Group Financial Manager R60K Ctc

Acumen Resources Development (Pty) Ltd.; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services firm situated in Sandton is seeking a Group Financial Manager. The ideal candidate will manage cash flow forecasts, analyze financial variances, and oversee budgeting processes. A Bachelor's degree in Financial Accounting and at least 2-3 years of relevant experience is essential. Strong analytical skills and advanced Excel proficiency are required, along with the ability to communicate complex financial concepts clearly.

Qualifications

• 3 years article with medium size firm.
• Minimum of 2 to 3 years commercial experience.
• Must be able to work under pressure.

Responsibilities

• Perform and update cash flow forecasts regularly.
• Analyze variances between forecasts and actuals.
• Oversight of annual budgeting process.

Skills

Advanced excel

Financial modelling

Analytical skills

Good communication skills

Attention to detail

Education

Bachelor's degree in Financial Accounting

Job description

Client in the Automotive sector, Situated in Sandton, seeks a Group Financial Manager.

Responsibilities

• Performing and updating of cash flow forecast on a daily / weekly / monthly basis: Accurate and timeous reporting on cash flow forecast
• Analysis of variances between forecast and actual cash flow, to mitigate potential risk
• Daily / weekly / monthly checking of foreign procurement department: Reconciliation of foreign suppliers
• Reconciliation of foreign exchange variances
• Checking of foreign purchases against supporting documentation
• Overseeing the annual budgeting process including rolling budgets / forecasts
• Providing support to the Group CFO and operational finance team as and when required

Desired Experience & Qualification

• Bachelors' degree in Financial Accounting (or similar)
• 3 Years article with medium size firm
• Minimum of 2 to 3 years commercial experience
• Advanced excel
• Proficiency in financial modelling, forecasting, and analysis
• Good communication skills, with the ability to distil complex financial concepts into clear, concise insights
• Strategic mindset to identify opportunities and mitigating risks
• Excellent analytical skills with the ability to translate complex financial data
• Attention to detail and accuracy
• Experience with foreign creditors and foreign exchange (advantageous)
• Up to date knowledge of full IFRS (advantageous)
• Must be able to work under pressure
• Must be self-motivated
• Must be able to work alone and in a team environment