Introduction
To be based on-site at Head Office (Tokai), the Assistant Financial Controller will be responsible for assisting the Finance Executive with ensuring professional financial activities within the Company.
Duties & Responsibilities
1. Cash Flow Management
- Review and allocate daily cashbook transactions to the Cashflow file.
- Assist in preparing and reviewing a monthly master file, tracking changes and analyzing variances in cashflow projections.
- Generate and review weekly cashflow tracking reports for the Financial Executive.
- Follow up on outstanding customer payments and ensure timely collections.
- Collaborate with the Accounts Payable Team to develop cashflow projection files, optimizing the overall cashflow process.
2. Subsidiary Ledger Processing
- Manage invoicing for ad-hoc and internal stock orders.
- Distribute debtor statements, issue ESD credits, and manage debt collection.
- Execute day-end processes, including journal entries and resolving batch errors.
- Process and update exchange rates, conduct monthly AR & AP revaluations.
3. Monthly Financial Operations
- Assist in calculating VAT and preparing relevant documentation for submission to SARS.
- Support the completion of annual SARB approvals.
- Help manage insurance reviews and maintain records of vehicles and other assets.
- Obtain and manage fleet reports (Avis, WesBank, Cartrack) to recover shared costs.
- Manage corporate credit cards, including reconciliation for international travel and handling cardholder requests.
- Oversee cell phone transactions.
- Review and process payments, especially for foreign vendors, and provide feedback on any discrepancies.
- Assist with reconciling balance sheet control accounts.
- Enhance the efficiency of travel and entertainment bookings, processing, and analysis.
- Maintain motor vehicle journals.
4. Audit Preparation
- Prepare necessary financial documentation for internal, external, and BBBEE audits.
- Act as the primary liaison for auditors, ensuring accurate and timely information is provided.
5. Stock Pricing Updates
- Provide ongoing updates regarding stock pricing.
6. Budgeting and Reporting
- Contribute to the preparation of annual SGA budgets when required.
- Monitor and analyze monthly spend versus budget across different regions.
7. Leadership and Collaboration
- Serve as a bridge between the Accounts Payable and Financial Accounting teams, fostering collaboration and business partnerships.
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Desired Experience & Qualification
- A relevant SAIPA/CIMA qualification
- Finance related Tertiary/minimum Degree
- Proven experience as a Financial Controller.
- 8+ years of combined experience in accounting and finance, with a preference for candidates with experience in the liquor or FMCG industries .
- Strong understanding of accounting principles and financial procedures.
- High attention to detail with excellent communication skills.
- Strong interpersonal skills and the ability to think creatively and strategically.
- A team player who can also work independently, with initiative.
- Willingness to work extended hours when necessary.
Package & Remuneration
650-750k p/a
