About the position
Our client based in Isando, Johannesburg is seeking a Financial Manager to join their team. This Financial Manager role is responsible for several aspects of financial management whilst ensuring compliance with internal policies, controls and procedures. The role includes a specific focus on revenue management within the organisation, overseeing revenue reporting, billing, client engagement and collections.
MAIN FUNCTIONS OF THE JOB:
Strategic Management:
- Provide strategic input regarding various aspects of the business processes and long-term business plans.
- Ensure that the organisation’s financial systems, procedures and controls are effective and operating as designed.
- Oversee, manage and guide a team of finance professionals.
Revenue Management and Collections:
- Full management and oversight of the revenue business cycle and monthly billing runs. Management of the billing department team with responsibility for their growth and performance.
- Oversee monthly billing of clients as per client MSAs and requirements.
- Notify clients of price increases or changes to their contracts.
- Manage the collections process whilst monitoring payment terms and account suspensions.
- Working with clients to resolve queries.
- Reporting on revenue and debtors accounts to management.
Budgeting and Forecasting:
- Prepare and manage the annual budgets for projects and statutory entities.
- Monitor and manage the cash flow requirements of the organisation and the individual projects.
- Operational budget management and cost control.
Financial Management and Reporting:
- Manage and maintain the financial records of the organisation.
- Verify the accuracy and quality of financial information.
- Ensure statutory compliance by implementing policies and procedures that pertain to the financial management of the organisation in terms of the Company’s Act, Vat Act and the Income Tax Act.
Annual Financial Statements:
- Preparation of Annual Financial Statements.
- Disclosure and accounting treatment in line with IFRS.
- Statutory accounts administration for group subsidiaries.
- Working alongside external audit to ensure an efficient and timely financial audit.
Taxation and statutory compliance:
- Performing preliminary annual and provisional tax computations and assessments, including indirect taxes.
- Working with tax advisors in finalising tax computations and regulatory filings
- Verification of monthly VAT calculations for submitting for filing with SARS
- Ensuring operating effectiveness of Sarbanes-Oxley controls applicable to the revenue cycle.
SKILLS REQUIREMENTS:
- Good communication skills
- Analytical and proactive problem solver
- Active listening – ability to understand requirements
- Ability to work independently & a positive team player
- Self-motivated
- Conducts self professionally, exhibits high levels of tolerance and patience
- Responsible for continued learning and self-development
- Financial modelling
QUALIFICATIONS AND EXPERIENCE:
- BCom / BAcc, or equivalent 3-year tertiary qualification in Finance
- Preferable: Qualified CA (SA) or CIMA
- 3-6 years’ experience in a Financial Manager role
SHEQ, INFORMATION SECURITY, LEGAL AND OTHER REQUIREMENTS AND OBLIGATIONS:
Employees to demonstrate commitment to the requirements of the Integrated Management System by:
- Taking reasonable care for the health and safety of himself/herself, others and the workplace.
- Obeying all stipulated company rules, policies and procedures in compliance to the Occupational Health and Safety Act 85 of 1993, the Health & Safety Management Program, ISO 27001, ISO 9001, ISO 14001, ISO 50001 and ISO 45001 Standards.
- Report all unsafe or unhealthy conditions and threats that come to his/her attention that may affect persons or the business.
- Ensuring the preservation of confidentiality, integrity and accessibility of information for the company and their respective clients.
- Committing to the implementation and maintenance of our Quality Management System.
- All company employees are responsible for the quality of their work and the protection of company and client information.
- Committing to the implementation and maintenance of our Health, Safety and Environmental statutory and regulatory compliance and performance.
- Committing to the implementation and maintenance of our Energy Management System, energy related statutory and regulatory compliance and performance.
- Committed to the protection of personal information and POPIA or other relevant statutory and regulatory compliance and performance.
PLEASE NOTE ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.
Desired Skills:
- Financial Manager
- "CA (SA)" OR "CIMA"
- IFRS" OR "Annual Financial Statements
