Assistant Financial Controller - Cape Town (Southern Suburbs)

Performer Recruitment and Consulting; Cape Town; On-site; ZAR 800,000 - 1,000,000; Full time

Job summary

A leading company in Cape Town is seeking an Assistant Financial Controller to assist the Finance Executive. This role involves managing cash flow, overseeing financial operations, and preparing audits while fostering collaboration between finance teams. Candidates should possess a relevant financial degree and have significant experience in finance or accounting, preferably in the FMCG industry.

Qualifications

• 3+ years experience in accounting and finance, preferably in liquor or FMCG.
• Proven experience as a Financial Controller.
• Registered with SAIPA / CIMA / CA (SA).

Responsibilities

• Manage cash flow and prepare monthly tracking reports.
• Audit preparation and provide necessary documentation.
• Contribute to annual budgeting and monitor expenditures.

Skills

Attention to detail

Communication skills

Interpersonal skills

Strategic thinking

Education

Relevant degree (SAIPA / CIMA / CA (SA))

Job description

Introduction

To be based at Head Office(Tokai), the Assistant Financial Controller will be responsible for assisting the Finance Executive with ensuring professional financial activities within the Company.

Duties & Responsibilities

1. Cash Flow Management

• Review and allocate daily cashbook transactions to the Cashflow file.
• Assist in preparing and reviewing a monthly master file, tracking changes and analyzing variances in cashflow projections.
• Generate and review weekly cashflow tracking reports for the Financial Executive.
• Follow up on outstanding customer payments and ensure timely collections.
• Collaborate with the Accounts Payable Team to develop cashflow projection files, optimizing the overall cashflow process.

2. Subsidiary Ledger Processing

Manage invoicing for ad-hoc and internal stock orders.

Distribute debtor statements, issue ESD credits, and manage debt collection.

Execute day-end processes, including journal entries and resolving batch errors.

Process and update exchange rates, conduct monthly AR & AP revaluations.

3. Monthly Financial Operations

Assist in calculating VAT and preparing relevant documentation for submission to SARS.

Support the completion of annual SARB approvals.

Help manage insurance reviews and maintain records of vehicles and other assets.

Obtain and manage fleet reports (Avis, WesBank, Cartrack) to recover shared costs.

Manage corporate credit cards, including reconciliation for international travel and handling cardholder requests.

Oversee cell phone transactions.

Review and process payments, especially for foreign vendors, and provide feedback on any discrepancies.

Assist with reconciling balance sheet control accounts.

Enhance the efficiency of travel and entertainment bookings, processing, and analysis.

Maintain motor vehicle journals.

4. Audit Preparation

Prepare necessary financial documentation for internal, external, and BBBEE audits.

Act as the primary liaison for auditors, ensuring accurate and timely information is provided.

5. Stock Pricing Updates

Provide ongoing updates regarding stock pricing.

6. Budgeting and Reporting

Contribute to the preparation of annual SGA budgets when required.

Monitor and analyze monthly spend versus budget across different regions.

7. Leadership and Collaboration

Serve as a bridge between the Accounts Payable and Financial Accounting teams, fostering collaboration and business partnerships.

Desired Experience & Qualification

A relevant degree is essential, preferably SAIPA / CIMA / CA (SA) - Must be registered.

Proven experience as a Financial Controller.

3+ years experience (Post articles) in accounting and finance, with a preference for candidates with experience in the liquor or FMCG industries.

Strong understanding of accounting principles and financial procedures.

High attention to detail with excellent communication skills.

Strong interpersonal skills and the ability to think creatively and strategically.

A team player who can also work independently, with initiative.

Willingness to work extended hours when necessary.

Package & Remuneration

R800-R1 Mil p / a