Finance Manager
Posted on 2025-03-23
| Employer | Sharon Nurock Recruitment cc |
|---|---|
| Salary | 0 |
| Category | Finance Accounting |
| Location | South Africa / South Africa |
Job Summary
Requirements:
- B.Com Accounting (Post-Graduate) or CIMA.
- At least 5 to 8 years financial experience; or
- Minimum 3 years, post articles.
- Internal audit experience.
- ERP and business intelligence knowledge and experience.
Competencies:
- Well versed in HR practice, relevant to managing the Finance department.
- Strong analytical skills.
- Good communication skills.
- Servant leadership style.
- Computer literate with excellent Excel and report writing skills.
Key Performance Areas:
Cash Flow Management:
- Maintain cash flow for the region.
- Liaise with the bank given customer requests and branch requests.
- Ensure adequate funds for scheduled payments.
- Maintain a high level of security around online banking and all banking systems.
Accounting and Finance Reporting:
- Review and ensure the monthly finance pack is submitted timeously monthly.
- Ensure compliance with Generally Accepted Accounting and Auditing standards
- Produce financial and management accounting reports for all branches (income statement, fixed assets, stocks and debtors).
- Review monthly costs and initiate anomaly investigations.
- Review balance sheet reconciliations monthly
- Submit monthly cost flash commentary.
- Collate and submit yearly budget.
- Expense management and control of expenses within budgeted framework.
- Provide national information for monthly payroll submission and VAT submission monthly.
- Complete year-end tax pack.
- Collate all BBBEE, internal and external audit requirements yearly.
- Ensure monthly reporting deadlines are achieved.
Accounts Payable Management:
- Streamline supplier reconciliation review monthly.
- Liaise with suppliers for query resolution on ageing supplier invoices not paid.
- Authorise monthly creditor journals.
- Manage the GRN process and manage imbalances.
- Escalate processing delays from warehouse; concerning goods received.
- Spearhead the Buyer/creditor meeting to assist with faster query resolution.
- Streamline the return to supplier process and obtain credits faster from suppliers.
Accounts Receivable Management:
- Manage outstanding debt.
- Assist with managing Credit Control staff.
- Assist with customer collections on top 10 customers.
- Report on Regional accounts receivable position monthly.
- Manage bad debt and authorise credit control journals.
- Overall supervision over Credit Manager.
Contract Management:
- Manage supplier SLA`s with service suppliers and General Manager.
- Negotiate with service supplier on yearly price increases.
- Facilitate lease renewals after reviewing the monthly lease schedule.
Branches/Operations:
- Monitor and manage finance related functions at the branches.
- Ensure quarterly stock counts and fixed asset counts are done at each branch.
- Assist with the opening and closing or relocating of branches within the region.
- Review branch expenses and assist Branch Managers in curbing monthly costs.
- Provide regional branch training given branch needs to be identified or requested.
- Manage the budget collation from branches.
Fixed Assets Management:
- Manage fixed asset register
- Review quarterly branch fixed asset counts.
- Assist retail branches with finance queries and reconciliations.
- Lead the sale of aged vehicles, collate offers and facilitate the sale of vehicles.
- Review monthly fleet journal and payment.
- Manage bank fleet card system for the region.
- Authorise maintenance vehicle claims daily.
- Liaise with bank representative on problematic claims and delinquent merchant providers.
- Facilitate the license renewal process for vehicle fleet for the region monthly.
- Assist Internal & External Auditors with requested data and reports.
- Lodge insurance claims and manage the claims process.
- Complete the yearly insurance declaration submission.
Risk and Governance:
- Ensure implementation of risk assessment and governance principles.
- Ensure adherence to operational controls, processes and procedures.
- Manage the disaster recovery processes and procedures.
- Complete the COIDA yearly application and payment for the yearly letter of good standing certificate.
BI & Systems:
- Ensure accuracy, integrity and completeness of all systems, BI and analytics.
- Review and monitor revenue and margin reports.
- Initiate daily reports from National IT to monitor certain costs and expenses.
- Initiate system enhancements.
- Approve IT capital expenditure.
Staff Management:
- Manage the Finance department and assist with Credit Control Management.
- Complete quarterly performance reviews.
- Assist team members with query resolutions.
- Manage leave management, workflow management and company resource management for Finance team.
- Spearhead training sessions and coach team members.
- Ensure weekly departmental meeting takes place.
Finance Manager position available in South Africa, South Africa. This job position was posted by Sharon Nurock Recruitment cc. The job has been posted as a char8000 ad on 2025-03-23 at 01:00:43 in the Finance Accounting category
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