Financial Manager

March 10, 2024 ajiraforum JOB

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Remuneration:	negotiable
Location:	Cape Town, Westlake
Education level:	Degree
Type:	Permanent
Reference:	#FM
Company:	EDGE Education

Job description

The financial manager will be responsible for the full finance function and the financial health of the business including maximizing profits and eliminating financial waste associated with costings. The FM will produce financial reports and present to the Executive team. The FM will ensure all governance requirements are met as well as supervise the financial accountant. The FM will moderate salient clauses in customer and supplier contracts.

Key responsibilities:

Report to the executive committee and implement long-term financial strategies developed by the board to ensure the achievement of the business’ financial goals
Manage finance function and oversee the output of direct reports: financial accountant and/or bookkeeper
Prepare financial recons and monthly management accounts (monthly accounts and reconciliations; Presentation to directors and shareholder at a monthly executive meeting; Actual expenditure against forecast; Detailed sales analysis on daily and monthly basis)
Produce detailed monthly cash flow forecasts
Develop annual budgets in collaboration with the CEO
Calculate and implement the management of costings and pricings (Assist departmental managers with compiling accurate rate cards and project costings; Analyse production costs and prepare regular reports comparing projected to actual production costs)
Maintain and lead with SARS requirements, including submissions of payments and reports
Ensure compliance with all statutory requirements relating to financial control, financial management and accounting
Ensure appropriate external audit arrangements are in place and manage the audit process
Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-company accounts
Maintain the accounting software and the website regarding price changes
Ensure implementation and adherence to finance policies, procedures and systems across all teams
Oversee accurate and timely feedback from accounts department regarding the ordering process (SO’s& PO’s)
Maintain the accounting filing system so that documentation is readily accessible
Review and authorize monthly payroll reports and payments
Respond to escalated department queries and/or financial issues

Company Description

EDGE Education is a holistic education company championing quality academic EdTech solutions. We create tailor-made learning experiences for higher learning in a way that no one else can.

Requirements

Undergraduate qualification in accounting/finance/business administration
Post-graduate qualification
Two years’ experience in the role of FM
Two years of management experience
Excellent written, verbal and presentation skills with the ability to communicate effectively in a business environment
Project management skills
Proactive and self-motivated
Excellent leadership skills

Apply by email
Kim Cruickshank
[email protected]