Duties:
- Supervise the complete spectrum of financial operations within the organization, ensuring adherence to compliance standards, precision, and efficiency
- Take charge of the finance team, offering guidance, mentorship, and cultivating a culture of ongoing enhancement
- Financial group consolidations
- Steer cash control initiatives to minimize risks and uphold financial integrity
- Leverage PowerBI and other analytical tools for in-depth data analysis, enriching strategic decision-making processes
- Assisting with high-level decisions about policy and strategy
- Assuring legal and regulatory documents are filed and monitoring compliance with laws and regulations
- Identifying and addressing financial risks and opportunities for the company
Detailed list of day to day processing and involvement
- Financial and Management reporting applying IFRS
- Asset and Liability Management
- Banking
- Pull bank statements
- Load payments
- Processing of foreign payments*
- Load new bank beneficiaries
- Verify that COD receipts are reflecting
- Transfer funds between Cheque and Call accounts
- Downloading and emailing proof of payments
- Commission calculations
- Processing of salary journals
- Statutory returns
- VAT – verify figures presented by BRF and load payment
- EMP201 – monthly submission and payment
- EMP501 – bi-annual submissions*
- Provision tax - verify figures presented by BRF and load payment
- Income tax - verify figures presented by BRF and load payment
- Dividend tax – submission
- COIDA – submission and payment*
- Review Management accounts presented by auditors
- Analyse Trail Balances
- Process general journals
- Signing off credit notes
- Review and sign off supplier remittance packs
- Reconciling stock suspense and control accounts
- Managing and overseeing debtors books for the group
- Reconciling intercompany trading accounts
- Providing on job coaching and advise to team members
- Budgets and forecasting
- Frequent visits to branches to ensure compliance
- Preparing audit packs for yearly audits/ reviews
- Manage and lead the financial department
- Review journals done by auditors
- Asset finance interest journals
- Depreciation journals
- Maintenance of asset register for the group
- Obtain APN numbers
- Conducting staff performance reviews for financial department
- Annual overview of insurance policies
- Managing and overseeing full financial aspects of the group
- Ensure statutory compliance
- Investigating errors and apply correction