Assistant Financial Controller - Cape Town

SUMMARY:
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POSITION INFO:

Introduction

To be based at Head Office(Tokai), the Assistant Financial Controller will be responsible for assisting the Finance Executive with ensuring professional financial activities within the Company.

Duties & Responsibilities

1. Cash Flow Management

• Review and allocate daily cashbook transactions to the Cashflow file.
• Assist in preparing and reviewing a monthly master file, tracking changes and analyzing variances in cashflow projections.
• Generate and review weekly cashflow tracking reports for the Financial Executive.
• Follow up on outstanding customer payments and ensure timely collections.
• Collaborate with the Accounts Payable Team to develop cashflow projection files, optimizing the overall cashflow process.

2. Subsidiary Ledger Processing

• Manage invoicing for ad-hoc and internal stock orders.
• Distribute debtor statements, issue ESD credits, and manage debt collection.
• Execute day-end processes, including journal entries and resolving batch errors.
• Process and update exchange rates, conduct monthly AR & AP revaluations.

3. Monthly Financial Operations

• Assist in calculating VAT and preparing relevant documentation for submission to SARS.
• Support the completion of annual SARB approvals.
• Help manage insurance reviews and maintain records of vehicles and other assets.
• Obtain and manage fleet reports (Avis, WesBank, Cartrack) to recover shared costs.
• Manage corporate credit cards, including reconciliation for international travel and handling cardholder requests.
• Oversee cell phone transactions.
• Review and process payments, especially for foreign vendors, and provide feedback on any discrepancies.
• Assist with reconciling balance sheet control accounts.
• Enhance the efficiency of travel and entertainment bookings, processing, and analysis.
• Maintain motor vehicle journals.

4. Audit Preparation

• Prepare necessary financial documentation for internal, external, and BBBEE audits.
• Act as the primary liaison for auditors, ensuring accurate and timely information is provided.

5. Stock Pricing Updates

• Provide ongoing updates regarding stock pricing.

6. Budgeting and Reporting

• Contribute to the preparation of annual SGA budgets when required.
• Monitor and analyze monthly spend versus budget across different regions.

7. Leadership and Collaboration

• Serve as a bridge between the Accounts Payable and Financial Accounting teams, fostering collaboration and business partnerships.

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Desired Experience & Qualification

• A relevant degree is essential, with SAIPA /CIMA/CA
• Proven experience as a Financial Controller.
• 8+ years of combined experience in accounting and finance, with a preference for candidates with experience in the liquor or FMCG industries.
• Strong understanding of accounting principles and financial procedures.
• High attention to detail with excellent communication skills.
• Strong interpersonal skills and the ability to think creatively and strategically.
• A team player who can also work independently, with initiative.
• Willingness to work extended hours when necessary.

Package & Remuneration

800k-1 Mil p/a