Financial Manager

  • Full Time
  • Cape Town, South Africa

Globevest Placements (Pty) Ltd.

Description

My client, and NGO, is seeking a Financial Manager.  The successful candidate will be responsible for the full financial function, from capturing, compiling, review and submission of Financial Reports with support of the Executive Director and Financial Administrator.  In addition, the successful candidate will be responsible for the oversight and management of accounts and budgets.  the role is a contracted role and dependent on funding.

Minimum Requirements:
Accounting degree or diploma
5 Years working experience in Financial Accounting
Ability to do financial reconciliations
Experience in running multiple projects (not negotiable)
Knowledge of FNB Banking Business Package (not negotiable)
NGO Experience (not negotiable)
Pastel Accounting
Excellent Excel skills including reporting dashboards

Responsibilities:

Financial Management and Accounting:

General project bookkeeping including cashbook and processing of journals
Ensure preparation and review of bank reconciliations
Preparation and submission on monthly, quarterly and annual financial reports to funders and board
Creating new and innovative ways of reporting as well as finance-related processes
Reconcile accounts and process; correcting journal entries
Ensure accuracy and completeness of project revenue and expenses
Ad-hoc invoicing for partners for services rendered
Supervise account management of all creditors
Review petty-cash transactions
Review project expenses and income
Provide oversight and compliance on debit cards, staff debtors and expense claims
Ensures that the finance team meet all month-end deadlines
Ensures accurate financial capturing and reporting of all sub recipient expenses
Review and authorize creditor and staff payments and transfers
Liaise with creditors and funder finance department
Prepare ad hoc reports, reconciliations and analysis is required
Compile analysis of accounts on a monthly basis
Monthly review of trial balance
Monthly review of age analysis

Audit and Compliance

Assist with the preparation of execution of all audits (funder and statutory audits)
Prepare schedules and make payment of Employees Tax and UIF and reconcile payroll related control accounts
Accurately account for VAT and SARS returns as well as VAT general ledger reconciliations

Cash Flow Management

Assists with cash-flow management by ensuring regular drawdowns are done
Monitor bank balances for sufficient cash in order to make transfers and payments
Ensure loan account and inter-account transfers are done

Reporting and Budgeting

Prepare and review budgets for specific funders for the organization, as required
Ensure the quality of financial reporting by implementing review processes for validity, accuracy and completeness

Administration

Responsible for ensuring retention of manual and electronic records
Maintain SOP’s and Policies and ensure documentation is kept up to date