This role is responsible to oversee the full financial function including the monthly reporting,compilation of financial statements, review of balance sheets reconcilaition , group reporting, implementation of financial controls and other related activities for all entities within the Deposita Group.
3. Key Performance Areas:
Effective Management of the Finance Department
Oversee day-to-day accounting operations including accounts payable/receivable, general ledger, and bank reconciliations.
Responsible for timely reporting of month end results to the holding company and group.
Ensure the integrity of financial records which will include inventory, debtors, supplier balances, general ledger, cashbook, customer processing accounts, revenue and costs.
Prepare monthly, quarterly, and annual financial statements in accordance with applicable accounting standards (e.g., IFRS/GAAP).
Lead the budgeting and forecasting process and provide analysis of variances.
Manage internal and external audits and ensure compliance with tax regulations and financial laws.
Implement and monitor effective internal controls to safeguard company assets.
Improve financial processes, systems, and reporting tools for greater efficiency and accuracy.
Support strategic planning and business decision-making with financial insight and analysis
Reporting
Managing month end and year end deliverables.
Review and approve month-end journals
Prepare and review reliable and accurate reports for the company
Overview of all GL Recons done by Finance Team
Meeting deadlines on submission of internal and external reports
Adherence to Group Financial Controls
Manage compliance with regards to statutory and regulatory returns
Handle all queries from SARS
Prepare Ad-hoc reports
People Management and Development
Ensure all team members have clearly defined job profiles aligned to the roles and responsibilities of the team members
Ensure performance contracts are in place and regular goal reviews completed to assess achievement of results
Manage the finance team to achieve group financial requirements
Provide support, training and mentoring continuously to ensure that objectives are met
Ensure completed development plans for each employee
Ensure that events/activities taking place in team are effectively communicated within the team and to other teams requiring the information
Health and Safety
Participate in the design/development/review/
implementation and monitoring of the region safety plans for each year
Participate in safety forums created by company
Comply with safety policies and procedures at workplace
Distribute safety information as and when required
Working Relationships
Laisse with external and internal auditors
Liaise with other departments in the company
MINIMUM REQUIREMENTS
Qualification
CA(SA) or BCom + Completed Articles*
Knowledge
Deep understanding of financial processes and principles
Proven experience managing teams and leading financial operations
Experience with accounting software (e.g., SAP, Oracle, NetSuite) and advanced Excel skills
Skills
Minimum 5 years of managing a full financial function
Computer literate - ability to work on Excel, MS Outlook, Word
Communication (written and verbal)
Good interpersonal and teamwork skills.
Problem Solving
Self-motivated and resourceful, with the proven ability to multi-task and operate successfully under tight deadlines and time pressures.
Attributes
Work under pressure
Dealing with changing circumstances
Attention to detail
Deadline driven
* Process Driven
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