Junior Financial Manager - Must have SAICA Articles
Job Crystal
Cape Town
ZAR 200 000 - 300 000
Job description
South Africa's leading health and wellness retailer. We believe in pure, natural goodness - plain and simple. We aim to partner with you on your unique wellness journey while honouring people and the planet in all that we do.
ROLE REQUIREMENTS:
Areas of responsibility:
In respect of financial process and controls:
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Ensure that the company’s financial systems are robust, compliant and support current activities as well as future growth ambitions
Constantly investigate process improvement
Oversight of all transactional activities (accounts payable and accounts receivable)
Maintain financial records and GL accounts
Monthly journal entry processing
Drive month-end and year-end close procedures
Deliver a clean and accurate trail balance at month end for review by senior staff
Oversight of feasibilities for new stores and store closures
Developing reports and analytical insights to inform the business and to drive business improvement opportunities
Identification of opportunities for working capital improvements
Preparation of accurate monthly management accounts within committed reporting timetable
Reporting on variances on actuals vs budget income and expenditure
Assist in the preparation of board packs
Drive the annual budgeting process, ensuring on-time and accurate delivery in accordance with set timelines
Responsibility for the management of property leases for the business
Monitoring and maintenance of fixed asset register
Review large overdue accounts and work on /propose plans to drive collections
Drive visibility of inventory, accounts payable and cash collections performance
Prepare cash flow forecasts and cash flow maintenance, ensuring that the company has sufficient cash available to meet its commitments
Loading of payment on to bank
Engage in ongoing cost reduction analysis in all areas of the company
Provide monthly analysis of variable and fixed expenses and provide recommendations to management to improve profitability
Accurate and on-time statutory return submissions
Ensure that regulatory requirements of all statutory bodies are met in respect of the year-end audit:
Liaise with external auditors
Coordinate the audit process
Oversee the preparation of audit files and provide assistance where required
Ensure delivery of unqualified annual financial statements within committed timelines
Management of the day-to-day finance function and finance team
Ensuring that the finance team is made up of the right calibre of people to deliver on the finance function’s strategic priorities
Review of all underlying team work including debtors cycle/creditors cycle/bank etc.
Keeping abreast of latest SARS/IFRS developments
Review and sign off of monthly payroll
Assist the senior financial management with ad hoc tasks/projects as and when required
Maintain relationships with the company’s bankers and financiers
Legal related issues, trademark registrations and renewals and company secretarial matters
Tax compliance (VAT and income tax returns) as well as identifying tax planning opportunities
Responsible for the IR function within the business
JOB SPECIFICATIONS:
5 years previous financial management experience
Fully qualified CA(SA) or equivalent – min requirement is B.Com + completed articles
Previous experience in managing a finance team
Strong working knowledge of MS Office Suite, specifically MS Excel
Medium or large scale recognised ERP experience (Sage, SAP, netsuite)
Payroll administration
SARS reporting
Management reporting
ATTRIBUTES:
Strong technical ability, accounting knowledge through to AFS
Strong leadership skills
Strong communication and presentation skills – both written and verbal
Deep understanding of business principles and practices
Integrity and honesty
Ability to take ownership and work responsibility
Mature, trustworthy and ethical
Ability to work well in a team environment
Good time management skills
An enquiring and curious mindset with an attitude of continual improvement and a desire to add value
The ability to understand and evaluate detail but equally being able to actively participate in strategic discussions
Energetic, hands-on, high-quality standards and a result oriented individual