Head of Finance

SUMMARY:
Join our client in the bustling Medical industry at Century City, Cape Town, as their new FINANCIAL MANAGER! The role kicks off in January, 2024, or even sooner if you're ready to dive in!

POSITION INFO:
Head of Finance Job Specification

• Salaries reconciliation and Journal
• Asset Register Maintenance, reconciliation and depreciation Journal
• NRCS Levies computation and Journal
• Accrual reconciliation and Journal
• Prepayments reconciliation and Journal
• Exchange Rate Updates
• AR Downpayment and AR Prepayment calculation and Journal
• Final checking on TB
• Reclassification and correction journals if needed after final check of TB
• Income statement per Business Unit Checking and reclassification journaling

• Income Statements with Year-End Outlook
• Income statement per Business Unit with Year-End Outlook
• Balance sheet with Balance Sheet schedules and interpretation
• GP Analysis on Invoiced Sales
• Aging Inventory and Inventory movement reporting - with quarterly provisions for aging inventory
• Sales Order Summary with future outlook
• Breakeven Analysis
• Conduct reviews and evaluations for cost-reduction opportunities
• Flux Analysis
• Budget vs Actual Analysis
• Monthly Interpretation of Financial Performance
• Compile Consolidation Pack
• Financial Analysis
• Monthly Reporting to BOD and Financial Review with CFO and FP&A

• Cash Flow Management
• Releasing Payments on Bank (and process payments when colleague is absent)
• Foreign exchange rate monitoring and risk management
• Biweekly Free Stocks and Inventory Management as well as meeting with stake holders in order to manage stock levels and report back to HQ
• Weekly AR Management to improve DSO and to report back to HQ
• Onboarding of employees on payroll system as well as any amendments
• Monthly Salary computation and Salary Report and Salary payments
• Bi-weekly Wage computation and payment
• STAT South Africa Submission (quarterly)
• Monthly Unemployment Insurance Fund submission
• Monthly VAT review
• Any additional Ad Hoc financial functions as required by HQ
• Corporate Governence: Annual BEE Submissions

• Compile Monthly Sales and Collected Orders Report
• Compile Monthly Sales Exec Summary with Sales Data
• Analyze costs, pricing, variable contributions, Sales results and the company’s actual performance compared to the business plans.
• Compute Selling Price Factors
• Computing pricing models on projects and one-on-one sales when required

• Management, assisting and guidance of 2 employees.
• General meetings with co-managers and employees regarding any operational subjects that needs attention

• Compile any additional information requested before meetings
• Attend meeting

• EMP Tax: Approve submission to SARS (bi-annually) and distribute EMP's to employees (annually)
• Company Tax: Approve provisional Tax computations payments (bi-annually)
• Assist in preparation of Audit File for Auditors
• Complete Fraud and Error Questionnaire

• Compile reports necessary for the year-end review meeting
• Compile annual budget

• Check TB and do reclassification journals (if needed)
• Do Exchange rate update journal
• Compile Financial Statements
• Compile Consol Pack
• Releasing Payments on Bank (and process payments when colleague is absent)
• Review and submission of bi-monthly VAT return
• Company Tax: Approve provisional Tax computations payments (bi-annually)
• Assist in preparation of Audit File for Auditors
• Complete Fraud and Error Questionnaire

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