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Financial Manager needed at National Bioproducts Institute

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Job title : Financial Manager

Job Location : KwaZulu-Natal, Pinetown

Deadline : September 14, 2024

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Minimum Requirements

  • CA(SA)
  • At least 3 years’ experience as a Financial Manager
  • At least 3 years’ experience managing and leading a team
  • MS Office (Excel Advanced, Word, PowerPoint, Outlook)
  • SAP experience preferred but not essential.

Duties & Responsibilities

Financial Control and accounting

  • Ensure that the financial accounting of NBI complies with IFRS;
  • Monitor changes to accounting standards to ensure continued compliance
  • Ensure annual financial statements are prepared;
  • Ensure monthly, quarterly and annual statistical data is compiled and reported to Statistics SA in stipulated timeframe
  • Review general ledger reconciliations for accounts under your control

Financial Reporting and budget

  • Ensure monthly preparation and publication of management accounts to EXCO.
  • Ensure that the quarterly reports are prepared and submitted within stipulated timeline
  • Annual budget preparation with full set of financial statements (statement of income and expenditures, statement of financial position, statement of cash flows)

Accounts Payable

  • Review of creditor reconciliations
  • Authorisation of electronic payments

Fixed Assets

  • Manage the preparation of annual capital expenditure budgets and review of reports for capital expenditure
  • Review of Fixed Asset Register and reconciliation of assets
  • Review capital expenditure requests
  • Provide assistance to the business in evaluating capital acquisitions
  • Attend tender adjudication meetings for CAPEX acquisitions

Accounts receivable

  • Manage collection of debtors’ payments and arrear accounts
  • Monitor and recommend changes to customer credit limits
  • Assist in resolving customer queries where needed
  • Review all outstanding customer accounts and confirm the collectability

Taxation

  • Prepare and submit annual tax return
  • Review the monthly VAT returns ensuring that all payments are calculated and submitted and paid within the respective timelines

People Management

  • Ensuring the effective management of the department/team by actively contributing to and supporting NBI’s people management agenda, including leave, overtime and resource management, management of misconduct with NBI’s HR framework, promoting employee engagement, etc.
  • Setting both departmental and individual objectives in order to meet NBI’s strategic objectives, in the form of individual performance plans.
  • Evaluates and manages employee performance and implement corrective or remedial actions as required.
  • Identifying, supporting and implementing learning and development needs in collaboration with People Management.
  • Providing developmental, coaching and job enrichment opportunities to maximize employees’ potential.
  • Support transformation, the execution and achievement of NBI’s EE plan, diversity and inclusion within their respective departments.

General

  • Attend to ad hoc tasks as assigned by the Financial Director
  • Develop financial reporting tools to assist with amongst others management accounts, product costing, profit analysis, new business assessment and capital expenditure.
  • Manage the online banking profile and provide first level support to the enrolled online banking employees and managers

Core Competencies

  • Managing Relationships
  • Personal Leadership
  • Business Impact
  • Leading and Influencing Others
  • Performance Management
  • Integrity
  • Selflessness
  • Adaptable
  • Business Acumen
  • Strategic Intent and control

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • Accounting / Financial Services  jobs
  • This job has expired!