Head of Finance at Ster-Kinekor Theatres Pty Ltd

Job Description

• To manage the overall financial function and act as the finance business partner.  This will include inter-alia: management and statutory reporting for the company and its two foreign subsidiaries; oversight of the overall control environment; modernization of the financial reporting systems; planning and forecasting; compliance with various statutory / regulatory requirements in SA and also Zambia and Namibia; and ensuring appropriate corporate governance.

Head of Finance Job Duties:

• Oversee and finalize monthly close.
• Ensure integrity of reporting to shareholders.
• Present expense analysis to operational managers, together with variance analysis and expectations for improvement (new).

Working Capital Management

• Creditors: Ensure timeous settlement of claims and communicate problematic issues.
• Debtors: Ensure prompt settlement of outstanding amounts and deal with slow payers as appropriate. Pay attention to smaller non-trade balances.
• Stock: Ensure (catering and technical) stock levels maintained at commercial levels.

Risk management:

• Ensure integrity of the whole control environment and periodically check outputs to expectations.
• Ensure known risks are mitigated either through preventative or detective controls.
• Expense management: Continually seek ways to reduce costs or make processes more efficient.
• Plan process in conjunction with auditors.
• Agree audit budget and manage within that limit.
• Ensure risks identified in previous audit/s have been adequately mitigated.
• Ensure all account balances adequately reconciled / approved.
• Take responsibility for calculation of Tax computation and Deferred Tax calculations.
• Lead the audit process and manage communication, from start to end.
• Ensure associated Tax Return submitted within 1 month of the above
• All banking matters.
• Integrity of salary increases and bonus calculations.
• Monthly commission calculations.
• Timeous payment of VAT, Payroll deductions, Provisional Tax and Assessed tax.

Qualifications:

• Post graduate Diploma in Accounting, together with articles from one of the Profession’s leading accounting firms
• A Chartered Accountant

Experience and Knowledge of:

• Minimum 2 years commercial experience, preferably in the retail / entertainment / leisure industries
• Thorough working knowledge of ERPs

Knowledge and Skills:

• Communicative skills, in both the verbal and written form
• Managerial skills
• Analytical skills
• Presentation skills
• Understanding of statutory accounting requirements and IFRS
• Understand of tax principles
• Understanding risk management
• Understanding of the audit process
• Understanding of Common and Commercial law