About the Role

We are seeking an experienced Senior Financial Manager to join our team in Midrand. The successful candidate will be responsible for overseeing all financial aspects of the organization, ensuring accurate and timely financial reporting, and maintaining compliance with regulatory requirements.

Key Responsibilities

• Oversee Creditors team who:
• Reconciles creditors accounts
• Follows up on queries
• Requests outstanding invoices and credit notes to ensure timely and accurate cost processing is up to date and payments occur according to agreement and procedure
• Verify invoices against purchase orders/GRVs and resolve variances by liaising with supplier or buyer to initiate payment
• Attend to supplier/buyer queries by investigating and resolving
• Preparing payment requisitions
• Loading of transactions in the banks
• Drafting of payment schedules
• Capturing of all bank transactions including but not limited to forex, petty cash and credit cards
• Create new vendors and ensuring supporting documents are submitted for new vendor creation
• Preparing monthly balance sheet reconciliations including but not limited to forex, payroll, and credit cards, WIP, and project accounting
• Management and accounting of foreign exchange
• Ensure the debtors ledger is accurate and reconciles to the general ledger
• Reconcile debtors and all intercompany accounts monthly
• Regularly following up on outstanding debtors
• Record manual journals, where relevant and requested
• Process monthly depreciation and maintain the fixed assets register
• Liaise with Stores to ensure the accurate processing of goods received
• Manage the inventory control process and ensure that stock on hand is accurately reflected on the balance sheet
• Ensure expenses and other income are accurately reflecting in the applicable ledger
• Process monthly accruals
• Maintain the balance sheet and prepare monthly reconciliations
• Maintain the income statement and prepare monthly income statement analysis
• Prepare monthly management accounts
• Monthly accounting of VAT and payroll
• Accounting and filing of taxation
• Ensure the accounting for any labour-related costs to WIP (projects)
• Managing financial accounting system errors and enhancements with the applicable service provider

Requirements

• BCom Financial Accounting or equivalent qualification
• CIMA or CA(SA) certification an advantage
• 10 years experience in Manufacturing, with experience in manufacturing or automotive industry preferred
• Extensive knowledge of best practice accounting systems, policies, and procedures
• MS Excel ERP Systems knowledge and experience

Qualifications

• Formal education/certification in BCom Financial Accounting or equivalent qualification

Salary & Benefits

• Salary details not specified

About the Role

We are seeking an experienced Senior Financial Manager to join our team in Midrand. The ideal candidate will have a strong background in financial accounting, manufacturing experience, and expertise in best practice accounting systems and MS Excel ERP Systems.

Key Responsibilities

• Oversee Creditors team who:
• Reconciles creditors accounts
• Follows up on queries
• Requests outstanding invoices and credit notes to ensure timely and accurate cost processing is up to date and payments occur according to agreement and procedure
• Verify invoices against purchase orders/GRVs and resolve variances by liaising with supplier or buyer to initiate payment
• Attend to supplier/buyer queries by investigating and resolving
• Preparing payment requisitions
• Loading of transactions in the banks
• Drafting of payment schedules
• Capturing of all bank transactions including but not limited to forex, petty cash and credit cards
• Create new vendors and ensuring supporting documents are submitted for new vendor creation
• Preparing monthly balance sheet reconciliations including but not limited to forex, payroll, and credit cards, WIP, and project accounting
• Management and accounting of foreign exchange
• Ensure the debtors ledger is accurate and reconciles to the general ledger
• Reconcile debtors and all intercompany accounts monthly
• Regularly following up on outstanding debtors
• Record manual journals, where relevant and requested
• Process monthly depreciation and maintain the fixed assets register
• Liaise with Stores to ensure the accurate processing of goods received
• Manage the inventory control process and ensure that stock on hand is accurately reflected on the balance sheet
• Ensure expenses and other income are accurately reflecting in the applicable ledger
• Process monthly accruals
• Maintain the balance sheet and prepare monthly reconciliations
• Maintain the income statement and prepare monthly income statement analysis
• Prepare monthly management accounts
• Monthly accounting of VAT and payroll
• Accounting and filing of taxation
• Ensure the accounting for any labour-related costs to WIP (projects)
• Managing financial accounting system errors and enhancements with the applicable service provider

Requirements

• BCom Financial Accounting
• CIMA/CA(SA) qualification
• 10 years experience in Manufacturing
• Experience in manufacturing or automotive industry will be an advantage

Qualifications

• Formal education in Financial Accounting (BCom)

Salary & Benefits

• Salary: [Salary amount]
• Benefits: [Benefits package]

Note: The salary and benefits information is not provided in the original job description, so it cannot be included.