Manager: Finance (Accounts Payable & Accruals) at FlySafair

Description

• Prepare annual budgets, forecasts and cashflows, and monthly ad hoc costing exercise as required.
• Manage the full creditors process, accruals, and overhead expenditure control.
• Prepare audit related schedules required.
• Drive process automation and efficiency improvements within the creditors function, including invoice processing and approval workflows.
• Ensure a robust cost control environment, working capital discipline and accurate accruals.
• Provide leadership by acting as a resource, coach, and mentor, while setting clear team goals aligned with business objectives.
• Drive accountability and high performance by monitoring outputs, enforcing deadlines, and supporting continuous adherence to finance policies.
• Lead by example to foster a collaborative, disciplined and results-oriented work environment that recognises and rewards success.
• Support team members in overcoming barriers to productivity and goal achievement.
• Handle sensitive and confidential matters with professionalism, discretion, and sound judgment.
• Manage the team responsible for creditors processing, accruals, and overhead allocations.
• Produce accurate monthly and quarterly financial reports, ensuring reconciliations are complete and aligned with IFRS and company policies.
• Report on creditor balances, accruals, overhead expenditure and cost control.
• Manage the relationship between auditors and the Finance Department, ensuring all audit queries are resolved efficiently and accurately.
• Review and approve audit schedules, maintaining completeness, accuracy, and full compliance with IFRS and company policies.
• Assist the Senior Manager: Finance in the annual audit process by coordinating information and deliverables from team members and other departments.
• Engage with internal stakeholders to ensure timely invoice approvals, accurate cost allocations, and compliance with procurement processes.
• Build relationships with suppliers to resolve disputes and maintain strong payment discipline.
• Support negotiations or reviews of financial terms by providing accurate data, reconciliations, and variance explanations.
• Ensure the accuracy of accounting records and alignment with IFRS requirements.
• Drive adherence to finance policies and procedures across departments, escalating instances of non-compliance to the Senior Manager: Finance.
• Maintain compliance with all relevant legislation and regulatory requirements.
• Apply a thorough understanding of contractual agreements and regulatory charges to ensure precise billing, accruals, and allocations.

Requirements

• Grade 12 or Equivalent (Essential);
• BCom degree in Finance or Accounting (Essential);
• BCom Honours in Finance or Accounting OR 6 years Aviation experience (Essential);
• Professional certification such as SAIPA, SAICA or relevant (Essential);
• Chartered Accountant CA (SA) (Advantageous);
• 10 years’ Finance experience in a mid-sized organisation, of which, 3 years’ must have been in a management role (Essential);
• Must have completed articles (Essential);
• Experience in budget preparation and reporting (Essential);
• Experience in the preparing and finalising accounts in accordance with current South African regulations (Essential);
• Exposure to working across multiple systems and ensuring reconciliations between finance and operational systems (Essential);
• Experience in an accounting software package (Advantageous);
• Strong financial acumen;
• Knowledge of automated Financial and Accounting reporting systems;
• Knowledge of financial regulations;
• Relevant theoretical knowledge, accounting principles and practices.