Website FlySafair
FlySafair is a South African low-cost airline based in Johannesburg. It is known for its affordable domestic and regional flights and for consistently being a top performer in on-time arrivals.
FlySafair is a South African low-cost airline based in Johannesburg. It is known for its affordable domestic and regional flights and for consistently being a top performer in on-time arrivals. FlySafair serves numerous destinations across Southern Africa, including major South African cities like Johannesburg (O.R. Tambo and Lanseria), Cape Town, Durban, and Port Elizabeth.
Description
- Prepare annual budgets, forecasts and cashflows, and monthly ad hoc costing exercise as required.
- Manage the full creditors process, accruals, and overhead expenditure control.
- Prepare audit related schedules required.
- Drive process automation and efficiency improvements within the creditors function, including invoice processing and approval workflows.
- Ensure a robust cost control environment, working capital discipline and accurate accruals.
- Provide leadership by acting as a resource, coach, and mentor, while setting clear team goals aligned with business objectives.
- Drive accountability and high performance by monitoring outputs, enforcing deadlines, and supporting continuous adherence to finance policies.
- Lead by example to foster a collaborative, disciplined and results-oriented work environment that recognises and rewards success.
- Support team members in overcoming barriers to productivity and goal achievement.
- Handle sensitive and confidential matters with professionalism, discretion, and sound judgment.
- Manage the team responsible for creditors processing, accruals, and overhead allocations.
- Produce accurate monthly and quarterly financial reports, ensuring reconciliations are complete and aligned with IFRS and company policies.
- Report on creditor balances, accruals, overhead expenditure and cost control.
- Manage the relationship between auditors and the Finance Department, ensuring all audit queries are resolved efficiently and accurately.
- Review and approve audit schedules, maintaining completeness, accuracy, and full compliance with IFRS and company policies.
- Assist the Senior Manager: Finance in the annual audit process by coordinating information and deliverables from team members and other departments.
- Engage with internal stakeholders to ensure timely invoice approvals, accurate cost allocations, and compliance with procurement processes.
- Build relationships with suppliers to resolve disputes and maintain strong payment discipline.
- Support negotiations or reviews of financial terms by providing accurate data, reconciliations, and variance explanations.
- Ensure the accuracy of accounting records and alignment with IFRS requirements.
- Drive adherence to finance policies and procedures across departments, escalating instances of non-compliance to the Senior Manager: Finance.
- Maintain compliance with all relevant legislation and regulatory requirements.
- Apply a thorough understanding of contractual agreements and regulatory charges to ensure precise billing, accruals, and allocations.
Requirements
- Grade 12 or Equivalent (Essential);
- BCom degree in Finance or Accounting (Essential);
- BCom Honours in Finance or Accounting OR 6 years Aviation experience (Essential);
- Professional certification such as SAIPA, SAICA or relevant (Essential);
- Chartered Accountant CA (SA) (Advantageous);
- 10 years’ Finance experience in a mid-sized organisation, of which, 3 years’ must have been in a management role (Essential);
- Must have completed articles (Essential);
- Experience in budget preparation and reporting (Essential);
- Experience in the preparing and finalising accounts in accordance with current South African regulations (Essential);
- Exposure to working across multiple systems and ensuring reconciliations between finance and operational systems (Essential);
- Experience in an accounting software package (Advantageous);
- Strong financial acumen;
- Knowledge of automated Financial and Accounting reporting systems;
- Knowledge of financial regulations;
- Relevant theoretical knowledge, accounting principles and practices.
Personal Attributes:
- Professional;
- High integrity;
- High degree of patience and assertiveness;
- Must have a passion for costing/accounting;
- Initiative-taking;
- Ethical, tactful, dependable and accountable;
- Process- and results-driven;
- Self-motivated;
- Reliable and committed;
- Dependable and flexible.