Career Opportunity: Consolidations Manager
Job Title: Consolidations Manager
Contract Type: Full-Time
Location: Internal Office Environment
Industry: Finance
Reports To: VP Financial Planning and Reporting
Start Date: ASAP
Estimated Package: R900 000 - R1.1M Per Year (Only an estimate, dependent on candidate experience and qualifications)
Are you a highly skilled Finance Professional with extensive experience in group consolidations and IFRS compliance?
A global organization is seeking a Consolidations Manager to lead and oversee the financial consolidation process for its various sub-consolidations and entities. This is a critical role designed for a results-driven individual who can ensure the accuracy and timeliness of complex financial reporting across the organization.
The successful candidate will be responsible for reconciling accounts, eliminating intercompany transactions, and providing senior management with the strategic insights needed to drive financial performance.
Key Responsibilities
Consolidation & Financial Reporting
- Lead and manage the sub-consolidation process for the entire organization.
- Prepare and analyze consolidated income statements, balance sheets, and cash flow statements.
- Perform intercompany eliminations and complex account reconciliations.
- Continuously evaluate and improve reporting processes to enhance efficiency.
Strategic Analysis & Communication
- Provide detailed financial analysis and actionable insights to senior management and stakeholders.
- Communicate financial results, explain variances, and recommend improvements for financial performance.
- Collaborate with business unit leaders and external auditors to support strategic decision-making.
Compliance & Audit
- Ensure strict compliance with IFRS, local accounting standards, and internal control procedures.
- Maintain the integrity of all financial data.
- Lead preparation for internal and external audits.
Minimum Requirements
Qualification & Experience
- Qualified CA(SA).
- Minimum of 8+ years of experience in finance, specifically focused on group consolidations and financial reporting.
Skills & Competencies
- In-depth knowledge of IFRS,