PURPOSE
The purpose of a Financial Manager (CA) is to lead the accounting activities for all companies within the Barron Group. To ensure adherence to financial policies (internal and external), statutory/tax requirements, leading month-end closing process, and coordinating financial operations (Shared Services for Treasury, A/P and General Ledger transactions.
JOB OBJECTIVES
Treasury
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Responsible for authorising issue of cash, loan & or deposit; maintaining and authorising on the limits & approvals of online banking profiles & payments; and drafting resolution of updated signatories for compliance & authorise accordingly.
Debt Ageing
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Responsible for reviewing and authorising debt ageing & writing off bad debt.
Accounts Payable
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Accountable for booking FEC with bank for foreign suppliers.
Payroll Input & Processing
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Accountable for authorising payments & transfers - release 1 & 2 and to review employee tax submissions (EMP201).
Inventory Management
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Responsible for running snapshot, count stock, reviewing actual stock vs input on system. Performing a variance report, recount and investigate, if applicable. Process stock adjustment journal and a reconciliation report and rerun snapshot
Month-end reporting
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Responsible for approving loans and to provide recons & supporting documents to Auditors and resolve escalated queries. To prepare & consolidate trial balance month-end report and review accordingly
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Responsible for preparing & reviewing additional month-end reports (i.e. Cost of sales, packaging, working capital & cash flow forecast report)
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Accountable for reviewing Annual Financial statements and variance of stock report
Risk & Compliance Governance
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Responsible for calculating annual / monthly income tax, reviewing calculation and creating income tax form on e-filling
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Responsible for reviewing PAYE, VAT UIF, SDL and submitting on e-filing
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Accountable for maintaining the risk register by delegating actions that should be taken & following up
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Responsible for preparing the risk and compliance meeting pack, attending the committee meeting and evaluating the compliance of King III Compliance/COSO and implementing corrective Governance accordingly
SARB Approval
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Responsible for reviewing and approving 12 months extension of imports report and send to revenue bank
Staff Management
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Responsible for managing a team of accountants
JOB REQUIREMENTS
Qualification
NQF 8 - Honours degree in Accounting
SAICA - Chartered Accountant
Knowledge
Financial Knowledge
Accounting principles
Corporate Governance
Tax
Month end reporting
Cash flow forecasting
Stock Management
Import and Export
Employee relations
Experience
Accountant (CA) 3 to 5 years
Skills
Microsoft D365
Excel (advanced)
Analytical Problem solving
Numerical reasoning
Verbal Reasoning
People Management
Competencies
Analysis and Judgement
Directing People
Making Decisions
Initiative & responsibility
Meeting timescales
Additional
Flexible working hours when required
South African citizen
