Financial Manager

About the role

The Financial Manager reports to the Financial Executive and is responsible for enforcing financial and management policies, achieving the company's financial and business objectives and maintaining compliance with regulatory requirements. The role combines financial reporting, accounting oversight, tax compliance, treasury management, systems control, budgeting, risk management and support for operational decision-making.

Key responsibilities

• Compile and distribute management packs, financial statements and reports in line with accounting principles and audit standards, and enforce internal financial and accounting procedures including month-end and year-end requirements.
• Meet statutory reporting obligations: monthly management accounts, tax calculations, forecasts, annual and monthly tax packs, and SARS VAT and PAYE returns; prepare the year-end audit pack and liaise with external auditors.
• Maintain accurate documentation for financial transactions and prepare monthly balance-sheet and other reconciliations.
• Develop and maintain accounting systems for cash management, accounts payable, accounts receivable, credit control and petty cash, and oversee the financial accountant, clerks and data capturers in using the Syspro general ledger, accounts payable, accounts receivable and inventory modules.
• Review and sign off monthly bank reconciliations, post journals and adjustments at month-end, and ensure weekly and month-end Syspro balancing and integration.
• Oversee foreign inward and outward payments reported to the South African Reserve Bank, and oversee foreign-exchange contracts to cover exchange-rate risk.
• Prepare weekly cash-flow forecasts and daily cash requests, and review monthly results against budgets and forecasts, reporting significant variances.
• Assist with the annual budget and the annual insurance declaration, manage acquisition of capital assets and their recording, amortization and disposal.
• Implement policies to protect financial information and ensure compliance with legislation, and oversee updates to procurement, enterprise development, supplier development and socioeconomic information on the external platform, including BBEE audit verification.
• Support finance staff and operational management, assist the Executive team with financial reporting for management meetings and complete ad hoc assignments.

Required profile

• Grade 12 and preferably an Accounting or Financial degree, specifically a Bachelor of Commerce.
• Minimum of 2 to 5 years of experience.
• Strong interpersonal, people-management, team performance, coordination, analytical, problem-solving, written and verbal communication skills.
• Attention to detail, accuracy, ability to work under pressure, multitask and prioritize, with good time-management and organizational skills.

Required skills

• Advanced general computer literacy, including Microsoft Office.
• Knowledge of export and import Incoterms, VAT regulations, commercial terms and risk management.
• Knowledge of artificial intelligence tools.