Financial Manager - North Johannesburg
Network Finance
Reference: NFR004054-JLo-1 Are you an experienced Financial Manager seeking an exciting opportunity in the dynamic field of freight forwarding? Job & Company Descriptions A manufacturing based in the North of Johannesburg is currently looking for a Financial Manager to join there financial team. In this role, you will oversee all traditional financial management tasks at the organizational level, while also leading a small yet highly skilled and established finance team. As a Financial Manager you will responsible for the following: Financial Reporting: Maintain internal financial and accounting policies and procedures to establish adequate controls and ensure proper documentation. Ensure compliance with internal financial and accounting policies. Document and manage complete and accurate supporting information for all financial transactions. Prepare monthly management accounts. Contribute to the production of monthly reports and financial statements for use by Executive Management, the Board of Directors, and/or the Audit and Risk Committee. Attend management meetings. Report any irregularities or perceived irregularities to the Board for consideration and guidance. Report financial results to the Group head office. Maintain and reconcile intergroup loan, debtors, and creditors accounts. Budget Preparation and Management: Prepare annual budgets and present them to the Board of Directors. Assist the MD and play a key role on the senior management team in strategic matters related to budget management. Aid department heads in setting department budgets and track monthly budgets against actuals. Approve various department spending compared to budget. Provide the MD and senior management with an operating budget and work together to ensure success through cost analyses. Revenue: Assist in setting annual revenue budgets. Actively participate in weekly revenue forecast/tracker updates; provide guidance to Business Development Executives in updating trackers and attend weekly sales meetings. Assist in preparing monthly revenue reports to report any overs/unders on revenue targets. Oversee the monthly increase process according to raw material movements. Investigate and comment on GP% variances. Stock and Warehouse: Develop, implement, and maintain procedures around stock and warehouse functions to ensure accurate accounting for stock. Accurately value stock (Raw material, WIP, FG) monthly and calculate overhead recovery. Participate in stock counts. Compliance: Ensure timely submission of WCA annually. Ensure statutory compliance by correctly and timely submitting and paying VAT (monthly), Bag levy (quarterly), PAYE (Monthly & Biannually), and PROV tax (Bi-annually). Manage, collect, and submit supporting documents to SARS for tax verification and disputes (VAT, PAYE, SDL, UIF, BAG LEVY). Liaise with internal audit. Manage and liaise with external auditors. Remuneration and Payroll Preparation and Administration: Assist in timely calculations of commission, increases, salaries, and wages for staff, as well as management bonuses, along with Board approval when necessary. Oversee the payroll function to ensure timely and accurate payment of employees, including annual increases, overtime, commission, and bonuses. Assist in approving new employee remuneration packages. Oversee the leave administration function and ensure leave is taken in accordance with the leave policy and guidelines. Job Experience and Skills Required: 7 Years experience in Manufacturing industry Completed Bcom in Finance Completed article (SAIPA or SAICA) If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions . R 880000 - R 920000 - Annually
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