Financial Manager

New World Personnel Consultants • Other • Mkhambathini Local Municipality, KwaZulu-Natal, South Africa • $200 - $300 / year • 7h ago

Job Overview

Overall responsibility for the administration and financial affairs of the company including financial planning and budgeting, reporting, cost control and cost analysis programs and IT & IS Departments.

Duties & Responsibilities

Timely and correct financial and administrational recording, record-keeping and reporting, including preparation of management and statutory information for internal, board-level, and external stakeholder use and interpretation.
Preparation of the annual financial statements in terms of generally accepted accounting practice and performing all year-end accounting functions.
Preparing and reviewing the monthly management accounts.
Completing the annual tax return.
Ensuring that company tax affairs are handled correctly and within legal parameters.
Complying with the Company Global Guidelines for finance and administration.

Company Secretary

Compliance with relevant statutory and other legislation.

Keeping all companies’ statutory records up to date.

Company Assets

Safeguarding the assets and interests of the company and its shareholders by advising the CEO, Board and other stakeholders about the financial health of the organization.
Ultimately responsible for accounts receivables.
Implementing the principles of transparency and good corporate governance insofar as they apply to the financial and administrational function.
Adequate Insurance – Ongoing monitoring and implementation.

Asset control - Implement systems and controls to control and monitor assets.

Financial Budget

Preparing and reviewing the annual budget.
Liaison with financial institutions to raise finance facilities and structure financial packages.
Monitor and provide for adequate daily cash flow for the company to meet its financial commitments.

Weekly, monthly and annual reporting of actual business results relative to the annual budget according to set timeframes for both the local organization and the Global organization.

Investments

Participating in and contributing to investment and other strategic decision-making. This will also require doing the financial feasibility calculations for planned investments and doing profitability analysis on strategic long-term plans.

IT & IS Departments

Ensuring the following outputs from the IT (Information Technology) and IS (Information Systems/ERP) departments:

IT

Adequate, stable and reliable computer and server networks.
Reliable and effective security and firewall protection of the company's financial and administrative information.
An efficient and effective IT support desk.
Backup system that meets the company’s requirements.
Complying with the Global Management Guidelines.

IS

Design and development, administration and monitoring of information systems of which ERPXL (our ERP system) and SAP/BPC (our consolidation software) are the most important, to support organizational strategy and information processing needs and requirements.
Adequate, stable and reliable ERP and Apps systems.
Ensure financial and administrative integrity of the ERP and Apps systems.
Ensure that the ERP and Apps systems meet the evolving business requirements.
An efficient and effective IS support desk.
Complying with the Global Management Guidelines.