HOW DO WE DO THIS?
Each member of the Finance department is carefully picked for their individual financial skills and team fit. Collectively, we possess a variety of abilities, qualifications and years of experience in the industry, accounting and statutory reporting. Given the volumes of transactions that the team is required to process on a monthly basis, there is great emphasis on good quality data and control account reconciliations.
The financial systems used to record and report on all financial data include Microsoft Dynamics, Cognos TM1, SharePoint, as well as a variety of tools and systems built in-house. The systems are constructed on a scalable enterprise data framework, which is able to handle extreme volumes of multi-currency data from a number of sources.
The Finance department works closely with the Business Intelligence department, who are responsible for processing the raw financial information received from various financial institutions to ensure data integrity. The information passes through to the finance team for processing. Multi-point exception handling ensures that the data is processed quickly, with a continuous drive for the reduction of manual inputs. Automated reconciliations have resulted in reduced query resolution times, as well as improved timing and quality of reporting.
We provide a variety of services to a number of International clients, as well as our South African entities including:
- Top quality statutory and management reporting, substantiated by reconciliations to 3rd party data, in order to ensure accurate and useful information is provided for decision making
- Segment reporting by region to determine profitable and non-profitable regions
- Overview of the impact of marketing to determine its return on investment
- Treasury management
- Payroll administration