Financial Controller at Afrizan Personnel

Job description

The Financial Controller position is a mid-level position wherein the appointed individual will provide operational support to the Group in respect of the Accounting, Compliance and General Office Administration.

Qualification Requirement:

• B.Com or similar qualification required

Experience Requirement:

• 3 - 5 years’ relevant experience within an investment management firm or accounting/audit firm
• Having served articles or part thereof within an audit or legal firm advantageous

Responsibilities

Management

• Maintain a documented system of accounting policies and procedures
• Manage outsourced functions (e.g. payroll, IT)
• Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
• Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.

Transactions

• Ensure that accounts payable are paid in a timely manner
• Ensure that accounts receivable are collected promptly
• Maintain and submit records for required tax filings including but not limited to:
• Income Tax;
• Value Added Tax;
• Pay-As-You-Earn;
• Provisional Tax;
• Unemployment Insurance;
• Skills Development Levy
• Process payroll in a timely manner
• Ensure that periodic bank reconciliations are completed
• Ensure that required debt payments are made on a timely basis
• Maintain the chart of accounts
• Maintain an orderly accounting filing system
• Maintain a system of controls over accounting transactions

Reporting

• Issue timely monthly management accounts and complete financial statements
• Coordinate the preparation of the corporate annual report
• Recommend benchmarks against which to measure the performance of company operations
• Calculate and issue financial and operating metrics
• Manage the production of the annual budget and forecasts
• Calculate variances from the budget and report significant issues to management
• Provide for a system of management of cost reports
• Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations (e.g. rental agreements)
• Generate periodic reports to clients, including but not limited to:
• Performance reports;
• Business updates;
• Investee updates

Compliance

• Coordinate the provision of information to external auditors for the annual audit
• Monitor debt levels and compliance with debt covenants
• Comply with regulatory (e.g. FSB/SARS) reporting requirements and tax filings,
• Including liaising with Group Compliance Officer
• Maintain and manage storage of client records, including but not limited to:
• Mandates;
• Records of advice;
• Financial Intelligence Centre documentation;
• Performance documentation;
• Legal Agreements