Financial Manager
Johannesburg, Gauteng, South Africa
Job Description
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Synopsis
We are seeking a qualified CA(SA) Financial Manager to join our client in the machinery manufacturing industry. In this role, you will be responsible for:
- Managing and overseeing accounting systems, processes, and procedures.
- Ensuring compliance with international financial reporting standards (IFRS) and statutory regulations.
- Reviewing, processing, and reconciling journal entries daily, weekly, and monthly.
Qualification and Experience
- CA(SA) - non-negotiable
- 5 years as a financial manager, preferably in an engineering environment and 5 years in a senior management level.
- Engineering environment including mining, construction and machinery manufacturing- non-negotiable.
- Leading a team.
- Strong IFRS knowledge as well as application.
- Advanced MS Office word & Excel) Experience in ERP system, preferably Navision
- Knowledge of accounting principles', accounting policies, processes, procedures, Statutory and regulatory rules.
- Knowledge of business and credit risk management principles Knowledgeable on debt management system.
Roles and Responsibilities
- Establish, oversee and control the day-to-day transactional accounting structures, systems and processes to ensure that all financial transactions are processed and allocated correctly and on time in line with best practice.
- Controlling and consolidating the VTZA financial planning, financial management, financial accounting, and board reporting functions.
- Ensuring that professional financial management and accounting policies and systems are developed, implemented and controlled in support of strategic objectives and in compliance with international financial reporting standards (IFRS) and statutory regulations.
- Establish and monitor compliance reporting structures, policies, and controls to ensure compliance with IAS, IFRS, statutory and regulatory requirements.
- Oversee the management and control of the VTZA assets register ensuring that the value of all current, fixed and intangible assets is accounted for (cash, stock, inventories, property rights, buildings and equipment).
- Fixed asset accounting, perform impairment test on intangible assets and tangible assets.
- Oversee the VTZA financial planning and budgeting process.
- Collate, analyze and prepare monthly, quarterly and annual financial results and management reports for the VTZA managing board, as well as for Head Office in compliance with IFRS.
- Ensure that critical risk assessment models (e.g., credit, currency & exchange rate risk), critical risk indicators, as well as risk management controls are developed, implemented, and managed on a daily basis to minimize risk exposure.
- Develop, implement, and maintain an effective management and cost accounting platform (ERP system) for the business to support and improve management decision making.
- Calculate and Dost general provisions.
- Finance and controlling manual maintenance.
- Perform period end closing.
- Conduct periodic end financial and tax reporting.
- Conduct periodic internal auditing includes inventory management.
- Establish and monitor compliance reporting structures, policies, and controls to ensure compliance with IAS, IFRS, and statutory and regulatory requirements.
- Recruit, develoD and retain a professional finance team.
- Lead the finance team, office suDpon and legal.
- Assist with information technology, influencing employees to direct aueries to IT Support.
Job Reference: TCN01741
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Job Detail
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Job IdJD1299082
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationJohannesburg, Gauteng, South Africa
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EducationNot mentioned