Team Lead: Financial Operations

 

Recruiter:

Rain

Job Ref:

CPT000026/NM

Date posted:

Thursday, April 7, 2022

Location:

Capetown, South Africa


JOB SUMMARY:
The purpose of the Group Accountant role is to provide support to both the finance team as well as the Senior Manager - Financial Operations.
This support will be in the form of:
- Supervising creditors processes
- Reviewing and approving payments
- Staff management
- Cashflow management

JOB DESCRIPTION:

Key Performance Area
Creditors processes
- Ensure creditors team are processing supplier orders and invoices accurately and within deadlines
- Ensure compliance with accounting and VAT/ tax requirements

Review and approve creditor reconciliations
- Ensure creditor accounts are accurately reconciled
- Ensure payment amounts are correct

Payment processes
- Ensure supplier payments are scheduled and loaded correctly
- Approve payments

Cashflow management
- Reconcile upcoming supplier payments
- Forecast expected purchases
- Forecast cash requirements
- Analyse variances in actual cashflow from forecast

Foreign currency transactions
- Determine foreign currency requirements and execute foreign currency transactions
- Review and process foreign currency revaluations
- Forecast FEC requirements and utilize FECs
- Reconcile forex gains/ losses

Team management
- Supervise team members to ensure finance department objectives and deadlines are met
- Review team’s recons & reports to ensure the accuracy thereof
- Manage the performance of team members
- Plan and approve leave schedules to ensure minimal disruption to operations
- Develop team’s skills through coaching

General Ledger and analysis
- Review cost accounts on a monthly basis
- Analyse expenses and provide commentary on costs
- Ensure compliance with IFRS

Prepare reports, recons and analysis
-Prepare ad hoc reports, recons and analysis as required

Audit
- Prepare recons & reports required for audit purposes
- Ensure processes and documentation meet audit requirements

Risk management, processes & controls
- Maintain vigilance over new operational and financial risks and implement controls to mitigate risks

Any other ad hoc duties as may be required

Qualification, Knowledge and Experience
  • Postgraduate accounting degree or equivalent qualification.
  • 3 years’ experience in a similar role or equivalent experience.
  • Good excel skills and able to perform reconciliations. Analytically minded with the ability to work on own initiative and priorities work. Deadline driven and goal oriented.
  • Leadership skills and experience.

 

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



 

 

 

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