Responsibilities:
- Study and understand business trends; Discuss & obtain inputs from key business heads w.r.t future market outlook;
- Assess projected profitability; Formulate appropriate strategies for operational financial management; Recommend and implement suitable actions;
- Obtain and review monthly accounts & schedules;
- Review annual budgets; Monitor budget variances; Report variances to HOD's;
- Obtain feedback / justifications on negative variances;
- Approve deviations in specific cases;
- Approve vendor/supplier advances in order to facilitate smooth financial operations through effective management.
- Monitor key accounting parameters (profits per division & company, cash flow, overdue debtors, overdue insurance claims);
- Check and verify compliance of accounting standards;
- Liaise with external auditors;
- Facilitate smooth conduct of audit;
- Clarify auditor's concerns with respect to accounting entries; Modify accounts accordingly;
- Guide the team in preparing annual accounts in line with IFRS in order to put in place suitable accounting and auditing mechanisms.
Chartered Accountant with 10 of Experience
Vehicle Lease / Rental Industry Experience is MUST