At the Prepaid Company, we know that the growing demand for data, airtime and mobile commerce has created a world in which prepaid is by far the most favourable payment method. We are the leading distributor of prepaid products for all the major SA network operators, and we have trusted proprietary technology that guarantees purchasing efficiency and sound inventory control. We offer starter packs, physical airtime vouchers, virtual vouchers, bulk print solutions, prepaid electricity and international calling cards.<\/p>\n
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Job Title:Financial Manager<\/strong> Job Summary:<\/strong> Responsibilities:<\/strong> Internal Controls:<\/strong> Financial Management Support (Larger Co.):<\/strong>
\nLocation:<\/strong> Sandton, Gauteng, South Africa
\nReference #: <\/strong>2
\nContract Type:<\/strong> Permanent<\/p>\n
\nThe Financial Manager leads all day-to-day accounting operations, with functional responsibility for accounting, accounts payable, and reporting. Responsibilities also include production of financial reports; proper maintenance of accounting records; accurate processing of financial transactions and administration of a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company\u2019s reported financial results, and ensure that reported results comply with generally accepted accounting principles, and result in flawless audits. Supports financial decision-making information by collecting, processing, analyzing, investigating, and reporting financial data.<\/p>\n
\nFinancial Management:<\/strong>
\n\u2022Prepare accurate monthly financial and management reports, including income statement, balance sheet, budget and variance,
\nprojections and forecast and cash flow.
\n\u2022Analyzes complex financial data and extracts and define relevant information; interpret data for the purpose of determining past
\nfinancial performance and\/or to project financial probability
\n\u2022Manage, review and approve all payments in line with standard operating procedures.
\n\u2022Review and approve month-end closing procedures, including expense allocations, account and bank reconciliations, and updating
\nof related schedules.
\n\u2022Maintain an orderly accounting filing system.
\n\u2022Tracking and analysis of business performance in comparison to budget.
\n\u2022Preparation and submission of VAT and Income Tax.
\n\u2022Preparation of business models and due diligence as requested by Leadership.
\n\u2022Effective Management of the operational finances.<\/p>\n
\n\u2022Manage audit requirements and remediate findings.
\n\u2022Design and Implement controls and procedures particularly on receivables, payables, fixed assets, etc.
\n\u2022Work with Senior Management and Group Risk to implement recommendations for improvement of financial management
\nsystems.
\n\u2022Continuous review of the relevant accounting systems to ensure more efficient and effective reporting.
\n\u2022Review of daily supplier payments to ensure all company approval policies and
\n\u2022SARS requirements are adhered to.
\n\u2022Effective Management of the operational finance department by establishing and maintaining financial mechanisms that reduces
\nor mitigate financial risk.<\/p>\n
\n\u2022Review of business unit to ensure revenue is complete and accurate and all related expenses are accurately correctly classified.
\n\u2022Review and analysis of divisional performance against budgeted and producing reports.
\n\u2022Review and approval of all supplier payments through sign of on expense payment packs and reconciliations.
\n\u2022Review bank reconciliations.
\n\u2022Prepare and manage budget workbooks.
\n\u2022Preparation of tax calculations.
\n\u2022Reducing of operating cost where possible by seeking new and renegotiating existing contracts.
\n\u2022Reviewing of expenses and identifying opportunities for cost-saving.
\n\u2022Review of suppliers and debtors ageing to ensure trade taking place within limits.<\/p>\n