Group Financial Manager

Tower Group South Africa (PTY) Ltd; Durban; On-site; ZAR 60,000 - 90,000; Full time

Job summary

A leading company in the automotive manufacturing industry is seeking a highly experienced Group Financial Manager to join their team in Durban. The role involves overseeing financial management, preparing consolidated accounts, and ensuring compliance with IFRS and tax regulations while managing a finance team.

Qualifications

• Qualified CA (SA) or CIMA with completed articles.
• Minimum 5 years post-articles working experience.
• Minimum 2 years in a management role.

Responsibilities

• Full financial management and control function.
• Preparation of monthly consolidated management accounts.
• Management of the external audit process.

Skills

Leadership

Analytical skills

Communication

Numerical ability

Strategic Planning

Education

CA (SA) or CIMA

Tools

Microsoft Dynamics 365

Advanced MS Excel

Job description

Our client, a leader in the automotive manufacturing industry is seeking a highly experience Group Financial Manager to join their team based in Durban.

MINIMUM REQUIREMENTS

• Qualified CA (SA) or CIMA and completed articles
• Minimum 5 years post articles working experience
• Minimum 2 years management or supervision role
• Working experience in Microsoft Dynamics 365
• Excellent communication skills, both written and verbal
• Exceptional numerical ability
• Strong analytical, and leadership abilities
• Strong knowledge of IFRS, tax regulations, and compliance frameworks
• Advanced MS Excel skills

SKILLS

• Experience in the Manufacturing Industry
• Group reporting
• Cash flow Management
• Strategic Planning and Goal Setting
• Managing a team

MAIN JOB FUNCTIONS

• Full financial management and control function.
• Preparation of monthly consolidated management accounts.
• Preparation and compilation of quarterly board packs.
• Preparation of annual consolidated financial statements line with IFRS and the Companies Act.
• Preparation, analysis and review of operational and financial budgets and forecasts.
• Preparation and maintenance of capital budgets for existing operations and any new developments.
• Preparation, review, submission and management of all tax types i.e. Income Tax (final and provisional), VAT, STT and any other applicable taxes etc.
• Management of the external audit process and addressing technical issues.
• Stock Management
• Cash Flow Management
• Management of the internal audit process and addressing internal control issues.
• Provide technical (IFRS) insights and draft reports for new or potential corporate transactions.
• Implement and maintain a strong control environment and drive continuous improvement.
• Adhering to strict reporting deadlines.
• Check, verify and release electronic bank payments.
• Management of the Finance Team
• Financial review and analysis of all group entities.
• Financial modelling and valuations.
• Work closely with Exco and Stakeholders.
• Any other ad hoc projects and output that may be reasonably required from this role