Provide strategic and operational direction to the finance team to ensure efficient running of the unit and accurate reporting of accounts. The responsibilities of Head of Finance include managing financial tasks and ensuring that finances are used beneficially. Ensure that investments and finances comply with regulations.
Responsibilities
- Ensure the finance team is a strategic partner to the business.
- Support the MD and Executives to deliver strategic initiatives.
- Fully responsible for ensuring accurate financial record keeping for an administrator as well as retirement funds.
- Responsible for ensuring accurate reconciliations between operational and accounting systems and all balance sheet reconciliations.
- Managing the year-end, interim, and all month-end processes and reporting.
- Responsible for managing the external audit process.
- Provide feedback and address audit regularly with Exco.
- Ensure applicable policies and processes are created, documented, reviewed, signed off, and adhered to.
- Developing strategies to minimize financial risk.
- Responsible for providing direction and support on the organizational budgeting process applicable to all the entities of the company.
- Regularly review the overall organizational expenditure to ensure the expenditure of all entities remains within budget.
- Responsible for fund accounting and analysis.
- Maintaining and controlling the general ledger, various sub ledgers, processing of transactions, rebalances, fee calculations, etc.
- Allocate resources and manage cash flows.
- Ensure compliance with Tax Regulations.
- Develop secure procedures to maintain confidential information.
Requirements
- B. Com Honours
- Qualified would be advantageous and preferable.
- Minimum of 7 years’ experience in the Employee Benefit Industry, especially retirement funds accounting and auditing.
- Excellent knowledge of Everest.
- Excellent knowledge of Accounting Regulations & Procedures.
- Knowledge of IFRS, Tax, Auditing.
- Experience in Accounting Software and Payroll Software.
- Budget management.
- Good Problem-Solving Skills.
- Analytical.
- Attention to Detail and deadline-oriented.
- Good Communication Skills.
- Proficient in Microsoft Excel.
- Strong Business Acumen.
- Ability to deal with complex information and requests.