Financial Manager

Growing distribution business in Southern Suburbs looking for a dynamic and experienced finance professional who will take responsibility for the finance finance and oversee the operations Growing distribution business in Southern Suburbs looking for a dynamic and experienced finance professional who will take responsibility for the finance finance and oversee the operations

Qualification Requirement: BCom/Business Science (Finance/Accounting Degree) from a university

Experience: At least 5 years experience in a similar role

Reports to: CFO

Location: Full time and in-office and applicant must be Cape Town southern suburbs based

Requirements

Good communication skills (verbal and written)

Ability to lead a team by creating and maintaining a productive, efficient, and happy environment

Comfortable with systems, data and analysis

Ability to prioritise, multi-task and meet deadlines

Attention to detail

Analytical and problem-solving skills

Strong analytical skills and able to use Excel (incl pivot tables, xlookup, complex IF formula) and Microsoft365 suite (Outlook, Teams, OneDrive)

Good working knowledge of Acumatica or experience with other ERP systems

Suits someone who is willing to roll up sleeves and get the job done. This is not a corporate job, but an fast growing enterprenerial business.

Monthly Responsibilities

Preparation of Cash Flow

Preparation of Management Report

Analyse and interpret the management information

Review Debtors Ageing

Review and approve Credit Notes

Review, approve and monitor any Stock Write-offs

Review Creditors Ageing

Review Stock Ageing report

Review the monthly Payment Schedules including the weekly Payment Schedules

Review all Balance Sheet reconciliations

Process all month-end Financial Journals

Maintain the Fixed Asset Register

Preparation and submission of VAT 201 returns on SARS e-filing

Preparation and submission of Payroll

Preparation and submission of EMP 201 returns on SARS e-filing

Bi-Annual Responsibilities

Managing the KPIs process for the team

Setting individual team members KPIs

Recommendation of salary increase and bonus for team based on performance

Preparing and submission of Provisional Tax returns on SARS e-filing

Annual Responsibilities

Preparation of Budgets and Forecasts

Preparation of audit schedules for year-end audit

Process all year-end audit Journals

Overseeing the year-end audit process

Review the provisional AFS

Close the year-end in Acumatica once AFS is signed

Operations Management

Assist in Operations and managing the Operation team

Monitor and report operational stats for third party logistics provider (3PL)

Ensure integrity of stock in all location

Review of costing for imported and local stock

Overseeing all Stock takes at all warehouses including year-end Stock takes

General & Ad-hoc Responsibilities

Data integrity across all systems (Acumatica, Qlik, NetStock, Repsly)

Ensure all tax, accounting and compliance standards are maintained and adhered to

Implementing controls to streamline the Finance and Operation functions and to mitigate risk

Responsible for leading, training staff and upskilling team

Managing the IT, Human Resource and Payroll functions

Ensure compliance (Foreign Exchange Control, CIPC, SARS, DOL)

Treasury and Banking profile management

Any additional requests from CFO, CEO and Directors