Overview
Chief Financial Officer/Cfo Jobs in Johannesburg, South Africa at Newrest
Position: CHIEF FINANCIAL OFFICER (CFO) REQUIRED
Newrest is a Multi-Sector Catering Company with 40,000 employees in 54 countries.
Labor
CANDIDATE MUST BE ABLE TO LIVE AND WORK FROM JOHANNESBURG SOUTH AFRICA.
Reporting
· Submission on Cegid.
· Submission of HFM Flows submission
· Finalisation of Intercompany reconciliations via HFM
· Extract Infodaf report by Cost Centre
· Extract weekly Infodaf Debtors and Creditors Ageingreport
· Update Cost of Sales trend report by Cost Centre
· Extract and update YTD Operating Costs report by Cost Centre
· Labour Cost analysis for Management Accounts
· Report financial results to the board of directors
· Providing and Interpreting Financial Information
Risk Management
· Understand and mitigate key elements of the company’srisk profile
· Monitor all open legal issues involving the company,and legal issues affecting the industry
· Maintain appropriate insurance coverage
· Ensure that the company complies with all legal and regulatory requirements
· Report risk issues to the audit committee of the boardof directors
· Maintain relations with external auditors and investigate their findings and recommendations
Service Level Agreements
· Reviewing of the SLA agreements with our clients and recommending changes pertaining to financial
input and legislation.
Creditors
· Ensure that all creditors are in line with the paymentterm agreements in order to qualify for the relevant
rebates and discounts.
Debtors
· Ensure that debtors are collected timeously, to run an effective cash flow
General Ledger
· Reviewing and maintaining control accounts
· Scheduling of balance sheet accounts and analysis ofP&L accounts as required
· VAT 201 Reconciliation and online submission to SARSvia E-Filing
· VAT 201 Queries and Audits via SARS E-Filing
· Ensuring debtors, creditors and cashbook ledgersreconcile to the general ledger
· Processing of Journal entries
· Verify Instalment Sales Agreement Schedule
· Maintaining Fixed Assets Schedule
Banking
· Monitoring bank balances.
· Creating and maintaining the creditor database on Standard Bank CATS online banking system.
· Capturing of payments with first releasefunctionality.
· All business banking administration, (electronic andmanual) – opening, closing and maintaining
accounts and signatories.
· Review Bank Reconciliations
· Final Bank Release function for salaries and payments
Payroll
· Final review of the monthly payroll before release
Cash Flow
· Cash flow forecasting, daily and monthly
· Calculation of monthly cash requirement
· Managing payments within cash flow constraints
Taxation
· Ensure that the company complies with all tax laws,rules, regulations, etc in relation to it’s business
· Ensure Income Tax compliance and submission of returns
· Ensure Vat compliance and submission of returns
· Effective handling of all SARS queries
Adhoc
· Full Management of the Finance Team of 8 people
Perfil
Qualifications and Experience, Skills &Competencies
Qualifications
· Grade 12
· B Com Degree
· Cegid Accounting
· Leadership Development Programme
Experience
· 4 to 6 Year’s Auditing Experience
Skills
· Strong Analytical Skills
· Communication&Organisation
· Strong Financial Acumen
· Planning&Forecasting
· Leadership Skills
· Accuracy
Competencies
Governance Risk & Control
Audit and taxation
Management accounting
Ability to meet deadlines
Staff mentoring
Title: Chief Financial Officer/Cfo
Company: Newrest
Location: Johannesburg, South Africa
Category: Finance & Banking (Financial Reporting)
