Chief Accounting Officer

Solugrowth (Pty) Ltd.; Gauteng; On-site; ZAR 80 000 - 150 000; Full time

Job summary

An established industry player is seeking a Chief Accounting Officer to lead its finance operations within the automotive sector. This pivotal role involves overseeing all accounting functions, ensuring compliance with IFRS, and managing the financial reporting process. The ideal candidate will have a strong background in financial management, a knack for team leadership, and the ability to provide strategic recommendations to senior leadership. Join this dynamic team and play a crucial role in shaping the financial landscape of a thriving organization, while enjoying a collaborative work environment and opportunities for professional growth.

Qualifications

• Proven experience in financial management and accounting leadership.
• Strong knowledge of IFRS and tax regulations in South Africa.

Responsibilities

• Lead day-to-day finance operations and supervise the accounting team.
• Ensure compliance with financial regulations and oversee audits.

Skills

Financial Reporting

IFRS Compliance

Budget Management

Tax Compliance

Team Leadership

Education

Bachelor's Degree in Accounting

CA(SA) or equivalent

Tools

Accounting Software

Financial Management Systems

Job description

We are excited to share a fantastic opportunity for a Chief Accounting Officer at our client in the automotive industry.

Purpose of Position

The Head of Accounting will lead all day-to-day finance operations and supervise a team of staff members, including functional responsibility over accounting, accounts payable, and financial reporting.

The Head of Accounting will ensure that the company has the systems and procedures in place to support effective program implementation and conduct flawless audits.

Key Duties and Responsibilities

1. Oversee and lead the Accounting Section, monthly reporting, annual audit, and planning process; coordinate the overall external audit activity; administer and review all financial plans and processes.
2. Provide input to the budget process, ensuring all reporting systems reflect the approved actual, budget, and forecast information; monitor progress and changes; keep senior leadership informed of the organization’s financial status.
3. Oversee all accounts, ledgers, and reporting systems to ensure compliance with IFRS, regulatory requirements, office management, budget, and audit standards. Lead financial projects and system changes.
4. Manage the Accounts Payable team (Procure to Pay), ensure timely payments to suppliers, monitor aging reports, and collaborate with stakeholders and Treasury on cash flow planning.
5. Lead financial project implementation and establish finance and administrative systems to support operations.
6. Mentor, develop, and direct the Accounting team, managing work allocation, training, performance evaluation, and team building.
7. Manage the company’s tax portfolio, ensuring compliance with VAT, Corporate Income Tax, Transfer Pricing, Custom Duties, and other relevant regulations.
8. Oversee the preparation of Annual Financial Statements for the company in South Africa and its subsidiaries.
9. Develop tools and systems to provide critical financial and operational information to the CFO, offering actionable recommendations on strategy and operations.
10. Monitor and enforce compliance with Group Policies and maintain good relationships with regional offices as the company liaison.