Senior Financial Manager

Isisekelo Recruitment; KwaZulu-Natal; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading recruitment firm is seeking a capable financial manager to oversee financial systems and lead a team. The role involves ensuring data integrity, compliance with tax regulations, and managing payroll. Ideal candidates will have strong financial expertise and leadership skills, with a preference for chartered accountants or those with relevant experience in financial management.

Qualifications

• Proven experience in financial management, preferably in the construction industry.
• Strong understanding of tax regulations and compliance requirements.

Responsibilities

• Direct management of a financial team of four individuals.
• Ensure compliance with tax regulations and manage payroll oversight.
• Draft annual financial statements and prepare monthly management accounts.

Skills

Leadership

Financial Management

Communication

Business Acumen

Education

Bachelor's degree in Accounting

Chartered Accountant (CA)

Tools

Financial Software

Job description

Position Overview : We are seeking a highly capable individual to oversee all financial systems and manage the financial team.

The role requires leadership skills, financial expertise, and the ability to manage multiple tasks efficiently.

The successful candidate will report directly to the directors and will be responsible for ensuring the accuracy and integrity of financial data, compliance with tax regulations, payroll oversight, and various other financial and administrative tasks.

While a chartered accountant qualification is preferred, candidates with extensive relevant experience and strong business acumen will also be considered.

Key Responsibilities :

1. Financial Team Management : Direct management of a team of four individuals, including one cashbook & ledger clerk, two creditor clerks, and one HR administrator. Provide guidance, support, and mentorship to ensure professional development and performance excellence.
2. Contract Schedule Reporting : Prepare and present comprehensive contract schedule reports to the directors, including analysis of contract provisions and financial implications.
3. Banking and Treasury Management : Review banking facilities regularly, manage treasury functions to optimize cash flow and liquidity. Collaborate with the administrator to manage online banking activities and ensure secure transactions.
4. General Ledger Integrity : Oversee the maintenance of the general ledger to ensure accuracy and integrity of financial data.
5. Tax Compliance : Ensure compliance with tax regulations, including PAYE, VAT, and income tax. Handle all tax-related tasks, including VAT and EMP returns, annual tax calculations, and interactions with tax authorities.
6. Payroll Oversight : Supervise the entire payroll process, conduct monthly reviews, and issue necessary documents such as IRP5s, EMPs, and tax directives. Manage medical aid and provident fund administration.
7. Statutory Requirements : Attend to annual WCA / FEMA declarations, maintain staff records, liaise with auditors, and ensure compliance with statutory requirements like CIPC and Stats SA.
8. Insurance and BEE Compliance : Oversee annual insurance reviews, assist with BEE audits, and liaise with auditors as needed.
9. Financial Reporting : Draft annual financial statements and prepare monthly management accounts.
10. Legal and Contractual Matters : Manage legal matters such as credit applications, interactions with credit bureaus, and contract drafting. Provide ad hoc legal and business advice, ensuring compliance with the Companies Act.
11. IT Support : Provide input on IT matters where required.
12. Director Support : Support directors on legal, business, valuation, and other relevant matters as they arise.

Qualifications and Experience :

• Bachelor's degree in Accounting, Finance, or related field.
• Chartered Accountant (CA) qualification is preferred but not essential.
• Proven experience in financial management, preferably in the construction or related industry.
• Strong understanding of tax regulations and compliance requirements.
• Experience managing payroll and statutory reporting.
• Excellent leadership and communication skills.
• Proficiency in financial software and IT systems.
• Ability to work effectively in a fast-paced environment.
• Sound business acumen and strategic financial guidance skills.
• Familiarity with legal and contractual matters is advantageous.
• Experience in the Construction Industry would be advantageous.

Package & Remuneration :

R .00 to R .00