Junior Financial Manager Dbn

Umhlanga, ZN, ZA, South Africa

Job Description

Winning Form has an exciting opportunity available for a Junior Financial Manager based in Umhlanga, Durban. The successful candidate will be responsible for by guiding team members like Creditors, Debtors, Bookkeepers, Interns, and Junior Accountants. You'll help with financial reports, put controls in place, keep monthly records up to date, and share useful insights into financial performance.

Minimum requirements:







2 years Commercial experience Microsoft Office. Pastel Evolution or Similar Accounting Software.

Advantageous:





BCom/CIMA degree with Articles (Preferred)

Responsibilities:



Financial metrics

Oversight over preparation of annual budgets and working with FM and Group FM to finalise approvals. Set monthly deadlines for all team members for management accounts, working paper files, VAT, etc. Review and submit monthly management accounts, including analysis/commentary. Review of high-risk balance sheet reconciliations and overall monthly working paper files. Review of monthly VAT reconciliations. Review and approval of payments, together with accurate capturing of invoices in the accounting system, ensuring IFRS and tax compliance. Review and/or prepare quarterly reports for board and risk and finance committee meetings. Review of year-end working paper files for external audit purposes. Liaise with external auditors during interim and year-end audit to ensure all queries are responded to. Liaise with the various departments and regional/operational managers to ensure efficient reporting. Review and approve non-routine transactions (depreciation, impairments, provisions, finance costs/income, discounting, management fees, administration fees, etc.). Review and approve payroll reconciliations and team payments. Enforce thorough review and timeous settlement of inter-company trade accounts, loan accounts, shareholder loans, bank loans, bank facilities, creditors, SARS (Income Tax, PAYE, VAT) in line with agreed payment terms. Drive continuous improvement in supplier terms. Identify control weaknesses, design internal controls, and implement. Maintain fixed asset and wear and tear registers. Review and approve adequate reassessment of useful lives, depreciation methods, and residual values for tangible and intangible assets quarterly. Review and approve the profit and loss on asset disposals. Review and approve stock count variances. Review and approve petty cash expenses, count variances, and required top-up. Ensure that all inter-company balances are reconciled monthly. Assist the BEE project team to ensure the improvement and sustenance of the various companies' BEE score. Review procurement within the entities and ensure we meet the required targets. Ensure that updated BEE Certificates are kept on file for audit purposes. Support the Financial Manager and Group FM with specific projects, reports, and data extractions. Work with other Junior Financial Managers on group-wide initiatives and processes to align. Review of the group betting taxes. Review and oversight of all new products/platforms. Any ad hoc tasks.


People

Living HW values of Service Excellence, Commitment, Integrity, Accountability, Enthusiasm, Ubuntu and Innovation. Direct supervision and mentoring of the Finance team. Create and maintain roles and job descriptions and KPIs for your direct report subordinates, including annual performance reviews. Attend disciplinary issues which include PIP's, warnings and hearings. Sourcing, attendance and performance of training as and when needed for staff. Adequate recognition of staff efforts. Sustainable morale and team building initiatives. Recruitment and related interviews. Talent retention. Succession planning (through effective mentoring and counselling). Promote declaration of all gifts and non-acceptance of kickbacks. Instances to be reported immediately. Promote declaration of all conflicts of interest upfront. Promote a culture of confidentiality within the business with regards to the protection of personal information. Ensure all personal information of loan applicants and suppliers and other stakeholders is not shared and is maintained in a secure environment.


Compliance, Risk and Quality

Attendance at necessary training sessions. Maintenance of department process write-ups/ system descriptions and annual updates. Ensure logical saving of all work, templates, etc. monthly and yearly such that each year's financial records can stand on its own when enquiries/ investigations/audits take place. Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models. Ensure the above (final version) and other documents are chronologically saved/backed up and appropriately named.

Skills and Competencies:





Accountability: Follows through and delivers results despite obstacles. Admits to errors and takes corrective action to avoid repetition. Approaches own work with dedication and high sense of responsibility. Initiative: Ability to assert one's influence over events to achieve goals; self-starting rather than accepting passively; taking action to achieve goals beyond what is required; being proactive. People Management: Provide clear direction and performance feedback to staff. Maximize the talents of staff from different backgrounds to achieve sound organizational results. Problem Solving: Identify, analyse, organise and solve problems and issues in a timely and effective manner. Anticipate problems, identify root causes and take corrective action. Evaluate effectiveness of a solution. Results Driven: Consistently delivers required business results; sets and achieves goals, consistently complies with quality standards and meets deadlines; maintains focus on organisational goals. Time Management: Optimal use of time to ensure maximum output and delivery as per required timeframes. Prioritise and anticipate timeframes. Identify possible delays in advance and plan accordingly.

Leadership: Is Decisive and can communicate Business strategy to the team. Must be able to drive business strategies.



At Winning Form, we believe talent and passion have no limits. We're committed to an inclusive workplace where everyone, regardless of ability, can thrive. Diversity makes us stronger, and accessibility is central to everything we do. We encourage candidates with disabilities who meet the job requirements to apply, and we're here to support you with any accommodations during the hiring process.



Please note that only Team members who meet the stipulated minimum requirements will be considered.


Please be advised that should you not be contacted within 30 days, kindly consider your application to be unsuccessful.

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Job Detail

  • Job Id
    JD1440555
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Umhlanga, ZN, ZA, South Africa
  • Education
    Not mentioned