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  • Posted: Nov 18, 2020
    Deadline: Not specified
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    Gcubed is a boutique recruitment company based in Sandton, we are able to offer a highly personalised staff recruitment service that is guaranteed to deliver results. When you enlist our services you will experience the continuity necessary for a successful recruitment campaign. Gcubed prides itself on our ability to connect with our clients, you will not ha...
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    Head Of Finance

    Head Of Finance 

    • A leading player in the online marketplace industry, seeks an operational and collaborative Head of Finance to be responsible for the overall finance function within the business. 

    Responsibilities:

    Financial Reporting

    • Assumes overall responsibility of the finance function;
    • Manages day-to-day accounting functions including maintenance of general ledger, accounts payable, accounts receivable, payroll and project accounting; ensure accuracy and timeliness;
    • Preparation and analysis of all financial records to ensure accurate financial reporting, including all the annual financial statements, quarterly reports, budget preparations, etc.
    • Ensure all reporting is in accordance with all relevant accounting frameworks, Companies Act and relevant governance frameworks;
    • Compiles weekly, monthly and quarterly Reports to Management (including Departmental Reports) incorporating the Income Statement, Balance Sheet and Cash Flow Statement, Working Capital and Risks;
    • Attends meetings and demonstrates a deep understanding of the financial performance in discussions and presentations to Management;
    • Prepare for and coordinate annual audit;
    • Preparation of Annual Financial Reporting as well as the preparation of Annual Financial Statements in accordance with IFRS; and
    • Implements cloud-based financial systems for accounting, reporting and workflow management.

    Internal Controls and Procedures

    • Updates and implements Accounting Policies for changes in Accounting Standards and Legislation to ensure Compliance;
    • Implements and monitors financial policies and control systems;
    • Define, develop and maintain policies, procedures, standards and frameworks; and
    • Develop the internal accounting controls and processes to ensure accurate management reporting.

    Tax and Compliance

    • Ensures tax and other regulatory compliance;
    • Prepares and files VAT, PAYE, Income Tax and Dividend Tax Returns, when required; and
    • Manages BBBEE and other Compliance Procedures.

    Forecasting, Analysis and Planning

    • Compiles and delivers all budgets, forecasts and monthly reporting; including the explanation of all variances and the development of contingency plans with the relevant internal stakeholders to cover risk areas;
    • Monitors spending for adherence to budget, recommends and explains variations as necessary;
    • Identifies and implements cost control initiatives; and
    • Provides financial assistance to the business, responds to financial questions / concerns to meet business needs.

    Treasury and Working Capital Management

    • Prepares daily, weekly and monthly cash flow forecasts and monitor and report on variances;
    • Ensures the Working Capital Cycle is optimised through a continuous focus on debtors collections and optimising supplier payment terms; and
    • Invests surplus cash to maximise yield.

    Risk Management

    • Identifies, quantifies and mitigates key risks faced by the company.

    Corporate Development and Strategy

    • Provides insight into strategic decisions such as entering into a new market;
    • Works with the Product and Sales Teams to assess the viability of new projects;
    • Supports the Leadership Team with M&A Activities, where required; and
    • Assists with other Ad Hoc Projects where required.

    Managing Team Delivery

    • Leads the Finance Team;
    • Encourage a healthy work culture and positive work ethic in the department;
    • Manage the performance of team members and develop individuals;
    • Delegate projects to team members to ensure best possible spread of workload; and
    • Provide support, encouragement and administer disciplinary action when necessary.

    Requirements:

    • Bachelor's Degree in Accounting/Commerce/Business;
    • OR CA(SA) with 3-7 years' post-articles experience;
    • Demonstrable experience in managing non-CA staff;
    • Numerical ability;
    • Computer literate;
    • Strong analytical and problem-solving skills;
    • Excellent writing & communication skills;
    • Creative problem-solving skills; and
    • Experience in a digital / media environment is beneficial.

    Method of Application

    Interested and qualified? Go to Gcubed Boutique Recruitment on www.linkedin.com to apply

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