Accounting Operations Manager

Yoco's job vacancy, Career and Recruitment Job title : Accounting Operations Manager jobs in Western Cape Job Location : Western Cape, Cape Town Deadline : June 20, 2024 Quick Recommended Links

About the role

The Accounting Ops Manager will oversee the daily operations of the accounting department, managing Accounts Payable, Accounts Receivable, Fixed Assets and Inventory. You will monitor and enhance the ERP control environment, general ledger and financial reporting cycle. This role is crucial for creating accurate and timely financial information and ensuring strict adherence to accounting principles, procedures, and legislation. The Accounting Manager will work alongside the Group Reporting Specialist, the FP&A Lead and the Revenue Assurance Manager, ensuring compliance with accounting standards, tax regulations, budgeting and internal controls ensuring the integrity of the financial records.

What you will be doing

• Manage the daily operations of the Accounting team, ensuring accurate and timely processing of transactions in Accounts Payable, Accounts Receivable, Inventory and Fixed Assets. This would include ensuring that the necessary banking procedures for payments and collections are followed while maintaining strict controls over banking platforms.
• Manage monthly, quarterly and annual reporting cycles in an ERP environment (Oracle NetSuite). This includes transaction processing, reconciliations, analysis, and commentary, which are required to present financial statements. Maintain detailed documentation of the reporting process, including supporting schedules and explanations for significant transactions or adjustments. Ensure the closing process is well-documented and transparent, providing a clear audit trail for internal and external auditors.
• Manage team performance, skills development, succession, talent management and culture to foster a high-performing and efficient work environment.
• Provide input into the ongoing development and execution of accounting policies and procedures through coordination and collaboration with Group Reporting and Revenue Assurance.
• Provide the necessary information for tax, audit, and other external reporting.
• Work closely with the FP&A Lead and Treasury Manager to provide input for budgeting, forecasting, financial analysis and cash flow decisions.
• Work closely with the Legal, Risk, and IT teams to strictly follow procedures around purchasing, vendor onboarding, contract management, and renewals.
• Provide insights through financial reports and recommendations to align better reporting to budgeting, support cost-reduction initiatives and optimise resource allocation.
• Ensure strict adherence to established accounting policies, principles and procedures and recommend improvements where necessary.
• Monitor and analyse accounting data, ensuring the accuracy and integrity of the organisation's financial records.

About you

• Proven experience as an Accounting Manager in a financial department, in a tech company would be advantageous.
• 3+ years of current team management experience is essential.
• Professional accounting certifications are essential (CIPA, CIMA, SAIPA, SAICA etc)
• Strong proficiency in leveraging automation tools and technologies to streamline processes and improve efficiency.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organisation.
  In-depth knowledge of bookkeeping and accounting principles, practices, standards, laws, and regulations.
• Strong leadership skills with a demonstrated ability to manage, guide, and lead teams to ensure appropriate financial processes are followed.
• Ability to adjust, evolve, and thrive in response to the rapidly changing fintech landscape with experience working with financial services products.
• Advanced Excel, Google Suite and ERP (Oracle Netsuite) skills with a solid ability to adapt to new technologies and systems.
• Attention to detail and timely delivery of reliable financial management information for decision-making.

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