Financial Manager

SUMMARY:
Our client in the import and export industry is looking for a qualified Chartered Accountant to join their team in Cape Town.

POSITION INFO:
Responsibilities:

• Supervise and evaluate the performance of team personnel; provide and/or conduct staff development and training of the staff.
• Weekly recon of stock / freight supplier accounts for review to the CEO and CFO.
• Compiling the creditors payment list weekly for the CFO.
• Ensure the Customer / Supplier invoices and credit notes are aligned and captured correctly.
• Ensure that the leadership team have accurate and timely financial information.
• Update the excel bank recon sheet daily (Dollar).
• Review and sign off bank recons daily.
• Process bank transfers/ deals (FEC).
• Process foreign outward payments.
• Compile monthly management accounts.
• Reconcile creditors accounts.
• Maintain and evaluate fixed asset accounts.
• Reconcile debtor accounts.
• Monitor control accounts.
• Monitor, review, and approve documentation related to accounts payable, accounts receivable, bank reconciliations, and inventory.
• Requesting and checking budgets
• Create working papers for provisions and revisions.
• Compile the VAT201 report.
• Compare the VAT404 with VAT201 reports.
• Requesting ISA statements and pass entries and reconcile.
• Process relevant month end journals.
• Keep FAR up to date with any additional assets.
• Process monthly the depreciation journal to Pastel and reconcile to FAR.
• File assets invoices for record keeping purposes and upload it to the cloud-based system.
• Draft new job descriptions/scopes for the finance department and posting of new appointments.
• Liaise with the recruitment agencies regarding new posts and be part of the interview panel.
• Assisting with year-end audits and working papers.
• Formulate methods to improve finances and develop recommendations concerning the company’s financial position.
• Plan, review, and update or revise automated and manual reporting systems for the company as appropriate.
• Lead and assist your team and ensure deadlines are met.
• Development of work plans and communication of those plans both verbally and in writing.

• BCom in Finance.
• Minimum of 3 -5 years working experience in a similar role.
• Take responsibility for content and quality of assigned work.
• Meeting the deadlines.
• Delegation of work and holding of subordinates appropriately accountable.
• Understanding of financial software.
• Strong interpersonal and communication skills.
• Ability to manage and guide employees with the financial processes.
• An understanding of financial statistics and accounting principles.
• An understanding of South African financial regulations, tax laws and accounting standards.
• Have the ability to lead a team.
• Experience in dealing with foreign currency and exchange rates.