Assistant Financial Manager

Weplace; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading telecommunications company is seeking an Assistant Financial Manager to oversee financial health and compliance. The role involves preparing financial reports, managing budgets, and leading a finance team while ensuring adherence to industry regulations. The ideal candidate will possess strong analytical skills, a degree in accounting, and over five years of relevant experience.

Qualifications

• 5+ years of experience in a finance role, preferably in telecommunications.
• Audit articles is highly advantageous.

Responsibilities

• Prepare monthly management accounts and assist with annual financial statements.
• Oversee accounts payable and receivable.
• Ensure compliance with financial regulations and standards.

Skills

Analytical Skills

Numerical Skills

Communication Skills

Education

Degree in Accounting

Tools

Financial Software

ERP Systems

Job description

Our client, a market leader in Telecommunications is looking for an Assistant Financial Manager to join their team.

Position Summary and Primary Objectives:

The Assistant Financial Manager is a key member of the finance team, reporting to the Head of Finance, and plays a critical role in overseeing the financial health, and financial compliance within the telecommunications industry. They work closely with the Head of Finance to ensure accurate financial reporting, budgeting, and compliance with financial regulations. The successful candidate will provide strong leadership, vision, and guidance to the finance team, driving financial growth and operational efficiencies.

Roles and Responsibilities:

Financial Reporting and Analysis

• Prepare monthly management accounts and assist with the preparation of the annual financial statements in compliance with industry standards.
• Analyse financial data to identify trends and variances.
• Assist Head of Finance with preparing financial results and recommendations for presentation to the executive team and board, articulating financial performance and key metrics in an understandable format.

Operational Financial Management

• Oversee accounts payable and receivable.
• Reconcile financial records and bank statements.
• Ensure timely processing of invoices, payments, and collections.
• Maintain the control environment and sure policies, procedures and compliance are maximised

Regulatory Compliance and Governance

• Ensure compliance with financial regulations and standards specific to the telecommunications industry, including IFRS, and other regulatory frameworks.
• Assist in external audits by providing necessary documents and explanations.
• Manage tax compliance, policies, and procedures

Cost Control and Expense Management

• Identify cost-saving opportunities and efficiency improvements.
• Help in expense tracking and ensuring budget adherence

Team Leadership and Development

• Lead, mentor, and develop a high-performing finance team, fostering a culture of accountability, excellence, and continuous improvement.

Stakeholders

• Act as the primary point of contact for financial matters with internal and external stakeholders. Serve as a key liaison for financial matters, alongside the Head of Finance, in interactions with both internal and external stakeholders.

Skill Requirements and Personal Attributes

• A degree in Accounting.
• Audit articles is highly advantageous.
• 5+ years of experience in a finance role, preferably within the telecommunications or technology industry.
• Strong analytical and numerical skills, with a solid understanding of accounting principles and financial regulations including telecommunications regulatory frameworks. Proficient in financial software and ERP systems, with key attention to detail and accuracy and excellent teamwork abilities.
• Good written and verbal communication skills, with the ability to convey complex financial data to non-financial stakeholders.

Should you not receive a response from us within one week of your application, your application has unfortunately not been successful.

You can visit our website for more vacancies: www.wePlace.co.za / LinkedIn