Group Financial Manager

Placements24

Mossel Bay

Hybrid

ZAR 1,200,000 - 1,800,000

Full time

4 days ago
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Benefits offered by this job

Hybrid work
Medical aid
Retirement fund
Relocation assistance
Career development

Job summary

Placements24 in Mossel Bay, Western Cape, seeks a Group Financial Manager to oversee consolidated financial reporting across subsidiaries. The role combines in-office collaboration with remote work days.

You will lead IFRS consolidation, budgeting, treasury, internal controls, and liaise with auditors, with a focus on profitability and regulatory compliance. Hybrid setup supports work-life balance.

Qualifications

  • Master's degree in Accounting or Finance with CA(SA)/ACCA/CIMA qualification.
  • Minimum 8 years of financial management experience, incl. group consolidation.
  • Strong IFRS knowledge and SA regulatory familiarity.
  • ERP experience and advanced Excel modeling skills.
  • Excellent leadership, communication and team management.
  • Hybrid work capability with in-office and remote days; SA work eligibility.

Responsibilities

  • Oversee consolidation of IFRS financial statements for group entities.
  • Develop and implement group-wide policies and internal controls.
  • Lead annual budgeting and forecasting across subsidiaries.
  • Monitor performance against budget and forecast with analyses.
  • Oversee cash flow, treasury and capital allocation across the group.
  • Ensure compliance with statutory, regulatory, and tax requirements.
  • Manage relationships with external auditors, bankers and stakeholders.
  • Drive efficiency improvements in financial processes and systems.
  • Provide financial guidance to subsidiary management teams.

Skills

Leadership
IFRS expertise
Financial modeling
Governance

Education

Master's degree in Accounting/Finance
CA(SA)/ACCA/CIMA

Tools

ERP systems
Excel (advanced)

Job description

About the Role

Our client, a reputable conglomerate with diverse business interests, is seeking a dynamic and experienced Group Financial Manager to oversee the financial operations of its subsidiaries. This hybrid role, based in Mossel Bay, Western Cape, offers a unique opportunity to contribute to the strategic financial direction of the entire group. The ideal candidate will possess strong leadership qualities, a comprehensive understanding of consolidated financial reporting, and a proactive approach to financial management. You will be responsible for ensuring financial stability, driving profitability, and maintaining robust internal controls across all entities. This position involves a mix of in-office engagement for key meetings and team collaboration, with the flexibility to work remotely on other days, promoting a healthy work-life balance.

Key Responsibilities
  • Manage and oversee the consolidation of financial statements for multiple group companies in accordance with IFRS.
  • Develop and implement group-wide financial policies, procedures, and internal controls.
  • Lead the annual budgeting and forecasting processes across all subsidiaries.
  • Monitor financial performance against budget and forecast, providing detailed analysis and actionable insights.
  • Oversee cash flow management, treasury functions, and capital allocation across the group.
  • Ensure compliance with all relevant statutory, regulatory, and tax requirements.
  • Manage relationships with external auditors, bankers, and other financial stakeholders.
  • Drive efficiency improvements in financial processes and systems across the group.
  • Provide financial guidance and support to subsidiary management teams.
Requirements
  • Master's degree in Accounting or Finance, with a professional accounting qualification (e.g., CA(SA), ACCA, CIMA).
  • Minimum of 8 years of experience in financial management, preferably with group consolidation and subsidiary oversight.
  • In-depth knowledge of IFRS and South African financial regulations.
  • Proven experience with ERP systems and advanced proficiency in financial modeling using Excel.
  • Strong leadership, analytical, and problem-solving skills.
  • Excellent communication and interpersonal abilities, with experience managing diverse teams.
  • Ability to thrive in a hybrid work environment, balancing in-office collaboration with remote autonomy.
  • Detail-oriented with a commitment to accuracy and meeting deadlines.
  • Must have the right to work in South Africa.
Benefits
  • Attractive salary package with performance-based incentives.
  • Hybrid work model offering flexibility and work-life balance.
  • Contribution to medical aid and a retirement fund.
  • Opportunities for career advancement within a growing organization.
  • Support for professional development and continuous learning.
  • Relocation assistance may be considered for the right candidate.
  • Scenic work environment in Mossel Bay, Western Cape.
  • Company-sponsored events and team-building activities.
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