Group Financial Reporting Manager

Professional Recruitment Network; Stellenbosch; On-site; ZAR 600 000 - 1 000 000; Full time

Job summary

An established industry player is seeking an experienced Group Financial Reporting Manager to enhance financial excellence within their organization. This pivotal role involves leading the preparation of consolidated financial statements, ensuring compliance with IFRS, and managing audit processes. The ideal candidate will be a qualified CA(SA) with a minimum of five years' experience in financial reporting and consolidations, thriving in a dynamic environment. With a focus on strong leadership and innovative process improvements, this position offers the opportunity to make a significant impact on the finance team and contribute to strategic decision-making through accurate reporting and data analysis.

Qualifications

• Qualified CA(SA) with 5+ years in financial reporting and consolidations.
• Strong knowledge of IFRS and audit management.

Responsibilities

• Lead preparation of consolidated financial statements in compliance with IFRS.
• Oversee audit processes and manage relationships with external auditors.
• Develop strong internal controls and support budgeting and forecasting.

Skills

Financial Reporting

IFRS Compliance

Consolidation Processes

Audit Management

Analytical Skills

Leadership

Problem-Solving

Data Analysis

Education

CA(SA)

Tools

Sage X3

Oracle

Excel

Job description

Our client is recruiting for an experienced and dynamic Group Financial Reporting Manager to join their finance team. The successful candidate will play a pivotal role in driving financial excellence across the organisation.

Reporting directly to the CFO, this critical role offers the opportunity to lead the preparation of the Group's consolidated financial statements, oversee compliance with IFRS, and ensure the integrity of financial reporting processes.

As the Group Financial Reporting Manager, you will take ownership of key functions, including Group consolidations, external audit coordination, and the management of the fixed asset register. Your expertise will be essential in maintaining robust internal controls, optimizing financial systems, and supporting strategic decision-making through accurate reporting and data analysis.

This is an ideal position for a qualified CA(SA) with at least five years of relevant experience in financial reporting and consolidations, who thrives in a fast-paced, multi-entity environment. The successful candidate will possess a deep understanding of IFRS, exceptional problem-solving skills, and the ability to lead and inspire a high-performing finance team.

Responsibilities include:

Financial Reporting:

• Preparing and managing the Group's consolidated financial statements in compliance with IFRS or relevant GAAP standards
• Ensuring timely and accurate monthly and annual financial reporting
• Coordinating and overseeing the preparation of financial reports for regulatory filings

Consolidation Processes:

• Leading the consolidation process for multiple entities within the Group, ensuring intercompany eliminations and accurate reporting
• Maintaining and enhancing the financial consolidation system and procedures to improve efficiency and accuracy

Audit and Compliance:

• Managing relationships with external auditors and ensuring the smooth execution of the annual audit process
• Ensuring compliance with all statutory and regulatory reporting requirements across the Group

Fixed Asset Register Management:

• Overseeing the management and maintenance of the Group's fixed asset register
• Ensuring timely capitalisation, depreciation, impairment assessments, and disposals are accurately recorded in the fixed asset register
• Collaborating with operational teams to track physical assets and reconciling discrepancies

Internal Controls and Governance:

• Developing, documenting, and maintaining strong internal control systems to safeguard financial integrity
• Providing recommendations for improving financial and operational processes to enhance controls and reduce risks

Budgeting and Forecasting Support:

• Working closely with Financial Managers and Department Heads to provide data for budgeting, forecasting, and strategic planning
• Monitoring and analysing financial data to support decision-making and highlighting key trends

Requirements:

• Qualified CA(SA)
• Minimum of 5 years relevant experience, including Group financial reporting, consolidations, and audit
• Proven track record of managing external audits and working with senior leadership
• Strong technical knowledge of IFRS and other relevant accounting standards
• Proficiency in financial reporting systems and advanced Excel skills
• Excellent analytical and problem-solving skills
• Strong leadership and team management abilities
• Experience with ERP systems, particularly Sage X3, Oracle, or a similar platform
• Passion for innovation and process improvement within financial reporting functions