Assistant Financial Manager (CA (SA))

Johannesburg, Gauteng
R60,000-66,666 per year
Permanent
Full-time

16 days ago

Job Overview-Financial reporting and governance of aspects of South African and Mozambican Subsidiaries and the Commercial Office entity with its branches. This includes:

Oversight of preparation of monthly management accounts of subsidiaries
Oversight of preparation of Quarterly returns for Stats SA
Interaction with auditors
Preparation of Annual Financial Statements
Annual budget preparation
Oversight of taxation matters, including income tax, provisional tax, VAT, etc.
Accounting for projects relating to subsidiaries
Creditors management
Insurance for subsidiaries
Reporting results into Group reporting software (Tagetik)

-Support the Group Financial Manager in execution of all areas of Group FM role.-Support the Group Financial Manager and Treasury Specialist in managing the administration of the collection of payments for passenger bookings for +-150 000 passengers (R800m - R900m). This includes:

Interaction with bankers
Receipting cash
Cancelling under paid bookings
Refunding over payments
Flights & Hotels
Reconciliations relating to these processes
Formalise, improve and enhance related processes.

-Ad hoc projects and business enhancements.-Responsible for managing a department of 5 to 6 staff to achieve the department's goals:

2-3 treasury clerks
3 accountants

-Assist with any ad hoc tasks required by managerial staff.Job ResponsibilitiesSubsidiaries and Commercial Office:1. Oversee preparation of monthly management accounts for subsidiaries.

Oversee accountants' preparation for monthly management accounts.
Prepare related group reporting information.
Prepare monthly internal financial reports.

2. Completion of financial audit.3. Completion of BEE audits.4. Preparation of Annual Financial Statements.5. Annual budget preparation.6. Preparation of tax returns including:

Income tax
PAYE
VAT

7. Updating insurance requirements for the subsidiaries.Accounting for new projects including new infrastructure projects.Support Treasury function:1. Formalise, improve and enhance business processes impacting on Treasury.

Process redesign as required
Documentation of existing and new treasury processes

2. Oversee:

Receipting (error/query follow up)
Walk in receipting oversee (cash collection and storage)
Correspond with Treasury in Geneva relating to month end Reconciliation Direct transfers and cash
Correspondence relating to Credit card reconciliations monthly
Oversee Transfers (ensure procedures are followed)

3. Reconciliations oversight:

Reconciliations relating to Corporate arrangements
Float account management

4. Oversee refund process:

DTS refunds
Bad debt refunds

5. Datatrans management (credit card payment system)6. Cancellations management

Cancellations report create
Tracking of Bookings within 65 and 45 days respectively
Follow up on payments
Cancellations process

7. Oversee cancellations chasers8. Oversee manifest Cancellations on Manifest day (clean up underpaid bookings on manifest day)9. Liaise with important high value travel10. Oversee hotels, transfers, shuttles and insurance reconciliations and payments.

Hotels reconciliation monthly, correspondence with hotels to acquire invoices
Transfers and shuttles reconciliation monthly
Insurance reconciliation monthly check and send to Geneva

11. Detailed booking investigations

Booking events analysis
Fraud investigations
Dispute investigations
Irregularities investigations
Amendments post cruise date
Groups related queries (GRX REPORT)

12. Banking investigations

Iveri Back office system
Datatrans platform
MRSS report and bank statement
Bank reconciliations

13. Data Provision:

Any booking funds related reports (BKINVPA/BI itemised billing)
Comparative figure reports for any managers on request

14. Any process or system complications follow up with Geneva/ Naples

IT queries raised by Ticketing
Treasury system failures (receipting file errors, Refund que errors, DTS to External systems comms delayed / not working)

15. Assist with any ad hoc tasks required from Managerial staff.

Isilumko Staffing

Apply Now