Finance Manager

The South African Breweries; South Africa; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A leading beverage company in South Africa is looking for a Financial Manager to oversee financial reporting, risk management, and investment portfolio management. The ideal candidate should have over 8 years of experience in financial management, strong analytical skills, and a relevant Bachelor’s degree, with additional qualifications being a plus. Duties include developing financial systems, leading reporting efforts, and ensuring compliance with financial regulations. This role offers a unique opportunity to contribute to a well-respected organization.

Qualifications

• 8+ years of experience in financial management with senior finance role experience.
• Strong experience in financial reporting, budgeting and compliance.
• Proven exposure to fund accounting and investment portfolios.

Responsibilities

• Lead financial management, reporting, and risk oversight.
• Develop and strengthen the internal control and risk management environment.
• Manage the investment portfolio ensuring alignment with SABF's mandate.

Skills

Financial management

Risk management

Investment management

Analytical skills

Governance knowledge

Education

Bachelor's degree in finance or Accounting

Postgraduate qualification

Job description

Dreaming big is in our DNA. It's who we are as a company. It's our culture. It's our heritage. And more than ever, it's our future. A future where we're always looking forward. Always serving up new ways to meet life's moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with the teammates, resources and opportunities to unleash their full potential. The power we create together - when we combine your strengths with ours - is unstoppable. Are you ready to join a team that dreams as big as you do?

Key Purpose

of this role is to strengthen governance and financial oversight by building in-house financial analysis and portfolio management capacity, while supporting trustees with strategic insights that go beyond compliance reporting. Ensure adherence to Section 30C, IFRS, and fiduciary obligations, and anchor institutional capacity through a hybrid model that retains some outsources services.

Key Roles and Responsibilities

Financial reporting and financial management

• Assess and develop the optimal financial management and financial reporting function
• Lead financial management, reporting, and risk oversight.
• Work with external auditors, finance external partners and ensure the integrity of financial reports
• Oversee cashflow forecasting, provisioning policies, and portfolio monitoring
• Oversee annual budgets, audits, and trustee reporting

Risk management and procurement

• Develop and strengthen the internal control and risk management environment
• Develop the most appropriate risk management framework, including maintaining the risk register
• Develop the most optimal procurement guidelines and practices suitable for the foundation environment

Investment and portfolio management

• Develop the most optimal capability for loan management, private equity, and blended finance instruments for the support of small businesses.
• Manage the investment portfolio managed by an external fund manager, ensuring risk-return alignment with SABF's mandate
• Develop the governance framework required to manage the fund through an external fund manager
• Assess and benchmark the performance of the investment portfolio and external fund managers
• Support due diligence and credit assessments for beneficiaries.

Systems and technology

• Lead the identification and implementation of the most appropriate financial reporting, financial management, investment management, and risk management systems
• Assess the effectiveness of implemented systems

Leadership and stakeholder management

• Work with the external finance team to ensure reporting to the Board of Trustees on the financial affairs of the SABF
• Lead all financial aspects of the SABF and proactively engage with stakeholders to identify and mitigate risks

Key Attributes and Competencies

• Strong finance and investment management background,
• Experience in high-risk lending, venture capital, or development finance.
• Understanding of philanthropic finance and blended capital models.
• Leadership skills to build internal finance team capacity
• Governance, compliance, and fiduciary acumen.

Minimum Requirements

• Bachelor's degree in finance, Accounting or related field
• Postgraduate qualification will be an added advantage
• 8+ years of experience in financial management, with 3-5 years in senior finance role
• Strong experience in financial reporting, budgeting cash flow and compliance
• Proven exposure to fund accounting, grants and loans or investment portfolios
• Experience in supporting board, Committees and audits
• Strong analytical, governance capability

Additional Information

• Band V

SAB is an equal opportunity employer, and all appointments will be made in line with the SAB Employment Equity Plan and Talent requirements. This advert has the minimum requirements listed, and Management reserves the right to use additional/relevant information as criteria for short-listing.