Financial Manager

General Details

Location:

Other, Pretoria / Tshwane

Description

JOB PURPOSE

The purpose of the Financial Manager is to ensure the

overall financial health of the company by producing excellent financial reports, managing allocated and approved budgets, pro-actively forecasting future trends and development, and to participate andevelop necessary strategies as per the business needs.

KEY RESPONSIBILITIES include, but not limited to:

Ensure compliance with company and tax laws

Complete monthly management accounts, including tax provisions, balance sheet reconciliations an invoicing

Ensure all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-companyaccounts

Preparation of financial and monthly management reports as per agreedtimescale (Board of Directors

 Prepare monthly financial documents for final review

Establish and maintain sound financial management policies, procedures and controls around internal financial governance

Monthly payroll spot checks – timely payment to employees

 Provide and keep accurate and complete financial records

Provisional tax calculations (mid and full year)

Maintaining and reviewing monthly & annual recons of control accounts

Review profit and loss – monitor and report on expenditure to ensure cost savings

 Produce detailed quarterly cash flow forecasts to form the basis for the working capital request

Prepare financial reports detailing actual expenditure against forecast, as per agreed timescale

Responsible for developing and managing the budget process – monthly and annual preparation of annual financial reports and statements as per agreed timescales to comply with the requirement of the Company and the South African Legal

framework

 Responsible for audit queries and liaising with auditors

 Managing EFT payments in terms of loading and ensuring payments (debtors and creditor management)

Maintain and manage fixed asset register and related finance liabilities includiing depreciation and loan amortisations

Responsible for company invoicing (and gold certificates) on a monthly basis (must be willing to travel to clients for this purpose) Shaft break-even calculations (when requested)

Shaft production bonus calculations

 Prepare consumables/store budgets (per shaft)

Assist Head Clerk on site with correct recoding of consumables & stores Management of the payroll system and ensuring that payment are made to workers, SARS, Provident Fund and Medical Aid providers

SARS submissions and payments (Check & Approve)

Check GL and TB received from Bookkeeper

 Ensure statutory compliance (e.g. VAT Returns, Workman’s Compensation, Tax

Clearance certificates, BBBEE Certificate ) – Check & Approve

SKILLS, KNOWLEDGE AND BEHAVIOUR

Key Competencies 

High degree of technical accounting and tax knowledge

Above average attention to detai and accuracy skills

Analytical skills, a passion for figures

Good communication, leadershipand report writing skills