Job Title: Head of Finance KZN
Company:Pro Tem
Job description: PERFORMANCE CRITERIA
- Uncompromising commitment to immediate communication and response to customers, suppliers and internal
stakeholders.
- Our culture depends heavily on ensuring time wasting activities are eliminated – innovation and proactivity is heavily
encouraged
- Setting team objectives/KPI’s and regular review periods
- Development of a balanced scorecard of team members
- Delivery of performance related feedback to team members
- Ensuring that reporting and data capturing functions are carried out accurately, consistently, timeously and in line with
accepted company standards
- Ensuring that company policy and procedures relating to administration are adhered to as well as all accounting and HR
functions are within statutory specifications and generally accepted accounting practices.
- Manage and maintain financial tasks according to company policy and procedure
- Adherence to statutory requirements
- Asses financial risk and strive for operational efficiencies within the organization
- Keep abreast of IFRIS disclosure changes for Small, Medium to Large entities
- Manage and control the budget
- Manage company assets, as well as the utilization and maintenance thereof
- Manage staff performance and development
- Develop innovative payment options
- Investigate off-shore solutions as company opportunities are identified
- Participate in customer acquisition where required
- Support the CEO in liaising with investors and shareholders
- Actively participate in setting strategic direction of the company
RESPONSIBILITIES
- Preparing analytical reports for team leaders as required for business insight, innovation, and optimization – this can’t be
achieved without knowing the business end-to-end
- Ensuring that all records are in line with company procedure and accepted practices.
- Managing Administration Department: oversee and supervise the administrative function of the organization
- Managing IT Department: oversee and supervise the IT function of the organization
- Managing Payroll Administration: Monthly payroll, adjustment and tax provision journal processing
- Keep updated on taxation legislation, returns, VAT, Income Tax, capital allowances and PAYE
- Cash flow management
- Monthly administration process review and control, ensuring that deadlines are met in line with requirements
- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
- Preparation of value-adding monthly results, sub-packs for MANCO, EXCO and board reports, with insights, as and when
required
- Review of monthly results corrections where required
- Quarterly submission of bank facility, investor covenant calculations and schedules
- Monthly asset review for movements, additions and disposals per budget, review of recording on asset registers
- Ensure all statutory requirements of the organization are complied with i.e. monthly VAT reconciliation, returns submission
on e-filing and payment
- Daily management of banking system processing, releasing of creditors banking details, releasing of payments to creditors,
signatory on banking instruments
- Establish guidelines for annual budget and forecast preparation, and prepare the annual budget in consultation with the
CFO and CEO
- Annual Insurance review
- Preparation of bi-annual reporting and financial statements, including mapping of Trial Balance for integration into group
financial reports
- Responsible for annual year end audits, tax computations and post audit processing, filing of tax returns
Investigate, initiate and then: Participation and liaison regarding company short term insurance and provident fund
- Monthly review of final payroll processing, reconciliations, submissions of returns and releasing of payments and creditor
details on banking system
- Daily review of age analysis, assisting with collection issues
- Liaison with attorneys regarding collections
- Monthly review regarding credit and industry credit issues
- Authorizing and reviewing credit limits and credit facility applications
- Ad Hoc project input pertaining to IT and/or Admin Department
- Ensuring effective utilization of Human Resource Policies & Procedure in relation to Recruitment, Training & Development,
Performance Management, Disciplinary and Grievance procedures
- Bi-annual Performance Development Discussion processing for HR training planning and performance management
processes
- Prepare all supporting information for internal audits
- Assist with, explore, research, propose and manage innovative solutions and approaches
- Involvement in strategic company structure optimization and all B-BBEE strategies
- As a member of the Executive Team, identify, analyze and participate in strategic growth opportunities
- Act as a gate-keeper for ISO initiatives and compliance
QUALIFICATIONS / BACKGROUND / EXPERIENCE
- At least 5 years Team management experience
- FSP, Logistics knowledge, dealership experience – a plus
- Good knowledge of innovative solutions and technologies
- Good knowledge of Business Intelligence
- Coaching/Quality experience an added advantage
- Qualification: CA(SA)
- Sound verbal, written and telephonic communication skills in English
- Advanced computer literacy (Microsoft Office, Word, Excel, Powerpoint)
- Experience in the banking and/or insurance industry (or other FSP) an advantage
INTERPERSONAL/TECHNICAL SKILLS
- Process and system knowledge essential
- Tax and Accounting knowledge
- Pedantic with detail and troubleshooting issues
- Problem solving, analytical/investigative skills skills
- Planning and organizing skills
- Client Service orientated
- Sense of urgency in attending to issues and resolving problems
- Precise and accurate attention to detail – deadline driven
- Energetic and flexible disposition
- Ability to work under pressure and as part of a team, as well as relate to staff at all levels
- Team leader and team player
- High ability to multi-task
- Reporting skills
- Strong work ethic and high standards set for achievement
- Exciting and energetic innovator
- Keen desire to be part of a business as a partner to growth and success
Expected salary: R60000 – 100000 per year
Location: Durban, KwaZulu-Natal
Job date: Thu, 09 Jan 2025 04:00:06 GMT
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