Financial Manager Junior

Vacancy Details
Employer:
Focus
Hollywoodbets has an exciting opportunity available for x2 Financial Managers Junior to be based in Umhlanga, Durban. This role is responsible for effective financial and management control of one or more entities within the Group.
Responsibilities to include supervision and training of support staff within the finance function such as Creditors, Debtors, Bookkeepers, Finance admin clerks, Interns and Junior financial accountants;
production of budgets;
monitoring and implementation of financial controls, including monthly reconciliations to ensure all accounting transactions are processed;
internal and external reporting such as monthly management accounts and annual financial statements, including commentary on results;
tax management, including reconciliation of VAT and income tax;
and liaison with Operations and their respective managers on results on a monthly basis on results.
Minimum Requirements:
At least 2 years commercial experience.
Computer competency:
Pastel Evolution or similar Accounting Software
B/CIMA degree with Articles
Responsibilities:
Effective Management of support staff
Direct Supervision and mentoring
Review the work of Creditors Clerks, Debtors clerk, Bookkeepers, Finance admin clerk, Interns and Junior financial accountants.
Review and authorise all Trade Creditors reconciliations by 7th of every month.
Ensure that payment on recon balances to month/weekly/daily payments.
Ensuring all queries are dealt with effectively before creditor-s ledger closes on the 7th of every month.
Ensure all Cash Books posted by 3rd of every month.
Review debtors age analysis on a weekly basis and follow up on outstanding receipts.
Ensure all suspense accounts balance by 7th of every month.
Effective Month end Administration and Reconciliation of accounts
Check and escalate all capture issues experienced by Creditors Clerks and Bookkeepers.
Maintenance of Fixed Asset Register.
Ensure all balance sheet accounts are reconciled monthly.
Respondto all queries from Operational/Regional Manager and Directors timeously.
Ensuring all intercompany transactions have been accounted for and the loan accounts balance.
Review provisional Important Company of management accounts prepared for processing errors, large variances to budgeted and prior months.
Submission of Management Accounts by the 16th of every month with comments. Preparation of supplementary schedules supporting the management accounts.
Review of company policies and update where necessary.
Bank/Betting Cash Reconciliation-s
Review all company bank recons timeously by the 3rd working day of every month.
Procurement BEE
Keep updated list of all BEE suppliers with total amount spent monthly.
Ensure that updated BEE Certificates are kept on file for audit purposes.
Ensure that the procurement policy is adhered to.
Prepare audit file for BEE Audit and forward to the compliance officer every year.
General Backup
Assist the Group Financial Manager and CFO when necessary.
Mentor/train and assist all staff when they require assistance.
Perform stand in duties for staff sick or on leave
VAT and SARS
Reconciliation of Vat by 25th including Turnover and Input Reasonableness checks monthly.
Uploading and payment of all SARS taxes.
Review of company tax comps.
Attending to all SARS queries.
External Reporting
Compilation of Year End Audit Files.
Responding to audit queries timeously.
Preparation of Annual Financial Statements.
Liaison with external auditors.
Skills and Competencies:
Must be able to identify, analyse, organize and solve problems and issues in a timely and effective manner.
Impressive planning, organisational, project management and time management skills.
Must be able to take accountability.
Must strong leadership skills.
Must be able to take initiative.
Must be results oriented.