Head of Finance KZN

PERFORMANCE CRITERIA • Uncompromising commitment to immediate communication and response to customers, suppliers and internal stakeholders. • Our culture depends heavily on ensuring time wasting activities are eliminated - innovation and proactivity is heavily encouraged • Setting team objectives/KPI’s and regular review periods • Development of a balanced scorecard of team members • Delivery of performance related feedback to team members • Ensuring that reporting and data capturing functions are carried out accurately, consistently, timeously and in line with accepted company standards • Ensuring that company policy and procedures relating to administration are adhered to as well as all accounting and HR functions are within statutory specifications and generally accepted accounting practices. • Manage and maintain financial tasks according to company policy and procedure • Adherence to statutory requirements • Asses financial risk and strive for operational efficiencies within the organization • Keep abreast of IFRIS disclosure changes for Small, Medium to Large entities • Manage and control the budget • Manage company assets, as well as the utilization and maintenance thereof • Manage staff performance and development • Develop innovative payment options • Investigate off-shore solutions as company opportunities are identified • Participate in customer acquisition where required • Support the CEO in liaising with investors and shareholders • Actively participate in setting strategic direction of the company RESPONSIBILITIES • Preparing analytical reports for team leaders as required for business insight, innovation, and optimization – this can’t be achieved without knowing the business end-to-end • Ensuring that all records are in line with company procedure and accepted practices. • Managing Administration Department: oversee and supervise the administrative function of the organization • Managing IT Department: oversee and supervise the IT function of the organization • Managing Payroll Administration: Monthly payroll, adjustment and tax provision journal processing • Keep updated on taxation legislation, returns, VAT, Income Tax, capital allowances and PAYE • Cash flow management • Monthly administration process review and control, ensuring that deadlines are met in line with requirements • Develop, implement, and ensure compliance with internal financial and accounting policies and procedures • Preparation of value-adding monthly results, sub-packs for MANCO, EXCO and board reports, with insights, as and when required • Review of monthly results corrections where required • Quarterly submission of bank facility, investor covenant calculations and schedules • Monthly asset review for movements, additions and disposals per budget, review of recording on asset registers • Ensure all statutory requirements of the organization are complied with i.e. monthly VAT reconciliation, returns submission on e-filing and payment • Daily management of banking system processing, releasing of creditors banking details, releasing of payments to creditors, signatory on banking instruments • Establish guidelines for annual budget and forecast preparation, and prepare the annual budget in consultation with the CFO and CEO • Annual Insurance review • Preparation of bi-annual reporting and financial statements, including mapping of Trial Balance for integration into group financial reports • Responsible for annual year end audits, tax computations and post audit processing, filing of tax returns Investigate, initiate and then: Participation and liaison regarding company short term insurance and provident fund • Monthly review of final payroll processing, reconciliations, submissions of returns and releasing of payments and creditor details on banking system • Daily review of age analysis, assisting with collection issues • Liaison with attorneys regarding collections • Monthly review regarding credit and industry credit issues • Authorizing and reviewing credit limits and credit facility applications • Ad Hoc project input pertaining to IT and/or Admin Department • Ensuring effective utilization of Human Resource Policies & Procedure in relation to Recruitment, Training & Development, Performance Management, Disciplinary and Grievance procedures • Bi-annual Performance Development Discussion processing for HR training planning and performance management processes • Prepare all supporting information for internal audits • Assist with, explore, research, propose and manage innovative solutions and approaches • Involvement in strategic company structure optimization and all B-BBEE strategies • As a member of the Executive Team, identify, analyze and participate in strategic growth opportunities • Act as a gate-keeper for ISO initiatives and compliance QUALIFICATIONS / BACKGROUND / EXPERIENCE • At least 5 years Team management experience • FSP, Logistics knowledge, dealership experience – a plus • Good knowledge of innovative solutions and technologies • Good knowledge of Business Intelligence • Coaching/Quality experience an added advantage • Qualification: CA(SA) • Sound verbal, written and telephonic communication skills in English • Advanced computer literacy (Microsoft Office, Word, Excel, Powerpoint) • Experience in the banking and/or insurance industry (or other FSP) an advantage INTERPERSONAL/TECHNICAL SKILLS • Process and system knowledge essential • Tax and Accounting knowledge • Pedantic with detail and troubleshooting issues • Problem solving, analytical/investigative skills skills • Planning and organizing skills • Client Service orientated • Sense of urgency in attending to issues and resolving problems • Precise and accurate attention to detail – deadline driven • Energetic and flexible disposition • Ability to work under pressure and as part of a team, as well as relate to staff at all levels • Team leader and team player • High ability to multi-task • Reporting skills • Strong work ethic and high standards set for achievement • Exciting and energetic innovator • Keen desire to be part of a business as a partner to growth and success

Location: Durban, ZA

Posted Date: 1/9/2025