About the GAC Group
Since our beginnings in 1956, the GAC Group has been in business to help our customers businesses by providing the best in shipping, logistics and marine services around the world. And we have the reach, resources, expertise and experience to deliver on that promise.
Our people work hard to deliver excellence in everything we do. We are always on the look-out for professionals with qualities that match the GAC corporate philosophy. If you fit the bill, well welcome you to a work environment that values experience, innovation, dedication and mutual respect, guided by the GAC Spirit which emphasizes loyalty and responsibility between management and staff and two-way responsibility. The GAC Group is an equal opportunity employer.
About GAC Shipping (SA) (Pty) Ltd
GAC has been an established ships agent and provider of related services in South Africa since 1998. GAC South Africa is part of the global GAC Group.
GAC Shipping SA is looking for candidates for the role of Financial Manager to be based at our head office in Cape Town. Could it be you?
Job Description
Financial and Management Reporting
Direct report to Managing Director on financial matters.
Review of monthly financial statements, management reports and cash flow
Ensure timely and accurate delivery of financial reports, perform financial analysis and meet
corporate compliance with respect to legal, statutory, operational accounting policies and requirements.
Budgetary planning and control
Preparation of financial information for Board of Directors meeting.
Ensure Compliance With Accounting Standards And Other Regulatory Requirements.
Develop, seek approval and implement accounting standards, procedures and practices.
Monthly cash flow reports
Control cash flow to ensure that company has sufficient funds
Work in progress job recons
Ensuring that jobs are invoiced in the required lead days
Reconciliation of all balance sheet accounts
Monthly preparation of accruals and provisions
Jointly authorising bank payments
Check creditors recons before payment
Check petty cash balances and authorise reimbursements
Interim audit and year-end audit
Preparation of Group consol pack and communicate with auditors to check and sign off once a year, submitting before the deadline
Prepare and submit financial statements before deadline
Quarterly consol pack for Group reporting
Liaison with financial institutions/Insurance providers and other service providers
Maintain company records and fixed asset register
Responsible for ensuring that the Authorisation Matrix is up-to-date and signed by the Company Manager
Annual WCA submission
Calculation of monthly leave accrual
Managing day to day operations
Managing daily financial and accounting matters
Lead the Finance Department
Review daily and monthly cash flow reports
Provide ongoing support and training to drive improvements and staff development
Handle ad hoc responsibilities
Manage bank facilities, signatories, authorization limits, and compliance matters
Internal Control
Development and implementation of internal control process and procedure documentation
Taxation matters
Tax planning & computation of companys tax matters
Compliance work for VAT and corporate tax return, verify computation of tax provision
Liaise with tax agent, SARS and relevant government department on various corporate taxation matters
Treasury matters
Ensure effective Treasury and Cash Flow management.
Foreign exchange experience is a must
Exchanging foreign currency to local currency
HR
Maintenance and updating of GHS confidential employee files and databases
Assist in recruitment and onboarding and exit formalities
HR Manual, policies and procedures
Accountable for updating staff records
Processing staff salaries
Accountable for office & staff insurances
Arranging travel insurance for foreign travel
Job Requirements
Job Requirements
Minimum Of At Least 5-10 Years Experience
Minimum of bachelors degree
Affiliation to a professional body is preferred but not a requirement
In depth knowledge of Forex
Above average knowledge of Excel and other Microsoft programs
Prior experience of working on any ERP systems
Prior experience of managing a team of staff
Above average communication skills (written and verbal)
Good people skills
Organisational skills (able to multi-task and prioritise)
Good understanding of budget, profits & losses
Management reporting and decision-making skills
Ability to work under pressure and long hours when needed
As a GAC colleague you will
- Become part of the GAC global community. We are proud of our company culture which values all employees and recognises that there is more to them than their job title.
- Join a multinational organisation in a dynamic working environment.
- Face challenges to help both you and our organisation grow.
- Join us on our journey to a more sustainable future.
