Group Finance Manager

New Generation Management Consulting; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A financial consulting firm in Johannesburg seeks an experienced Financial Manager to lead the Financial Department. Responsibilities include ensuring compliance with financial regulations, analyzing financial results, and managing budgets. Ideal candidates should have a postgraduate degree in Accounting or Finance, extensive management experience, and skills in risk analysis and consolidations. The role requires advanced Excel proficiency and hands-on accounting experience.

Qualifications

• Minimum 10 years of working experience with 5 years in management.
• Completed articles of clerkship with a Chartered Accountants firm.
• Practical experience in risk analysis, consolidations, and financial management.

Responsibilities

• Lead the Financial Department ensuring good governance.
• Accountability with statutory bodies on financial matters.
• Analysis and presentation of financial results to management.

Skills

Advanced proficiency in Excel

Hands-on experience with accounting software

Strong financial skills

Strategic planning

Excellent project management skills

Education

Postgraduate degree in Accounting or Finance

Tools

ZOHO Books

Job description

Overview

The incumbent to lead the Financial Department and ensure sound corporate governance through the application of integrity and efficiency in all financial practices. Well experienced in all aspects of financial management, i.e. financial projections, drafting of financial management statements, annual reports, costing, business improvement initiatives and management indicators, guiding the organization to greater efficiencies, developing and implementing financial policies and procedures and managing a competent team.

Responsibilities

• Overall functional accountability with all pertinent statutory bodies on financial matters such as VAT returns to SARS, AFS for external auditors, observance of South African Acts (accounting Standards) to comply with Generally Accepted Accounting Practice (GAAP).
• Compliance with financial reporting and disclosure requirements as stipulated in the Companies Act 61 of 1973, as amended.
• Analysis and interpretation of financial results for presentation to CFO, CEO and Board.
• Preparation and submission of financial packs on a monthly, quarterly basis. This includes full management of the budgetary and forecasting process throughout the financial year.
• Budgetary control and ensuring that all expenditure of an operational nature is duly authorized.
• Attendance and participation in management meetings, providing financial input on operational matters and assessing financial risks and benefits for planned campaigns.
• Liaison with external auditors, bankers, tax authorities (SARS), pension fund administrators, insurance brokers, suppliers and other stakeholders.

Requirements

1. A completed postgraduate degree in Accounting or Finance e.g. Honours in BCompt or Honours in BCom.
2. At least 10 years of working experience, of which 5 years should be in a management role.
3. Completed articles of clerkship/trainee accountant program with a firm of Chartered Accountants.
4. Practical experience in the following areas is essential: risk analysis and management; consolidations, including horizontal and/or vertical integrated group structures; consolidations of financials at a parent company level.
5. A valid driver’s license.

Benefits

Key Competencies

• Integrity – able to make tough policy decisions without compromising the integrity of information or business processes.
• Change Management
• Communication – able to interface effectively with all levels of management, shareholders, and staff.
• Prioritizing – delivering results and meeting deadlines.
• Excellent interpersonal skills – self-awareness, focus on building working relationships, team player.
• Attention to detail and excellent analytical skills.
• Highly self-motivated.
• Patience and diplomacy.
• Measuring the achievement of objectives and continuously seeking improvement.

Skills

• Advanced proficiency in Excel, Word and PowerPoint.
• Hands-on experience with an accounting package, including period closing entries for month ends, quarter ends and full year ends.
• Strong financial skills and highly numerate.
• Strategic planning and prioritization skills.
• Significant management and well-developed leadership skills (strong business acumen).
• Management of diversity.
• Excellent project management skills.
• Preference will be given to candidates with ZOHO Books.