Financial Manager | Claremont

SUMMARY:
Financial Manager | Claremont

POSITION INFO:

Requirements

Education

• Relevant graduate and postgraduate qualification

Experience

• 5+ years’ experience in a financial accountant role

Knowledge and skills

• Analytical
• Team player
• Professional
• Attention to detail
• Willingness to learn and/or ask questions
• Ability to act confidently in all interactions
• Strong ethics and awareness of fiduciary duties

Competencies

Leadership competencies

• Problem-solving
• Strong work ethic
• Accountability & Integrity
• Collaboration & teamwork

Strategic competencies

• Regulatory & compliance insight from a financial and entity wide perspective

Functional competencies

• Financial accounting & reporting
• Payroll
• HR
• Excellent time management across various functions

Desirable competencies

• Risk management
• BBB-EE verification experience

Systems used

• Accounting – SAGE Pastel Express
• Payroll – SAGE 300 & ESS
• SARS e-filing – submission of tax returns
• SARS Easyfile – IRP5 & EMP501 submissions
• Dividends Tax Desktop – DWT submission
• Shareholder reporting – AMG portal
• Prescient portal – Submission of provident fund contributions and employee changes
• FASSET portal
• Excel
• PowerPoint
• Word
• Outlook

Job requirements

Daily

• Cash management – place funds on call

Weekly

• Check to Budget, load, and approve payments
• Approve leave
• Approve training submissions

Semi-monthly

• Meet with the Office manager (discuss office operational matters and provide feedback on finance-related tasks)

Monthly

• Payroll
• Invoice Clients
• Produce Management accounts
• Shareholder reporting via their portal
• Monthly finance presentation with Deputy CEO
• VAT return submission and recon
• Monthly accounts for x4 small entities (Foundation, TRACT, Development Trust and Ikamva)
• Track CPD hours of the Representatives
• Debtor management
• Leave monitoring & reporting
• FSCA Financial soundness calculation
• Sub-lease calculation & invoicing
• Advertising Budget vs Actual reporting

Quarterly

• Dividends & DWT payment & returns
• Monitoring Development Trust repayments of loan
• Development Trust loan statements
• Client profitability report
• StatsSA submission
• Risk management meeting

Bi-Annually

• SARS EMP501 submission & IRP5 generation
• CPD report to Compliance
• Provisional tax submission & payment: & Ikamva
• Submission of the liquidity calculation to the FSCA
• Rebate payments

Annually

• STATSA financial submission
• FASSET submission
• Employment equity return
• FSCA AUM submission
• ASISA AUM submission
• Manage the audit of the five entities
• Insurance contents review
• Annual leave report to CEO
• Return of earnings report
• Submission of AFS to FSCA (via Compliance)
• Submission of AFS to relevant partners (Bankers, AMG)
• Audited SARB report
• Draft Budget
• Send out IT3(b)s
• SABC TV licence update
• Submission of FSTC
• Confirmation of personal information
• STATSA annual survey
• Assistance with the BBB-EE verification

Adhoc

• Office management function
• Maintenance of subscriptions