Purpose of Job: Responsible for the financial procedures leading up to and including preparation of the financial management accounts. Supervision of staff dealing with KANBAN matters and responsible for general day to day financial administration
Responsibilities:
Management Accounts: Compilation of annual and monthly management accounts including the preparation of the income statement and balance sheet of the trading and property owning companies of the company group
Bookkeeping, Integration of books of first entry: Finalization of all books of account including the General Ledger and the integrated books of first entry being the Cash Books, Accounts Receivable and Accounts Payable. Ensuring correct entry of journals into Syspro and correct GL account allocations of all income and expense
Reconciliations: Responsibility for the maintenance of the Fixed Asset register. Reconciliation of the integrated Syspro modules to the general ledger. Reconciliation of all balance sheet accounts
Financial year-end audit: Preparation of accounts for financial year-end audit
Accounts Receivable: Management of the functions of the credit controller and debtor’s clerk as well as the maintenance of the Accounts Receivable module. Ensuring debtors collections are within the company’s credit limits and terms
Accounts Payable: Management of the functions of the Accounts supervisor and creditor clerks as well as the maintenance of the Accounts Payable module and the Cash books. Responsible for timeous and accurate creditor payment to ensure the smooth receipt of critical supplies
Exec Payroll: Preparation and administration of payroll for remuneration of directors and senior manager
Statutory returns (Salaries/wages): Monthly submission of PAYE, UIF and SDL returns. Annual preparation of IRP5/IT3a certificates and the balancing and submission of the tax reconciliation
Banking: Management of bank accounts including current and call accounts and authorization of payments
Human Resource Management: Responsible for enforcement of discipline if required for the staff reporting to this position as well as evaluation of the staff and recommendations for training
Month end process: Ensuring that sales and COS journals intercompany journals are completed by Day 1 of the new month. Ensuring that intercompany AR & AP balances with counterparts before Day 3 of reporting. Ensuring all TB’s are finalized by day 3 reporting
Stats SA: Send monthly turnover figures to Stats SA