Financial Manager

  • Permanent
  • Ref #392452MDL
  • Posted 4 weeks ago
  • Germiston, Gauteng, South Africa, Africa
  • Manufacturing/Production
Employer Description

Well-Established Manufacturing Organisation

Job Description

This  Financial Manager position for a Manufacturing company reports to the CEO and is a challenging role with lots of scope & opportunity to show your abilities & make a difference.

Your Responsibilities:

Reporting

Produce monthly management accounts – Income Statement; Balance Sheet; Cashflows; Orders and supplementary reports as required

Inform CEO and Sales Director up to date sales values

Perform Monthly General Ledger Reconciliations

Perform and/or approve monthly Syspro General Ledger journals

Produce Dispatch Note Control reports for Operations on a daily basis

Provide bankers with data for facilities review as and when needed

Audit

Support Auditors with annual audit (provision of data required / answer questions etc)

Pass final audit journal entries to agree Trial Balance with Annual Financial Statements

Payroll

Review salaries payroll prior to submission to CEO for final approval

Process monthly salary; leave and bonus journals

Advise Wage and Salaries Clerk if and when needed

Statutory

Monthly EMP201 submission

Bi Annual EMP501 submission

Monthly Vat return submission and continuous Reconciliations to GL and Sales

Monthly Stats SA sales submissions

Quarterly Stats SA payroll submissions

Annual RMA (WCA) submission

Staff Supervision

Supervise and manage AR Departments (2 persons); AP Department (2 persons); Wage Clerk (1 person)

Annual employee target implementation and staff appraisals

Payments

Approve ad – hoc and creditor payments prior to upload into banking system

Uphold banking control environment

Internal Control

Ensure adequate Internal Control processes are in place, and ensure they are followed

Syspro account monitoring – eg. Dispatch Note Control; Goods Received note control; Variance accounts

Syspro (ERP)

Perform monthly close process

Monitor Work in Progress; Dispatch Note control; Goods Received Note control

Review and support monthly cost implosion process

Ensure Syspro standard costs are reasonable and up to date

Review customer prepayments account to ensure all prepayments relevant

Accounts receivable

Monthly review with Senior AR Manager to ensure all collections are occurring; and necessary credits are being passed

Oversee that goods are not supplied to customers without necessary payment terms being met

Assist in project – based invoicing process

Quarterly review od CGIC and ERP credit limits

Other

Review and approve Cash Book reconciliations

Review monthly Accounts Payable recons

Approve customer refunds

Annual BEE data submission to BEE Services provider

Qualifications

  • Accounting degree (CA/CIMA/B Com  Honours (Accounting)

Skills

You will have at least 5 years' experience as a Financial Manager within a Manufacturing environment and have:

  • Proficiency in Syspro, Pastel and Advanced Excel
  • Staff management skills
  • Standard Costing and manufacturing experience
  • Strong communication skills
  • General business acumen
  • Project/contract revenue experience and knowledge

Salary / Package

R1.1k Negotiable