Job Description

Manage accounts payable and receivable department, report operational balance sheet recons, management of fixed asset register, manage intergroup transactions and balances including settlement, cash and currency management across multiple entities in South Africa and abroad, within JSE listed Financial Services Group. Proactive and timeous liaising with external and internal stakeholders

Overall responsibility of accounts payable and receivable department functions

Communicate financial accounts payable and receivable impacts with entity Accountant.

Review and release supplier payments and approve new vendors.

Maintain and report monthly accurate operational balance sheet reconciliations and ensure differences are investigated and resolved.

Approval of journal entries

Perform entity specific expense analysis and report directly to VP of Finance and entity accountants.

Management of Group fixed asset register

Manage and report on intergroup transactions and balances, including settlement.

Manage and report on operational cash balances, including settlement.

Manage and understand Income Tax, VAT and Withholding Tax compliance and admin.

Prepare and submission of VAT201 returns.

Manage the preparation of the year end audit file and all related functions pertaining to year end. Ensure standard operating procedures are adhered to.

Strategic thinking _ Develop and maintain accounts payable and receivable strategies to ensure lowest cost and top performance over the short term and into the long term.

Maintain existing and new suppliers capabilities t ensure a top performing relationship.

Report medium to long term planning costs.

Benchmark suppliers/categories on an ongoing basis, to ensure optimal cost and performance

Identify and develop risk mitigation strategies and plans.

Ensure effective internal and external stakeholder communication.

Develop effective and efficient reporting and reconciliations.

Develop and manage a high-performance team.

Segregation of duties

Coach and Support - Develop the team members capabilities and understanding of responsibilities and drive down cost.

Ensure effective development, documentation, and implementation of improvements to SOPS.

Prioritize the work of team members to ensure focus and the achievement of strategies, plans and goals are achieved.

Develop a high performing team and good teamwork.

Develop and maintain a OKR scorecard system to track performance.

Ensure and manage related documentation and records are well maintained on Netsuite and on the share folders for knowledge building/retention and audit purposes

Good at reportng and analysis, strong leadership skills, deep understanding of market dynamics and sound business judgement

Strong project management skills

B Com accounting qualification or equivalent

Netsuite/Oracle experience

Computer Literacy (MS Office Excel)

Proven written and verbal English communication skills.

PROVEN MANAGEMENT EXPERIENCE - MIN 7 YEARS

PROVEN OVERALL EXPERIENCE (10 YEARS)

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