Financial Manager (JB424)

Westville, Durban

R Market Related

Kontak Recruitment is recruiting for a Financial Manager vacancy based in Westville, Durban. The Financial Manager is responsible for all aspects of financial management, ensuring compliance with internal policies and procedures for all entities within the portfolio. This role is focused on compliance of all entities with regards to the submission of all returns and timeous finalisation of the management accounts and annual financial statements

To oversee the day-to-day work of the finance team and be responsible for the effective use and deployment of staff and financial resources.

To oversee the axillary businesses where necessary until such time as it may warrant full time Finance role to support the specific businesses.

Advanced degree in accounting, business, economics, finance, or a related field.

Qualified Accountant with relevant qualification and experience

Experience in the Consolidation of Group Financials (Caseware experience), preparation and finalisation of accounts in accordance with current South African regulation and regulations of other countries where necessary

Knowledge of strategic and financial planning including activity costing, benchmarking.

Experience in budget preparation and reporting.

Excellent computer literacy is essential. Fully conversant with the current uses of information technology in the workplace and uses IT as a management tool.

Proficient user of finance software.

Knowledge of current practice of internal auditing

Highly numerate and able to analyse statistical information and interpret financial data to produce reports which can be understood by non-financial colleagues and Banks.

Produce and distribute monthly management reports to agreed timelines

Produce detailed quarterly cash flow forecasts in various business where necessary

Produce financial reports detailing actual expenditure against forecast to agreed timelines

Produce required financial reports for members of the Board

Produce annual financial reports and statements to agree time frames to comply with the requirements

Develop annual budgets in collaboration with the Group CFO's where necessary

Manage statuary requirements. i.e. SARS, Provident Fund and Medical Aid Providers where necessary, to set timetables.

Lead on tax planning, including VAT related matters if required.

Maintain current standing with all mandated local tax and benefits registrations and requirements, including submissions of payments and reports.

Ensure compliance with all statutory requirements relating to financial control, financial management and accounting.

Ensure appropriate external audit arrangements are in place and manage the audit process to meet deadlines

Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors, and inter-company accounts

Ensure implementation and adherence to finance policies, procedures, and systems across all teams