Finance Manager Retail - Edenvale Verfied Gold Badge

R 900000 per annum Edenvale, Gauteng Edenvale, Gauteng more than 14 days ago 19-06-2017 9:02:22 PM
09-07-2017 4:13:59 PM
Our Client a Global organization is looking for a professional finance manager who will be responsible for the production of financial statements under IFRS and Management rules within Group deadlines and with high quality and reliability.

As our client is setting up the business, she/he will have to work under startup conditions in a non-hierarchical and network style of management, she/he will work in close collaboration with CFO and Financial Controller and will have to implement and deploy the new ERP system and ensure all transactions from sub-systems through automated interfaces are properly accounted for, she/he will have to timely hire and manage his team and organize all accounting and closing processes and procedures.

Bearing in mind the growing and moving environment, the key tasks and responsibilities will include but will not be limited to the following:

General ledger accounting:

Liaise and manage directly the outsourced resources to ensure consistent data capturing
Ensure all expenses are correctly allocated to the relevant GL account
Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-company accounts
Engage in ongoing cost analysis where and when needed
Preparation of Journal entries (provisions, prepayments)
Preparing petty cash recons
Review and approval of Payroll calculations and allocations

Tax:

Monitor timeous submission for all relevant taxes (completion, compliance and reconciliations)
Monthly VAT calculations
PAYE review & submission

Stock:

Be the guardian of the overall stock value
Monitor month end close of all operational and financial systems and ensure integration of information subsystem
Assist in establishing and implementing stock policies and procedures
Validate results from stock takes and ensure congruent accounting entries
Manage entries related to group policies: toxic stock, provision for item to be deleted

Accounts payables / Accounts receivables / Fixed asset

Be a strong support to the procurement team: supplier validation, supplier opening, credit applications...
Conduct the age analysis for the debtors and creditors monthly
Get captured and obtain authorization for invoices and staff reimbursement
Guide allocation of payments against invoices on supplier accounts
Investigates queries on suppliers' invoices if escalated.
Prepare and submit supplier reconciliations
Compiles management reports relating to the accounts payable and receivables
Get stock invoices captured
Reconcile and process monthly petty cash transactions
Monthly reporting on Accounts Payable and Receivables age analysis
Manage asset disposals, transfers and additions
Maintain and update the fixed asset register
Run fixed assets verifications
Manage entries related to management accounting group policies (loyer technique)

Procedures & accounting integrity:

Ensure appropriate external audit arrangements are in place and manage the audit process
Maintain a documented system of accounting policies and procedures
Ensure implementation and adherence to finance policies, procedures and systems across all teams
Prepare and review the annual financial statements timeously
Ensure compliance with all statutory requirements relating to financial management and accounting

Minimum Requirements:

B.Com / B. Com Honours in accounting
CA (SA) is a plus
Retail experience compulsory
Managerial Experience and good people skills
Knowledge of IFRS, Tax and Auditing
IT literate (participation in ERP implementation) and advanced Excel skills
Capacity to deliver under pressure
Excellent communication skills, both verbal and written
Able to challenge the status quo and drive through changes
Proactive and organized, able to prioritize