Group Financial Manager

Pro Select Consulting; Durban; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A financial consulting firm in Durban is seeking a Group Financial Manager to oversee financial activities and maintain the company's financial health. This role involves developing budgets, preparing financial reports, and implementing strategies to achieve long-term goals. The ideal candidate will lead a finance team, manage cash flow and debt, and ensure regulatory compliance. Strong analytical skills and leadership abilities are essential for success in this role.

Responsibilities

• Develop and manage the company's budget, including forecasting future financial performance.
• Prepare and present financial reports, including profit and loss statements.
• Analyze financial data to identify trends and opportunities for cost savings.
• Develop and implement financial strategies to support long-term goals.
• Evaluate investment opportunities and make recommendations.
• Identify financial risks and develop mitigation strategies.
• Ensure compliance with financial regulations and reporting requirements.
• Establish and maintain robust internal controls.
• Coordinate audits and ensure timely resolution of issues.
• Monitor and manage the company's cash flow.
• Oversee the company's debt portfolio.
• Lead and develop the finance team.
• Collaborate with other departments for financial alignment.
• Communicate financial information to stakeholders.

Skills

Budgeting and Forecasting

Financial Reporting

Performance Analysis

Financial Strategy

Investment Decisions

Risk Management

Regulatory Compliance

Internal Controls

Audit Coordination

Cash Flow Management

Debt Management

Team Leadership

Cross-Functional Collaboration

Stakeholder Communication

Job description

Our Client is currently recruiting for a Group Financial Manager

The group financial manager will play a crucial role in overseeing the financial activities of the company. The responsibilities are diverse and strategic, ensuring that the companies financial health is maintained and that its financial practices align with business objectives.

Responsibilities Include:

• Budgeting and Forecasting: Develop and manage the companys budget, including forecasting future financial performance.
• Financial Reporting: Prepare and present financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• Performance Analysis: Analyze financial data to identify trends, variances, and opportunities for cost savings and improved financial performance.
• Financial Strategy: Develop and implement financial strategies to support the companys long-term goals
• Investment Decisions: Evaluate investment opportunities and make recommendations on capital allocation.
• Risk Management: Identify financial risks and develop strategies to mitigate them.
• Regulatory Compliance: Ensure that the company complies with all financial regulations and reporting requirements.
• Internal Controls: Establish and maintain robust internal controls to safeguard company assets and ensure the integrity of financial information.
• Audit Coordination: Coordinate with internal and external auditors to facilitate audits and ensure timely resolution of any issues identified.
• Cash Flow Management: Monitor and manage the companys cash flow to ensure liquidity and optimize working capital.
• Debt Management: Oversee the companys debt portfolio, including financing arrangements and repayment strategies.
• Team Leadership: Lead and develop the finance team, providing guidance, training, and performance management.
• Cross-Functional Collaboration: Work closely with other departments to align financial goals with overall business objectives.
• Stakeholder Communication: Communicate financial information and insights to senior management, board members, and other stakeholders.