CHIEF FINANCIAL OFFICER (CFO) REQUIRED FOR JOHANNESBURG SOUTH AFRICA

CHIEF FINANCIAL OFFICER (CFO) REQUIRED FOR JOHANNESBURG SOUTH AFRICA

POST IS AVAILABLE FOR SOUTH AFRICAN CANDIDATES ONLY

Reporting

1. Submission on Cegid.
2. Submission of HFM Flows submission.
3. Finalisation of Intercompany reconciliations via HFM.
4. Extract Infodaf report by Cost Centre.
5. Extract weekly Infodaf Debtors and Creditors Ageing report.
6. Update Cost of Sales trend report by Cost Centre.
7. Extract and update YTD Operating Costs report by Cost Centre.
8. Labour Cost analysis for Management Accounts.
9. Report financial results to the board of directors.
10. Providing and Interpreting Financial Information.

Risk Management

1. Understand and mitigate key elements of the company's risk profile.
2. Monitor all open legal issues involving the company, and legal issues affecting the industry.
3. Maintain appropriate insurance coverage.
4. Ensure that the company complies with all legal and regulatory requirements.
5. Report risk issues to the audit committee of the board of directors.
6. Maintain relations with external auditors and investigate their findings and recommendations.

Service Level Agreements

1. Reviewing of the SLA agreements with our clients and recommending changes pertaining to financial input and legislation.

Creditors

1. Ensure that all creditors are in line with the payment term agreements in order to qualify for the relevant rebates and discounts.

Debtors

1. Ensure that debtors are collected timeously, to run an effective cash flow.

General Ledger

1. Reviewing and maintaining control accounts.
2. Scheduling of balance sheet accounts and analysis of P&L accounts as required.
3. VAT 201 Reconciliation and online submission to SARS via E-Filing.
4. VAT 201 Queries and Audits via SARS E-Filing.
5. Ensuring debtors, creditors and cashbook ledgers reconcile to the general ledger.
6. Processing of Journal entries.
7. Verify Instalment Sales Agreement Schedule.
8. Maintaining Fixed Assets Schedule.

Banking

1. Monitoring bank balances.
2. Creating and maintaining the creditor database on Standard Bank CATS online banking system.
3. Capturing of payments with first release functionality.
4. All business banking administration, (electronic and manual) - opening, closing and maintaining accounts and signatories.
5. Review Bank Reconciliations.
6. Final Bank Release function for salaries and payments.

Payroll

1. Final review of the monthly payroll before release.

Cash Flow

1. Cash flow forecasting, daily and monthly.
2. Calculation of monthly cash requirement.
3. Managing payments within cash flow constraints.

Taxation

1. Ensure that the company complies with all tax laws, rules, regulations, etc in relation to its business.
2. Ensure Income Tax compliance and submission of returns.
3. Ensure VAT compliance and submission of returns.
4. Effective handling of all SARS queries.

Adhoc

1. Full Management of the Finance Team of 8 people.

Reserve Bank Exposure:

1. Inter Company Loans.
2. Inter Company Agreements.

Basic IT Knowledge will be required.

Must have experience working for a Global Company doing group international reporting of subsidiaries.

Experience working with a French Company will be an advantage.