Group Finance Manager

Secondments; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A finance management firm in Johannesburg is seeking a Finance Manager to oversee financial functions, manage compliance, and lead a team of finance professionals. The ideal candidate will have strong qualifications in finance, at least 5 years of experience post-articles, and proficiency in accounting software.

Qualifications

• Managing finance functions, reporting to regulators, ensuring compliance with laws and regulations.
• Overseeing audits, monthly management reporting, and financial planning across multiple entities.
• Responsible for managing 17 employees in the finance department and developing their performance.

Responsibilities

• Oversee and manage annual audits.
• Review monthly management accounts and cashflows.
• Manage compliance with tax and financial regulation.
• Implement policies to improve operational efficiency.

Skills

Sound business acumen

Planning and organising

Following instructions and procedures

Adapting and responding to change

Coping with pressure and setbacks

Education

Grade 12 / Senior Certificate

BCom (Hons) / Equivalent degree or diploma

Chartered SA

At least 5 years’ experience post articles

Sage Intacct Accounting

Pastel Payroll & HR 2024

Tools

Microsoft Office (excellent Excel, Word, SharePoint, Teams and Outlook experience)

Job description

Managing the finance functions of 11 companies

Overseeing the full function up to Annual Financial Statements, payroll functions for the group, annual external audits for all group entities, monthly management reporting, business analytics, cashflow management and planning, procurement of finance and liaising with banks, and controls analysis and improvement. In addition, the successful candidate will be responsible for reporting to regulators (NCR, FSCA, FIC), the submission of statutory returns, while ensuring 17 employees are managed and developed accordingly, and that compliance with the relevant laws and regulations (Companies Act, Income Tax Act and VAT Act), is adhered to.

Key Result Areas

Financial Reporting – Group

• Oversee and manage annual audits
• Review monthly management accounts (MMAs)
• Review monthly salaries
• Review monthly journals
• Review monthly cashbooks
• Review monthly general ledgers
• Manage company cashflows

Oversee SARS compliance - Group

• Income Tax returns
• Provisional Tax returns
• VAT returns
• DWT returns

Oversee CIPC compliance – Group

• Beneficial ownership returns
• Annual returns
• Registered changes

Ad Hoc Reporting - Group

• Working with commercial banks
• Funding
• Covenants
• FICA and annual reviews
• Working with in BEE certification
• Stats SA submissions

Oversee finance department functions

• 3rd party collections
• Submissions
• Collections
• Allocations of collections
• Referral agents commission payments
• Business analytics
• Direct deposit allocations
• Insurance underwriter reports
• Bordereaux
• Delta
• Quarterly
• Fund requests by branches
• Loan disbursement approvals
• Petty cash
• Refunds payments
• Staff loans

Loan Management System

• Oversee month end reporting
• Oversee financial support to branches
• Ensuring fees calculations / hand overs / commissions are correct

Statutory Reporting

• National Credit Regulator
• Financial Sector Conduit Authority
• Conduct for Business Returns

Manage Finance Staff

• KPAs and performance management
• Leave planning and scheduling
• Training
• Weekly and Monthly Meetings

Establish & Implement Policies, Procedures, Strategy and Workflows

Create and implement policies, procedures and workflows to create operational efficiencies and minimise manual processes

General

• Provide assistance on special projects within the finance function
• Assist in obtaining information for ad hoc requests received from both internal and external stakeholders

Key Competencies

• Sound business acumen
• Planning and organising
• Following instructions and procedures
• Adapting and responding to change
• Coping with pressure and setbacks

Qualifications and Experience

• Grade 12 / Senior Certificate
• BCom (Hons) / Equivalent degree or diploma
• Chartered SA
• At least 5 years’ experience post articles
• Microsoft Office (excellent Excel, Word, SharePoint, Teams and Outlook experience)
• Sage Intacct Accounting
• Pastel Payroll & HR 2024
• Group consolidations
• National Credit Act and Financial and Intermediary Services Act