This includes overseeing the full accounting function up to Annual Financial Statements, payroll functions for the group, annual external audits for all group entities, monthly management reporting, business analytics, cashflow management and planning, procurement of finance and liasing with banks, and controls analysis and improvement. In addition, the successful candidate will be responsible for reporting to regulators (NCR, FSCA, FIC), the submission of statutory returns, while ensuring 17 employees are managed and developed accordingly, and that compliance with the relevant laws and regulations (Companies Act, Income Tax Act and VAT Act), is adhered to.
Key result areas are as follows :
Financial Reporting Group
- Oversee and manage annual audits
- Review monthly management accounts (MMAs)
- Review monthly salaries
- Review monthly journals
- Review monthly cashbooks
- Review monthly general ledgers
- Manage company cashflows
Oversee SARS compliance - Group
Income Tax returnsProvisional Tax returnsVAT returnsDWT returnsOversee CIPC compliance Group
Beneficial ownership returnsAnnual returnsRegistered changesAd Hoc Reporting - Group
Working with commercial banksFundingCovenantsFICA and annual reviewsWorking with HR in BEE certificationStats SA submissionsOversee finance department functions
3rd party collectionsSubmissionsCollectionsAllocations of collectionsReferral agents commission paymentsBusiness analyticsDirect deposit allocationsInsurance underwriter reportsBordereauxDeltaQuarterlyFund requests by branchesLoan disbursement approvalsPetty cashRefunds paymentsStaff loansLoan Management System
Oversee month end reportingOversee financial support to branchesEnsuring fees calculations / hand overs / commissions are correctStatutory Reporting
National Credit RegulatorFinancial Sector Conduit AuthorityConduct for Business ReturnsManage Finance Staff
KPAs and performance managementLeave planning and schedulingTrainingWeekly and Monthly MeetingsEstablish & Implement Policies, Procedures, Strategy and Workflows
Create and implement policies, procedures and workflows to create operational efficiencies and minimise manual processesGeneral
Provide assistance on special projects within the finance functionAssist in obtaining information for ad hoc requests received from both internal and external stakeholdersKEY COMPETENCIES
Sound business acumenPlanning and organisingFollowing instructions and proceduresAdapting and responding to changeCoping with pressure and setbacksQUALIFICATIONS AND EXPERIENCE
Grade 12 / Senior CertificateBCom (Hons) / Equivalent degree or diplomaChartered Accountant SAAt least 5 years experience post articlesMicrosoft Office (excellent Excel, Word, SharePoint, Teams and Outlook experience)Sage Intacct AccountingPastel Payroll & HR 2024Group consolidationsNational Credit Act and Financial and Intermediary Services Act