Finance Manager

Exxaro; Centurion; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A leading company in the energy sector is seeking a Finance Manager to oversee financial management, reporting, and compliance. The role requires strong analytical skills, leadership capabilities, and a solid understanding of renewable energy financing. The ideal candidate will have a Chartered Accountant qualification and extensive experience in financial reporting and project financing.

Qualifications

• 10 years of relevant financial/accounting experience.
• Renewable energy experience and understanding of project financing principles.

Responsibilities

• Oversee financial forecasts and budgets for the energy business.
• Ensure compliance with accounting standards and regulations.
• Coordinate with internal and external auditors.

Skills

Analytical

Problem Solving

Decision Making

Leadership

Communication

Education

BCom (Hons) Finance

Chartered Accountant (CA)

Tools

Microsoft Excel

Financial Reporting Software

Job description

Financial management of the energy business including consolidation review analysis and reporting of the energy group financial information challenging the integrity of financial data tax and treasury support and the preparation of forecasts and budgets. The Finance Manager will liaise with various functions within the energy business as well as the parent company and overall provide tax and accounting advisory to the energy group of companies.

MAJOR CHALLENGES :

High competition in the market for experienced professionals with renewable energy experience.

Duties & Responsibilities

Oversee the preparation of and consolidate the detailed financial forecasts and budgets for the energy business ensuring alignment with strategic objectives and operational needs

Challenge the integrity of the financial information provided by the various stakeholders consult widely for business or technical advice and probe for facts

Perform review of financial models to support business decisions

Reporting

Oversee preparation of timely and accurate internal and external financial reports including monthly quarterly and annual financial statements

Analyse financial performance against plans prepare variance analysis provide insights into financial performance to support key business decisions identify areas for improvement / optimization

Identify risks and opportunities provide insights on financial trends and conditions and offer strategic recommendations based on financial data and project performance

Report on the financial progress and performance of investments

Develop actionable recommendations based on findings and communicate them to relevant stakeholders

Coordinate with the Services team and external & internal auditors in the planning and execution of the periodic audit processes

Compliance & Risk Management

Coordinate with the relevant functions in the development of all policies and frameworks related to corporate finance treasury tax financial accounting financial reporting management accounting supply chain management and insurance

Ensure financial systems governance policies standards guidelines and procedures are in place that align with best practice and are fit for purposes for all relevant financial touch points

Compliance with accounting statutory and regulatory standards

Monitor and ensure timely identification and compliance with evolving accounting guidance provide International Financial Reporting Standards (IFRS) interpretation and prepare technical memorandums that document issues in a clear logical and comprehensive manner

Facilitate the implementation of new International Financial Reporting Standards (IFRS) or any other applicable accounting frameworks standards within the energy group

Coordinate with the governance risk and compliance function in the identification and mitigation of risks associated with energy business

Monitoring of debt covenants at group and project level

Ensure the optimal and efficient structure of the energy business from a commercial and tax perspective

Coordinate with Group Tax and ensure tax information and packs are in accordance with the specifications of the tax legislation

Keep abreast with tax policy changes and liaise with relevant stakeholders to ensure general tax policies and regulations are executed within the energy business

Treasury

Coordinate with the group treasury function and lead within the energy business in the cash management to achieve effective and efficient management of cash flow financing and financial planning

Work closely with Operational Finance Business Development teams and other stakeholders within the energy business to provide financial support and to integrate financial insights into project planning and execution

Communicate effectively with department heads and executives to relay financial information

Assist in standardising simplifying and improving functional processes eliminating duplication / bureaucracy

Apply functional best practices promote sharing of best practices / knowledge

Provide tax and accounting advisory support to the energy group of companies

Liaise with parent company group finance department and ensure effective collaboration with other parent company support functions (tax internal audit treasury)

The Finance Manager will report the Cennergi Holdings CFO. The key internal and external interfaces are as follows :

Internal interfaces :

Operations Finance

Governance risk compliance and supply chain

Group Treasury Internal Audit

Business development M&A and support teams

External interfaces :

External and internal auditors

Tax and accounting advisors

Local and international financial institutions

4. Interpersonal capabilities

Ability to work within diversified and multifunctional teams promote cooperation and knowledge sharing across the team

Must be selfmotivated and be able to take initiative. Being able to lead and work unsupervised is a necessity but must be able to integrate into other functions as required

Ability to maintain high standards in terms of work quality

Ability to challenge financial inputs to ensure an accurate representation of the risks and rewards are prepared and presented

Ability to multitask to keep functioning effectively when under pressure and to maintain selfcontrol

Maintains high ethical standards

Strong leadership capabilities

QUALIFICATIONS :

• BCom (Hons) Finance or equivalent (Essential / Minimum)
• Chartered Accountant (CA) (Essential / Minimum)

EXPERIENCE : Experience

Renewable energy experience and understanding of project financing principles a must

Relevant financial / accounting experience with completed articles; Interpreting accounting standards / Companies Act; Complex group structure

Listed entity experience a plus

10 Years

Importance

Excellent analytical problem solving and decisionmaking skills

Experience in a reputable financial reporting software and proficiency in microsoft excel

Strong verbal and written communication and interpersonal skills

Involvement

Group consolidation financial analysis and reporting

REQUIREMENTS

Psychometric Assessment (Essential / Minimum) (To be conducted by Exxaro)

SA Institute for Chartered Accountants (Essential / Minimum)

Member of other Professional Body (Recommended / Desirable)

2.4 Legal Appointments / Requirements

Certificate of Fitness Essential / Minimum (To be conducted by Exxaro)

Required Experience :

Manager

Key Skills

Employment Type : Contract

Experience : years

Vacancy : 1

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