Assistant Financial Manager

RiseUp Group; Gauteng; On-site; ZAR 420,000 - 620,000; Full time

Job summary

RiseUp Group seeks an Assistant Financial Manager to act as deputy to the financial manager. You will lead the monthly close, drive the Odoo ERP migration, and oversee reconciliations, stock valuation, and statutory submissions.

Essentially, 3–5 years in financial accounting with ERP experience, strong Excel, and IFRS/VAT payroll knowledge will position you for success in this role. Manufacturing/ FMCG exposure is advantageous.

Qualifications

• 3–5 years in a financial accounting role, including month-end closes and balance sheet reconciliations.
• Experience with at least one ERP or accounting system and advanced Excel.
• Knowledge of IFRS or IFRS for SMEs, VAT and payroll tax.

Responsibilities

• Lead the month-end close and balance sheet reconciliations.
• Prepare monthly management accounts and variance commentary.
• Own the Odoo accounting module through implementation and go-live, including COA, tax setup and journals.
• Reconcile stock counts to GL and investigate variances.
• Maintain costing for finished goods, raw materials and packaging; support pricing with cost data.
• Perform intercompany reconciliations and related-party loan schedules.

Skills

Advanced Excel

IFRS/IFRS for SMEs

Payroll tax knowledge

Education

BCom (Accounting) or BCompt

Articles completed (SAICA/SAIPA/CIMA/ACCA) or CA(SA)

Tools

Odoo ERP

Job description

Job Title: Assistant Financial Manager

Location: Kyalami

Job Overview:

Reporting directly to the financial manager, the Assistant Financial Manager acts as second in command of the finance function. You will lead the monthly close and drive the accounting workstream of our migration to the Odoo ERP. You will also oversee the group’s reconciliations, stock valuation and statutory submissions, ensuring they are accurate and delivered on time.

• A minimum of 3 to 5 years' experience in a financial accounting role, including running month-end closes and balance sheet reconciliations.
• Working experience of at least one ERP or accounting system, and advanced Microsoft Excel.
• Sound knowledge of IFRS or IFRS for SMEs, VAT and payroll tax.

Minimum Requirements:

Essential

• BCom (Accounting) or BCompt degree.
• A minimum of 3 to 5 years' experience in a financial accounting role, including running month-end closes and balance sheet reconciliations.
• Working experience of at least one ERP or accounting system, and advanced Microsoft Excel.
• Sound knowledge of IFRS or IFRS for SMEs, VAT and payroll tax.

Advantageous

• Completed articles (SAICA, SAIPA, CIMA or ACCA), or a professional designation such as Professional Accountant (SA) through SAIPA, or CA(SA).
• Experience of Odoo, particularly of an implementation or migration.
• Experience of inventory accounting and costing in a manufacturing environment, ideally pharmaceutical, food or FMCG.
• Experience of multi-entity group accounting and intercompany reconciliations.
• Experience preparing lender or funder reporting packs.

Key Responsibilities:

• Run the month-end close to a fixed timetable: accruals, prepayments, journals and the balance sheet reconciliations behind every account.
• Prepare monthly management accounts and the management pack for the financial manager, with commentary on variances against budget and prior period.
• Own the accounting module of Odoo through implementation and go-live: chart of accounts, tax set-up, journals, bank feeds and period close.
• Test and sign off the finance side of the system before go-live, and work with the systems administrator on any configuration change that affects the books.
• Work with the stock controller to reconcile the stock count to the general ledger every month and investigate every difference.
• Maintain standard and batch costing for finished goods, raw materials and packaging. Support product pricing reviews with accurate cost data.
• Reconcile intercompany balances and related-party loan accounts across the group every month, with signed-off schedules that agree on both sides.
• Maintain the supporting schedules for loans, interest and security arrangements, ready for audit.
• Prepare VAT returns and support the financial manager on income tax, provisional tax and SARS correspondence.
• Review payroll before it is paid and reconcile PAYE, UIF and SDL submissions (EMP201 and EMP501).
• Oversee debtors and creditors: age analyses, customer account statements, credit control follow-up, and the matching of supplier invoices to orders and goods received.
• Prepare the weekly cash flow forecast and the payment run for approval. The assistant financial manager prepares payments but never releases them: release always requires two authorised signatories.