Overview
Finance Manager Jobs in Cape Town, South Africa at West Coast Personnel
Professional Accountant with SAIPA membership or Finance Qualification NQF level 7-8
Market Related
Description
The Financial Managers responsibility is to effectively manage financial staff nationally and in so doing
facilitate the compilation of accurate and reliable management accounts.
Ultimately the positionpurposeis to manage the company’s financial health through cash flow monitoring
and the effective management of profitability variable – Costs, Price, Volumes and Product Mix Shifts
Salary negotiable and dependent on experience.
Please send your CV in Word format to , with subject “Financial Manager Milnerton”.
You will be contacted within 2 weeks of sending your CV, SHOULD you be shortlisted for this role. If you are not contacted, please consider your application to have been unsuccessful. Thank you for your interest in this Financial Manager vacancy.
Responsibilities
Key Result /Responsibility Area’s % Tasks KPI’s – what/how to measure
FINANCIAL ADMINISTRATION
1. Check all bank accounts are balanced daily
2. Petty cash capturing of payments monthly
3. Cash flow planning daily and updating actual
4. Calculate and process month end journals for interest income and interest paid
5. Capturing of credit card accounts
6. Calculating Agent’s commission on sales and making the payments
7. Processing Journals for Samples and damaged stock for the month
8. Depreciate assets monthly. All Insurance claims / queries Obtain approval and make all payments required for ACS nationally Maintain Fixed assets for ACS Manage rental agreements, payments & updates
9. Rental invoice – Veloudos 10. Year end to be completed by 15 March for submission to auditors 11. Assist with annual audit
1. Bank recon balanced daily and at month end within 3 workings of Bank Statement.
2. Petty cash balances monthly by the 2nd 3. Cash flow projections to be reported daily
4. Interest accounts balanced by the 3rd 5. Balance with debit order by the 5th 6. Commissions Calculated and paid by the 25th. 7. Ensure all journals are accurate and reviewed by Head of Finance by the 7th 8. To be done by 3rd of the new month 9. To be done on 1st day of new month 10. All information to be checked by 15th March 11.
Provide all documentation timeously to auditors
DEBTORS
1. Manage Bank capturing of Receipts daily and petty cash receipts monthly
2. Manage Allocation of receipts to Debtor accounts
3. Manage collection of Debts outstanding
4. Manage Export procedures
1. Bank recon balanced – suspense accounts not exceeding 0.1% of sales
2. Unallocated receipts not exceeding 90days (goal) 3. Bad Debts not exceeding 0.1% of sales. Improve on a 65 day collection period (goal) 4. Documentation for compliance. No unpaid invoices (goal). Monthly review of ageing and formal discussions held with debtors manager on 65 – 120 day debtors
CREDITORS
1. Manage converting of Purchase order into Supplier Invoices
2. Manage the capturing of direct expenses and reconcile creditors
3. Submit payment list of creditors and make the payments when approved
4. Manage Purchase orders on Smart Edge any PO for next month needs to be re-dated or deleted if not used
5. Foreign Creditors – manage creditor’s accounts
6. Freight invoices – capturing & payment
1. Suppliers statements reconciled by 15th. Spot check a few supplier statements
2. Suppliers statements reconciled by 15th. Spot check a few supplier statements
3. Supp…
Title: Finance Manager
Company: West Coast Personnel
Location: Cape Town, South Africa
Category: Finance & Banking, Accounting
