Manager Finance General Ledger

PayInc is a purpose-driven payments provider building on over 50 years of trusted history in South Africas payments ecosystem. Our mission is to connect people businesses and economies through secure efficient and inclusive digital payments infrastructure and be a catalyst for financial inclusion and economic growth. From EFTs and cards to PayShap PayInc provides the backbone that enables money to move safely across the economy. At our core we exist to make great connections empowering participation enabling growth and ensuring no one is left behind.

PURPOSE
The purpose of this role is to oversee and manage the comprehensive financial operations within the organisation. This role is integral to ensuring the financial health and operational efficiency of the company by optimising cash flow maintaining accurate financial records and ensuring timely and compliant processing of financial transactions. This role is responsible for developing and implementing strategic initiatives policies and procedures to enhance the effectiveness of these critical financial processes while also ensuring compliance with relevant regulations and standards.
By fulfilling these responsibilities this role plays a vital role in ensuring the financial stability compliance and operational efficiency of the organization contributing to its overall success and sustainability

As a Manager Finance: General Ledger you are required to / responsible for provide financial information to ensure that PayInc group makes well informed decisions for better business performance (profitability and sustainability).

You will engage with the following stakeholders:

• Cost Centre Managers
• Product Managers
• Customers and Suppliers
• Lenders
• Senior Management & Executives
• ERP Providers
• SARS PASA Banks

Your key responsibilities include:

EndtoEnd General Ledger Ownership

• Own and manage the general ledger end to end ensuring all financial transactions are accurately completely and timeously recorded.
• Oversee and review all journal entries including manual and systemgenerated journals.
• Ensure correct account classification period recognition and compliance with accounting standards and internal policies.
• Review and approve accounting transactions and adjustments in line with delegated authority.
• Ensure the general ledger reflects a true and fair view at all times.

Balance Sheet Control & Reconciliations

• Oversee and review all balance sheet accounts ensuring they are fully reconciled substantiated and understood.
• Ensure reconciliations are prepared monthly reviewed rigorously and cleared timeously.
• Identify accounting errors misstatements or control weaknesses and drive corrective action.
• Ensure reconciliation quality meets audit and governance standards.

Creditors & Debtors Accounting Oversight

• Oversee accounting aspects of creditors and debtors operations including:
• Subledger to GL integrity
• Accurate and complete postings
• Cutoff and period recognition
• Review creditor and debtor balances ageing and reconciling items from an accounting and control perspective.
• Ensure AP and AR accounting processes support accurate financial reporting.
• Drive improvements in accounting controls and processes relating to creditors and debtors.

Working Capital Lifecycle Management (Operational AP & AR)

• Ensure an effective working capital lifecycle through oversight of:
  • Cash collection processes managed through the debtors function
  • Payment processing managed through the creditors function
• Oversee the timely and accurate processing of:
  • Customer billings and collections
  • Vendor invoices and payments
  • Monitor debtor and creditor ageing from an accounting and control perspective and ensure issues are identified and addressed.
• Liaise with customerfacing teams where required to resolve:
  • Customer billing queries
  • Disputes impacting collections
  • Attend to vendor payment queries ensuring accurate resolution and appropriate accounting treatment.
  • Ensure debtor and creditor processes support sound working capital outcomes while remaining aligned to accounting and control requirements.

MonthEnd YearEnd & GL Close Management
Own and manage the monthend and yearend close process.

• Lead and coordinate the GL close team ensuring:
  • Clear accountability
  • Disciplined close timetables
  • Consistent close standards
• Oversee close activities across:
  • General ledger
  • Creditors and debtors
  • Revenue and expenditure
  • Capital assets
  • Treasuryrelated balance sheet accounts (accounting only)
  • Review and sign off close packs journals and reconciliations.

Financial Reporting & Annual Financial Statements

• Contribute to review and support the preparation of management and statutory financial reports.
• Review generalledgerdriven schedules and disclosures supporting the Annual Financial Statements.
• Ensure figures disclosures and supporting schedules are accurate complete and consistent with underlying records.
• Provide GLrelated analysis and explanations to support Finance leadership and auditors.
• Does not own or oversee financial statement preparation.

Financial Controls Compliance & Governance

• Ensure compliance with accounting standards internal financial policies and applicable legislation.
• Develop review and maintain financial policies and procedures relating to GL creditors and debtors.
• Maintain a strong financial control environment across accounting and workingcapital processes.
• Ensure financial documentation is properly authorised in line with delegated authority.
• Promote consistent accounting treatment and policy adherence across the finance function.

Finance Systems Collaboration

Work closely with the Finance Systems team to:

• Identify GL AP and AR posting issues
• Raise concerns relating to system configuration or data integrity
• Support resolution of accountingrelated system issues
• Review systemgenerated postings impacting the GL.
• Participate in testing of system changes affecting accounting AP/AR and close processes.

Audit & Assurance
Act as a key finance contact for internal and external audits relating to:

• General ledger
• Balance sheet reconciliations
• Creditors and debtors accounting
• Working capital processes
• Review and provide audit support documentation.
• Address audit findings through control process or documentation improvements.
• Maintain an auditready GL and close environment throughout the year.

People Management

• Mentor team members to ensure skills transfer and contribute to a positive team culture.
• Manage and lead Finance Operations team.
• Ensure self and team stay abreast of technical skills and industry developments.
• Manage employees through the employee lifecycle including recruit manage performance develop and reward.
• Development Processes: Build a high-performance team through regular individual and team engagement sessions. Coach and develop to ensure talent retention.

QUALIFICATIONS / KNOWLEDGE

• CA(SA) or equivalent.
• Required computer literacy levels
• Microsoft Dynamic ERP (Advanced - Advantageous)
• IBM Analytics (Basic)
• CaseWare (Advanced)
• Excel and Power Point (Advanced)
• Required computer literacy levels

EXPERIENCE

• Minimum 7 years experience in a similar role.
• Experience building automation within the Finance Operations function.
• Prior experience with implementation of ERP advantageous.