The main purpose: To ensure the effective and efficient day-to-day functioning of the creditors function and support the financial manager in managing the Financial Department.
Ensures compliance to the MFMA, related legislation and company policy.
Reporting to the: Financial ManagerKey responsibilities will include but are not limited to:1.
Creditors/Accounts PayableReviews and approves supplier reconciliations- Anomalies identified and resolved- Validation of reconciliation items - Reconciliation supported by relevant documentation- Compliance to accounting policies and proceduresSupervises the accounts payable function- Compliance to company policy and regulatory frameworks- Creditors' reconciliations reviewed- Payments approved within approval levelsCompiles management reports relating to the accounts payable function- Reports meet management requirements- Supplier Age AnalysisMonitors and analyses specific cost centre expenditure- Variances per cost centre and per event highlightedReviews credit card reconciliations and expense claims- Expenses valid and correctly coded2.
Debtors/Accounts ReceivableReview debtors refund reconciliations- To ensure that there are no credit balances- Compliance to accounting policies and procedures3.
Cash ManagementValidates all petty cash balances received- Petty cash account reconciledIssues cash floats to different department- Parking and cash floats for other departments requested, issued and controlledAssists in accurate cash flow planning- Ensures that sufficient funds are available for daily business obligations – Financial obligations are met4.
ComplianceImplements and maintains internal control systems and business practices- Compliance to all statutory requirements assured- Changes in business practices/processes assessed for compliance to standards including IFRS and GRAPEnsures that records to meet legal and tax requirements are maintained- Regulatory complianceMonitors and reviews accounting and related systems for accuracy and completeness- Proactive identification of potential riskManages the application of accounting policies and Standards- Uniform compliance to approved accounting policies- Corrective action taken on non-complianceImplements policy directives and formulates procedures for approval- Policy directives implemented timeously- Standard operating procedures and guidelines developed and implementedMaintains a sound internal control environment- Compliance with all statutory rules and regulationsPrepares and calculates monthly VAT returns- VAT 201 duly authorised and submitted timeouslyCompletes audit work papers- Supports Financial Manager in completion of audit papers5.
Cash BookOversee input of daily cash book entriesReconciliation of all daily cash balances6.
Payroll AdministrationResponsible for capturing payroll data input and ensuring that accurate reporting of payroll balances is maintained 7.
Fixed Asset ManagementOversee that accurate fixed asset management data input is maintainedReviews the reconciliation of the Fixed Asset Register to the general ledgerReviews and approves monthly depreciation run journalReview and approve journal entries for additions, disposals and transfers ensuring accuracy and quality8.
Inventory ManagementOversee the inventory lifecycle for compliance to accounting policies and proceduresOversee the inventory process for midmonth and month end i.e.
stock count, goods receipting, issuing, posting and checking of stock captureReviews and approves inventory transactions journal entriesReviews and approves the General Ledger reconciliations and ensures that all variances are supported by relevant documentation9.
Monthly ClosePrepares and captures all monthly accruals, reversals, general, pre-payments and recurring journals - Accurate updating of general ledgerPrepares GL reconciliations- General ledger accounts reconciledEnsures that the control accounts agree to sub-modules- Control accounts agree10.
People ManagementTeam supervisory performance- Competency development plans in place for all employees- Optimal individual and team performance- Performance reviewed in line with policy guidelines- Agreed performance agreement in place and contain agreed goals, targets and are aligned to the job profile- Performance and company valuesTrains, mentors and coaches team- Realisation of individual employee's highest potential- Effective transfer of skills and knowledgeMinimum Qualifications and Experience: B. Com degree (NQF Level 7) with a major in Accounting, Management Accounting or Finance5 to 7 years relevant experienceAt least 3 years Team Leader or Supervisory experience Experience in managing the creditors department – function and people essentialSkills and attributesInnovative thinkerConflict handlingTime management Hands on – PragmaticQuality drivenDecision makerInspiring personalityWell groomedAbility to spot and resolve problems efficientlyExcellent communication and leadership skillsDelegation skillsPlanning and organisingProfessionalismAttention to detailAble to work in a teamService ExcellenceKindly apply for this position through our applicant tracking system: https://cticc.recruitee.com/ before 17h00 on the 10th October 2024 by completing the Employment Application Form and submitting your highest qualifications, CV and your e-vaccination certificate.
Only shortlisted candidates and complete applications will be considered.
The CTICC reserves the right to close this advert at any given time.The CTICC has adopted a Mandatory COVID-19 Vaccination Policy.The CTICC is committed to Employment Equity and particularly welcomes applications from suitably qualified Historically Disadvantaged Individuals (HDI's).
Remuneration will be discussed with the successful candidate.
Should you not hear from CTICC within 30 days consider your application unsuccessful.For more information on the Cape Town International Convention Centre please visit: www.cticc.co.za
