Our clients reserves the right not to make an appointment. In considering candidates for appointment into advertised posts, preference will be accorded to persons from a designated group in accordance with the approved Employment Equity Plan.
Group Finance Manager
(Group Finance Manage)
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:
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Strategic Management:
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Contribute to the achievement of the group and individual company's business objectives by providing advice and guidance on financial strategy.
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Develop a business plan for a specified cycle for the group and individual companies.
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Review the group and individual company’s annual operating budget and manage all financial targets.
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Provide financial advice and guidance to the company's finance staff to enable them to achieve their objectives.
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Work closely with Group Heads of Department to provide actionable reporting that enables business decisions and meets financial and strategic goals.
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Operational Management:
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Direct and manage finance staff to ensure they are appropriately motivated and developed to carry out their responsibilities to the required standard.
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Identify and ensure compliance with financial and statutory regulations.
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Assess and monitor group and individual company’s risk with Internal Audit, applying a risk-based approach to review controls and systems.
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Promote awareness of internal controls and share best practices to influence department decisions.
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Manage working capital and cash flow requirements.
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Financial Management:
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Manage the Group finance function, including reporting, budgets, tax, regulatory and governance, and Group department functions such as Internal Audit and HR.
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Review monthly financial information and supporting analysis for the BOD, including forecast and budget data.
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Review information for quarterly and year-end external reporting processes.
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Assist in quarterly and annual financial reporting compliance, interpreting IFRS changes, and communicating group accounting policies.
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Develop relationships with finance staff throughout the business as a main point of contact on financial and management reporting matters.
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Maintain and improve group financial reporting systems.
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Provide ad hoc assistance with finance and related projects as required.
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Compile key business metrics and report them to the BOD.
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Manage all group finance-related projects.
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Manage statutory audits for the Group.
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Oversee the Group insurance function.
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Administration/HR:
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Attend required meetings such as management, executive, and board meetings.
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Develop and maintain productive relationships with management and staff through individual contacts and group meetings.
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Communicate with other component heads in the group.
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Pursue professional development opportunities, including training and professional association memberships, and share information gained with co-workers.
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Ensure optimal workflow and adequate spread of workload within the HR function.
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Provide in-service training to personnel to ensure effective execution of duties.
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Manage leave utilization, disciplinary and grievance procedures, and all labor relations functions.
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Ensure all HR-related submissions are done.
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Build capability and capacity of finance staff by identifying current and future training and development needs.
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Provide leadership and professional development of the group structure through recruiting, mentoring, coaching, performance management, and transfer of skills.
Key Skills:
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Strong understanding of IFRS and relevant legislation
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Proficient in MS Office and Pastel
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Knowledge of risk management processes and frameworks
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Understanding of internal and external audit policies and procedures
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Well-versed in HR best practices
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Ability to analyze financial data and draw sound conclusions
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Ability to explain technical accounting requirements to non-technical people
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Clear communicator with the ability to influence at all levels
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Strong problem-solving skills with effective decision-making
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Ability to apply multidisciplinary business principles to achieve successful outcomes
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Ownership, accountability, and reliability
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Structured approach with excellent planning, organizational, and prioritization skills
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Ability to work well under pressure, both independently and as part of a team
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Self-motivated, result and deadline-driven
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Leadership and decision-making skills
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Excellent writing and reporting abilities
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Interpersonal and presentation skills
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Attention to detail
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Strategic thinking
Qualifications:
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