15 Oct
Interdot
Johannesburg
The CFO will be responsible for the financial health of the company and its subsidiary . The CFO will also produce financial reports, direct investments activities, and develop strategies and plans for long-term financial goals of the organization.
Key Responsibilities
- Lead, develop and motivate staff to ensure high levels of performance.
- Develop finance policies and procedures to strengthen internal controls and legal and risk compliance.
- Develop, implement and maintain financial systems and processes.
- Perform continuous cash management and cash flow forecasting.
- Compile the annual and medium-term budgets and forecasts.
- Guide and monitor procurement processes to ensure cost effectiveness.
- Support the payroll processing by verifying ad-hoc payments and commission calculation, then ensuring timely payment.
- Manage Royalty and Vendor payments.
- Perform month End Processing and Reporting, including but not limited to:
- Verifying that all customer receipt allocations have been correctly done,
- Reconciling Pastel processing batches for both revenue and expenses, bank statement and invoices, respectively.
- Reviewing broadcaster invoicing to ensure the mathematical accuracy of the formula used for calculations, then updating the broadcaster invoice batch on Pastel.
- Audit revenue recognition.
- Review monthly financial reconciliations.
- Develop and report on management accounts.
- Co-ordinate the annual auditing process and the preparation of annual financial statements
- Report to the Finance and Distribution Committee, as sub-committee of the Board, as and when required.
- Manage the entity tax profiles, ensuring that:
- VAT and Income Tax returns are completed and submitted on time.
- PAYE submissions are done by the payroll service provider.
- Prepare SARB, STATSA, CIPC and other Statutory Returns.
REQUIREMENTS
- Relevant Post graduate accounting qualification with a recognised institution.
- Chartered Accountant registered with SAICA.
- Working experience in Pastel Accounting or related systems.
- 10+ years' experience in a management environment will be an advantage
- Attention to detail.
- Verbal and written communication including at Board level
- Above average customer service skills.
- Ability to work in a team and alone.
▶️ Group Chief Financial Officer Johannesburg
🖊️ Interdot
📍 Johannesburg