Finance Team Lead
Finance Team Lead
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1-3years
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Key Responsibilities
Payroll Accounting and Support
Process payroll transactions including salary payments deductions and benefits ensuring accuracy and compliance.
Coordinate with HR on payroll-related administrative tasks obtaining necessary documentation and approvals for payments.
Manage payroll journals in Xero reconciling accounts to ensure accuracy in payroll expenses.
Data Entry and Record Keeping
Maintain accurate records in Xero ensuring that all financial transactions are correctly categorized and documented.
Process invoices receipts and journal entries in a timely manner maintaining organized digital records for easy access.
Assist with monthly and annual reconciliations to ensure financial data accuracy and compliance with accounting standards.
Financial Reporting and Analysis
Prepare monthly reports including Balance Sheets Profit & Loss statements and Cash Flow reports.
Assist in compiling financial data for budgeting and forecasting supporting department managers with financial insights.
Generate reports to track payroll and other expenses highlighting variances and recommending adjustments when needed.
Compliance and Certification in Xero
Stay certified and proficient in Xero software completing any required training or updates on a quarterly basis.
Ensure compliance with financial regulations and internal policies especially in payroll processing and record-keeping.
Assist the Financial Manager in preparing documents for audits and ensuring records are audit-ready.
Collaboration with HR and Departmental Support
Work closely with HR to obtain necessary payroll information verifying details to support smooth payroll processing.
Communicate with department managers to gather budget information and update them on relevant financial data.
Provide financial support and answer queries from internal departments as needed contributing to team success.
Bank and Account Reconciliations
Perform bank and account reconciliations monthly resolving discrepancies and ensuring accurate account balances.
Assist with cash flow tracking ensuring that payroll and other financial obligations are met in a timely manner.
Continuous Improvement and Professional Development
Identify opportunities for process improvement in payroll accounting and financial reporting suggesting updates to enhance efficiency.
Stay informed on Xero updates accounting practices and regulatory changes to maintain best practices in financial management.
Requirements
- Able to maintain and build a courteous and beneficial relationships with clients
- To service the start to end bookkeeping functions for new and existing clients.
- To promote the image of the business at all times through means of positive customer contact
- Must be able to work in a pressurised environment and be deadline and target driven
- Must be able to work independently as well as part of a team
- Must be able manage own time effectively.
- Excellent attention to detail is definite.
- Able to multi - task.
- Minimum proven 3 years experience is a bookkeeping/accounting role and or working towards completion a tertiary diploma/degree.
- Experience with XERO beneficial
Benefits
- Medical Aid
- Provident fund
- Hybrid
Able to maintain and build a courteous and beneficial relationships with clients To service the start to end bookkeeping functions for new and existing clients. To promote the image of the business at all times through means of a positive customer contact Well spoken, good communication skills Must be able to work in a pressurised environment and be deadline and target driven Must be able to work independently as well as part of a team Must be able manage own time effectively. Excellent attention to detail is definite. Able to multi - task. Minimum proven 3 years experience is a bookkeeping/accounting role and or working towards completion a tertiary diploma/degree. Experience with XERO beneficial
Employment Type
Full Time
