Financial Controller - Cape Town Verfied

Salary Negotiable Cape Town, Western Cape Cape Town, Western Cape more than 14 days ago 14-10-2019 5:55:07 AM
09-12-2019 5:55:07 AM
Reference: 5110 CM
Consultant: Christa Mostert

Job Description:

Financial Controller will be responsible for all internal and external financial controls and day to day managing of the accounting function including all tax matters. They will oversee the audit process and reviewing of all the accounts for accuracy and to ensure the reports produced by the department is delivered in a timely manner. They will work very closely with the CFO to help deliver strategic goals set by the business.
Ensure all accounts are reviewed and reconciled on a timely basis
Put in place appropriate internal controls to ensure accurate accounts
Develop accounting procedures and Accounting Standards
Review and maintain accounting procedures and processes
Ensure the reporting of group monthly financial results to the CFO is timely, accurate and relevant.
Review of these reports for both accuracy and compliance to Group policies
Preparation and review of various quarterly and year-end reporting deliverables
Analyze variances from forecasts and the interpretations thereof
Preparation and review of various quarterly and year-end reporting deliverables
Analyse variances from forecasts and the interpretations thereof
Coordinating internal and external auditors
Preparation of statutory financial reports in line with current regulatory requirements
Preparation of underlying supporting schedules for tax returns (VAT, PAYE, Income Tax, STATS SA, SARB)
Act as Company Secretary – support Company directors to ensure compliance with fiduciary obligations
Maintain external banking relationships
Work closely with the management of treasury group requirements
Manage the relationship with external legal counsel in areas of contract, specific legal matters as they arise, etc.
The caretaker of all Company policy relating to financial controls, procurement and other applicable areas
Review of contracts
Liaising with both the internal and external auditors to ensure all relevant group audit issues are addressed and internal controls monitored
Liaison between the finance function and Internal audit
Ensure that audit files are prepared on time and accurately and interact with external auditors during the audit;
Ensure the costs of the department remain within budget for existing operations, with any unbudgeted costs pre-approved by senior management
Maintain the integrity of the Fixed Asset Register
Manage credit risk and working capital;
Ensuring the monthly payroll is completed by the necessary deadlines and that the payroll register is maintained and kept up to date with the necessary information(leave balances, employee deductions and other).
Ensuring business is adequately insured against all risks at all times during the year and that renewals happen before the required deadline.
Full responsibility and oversight of outsourced functions, including payroll
Full responsibility and accountability for accounts receivable, credit management, accounts payable and procurement functions

Qualifications:

CA(SA) qualification essential
SAICA accredited
Working knowledge of IFRS (International Financial Reporting Standards)
Minimum 7 years’ experience required – Financial Service Industry experience advantageous (Money Transfer / Payments / Transactional Banking)
Minimum 3 year line manager experience
Excellent accounting software user and administration skills, preferably Xero
Exceptional numerical ability with strong financial, analytical and organizational skills
Extensive knowledge and use of Microsoft Excel and other Microsoft Office applications