FARMOVS Careers
We are currently accepting applications for:
Job Title: Financial Manager
Closing Date: 31 March 2023
Job Purpose:
- Provide input to the development of corporate strategy and develop the finance strategy in line with the company vision, mission, and business strategies and AHG guidelines. Participates as an integral member in the strategic planning process by providing objective and analytical insights on the financial impact and soundness of business decisions to the executive leadership. Identify and implement cost improvement and cost efficiency actions. Participates in the development of the LT strategy plan for the company.
- Directs and oversees the preparation of the company financial reports and statements (according to accounting standards), including income statements, balance sheets, reports to internal and external stakeholders, and reports for government regulatory agencies, external/internal auditors.
- Oversees and approves the accuracy of financial statements and monthly financial group reporting before submitting to the CEO, AHG & Board Committee.
- Oversees preparation and generation of any ad hoc / special reports requested by the CEO, AHG & Board Committee.
- Manage statutory reporting and related submissions.
- Lead the development of the Financial Forecast, sustainability, and forward planning activities.
- Lead and manage the daily cash flow forecasts and actual reporting process.
- Directs the company annual budget planning process in line with the AHG budgeting guidelines, consolidates departments, and defends final annual budget plan to the CEO & Board Committee for review and approval. Oversees and controls the company annual budget execution and utilization.
- Oversees auditing process of the company by external auditors. Presents final audit report to the CEO, AHG & Board Committee with observations and recommendations. Establishes and manages effective relations with potential investors, banks, auditors, to ensure that the appropriate levels of services are obtained to the best advantage of the company meeting all obligations.
- Lead and direct the continuous review and improvement of the Finance function practices considering international standards and changes in the business environment.
- Ensure the effective achievement of Finance functional objectives through the leadership of the division – setting individual objectives, managing performance, developing, and motivating staff, provision of formal and informal feedback and appraisal to maximize subordinate and departmental performance.
- Leads the implementation of a financial management information system and collaborates with the IT Department to acquire requisite business support systems for finance. Ensures that the global best practices in technology and financial systems are institutionalized.
Skills required:
- Leadership skills and strategic vision.
- Technical knowledge.
- Strong work ethic.
- Risk management.
- Thorough understanding of International Financial Reporting Standards (IFRS).
- Analytical thinker with strong conceptual and problem-solving skills.
- Meticulous attention to detail with superb organizational skills.
- Ability to work under pressure and meet tight deadlines.
- Ability to lead a team.
- Excellent report-writing and communication skills.
- Solid proficiency in Microsoft Office, applicable financial reporting systems, and other financial planning software.
- Microsoft Excel power user
Knowledge and Experience:
- 10 years post Articles management experience.
Education:
- B.Com Acc Honors/ Certificate in Theory of Accounting
- B Degree in Finance
- CA (SA) advantageous
All applications to be forwarded to careers@farmovs.com
Job Title: Senior Accountant
Closing Date: 31 March 2023
Job Purpose:
The Senior Accountant records daily transactions, upholds business records, transactions, documentation accurately; is involved in day-to-day operations to support the business; finance function. Is in charge of reconciling the expenditures and incomes; and ensuring a smooth financial function of the business on-ground. Collects outstanding balances, ensures timely maintenance of debtors’ module and communication with debtors for collection and sends out statements on monthly basis to debtors. Prepares supplier reconciliations and make payments to suppliers timeously. Monitors adequate credit limits and has control of accounts for purchases.
Prepares debtors and creditors age analysis. Takes responsibility for assigned accounts: processes creditor and debtor payments.
Prepares pro forma invoices and verifies payments for those invoices. Prepares and loads payments on the bank for authorization.
Reconciles bank statements and bank reconciliations daily or weekly, back to statement and control accounts. Is responsible for VAT payments and filing of returns, preparation of VAT reconciliations, submission of VAT reconciliation in monthly management pack. Maintains or builds good communication and relationships with customers, suppliers, vendors and banks (both in verbal and written form). Keeps track and records company assets.
Assisting with annual audit preparations. Investigating and resolving audit findings, account discrepancies, and issues of non-compliance. Takes responsibility for financial reporting and prepares financial reports for month end. Extracts month end report from Sage to Excel; processes new applications. Arranges payments and monitors incoming funds; ensures the accuracy of month end reporting by processing of accruals, provisions etc. Prepares month end reconciliations using the Group approved reconciliation template for all balance sheet accounts. Prepares management accounts for the Group review. Maintains the accuracy of month end reporting by processing of accruals, provisions etc. Supervises the accuracy and completeness of statutory returns (PAYE, SS). Ensures the correct journal entry into the accounting system once the payroll is duly approved. Oversees the reconciliation of payroll control accounts is done at each month end. Ensures the company complies with any additional laws and regulations applicable. Focus on tax compliance (Preparing tax returns and ensuring compliance with legislation and SARS regulations.
Skills required:
- Attention to Detail: Diligently attends to details and pursues quality in accomplishing tasks.
- Analysis/Reasoning: Examines data to grasp issues, draw conclusions, and solve problems.
- Accountability & Dependability: Takes personal responsibility for the quality and timeliness of work and achieves results with little oversight.
- Foster open communication: Creates an atmosphere in which timely and high quality information flows smoothly between self and others; encourages the open expression of ideas and opinions.
- Leadership competencies (if a leadership role): – Motivate others: Encourages and empowers others to achieve; creates enthusiasm, a feeling of investment, and a desire to excel. – Team Leadership: Promotes organizational mission and goals and shows the way to achieve them.
- Organizational Competencies (culture fit): Demonstrate versatility, grasp and learn new concepts, developments and technologies quickly and implement and mentor subordinates. Adapt into a culturally diverse work environment. Possess honesty, integrity, passion for the work, compassion
- Technical Competencies/Professional expertise: Financial Accountability: Follows financial guidelines, regulations, principles, and standards when committing fiscal resources or processing financial transactions. Develop Systems and Processes: Identifies and implements effective processes and procedures for accomplishing work. Business Alignment: Aligns the direction, products, services, and performance of a business line with the rest of the organization.
Knowledge and Experience:
- 2 years’ work experience at a senior position plus 5 years’ experience as an Accountant.
- Progressive working knowledge of Excel and SAGE.
- Previous experience in an international corporate environment is an added advantage.
- Thorough understanding of IFRS and taxation legislation.
Education:
- Degree in Finance, Accounting