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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:

  • 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.

Key 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

Qualifications:

  • CA (SA) or CIMA qualification

  • 5+ years' post-articles experience

  • SAICA articles

  • Valid driver’s license


Contact information

Tamlyn Redmond