Financial Manager

Conova Recruitment; Cape Town; On-site; ZAR 700,000 - 1,000,000; Full time

Job summary

A recruitment agency in Cape Town is seeking a Financial Manager to drive and manage budgeting processes, ensure tax compliance, and lead the accounts team. Ideal candidates are qualified accountants with 5+ years in a similar role and strong knowledge of UK and South African financial standards. This position offers a challenging and dynamic work environment with opportunities for professional growth.

Qualifications

• 5+ years post qualification experience in a financial lead / manager role.
• Proven track record of managing budgeting cycles and financial reporting.
• Experience in the travel, tourism, or services industry is desirable.

Responsibilities

• Drive and manage the annual budgeting process.
• Lead and oversee the month-end close process.
• Ensure VAT and tax compliance across all operating jurisdictions.
• Oversee the Group Accounts team, providing leadership and development.
• Implement and strengthen internal financial controls across the group.

Skills

Advanced Excel and financial modelling skills

Strong analytical skills

Excellent communication skills

Strong knowledge of UK and / or South African tax

Education

Qualified accountant (e.g. ACA, ACCA, CIMA or SAICA equivalent)

Tools

ERP / accounting systems (Dynamic Business Central desirable)

Job description

• Drive and manage the annual budgeting process, including building and maintaining detailed budget models.
• Collaborate with commercial analysts to incorporate sales and cost of sales (COS) information.
• Prepare and maintain the Groups long-term cash flow forecast.
• Provide financial insights and reports to support executive level decisions, support scenario modelling and aid strategic decision-making.

Reporting & Month-End :

• Lead and oversee the month-end close process, ensuring timely and accurate financial reporting across all entities.
• Ensure reasonable allocation of share costs across the group companies.
• Develop, implement, and continuously improve group level management reporting, dashboards and KPI reports.
• Analyse variances between actual results, budget, and forecast, and provide insightful commentary to management.
• Review and ensure accuracy of payroll across jurisdictions.

Compliance & Tax :

• Ensure VAT and tax compliance across all operating jurisdictions (UK and South Africa and other international entities once established), including reviewing and submitting VAT returns for UK and South Africa.
• Work with tax advisors and auditors to complete provisional and final tax calculations and payments.
• Define transfer pricing policies in line with tax compliance and ensure intercompany transactional compliance.
• Coordinate and manage the annual audit process across group entities.
• Review statutory financial statements and ensure compliance with relevant accounting standards.

Team Management & Development :

• Oversee the Group Accounts team, providing leadership, development, and performance management.
• Hold staff accountable for successful performance .

Governance & Risk :

• Implement and strengthen internal financial controls across the group to safeguard assets, improve operations and profitability.
• Manage and maintain adequate insurance cover for the group, including regular review of policies.

Projects & Strategic Expansion Support :

• Drive efficiency through process improvements, systems optimisation, and team structure enhancement
• Lead or support key financial projects, including systems upgrades, M&A support, and process automation
• Assist in the financial and accounting set-up for new international entities and market entry initiatives.
• Ensure compliance with accounting standards and implementation of group-wide accounting policies.

Requirements

• Qualified accountant (e.g. ACA, ACCA, CIMA or SAICA equivalent).
• Strong knowledge of UK and / or South African tax, accounting, and financial reporting standards.
• 5+ years post qualification experience in a financial lead / manager role, preferably in a group or multi-entity environment.
• Experience in the travel, tourism, or services industry is desirable.
• Proven track record of managing budgeting cycles, financial reporting, and team leadership.
• Advanced Excel and financial modelling skills.
• Experience with ERP / accounting systems (Dynamic Business Central desirable but not essential).
• Strong analytical, organisational, and interpersonal skills.
• Comfortable working in a dynamic, fast-paced, and international environment.
• Excellent communication skills, with the ability to present complex financial data to non-finance stakeholders.

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Financial Manager • Cape Town, South Africa