Financial Manager

Merand Corbett & Associates; Randburg; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a skilled Financial Manager to oversee the full financial function of multiple statutory entities. This role involves preparing consolidated management accounts, managing cash flow, and ensuring compliance with statutory requirements. The ideal candidate will lead a team of accountants, providing coaching and mentoring while conducting performance evaluations. If you are a results-driven professional with strong analytical skills and proven leadership experience, this is a fantastic opportunity to make a significant impact in a dynamic environment.

Qualifications

• Strong analytical skills and problem-solving abilities are essential.
• Proven leadership experience is required for managing the finance team.

Responsibilities

• Oversee financial functions of multiple entities and prepare consolidated accounts.
• Manage cash flow reporting and ensure compliance with regulations.

Skills

Technical accounting knowledge (IFRS)

Analytical skills

Problem-solving abilities

Leadership experience

Ability to work under pressure

Education

Accounting degree

Experience with Evolution or other accounting packages

Job description

Financial Manager Job Description

Responsibilities:

1. Oversee the full financial function of multiple statutory entities.
2. Prepare consolidated Management Accounts in line with deadlines, ensuring accuracy and compliance with statutory and regulatory requirements.
3. Manage cash flow reporting and forecasting.
4. Prepare consolidated Statement of Financial Position along with audit files.
5. Ensure journal entries are accurately captured.
6. Update income tax and deferred tax calculations.
7. Maintain the accuracy of the fixed asset register on a rolling basis.
8. Compile various financial reports for business management.
9. Report monthly financial results to the executive committee.
10. Analyze financial results of individual business units or cost centres against budgets, investigating variances.
11. Reconcile and submit VAT and PAYE returns, liaising with SARS/tax practitioners on tax issues.
12. Coordinate year-end audits with external auditors.
13. Manage creditors’ reconciliations and payments, including review and approval of all payments and bank reconciliations.
14. Liaise with banks regarding financing and banking issues.
15. Coordinate and plan the annual budget process.
16. Perform ad hoc tasks as assigned by the CFO.

People Management:

1. Manage a team of over 10 accountants and a three-member creditors team.
2. Provide leadership, structure, coaching, and mentoring to the finance team.
3. Conduct performance evaluations and manage team development.

Qualifications:

• Technical accounting knowledge (IFRS); GAAP experience is advantageous.
• Experience with Evolution or other accounting packages.
• Strong analytical skills and problem-solving abilities.
• Ability to work under pressure and meet deadlines.
• Proven leadership experience.
• Must be a South African resident.

Only shortlisted candidates will be contacted.