SUMMARY:
Finance Manager

POSITION INFO:

Position: Finance Manager

Reporting to: Group CFO

Location: Kempton Park

Duties:

• Plan, direct and coordinate overall financial activities of the group of Companies (SA, Botswana and Namibia) operations.

• Serve on the Board of the Company and other Group Companies as required.

• Compile budgets for the group of companies perform financial forecasts as required internationally.
• Manage cash flows of the group of Companies 
• Check and study financial statements on a regular basis.
• Revise and implement accounting department work procedures.
• Monitor and review accounting and financial data for completeness, accuracy, and        validity.
• Maintenance of fixed assets register.
• Assist in formulation and implementation of business strategies.
• Expose fruitless and wasteful expenditure in order to improve profitability of the organisation.
• Review trial balance on monthly before reporting.
• Verify investments and capex decisions.
• Report back to Cluster CFO on progress and staff problems within Finance.
• Monitor all user departments throughout the organization and ensuring compliance with all relevant standards and statutory requirements, including SARS, GAAP/IFRS.
• Tax calculations.
• Tax filing and obtaining the necessary tax certificates.
• Attend tax queries to and from Tax authorities.
• Ensure tax compliance and deadlines are met:
• Review of audit files in preparation of external and internal audits.
• Co-ordinate external audits and internal audits for the Head Office.
• Draft statutory financial statements.
• Responsible for tax & cashflow forecasts, actual cashflow and explaining variances.
• Calculation of provisional, income and deferred taxation.
• Completing the SOX compliance questionnaire, ensure compliances and report non-compliance to CFO (internal audit).
• Reporting monthly, quarterly and yearly reporting to Paris using internet-based reporting tools.
• Complete VECTOR & XRT (treasury) packages, review the latter for Namibia, Botswana and SA.
• Responsible for approving the suppliers'' application forms after assessing the risks.
• Formulate, review internal policies and procedures.
• Authorise and purchase foreign exchange contracts (FEC).
• Assist CFO with bonds & guarantees.
• Set KPls and targets for accounting staff.
• Coach and mentoring staff.
• Complete Stats SA questionnaire on a quarterly, half yearly and yearly.
• Review creditors'' payment reconciliation before payment.
• Monitoring the daily cash position of the company and invest excess funds to reduce the overdraft position.
• Authorise the BOP forms for incoming funds.
• Approve the change of supplier banking details.
• Calculation of the companies'' net financial result.
• Manage the relationships with the banks.
• Interact with financial institutions to ensure adequate facilities are available.
• Administration of bank guarantees/bonds.
• Interact with external auditors and ensure that annual external audits are performed and that audited annual financial statements are submitted timeously.
• Ensure that:

(i)              All monies are received and banked.

(ii)             Proper accounting records are kept.

(iii)           All statutory returns are rendered.

(iv)           All payments are authorised correctly

(v)            Expenditure is controlled within agreed estimates.

REQUIRED COMPETENCE AND/OR QUALIFICATIONS·

1. BComm/ BAccSci/ BCompt (Accounting) plus honours preferable.
   • Professional qualification (CIMA, ACCA, MBA or CA(SA))
   • Computer literate Google suites and JO Edward compulsory
     • At least 10 years’ experience as a Finance Manager
     • Experience in systems implementation
       • Should be prepared to travel
       • Financial organization skills
         • Proactive team leader and organisational skills

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