Midrand: Senior Financial Manager

The Financial Manager is responsible for the following: A Bookkeeper Accounts Payable clerks Qualifications and Experience: BCom Financial Accounting./CIMA/ CA(SA). 10 years experience in Manufacturing, experience in the manufacturing or automotive will be an advantage. Extensive and detailed knowledge of best practice accounting systems, policies, and procedures. MS Excel ERP Systems knowledge and experience. Key performance areas: Financial Reporting: Oversee Creditors team who: Reconciles creditors accounts, follow-up on queries, request 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. Financial operations: Prepare and issue customer invoices, credit notes and statements of account promptly and accurately. Assisting in cash flow forecasting. Administration of banking facilities and collection and payment processes. Monthly filing of VAT returns and payroll taxes. Assuming responsibility for the CAPEX processes and procedures. Prepare statutory returns where applicable. Governance and Controls: File and maintain records of all source documents according to financial and audit requirements. Accountable for the financial year-end audit. Liaising with auditors to ensure annual audits are effectively performed. Attend to audit requests. Prepare reports, calculations, and documentation for any SARS audits. Develop, maintain, and ensure compliance to group, entity and regulatory regulations, processes, and policies.