Assistant Financial Manager R41K (Ctc)

Acumen Resources Development (Pty) Ltd.; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A food commodities company in Sandton is looking for an Assistant Financial Manager. The successful candidate will ensure the maintenance and accuracy of accounting records, assist in financial reporting, and support budget preparation. Ideal candidates possess strong interpersonal skills, negotiation abilities, and functional expertise in finance. This role offers a competitive compensation package of R41K (CTC).

Qualifications

• Up-to-date knowledge in specialty areas to improve efficiencies and profitability.
• Ability to present technical information clearly to non-specialists.
• Strong listening skills and effective communication.

Responsibilities

• Maintain integrity and accuracy of accounting records.
• Assist with financial reporting and consolidation.
• Prepare annual budget and reconciliation of general ledger accounts.

Skills

Functional Expertise

Persuasion and negotiation

Interpersonal skills

Job description

Assistant Financial Manager Food Commodities company in Sandton is looking for an Assistant Financial Manager.

It is expected that the successful candidate will be responsible for the maintenance, integrity and accuracy of all accounting records and will assist in the preparation of all financial reporting packs required and consolidation of accounts for various entities within the vertical.

Duties & Responsibilities

• General responsibility for the posting, recording and maintenance of all accounting records, including assisting with the preparation of the monthly Management Reporting Pack and submission to the Group Finance and Corporate Controller.
• Assisting with presentation of the monthly Management Reporting Pack to EXCO team during the monthly review calls.
• Responsibility for assisting in the preparation of local entity annual budget (SGA) and any re-forecasting exercises as required.
• Reconciliation of all general ledger accounts.
• Preparing and handling petty cash requirements for expenses.
• Preparing and sending cash reports on a daily basis.
• Bank Reconciliation of all banks to be reviewed weekly.
• Daily broker account postings.
• Monthly reconciliation of all broker accounts to broker statements.
• Review of booking of expense entries in the accounting software after getting requisite approval.
• Maintenance and control over the supplier reconciliations and ensuring timely remittance of vendor invoices and payments.
• Preparation of all supporting daily, weekly, monthly and annual supporting schedules and reconciliations.
• Preparation of ad-hoc financial reports as and when requested.
• Preparation of weekly forex exposure and working capital reports.
• Call-backs to verify vendor banking details.
• TDS monthly reconciliations and submissions.

Desired Experience & Qualification

• Functional Expertise: remain up to date in your area of specialty or expertise. Apply a body of knowledge and experience to current business situations in order to add value and improve business efficiencies and profitability. Apply technical or specialist expertise and experience for the benefit of the organisation and consider the context in which these are applied. Ensure that your functional expertise supports that of other experts, rather than being in competition with them (e.g. colleagues).
• Persuade or negotiate with others by relying on technical or specialist knowledge and experience. Present documented material or proposals in a credible and professional manner. Share the technical implications of a situation with non-specialists, or explain it to them.
• Interpersonal skills: The ideal candidate must be able to: Speak English clearly and confidently. Listen actively to fully understand the other person's view or perspective. Tailor feedback to the specific needs and communication styles of others. Prepare effective presentations and where required, concisely present / communicate a complete and accurate picture of the current situation or of the company's products and services. Develop and maintain two-way communication with a variety of people at different levels both within and outside the organisation. Suggest proposals to address vital concerns and important business issues. Build a network of relevant role-players both within and outside the organization.

Package & Remuneration

R41K (CTC)