Group Finance Manager

Overview

Reference
Group Finance Manage

Salary
ZAR/month

Job Location
- South Africa -- City of Cape Town -- Cape Town

Job Type
Permanent

Posted
12 June 2024

Our client is looking for a Group Finance Manager.

Responsibilities:

• Strategic Management:
• Contribute to the achievement of the group and individual company's business objectives by providing advice and guidance on financial strategy.
• Develop a business plan for a specified cycle for the group and individual companies.
• Review the group and individual company's annual operating budget and manage all financial targets.
• Provide financial advice and guidance to the company's finance staff to enable them to achieve their objectives.
• Work closely with Group Heads of Department to provide actionable reporting that enables business decisions and meets financial and strategic goals.
• Operational Management:
• Direct and manage finance staff to ensure they are appropriately motivated and developed to carry out their responsibilities to the required standard.
• Identify and ensure compliance with financial and statutory regulations.
• Assess and monitor group and individual company's risk with Internal Audit, applying a risk-based approach to review controls and systems.
• Promote awareness of internal controls and share best practices to influence department decisions.
• Manage working capital and cash flow requirements.
• Financial Management:
• Manage the Group finance function, including reporting, budgets, tax, regulatory and governance, and Group department functions such as Internal Audit and HR.
• Review monthly financial information and supporting analysis for the BOD, including forecast and budget data.
• Review information for quarterly and year-end external reporting processes.
• Assist in quarterly and annual financial reporting compliance, interpreting IFRS changes, and communicating group accounting policies.
• Develop relationships with finance staff throughout the business as a main point of contact on financial and management reporting matters.
• Maintain and improve group financial reporting systems.
• Provide ad hoc assistance with finance and related projects as required.
• Compile key business metrics and report them to the BOD.
• Manage all group finance-related projects.
• Manage statutory audits for the Group.
• Oversee the Group insurance function.
• Administration/HR:
• Attend required meetings such as management, executive, and board meetings.
• Develop and maintain productive relationships with management and staff through individual contacts and group meetings.
• Communicate with other component heads in the group.
• Pursue professional development opportunities, including training and professional association memberships, and share information gained with co-workers.
• Ensure optimal workflow and adequate spread of workload within the HR function.
• Provide in-service training to personnel to ensure effective execution of duties.
• Manage leave utilization, disciplinary and grievance procedures, and all labor relations functions.
• Ensure all HR-related submissions are done.
• Build capability and capacity of finance staff by identifying current and future training and development needs.
• Provide leadership and professional development of the group structure through recruiting, mentoring, coaching, performance management, and transfer of skills.

• Strong understanding of IFRS and relevant legislation
• Proficient in MS Office and Pastel
• Knowledge of risk management processes and frameworks
• Understanding of internal and external audit policies and procedures
• Well-versed in HR best practices
• Ability to analyze financial data and draw sound conclusions
• Ability to explain technical accounting requirements to non-technical people
• Clear communicator with the ability to influence at all levels
• Strong problem-solving skills with effective decision-making
• Ability to apply multidisciplinary business principles to achieve successful outcomes
• Ownership, accountability, and reliability
• Structured approach with excellent planning, organizational, and prioritization skills
• Ability to work well under pressure, both independently and as part of a team
• Self-motivated, result and deadline-driven
• Leadership and decision-making skills
• Excellent writing and reporting abilities
• Interpersonal and presentation skills
• Attention to detail
• Strategic thinking

• CA (SA) or CIMA qualification
• 5+ years' post-articles experience
• SAICA articles
• Valid driver's license