Financial Manager

Exceed Human Resource Consultants; Greater London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated financial consultant to oversee critical financial processes and ensure compliance with accounting frameworks. This role involves managing cash flow, reviewing VAT submissions, and supervising financial administration. You will work closely with the CFO to enhance the financial department's effectiveness and implement best practices. If you have a strong background in accounting and a passion for financial management, this is an exciting opportunity to contribute to a forward-thinking organization that values precision and proactive financial strategies.

Qualifications

• 5 years experience in a similar position with a focus on financial reporting.
• Bachelor’s degree in accounting or equivalent is preferable.

Responsibilities

• Oversee Trial Balance processing and ensure accuracy in financial reports.
• Manage daily cash flow and coordinate supplier payments.

Skills

Accounting Principles

Financial Reporting

Cash Management

VAT Submission

Supplier Payments

Working Capital Management

Risk and Control Matrix

Team Management

Education

Bachelor’s Degree in Accounting

Tools

Zoho Accounting

ERP Systems

Job description

Reference: 10234 AV Consultant:Anneke ViviersJob Description:

Overall responsible for reviewing and ensuring that the Trial Balance processing (and subsequent financial reports) is completed, materially accurate in all respects and compliant with accounting reporting frameworks (i.e. IFRS).

• Ensure daily cash management enforced and forecast Cash Plan is kept up to date.
• Review monthly VAT Submission and approve submission on SARS platform.
• Manage Orchestly processes – ensure effective controls and forms available.
• Review the daily, weekly and monthly financial reconciliations (bank, creditors, etc.) and ensure expenses are booked accurately.
• Ensure General Ledger (GL) allocations are done within statutory and reporting frameworks, is materially correct, and processing is done consistently.
• Coordinate supplier payments for local and foreign.
• Purchasing Foreign Currency via foreign exchange dealers and securing forward exchange contract (FEC).
• Managing and ensuring adequate documentation trails for all import & export transactions.
• Understanding and assisting in the implementation of effective Working Capital Management processes.
• Assist the CFO in creating a forward-thinking financial & administration department which operates as a value-added service to the company.
• Assist the CFO in the Month end, Quarterly & Year end reporting requirements.
• Responsible for and supervise the daily financial administration (including the team members) and ensuring that data is captured correctly, accurately and on time and hold the team to account to deadlines.
• Assist in the completion and review of processing data when needed (i.e. Customer invoicing, Processing supplier invoices, ensure all suppliers captured).
• Responsible for ensuring best practice is implemented at all times and raise awareness to areas needing to be looked at.
• Assist with transactions involving Rates of exchange, FEC, Incoterms, VAT, etc.
• Assist in maintaining and managing external relationships with banks, auditors and third-party vendors.
• Assist CFO and other departments with effective flow on procedures and process flows that filter into finance department and related transactions.
• Assist CFO and ERP/IT in effectively managing ERP system.
• All entities should ensure that they have developed a Risk and control matrix (RACM) for all material (both quantitative and qualitative) account balances and processes and that these are regularly updated.
• Regular reporting processes should be established where the RACM is discussed, monitored, and updated where and when appropriate.
• Ensure that all CSA questionnaires have been responded to.
• Ensure that remediation activities have been implemented for all “No” answers and that these are tracked and monitored.
• Ensure that there is no “unwarranted reliance” on IT systems by reviewing ITGCs and IT remediation activities.
• Establish proper monitoring and reporting protocols relating to the financial control environment.
• Ensuring FICA compliance and submission of reports. Ensuring staff is trained and up to date with latest requirements.

Qualifications:

• Preferable Bachelor’s Degree in accounting or equivalent qualification.
• 5 years’ experience in similar position.
• Basic accounting principles.
• Zoho Accounting (or other ERP system within manufacturing environment).

How to Apply:

• Email your comprehensive CV to [e-mail].
• If you are already registered, please forward your CV and the relevant reference number to the consultant with whom you are currently registered in order to avoid duplicity on our system.
• We reserve the right to only conduct interviews with candidates of choice.
• Applicants who have not received feedback within 30 days from the closing date must please accept their application as unsuccessful.