Finance Manager

Oza Holdings • Other • Midrand, Gauteng, South Africa • $200 - $300 / year • 6h ago

As a Financial Manager you will oversee various aspects of financial management and ensure accuracy in reporting. Lead accounting activities, collaborating with cross-functional teams, and contributing to strategic financial decision making.

Key Responsibilities:

General:

Implement accounting systems and processes for the organisation
Overseeing the duties and performance of accounting team
Detect and prevent financial frauds that may arise
Laise with auditors and other stakeholders

Financial Reporting:

Prepare and analyze accurate and timely financial statements in accordance with accounting principles.
Prepare and present monthly management accounts which includes income statement, balance sheet, cash flow and ratio analysis.
Ensure compliance with relevant regulations and reporting standards.

Month-End and Year-End Close:

Lead the month-end and year-end close processes, including reconciliation of accounts and preparation of adjusting journal entries.
Collaborate with cross-functional teams to gather necessary financial data.

General Ledger Management:

Maintain and reconcile general ledger accounts, ensuring accuracy and completeness
Investigate and resolve discrepancies or variances in financial records.

Budgeting and Forecasting:

Contribute to the budgeting and forecasting processes by providing accurate financial data and analysis.
Assist in monitoring actual performance against budgeted figures.

Financial Analysis:

Conduct financial analyses to identify trends, variances, and opportunities for improvement.
Provide insights and recommendations to management based on financial data.

Audit Support:

Support internal and external audit processes by preparing audit schedules, providing necessary documentation, and addressing auditor inquiries.
Implement audit recommendations to enhance internal controls.

Tax Compliance:

Assist in the preparation of tax returns and ensure compliance with tax regulations.
Collaborate with tax professionals to address tax-related inquiries and support tax planning.

Fixed Assets Management:

Manage the accounting for fixed assets, including capitalization, depreciation, and disposal.
Ensure accurate and up-to-date records of fixed asset transactions.
Review the accuracy of wear and tear schedule.

Financial Systems Maintenance:

Oversee the maintenance and integrity of financial systems and databases.
Collaborate with IT and other departments for system enhancements or upgrades.

Team Leadership and Training:

Provide guidance and mentorship to accountants and ensure timely work execution.
Conduct training sessions on accounting processes and procedures.

Minimum Requirements:

Chartered Accountant would be preferred with 5-6 years of work experience. Or Financial Manager with Honours Degree and 6 years+ experience
Mining experience would be an advantage
Good understanding of IFRS, SARS & SARB Regulations.
Substantial experience in accounting roles, with a focus on financial reporting and analysis
Proficiency in accounting software and Microsoft Excel
Strong understanding of accounting principles and financial regulations
Excellent analytical and problem-solving skills
Effective communication and interpersonal abilities
Detail-oriented with a high level of accuracy

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