Financial Manager needed at National Bioproducts Institute
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
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