FINANCIAL MANAGER

Steinmüller Africa; Gauteng; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

A leading company in financial management is seeking an experienced individual to oversee treasury operations, financial reporting, and compliance. The role requires a Chartered Accountant with substantial managerial experience in financial sectors, aiming to enhance financial controls and strategic planning within the organization.

Qualifications

• 10+ years' relevant experience, with 5+ in a managerial role.
• Knowledge of IFRS and tax legislation.
• Experience in project accounting and risk management.

Responsibilities

• Manage financial reporting, budgeting, and forecasting.
• Oversee cash management and liquidity.
• Ensure compliance with tax laws and regulations.

Skills

Analytical skills

Problem solving abilities

High level of Emotional Intelligence

Education

Chartered Accountant

Management qualification

Tools

SAP

MS Office

Job description

In accordance with the I-14-0039-00

Procedure - Succession Planning (currently under review), we are inviting INTERNAL applicants who meet the Preferred Requirements to apply.

NOTE that successful application does not guarantee appointment, but does allow for development opportunities in preparation for possible consideration.

Main Purpose: To undertake all aspects of financial and treasury management, including financial and management reporting, budget and forecasts preparation, as well as development of internal control policies and procedures.

Key Performance Areas:

Controlling

• Set and check targets and monitoring the performance of each Business Unit / Department within the business, in line with their set budgets.
• Coordinate and direct the preparation of the budget and report on variances, incl. Business Units, Balance Sheets, P&L, Cash Flows and WCM.
• Develop and maintain the financial forecasting models (P&L, Balance Sheet and Cash Flow).
• Manage the monthly management reporting timelines.
• Monitor project results and forecasts monthly.
• Coordinate all reporting processes to Head Quarters (Germany).
• Coordinate and manage continuous improvement programs.

Finance

• Ensure quality control over financial transactions and financial reporting.
• Manage the entire accounting function.
• Implement measures to improve WCM position.
• Coordinate the month-end and year-end closing processes.
• Research technical accounting issues for compliance.
• Ensure compliance with all relevant Legislation.

Treasury

• Take responsibility for the entire cash management process.
• Ensure effective cash flow and net liquidity management.
• Liaise with the Bank Manager.

Risk Management

• Facilitate the application and maintenance of insurance policies and bank guarantees.
• Manage all insurance claims processes effectively.
• Identify opportunities to reduce insurable and non-insurable risks.
• Optimise the best possible risk to coverage ratio in the best interest of the company.

Systems Support

• Ensure effective support and availability of main and supporting ERP systems.

Taxation

• Ensure compliance with all applicable tax laws and regulations.
• Ensure timely completion and submission of any tax returns.
• Provide guidance to the business on any transactions which have tax consequences.
• Ensure accurate tax computations and careful assessment of any estimates used in such calculations.
• Remain up-to-date with changes to the most relevant tax legislation applicable to the business.

Other

• Manage and report on any special projects.
• Maintain and implement all finance related policies and procedures.
• Ensure effective document management system for department.
• Recruit, manage the performance, train, develop and retain Human Capital to achieve above objectives being mindful financial talent pipelines and BEE requirements.
• Any other job related duties as required from time to time.

Competencies/skills:

• Analyses and processes information; asks probing questions; strives to find solutions to problems.
• Behaves ethically and justly; is discreet and maintains confidentiality; meets commitments by acting with integrity.
• Interprets data rationally by quantifying issues; applies technology as a means to evaluating data; evaluates information objectively.
• Is determined and decides on actions; willingly assumes responsibility; is definitive and stands by own decisions.
• Is comfortable leading people; coordinates and directs groups; seeks to control things.
• Prepared to disagree and question assumptions; challenges ideas and established views; comfortable arguing own perspective.
• Is focused on developing strategies; thinks in the longer term and anticipates trends; envisages the future and adopts a visionary approach.
• Is target focused and meets deadlines; is punctual and keeps to schedule; is reliable in finishing tasks.
• Planning and organising skills.
• High level of Emotional Intelligence.
• Problem solving abilities.
• Ability to motivate and drive a team.
• Conflict handling skills.
• Ability to build and maintain stakeholder relations.
• Ability to implement innovative solutions.
• Analytical skills and financial acumen.

Preferred Requirements:

• Chartered Accountant.
• Additional management qualification/course would be advantageous.
• 10 + Years' relevant experience of which 5 years is in a managerial capacity.
• International Financial Reporting Standards (IFRS).
• Knowledge of and experience in Income tax, VAT act and treasury processes and principles.
• Knowledge of and experience in project accounting.
• Insurance and risk management knowledge.
• Computer literate (MS Office and SAP).