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Aug 05, 2021

Financial Manager

  • Divergent Recruit Pty Ltd
  • Cape Town, Western Cape, South Africa
Full time Finance

Job Description

Introduction::
FINANCIAL MANAGER (CAPE TOWN). My Client urgently requires an experienced Financial Manager to join their dynamic finance team based in Montague Gardens, Cape Town.

MINIMUM ESSENTIAL QUALIFICATIONS:

Matric
Relevant Tertiary Qualification OR
Minimum of 3+ years’ experience in a Financial Manager role
Minimum of 10+ years’ experience & on-the-job training
In-depth knowledge of applicable legislation, regulations & all accounting principles
Excellent practical experience with financial management software
NetSuite working knowledge (advantageous)
Previous working experience within retail sector (advantageous)
Ability to traverse various workspaces confidently

Candidates are invited to submit their applications

Full job spec is available on request via email.

KINDLY NOTE:
No response to your application within 5 days indicates an unsuccessful application. Only shortlisted Candidates will be contacted directly.

Applicants are requested to submit the following:
lAn updated and detailed Curriculum Vitae in MS Word format listing all listed duties

lHead and shoulders photograph (front facing)
lSupporting documents (copies) of your qualifications and training certifications

Including ID, Driver’s licence, Matric/NQF qualification, letters of recommendation
lDirect Contactable References by GM or HOD Manager, Human Resources Manager or Departmental Manager

To apply submit the abovementioned documents to shireen@divergentrecruit.co.za

Duties & Responsibilities
The Financial Manager will work closely with the Division Heads and Group Finance Team to ensure the complete and accurate operations of the finance team for the Lighting Division including corporate accounting, regulatory and financial reporting, budget, and forecasts preparation.

Core duties, responsibilities, and accountabilities of the role:

Manage operations of the Lighting finance team, develop goals and objectives, and plan measures to achieve them
Create timely monthly financial statements
Analyse company’s performance as well as costs, pricing, variable contributions, sales results, and other related data and compare the actual results to the business plans
Perform quality control over financial transactions and financial reporting
Ensuring compliance with company and statutory requirements
Organize reviews and evaluations for cost-reduction opportunities
Collaborate with other departments to review and optimize company plans and operation

Work closely with Lighting Division finance team by:

Overseeing accounting operations such as accounts payable, accounts receivable and general ledger entries
Prepare and capture month end journals
Review of month-end reconciliations
Monthly payroll review and calculation of commissions
Maintain fixed asset registers
Review and loading of payments
Monthly VAT submission

Work closely with Group Finance team by:

Implementing finance and accounting policies and procedures
Cooperating with business units and support functions across the Group
Preparation of monthly management report
Cash flow forecasting
Preparation of the annual budget
Ensure prompt and accurate month-end and year-end close processes
Coordinating audit processes

Desired Experience & Qualification
Minimum qualifications, criteria, and experience:

Required:

3+ years’ experience of working in a Financial Manager position
Relevant Tertiary Qualification or +10yrs on On-the-Job training and experience
In-depth knowledge of applicable legislation, regulations, and accounting principles
Good practical experience with financial management software

Beneficial:

NetSuite working knowledge.; and/or
Previous experience working within the retail sector
An ability to traverse various workspaces easily with comfort


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