Group Reporting Manager (Finance)

Clicks Group; Cape Town; On-site; ZAR 700 000 - 900 000; Full time

Job summary

A leading retail company in Cape Town is seeking a financial management professional to ensure effective delivery of financial information and oversee statutory reporting. The ideal candidate will be a Chartered Accountant with at least 5 years of finance experience in a listed environment, capable of managing budgets and providing coaching to the finance team. This role offers an opportunity for impactful contributions within a well-structured organization, adhering to statutory requirements and frameworks.

Qualifications

• Chartered Accountant is essential.
• 5 years' experience in a finance department or professional services firm preparing listed financial statements.
• 5 years' experience performing a management function within a head office environment of a listed company.
• Knowledge of working on different accounting systems.
• Knowledge of International Financial Reporting Standards.

Responsibilities

• Ensure effective delivery of financial and non-financial information.
• Manage and oversee the statutory financial reporting process.
• Oversee the budgeting and forecasting process.
• Assist with ad-hoc reporting and analysis.
• Provide coaching and mentorship for future development.

Skills

Excel

SAP

Interpersonal skills

People Management skills

Negotiation skills

Time management skills

Planning skills

Communication skills

Leadership skills

High level verbal and written skills

Education

Chartered Accountant

Tools

SAP EPM

SAP SAC

Job description

Position Summary

Industry: Wholesale & Retail Trade

Job category: Financial Management

Location: Cape Town

Contract: Permanent

EE position: Yes

Introduction

To ensure the effective delivery of relevant financial and non-financial information of the Group and the efficient transactional processing for the retail businesses in accordance with relevant frameworks and legislation; and support the Head of Group Finance in overseeing efficient delivery by the Group Finance, Group Service & Working capital functions.

Job Objectives

• To ensure the finance department delivers on the information requirements of the group that are relevant, reliable and timeous according to agreed SLA
• To ensure the continuous assessment and communication of the impact of changes in the accounting treatment and of non-routine transactions, which has a material impact on earnings or substantive change in disclosure in accordance with IFRS
• Manage and oversee the statutory financial reporting process, including liaising with the auditors and management of the signing process.
• To ensure effective financial reporting in compliance with statutory and JSE requirements in order to provide appropriate disclosure of information to relevant stakeholders.
• Manager and oversee the budgeting and forecasting process from inception to completion including:
• Ensure the budgeting tool is ready for use and users are trained accordingly.
• Actively manage the planning and submissions.
• Consolidate the business units to produce a consolidated group budget.
• Ensure all deadlines are met.
• Review the brand budget submissions to ensure that the budget aligns to the group strategy.
• Oversee the fixed asset process from initiation to reporting, including capex processes and management of the fixed asset register.
• Manage lease accounting (IFRS 16) for the group, including the treatment of transactions, reconciliation of accounts and financial statement disclosure.
• Manage lease accounting insurance portfolio for the group, including the renewal process and claims.
• Assist with ad-hoc reporting and analysis.
• To ensure effective people management and their development in line with Group HR strategy and departmental needs
• To ensure the provision of efficient and cost-effective transactional processing capabilities for the retail businesses in accordance with SLA's
• To ensure the optimal use of information and resources with a view to improvement in process compliance and business practices
• To ensure that SLA's are developed, implemented and regularly reviewed to ensure relevance and effectiveness.
• To ensure that the Group’s working capital control processes are well maintained and oversee the review process of working capital accounting principles and significant group provisions.
• To oversee the monthly reporting of Group Services Finance department including the expense base review, cost allocations, reconciliations (payroll) and budgeting.
• Identify and implement improvements within the finance control environment.
• Assist in delivering long term objectives and goals.
• Provide coaching and mentorship for future development

Job Related Knowledge

• Knowledge of working on different accounting systems
• Knowledge of International Financial Reporting Standards
• Practical knowledge of budgeting
• Knowledge of statutory requirements
• Relevant knowledge of Companies Act
• Cash flow management
• Budgeting

Job Related Skills

• Computer Literacy, Excel, SAP, SAP EPM and SAP SAC (or equivalent)
• Interpersonal skills
• People Management skills
• Negotiation skills
• Time management skills
• Planning skills
• Communication skills
• Leadership skills
• High level verbal and written skills

Job Experience

• Articles with major accountancy firm
• 5 years' experience in finance department or professional services firm preparing listed financial statements
• 5 years' experience performing a management function within a head office environment of a listed company

Minimum Requirements

Qualification:

• Chartered Accountant (Essential)

Job Related Competencies

• Leading and Supervising
• Analysing
• Planning and OrganisingDeciding and Initiating Action
• Working with People
• Adhering to Principle and Values
• Writing and Reporting
• Creating and Innovation
• Coping with Pressures and Setbacks
• Entrepreneurial and Commercial Thinking