Finance Manager BMO

Finance Manager BMO

Job Description

  • Review creditors’ reconciliations and authorise for payment weekly and monthly.
  • Review eft payments and 1st authorised release for payment.
  • Check and authorise new beneficiaries banking details loaded onto Nedbank.
  • Print bank statements daily.
  • Payments and receipts captured on financial system by creditors and debtors department.
  • Transactions verified and posted.
  • Capture all other bank statement transactions onto financial system. I.e. bank charges, interest, payroll, etc.
  • Export bank statement from Nedbank Electronic Banking system.
  • Import bank statement into financial system and reconcile cashbook to bank statement.
  • The final bank reconciliation is verified and signed off by financial manager.
  • Run depreciation journal on financial system.
  • Review and assist with the investigation into stock take variances.
  • Accept and sign off variances with production manager.
  • Supervise and assist stock controller.
  • Prepare and distribute stock variance report and damaged/discarded stock reports.
  • Quarterly reporting of physical stock counts submitted to Bidvest TMS.
  • Prepare forecasted sales volumes and revenue.
  • Complete forecast income statement for month using actuals and expected forecast for balance of month.
  • Accrue for any additional expenses not yet processed.
  • Present sales volumes/revenue report and forecasted income statement to management.
  • Complete minutes held at forecast meeting.
  • Prepare file to be sent to Bidvest TMS containing forecasted income statement and all supporting documents.
  • Communicate month end deadlines with finance team.
  • Once sales invoicing has been completed, revue and prepare monthly sales reporting.
  • Process monthly general journals for accruals and provisions.
  • Review expenses and process journal corrections when necessary.
  • Reconcile general ledger to sub ledgers for creditors, debtors and inventory.
  • VIP reports converted into journals to capture payroll into financial system.
  • VIP company reconciliation report utilised to verify general ledger balances are correct.
  • Update general ledger reconciliation for salary control accounts.
  • Update year to date VIP and general ledger reconciliation including explanations for variances.
  • General ledger reconciliations are updated, printed and backing documentation is attached by financial manager.

Company Profile:

Salary: Not disclosed

Industry: food processing / FMCG

Functional Area: Account and Finance

Role Category: Others

Employment Type:


Need Any Help?

Feel free to visit our FAQ section. You can also send us an email here or give us a call on (+91) 99907-65858.