Overall responsibility: Accountable for the company’s compliance with GAAP/IFRS requirements Responsible for the preparation of monthly financial reports and the analysis of key financial information to optimise planning and cost management and drive performance to strategy requirements Ensure compliance on fiscal, POPIA, BBBEE and EE compliance requirements Assist with annual budget and mid-year forecast preparation to deliver the company strategy Annual external audit responsibility: Financial, BBBEE Main responsibilities of Focus Area: Key financial responsibilities: Driving the month-end procedures and timing within the finance team as well as the company Oversee and control the processing of general journals: accruals and provisions Prepare/review balance sheet reconciliations and ensure accruals are cleared within the set timeframe Continuous review of month-end processes to drive improvements to the management pack and reduce the time to close the month-end Timeous presentation of the monthly management pack and balance sheet for FE review Publish condensed management pack for CEO review Create finance presentation with FE Monthly month-end procedure review meeting to drive improvements and resolve issues that impacted negatively on the month-end Budget performance reports to budget managers, driving adherance to budget/forecast in place Commercial reporting: Prepare commercial Customer and Product Profitability reports Maintain reports and implement improvements where identified Regulatory compliance: Ensure the business adheres to local tax laws in terms of tax compliance and payment submissions where VAT, Income tax, payroll tax and corporate tax are concerned Develop and implement financial reporting to align with the relevant accounting standards such as IRFS and GAAP Preparing and manage external audits. Manage the BBBEE and EE reporting requirements with the various stakeholders in the company to ensure on time submission as required Develop and grow knowledge base of BBBEE and EE requirements and make recommendations to the business to contain risk and improve ratings Develop and grow knowledge base of POPIA requirements and ensure legal compliance is in place throughout the company Insurance: Collaborate with external insurance brokers in consultation with management to negotiate the best terms. Understand the insurance coverage and requirements and related products available in terms of Property insurance, Liability insurance, Business interruption insurance, Cyber liability insurance and Vehicle insurance. Understanding the financial implications of the different types of insurance on cost and financial statements Develop process to ensure that insurance premiums, claims, and liabilities are properly reflected in the financial statements Year end and AFS: Publish and control the year end close off procedures Ensure audit requirements are obtained and complied with prior to audit commencement Managing on site audit and drafting of AFS Fixed asset register: Manage fixed asset register on Evolution and ensure asset files are up to date Maintain wear and tear schedule Ad hoc/Budget: Involvement with project implementation if required Annual budget preparation and upload on financial system Requirements of the Role B Comm (Acc)/ CA or relevant qualification Minimum 5 years’ experience in a management accountant roll Strong team management experience Project implemetation experience as project lead Skills/Competencies Required Leading and motivating a team. Managing conflict in the team and building a team spirit Encouraging team decision making and provide opportunity to the team to give feedback Strong interpersonal communication Good time management skills Strong analytical abilities Adaptable and not adverse to changes Spreadsheet proficiency Deadline driven Please note, if you don’t hear back from us within 3 weeks please consider your application unsuccessful.
