Senior Finance Manager

1 month ago

Johannesburg, Saudi Arabia Oza Holdings Full time

Description

  • As a Senior Finance Manager, you will oversee various aspects of financial management and ensure accuracy in reporting. Lead accounting activities, collaborating with cross-functional teams, and contributing to strategic financial decision making.

Key Responsibilities:
General :

  • Implement accounting systems and processes for the organisation
  • Overseeing the duties and performance of accounting team
  • Detect and prevent financial frauds that may arise
  • Laise with auditors and other stake holders

Financial Reporting:

  • Prepare and analyze accurate and timely financial statements in accordance with accounting principles.
  • Prepare and present monthly management accounts which includes income statement, balance sheet, cash flow and ration analysis.
  • Ensure compliance with relevant regulations and reporting standards.

Month-End and Year-End Close:

  • Lead the month-end and year-end close processes, including reconciliation of accounts and preparation of adjusting journal entries.
  • Collaborate with cross-functional teams to gather necessary financial data.

General Ledger Management:

  • Maintain and reconcile general ledger accounts, ensuring accuracy and completeness
  • Investigate and resolve discrepancies or variances in financial records.

Budgeting and Forecasting:

  • Contribute to the budgeting and forecasting processes by providing accurate financial data and analysis.
  • Assist in monitoring actual performance against budgeted figures.

Financial Analysis:

  • Conduct financial analyses to identify trends, variances, and opportunities for improvement.
  • Provide insights and recommendations to management based on financial data.

Audit Support:

  • Support internal and external audit processes by preparing audit schedules, providing necessary documentation, and addressing auditor inquiries.
  • Implement audit recommendations to enhance internal controls.

Tax Compliance:

  • Assist in the preparation of tax returns and ensure compliance with tax regulations.
  • Collaborate with tax professionals to address tax-related inquiries and support tax planning.

Fixed Assets Management:

  • Manage the accounting for fixed assets, including capitalization, depreciation, and disposal.
  • Ensure accurate and up-to-date records of fixed asset transactions.
  • Review the accuracy of wear and tear schedule/

Financial Systems Maintenance:

  • Oversee the maintenance and integrity of financial systems and databases.
  • Collaborate with IT and other departments for system enhancements or upgrades.

Team Leadership and Training:

  • Provide guidance and mentorship to accountants and ensure timely work execution.
  • Conduct training sessions on accounting processes and procedures

Minimum requirements:

  • Registered as a Chartered Accountant
  • 7 to 10 years post-article experience in financial accounting
  • Mining experience will be preferred.
  • Good understanding of IFRS, SARS & SARB Regulations.
  • Substantial experience in accounting roles, with a focus on financial reporting and analysis
  • Proficiency in accounting software and Microsoft Excel
  • Strong understanding of accounting principles and financial regulations
  • Excellent analytical and problem-solving skills
  • Effective communication and interpersonal abilities
  • Detail-oriented with a high level of accuracy

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