • Ensure all deductions have been properly accounted for in the payroll run
  • Ensure payments relating to the deductions from employees are made to third parties and the necessary schedules are sent with deadline. (Example Old mutual and debt council)
  • Ensure accurate upload of payroll data (commission, overtime, incentives) onto payroll system
  • Run payroll report for sign off by each head of department/company
  • Upload payments and release payroll monthly
  • Ensure Company CIPC updates, new registrations and annual submissions are done timeously
  • Submission of employment equity for group entities
• Overseeing all audit and review requirements for all entities in the division
• Back office management
  • Fixed asset tagging system
  • Facility management / supervision
  • Oversee the running of the Sage ESS system.

• A member of the greater business team.
• Represents the team in front of stakeholders, clients and/or users.
• Continuous learning
• Departmental innovation identification and revenue/cost/time saving

• Ensure the company’s shared services is always represented professionally, ethically, and appropriately in all client interactions.
• Build cross functional relationships
• Contribution to learning through knowledge share.
• Proactive positive communication both external and internally

• Ensure all reported information is accurate, comprehensive, and timeous.
• Ensure the pay over reported to client is accurate and complete within the stipulated deadlines
• Ensure Tax and CIPC compliance
• Ensure accuracy of Payroll VIP report

• Ensuring consistency, reliability and accuracy of the information that is communicated between the company’s shared services (HoldCo) and internal/external clients.
• Inspiring a team to be customer centric and align themselves to the vision and mission of the company

NB! This job is now closed. You can apply for other jobs by uploading your CV.