Group Finance Manager

Staff Solutions; East London; On-site; ZAR 800 000 - 1 000 000; Full time

Job summary

A financial services firm based in Eastern Cape, East London is seeking a Group Finance Manager to oversee the local finance department and ensure timely financial reporting. The ideal candidate will have a CA (SA) qualification, a minimum of 5 years of experience in a manufacturing environment, and strong leadership skills. Responsibilities include cashflow management, compliance with regulatory standards, and collaboration with management teams. Competitive salary and supportive work environment offered.

Qualifications

• Minimum 5 years in charge of a finance department of a manufacturing company.
• Proven track record of clean financial management.
• Highly motivated individual with a positive attitude.

Responsibilities

• Responsible for the timeliness and quality of financial reporting.
• Cashflow review and management.
• Support the management of the local finance department.

Skills

Strong leadership skills

Excellent interpersonal skills

Financial Modelling Knowledge

Conceptual analytical abilities

Understanding of regulatory reporting

Education

CA (SA)

Job description

Job Description

Group Finance Manager Staff Solutions • Eastern Cape, East London

General Responsibilities

• Responsible for the timeliness and quality of the reporting
• Ensures proper analysis is provided in order to support the management team
• Following corporate and divisional procedures and controls
• Following local accounting principles, rules and tax regulation (including BBBEE)
• Banking relationship
• Interaction with all departments in the company both locally and internationally
• Ad hoc requests as and when received
• Policies and Procedure review
• AIS Grants

Monthly/Daily Tasks

• Cashflow review and management
• Journal entry review
• Balance Sheet Recon reviews
• Payment release on the bank (local/foreign/payroll)
• Month end GL and account review
• Month end meeting analysis, commentary and reporting
• Short term forecast review
• Purchase order authorization
• Internal control/ General Control Framework/ Risk Management
• Payroll review
• BBBEE involvement
• VAT review
• Capex involvement
• Costing/Pricing changes reviewed

Specific Tasks

• STD costing
• Reporting: Capex DB, Rolling Forecast, Tooling reporting, Overdue reporting
• OS: Intercompany, Sales and Contribution
• Balance sheet reconciliation, Journal entries SOX reports and certificates
• Fixed assets (including supporting preparation of Screenings and Capex)
• Project management and tracking – CEA.07
• CM walk – CAP7
• Internal controls including BS reconciliations.
• Sales prices control
• Payroll review
• Support the development of Forecasts, Budget and MTP plan.
• Following corporate and divisional procedures and controls
• Month end closing – manual journal preparation, accounting control
• Support other departments – Ensures proper analysis is provided to support the management team.
• Responsible for management of local finance department
• Hedging, currency management, cash forecasting

Quarterly Tasks

• Financial review Questionnaire and other HO quarterly requirements

Annual Tasks

• Tax – Year end calculations, Transfer Pricing, Country-by-Country reporting
• AFS review
• Budget coordination, finalization and presentation
• Insurance

Job Requirements

• CA (SA)
• Minimum 5 years in charge of a finance department of a manufacturing company with a national/global footprint
• Highly Motivated Individual with a positive attitude and flexible approach to work
• An understanding of regulatory and financial reporting regime and IFRS
• Proven track record of clean financial management and administration
• Financial Modelling Knowledge
• Excellent interpersonal skills with the ability/desire to work in a team
• Strong leadership skills: ability to effectively influence all levels of management +strong analytical and conceptual abilities