Head of Finance

Ferva; South Africa; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A dynamic startup in South Africa is seeking a Financial Manager to oversee the financial health of the organization. This key role involves financial analysis, budgeting, reporting, and ensuring compliance. The ideal candidate will have a strong educational background in finance, with at least 5 years of experience in a relevant sector and excellent collaborative skills. Join us to help drive business growth through strategic financial initiatives.

Qualifications

• Minimum of 5 years of experience in finance or accounting, preferably in fintech.
• Strong knowledge of financial regulations and accounting standards.
• Ability to thrive in a fast-paced, dynamic environment.

Responsibilities

• Develop and implement financial strategies.
• Prepare and analyse financial statements and forecasts.
• Ensure accurate financial reporting and compliance.

Skills

Financial modeling

Budgeting

Analytical skills

Communication skills

Problem-solving

Education

Bachelor's degree in Finance, Accounting, or related field

MBA or CPA preferred

Tools

Accounting software

Financial management systems

Job description

About the job Head of Finance

As a Financial Manager, you will oversee the financial health of the group of companies, providing detailed financial analysis, budgeting, and reporting. You will play a crucial role in ensuring compliance, preparing for audits, and providing strategic insights to drive business growth. This role is essential in a dynamic startup environment, requiring adaptability, a hands‑on approach, and effective collaboration with various teams. You will also manage and internalise key financial functions, including accounts payable, accounts receivable, invoicing, payroll, VAT, local taxes, and annual filings.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
• Minimum of 5 years of experience in finance or accounting, preferably in the fintech or technology sector.
• Strong knowledge of financial regulations and accounting standards in multiple jurisdictions.
• Proficiency in financial modeling, budgeting, and forecasting.
• Experience with accounting software and financial management systems.
• Excellent analytical, problem‑solving, and decision‑making skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross‑functional teams.
• Ability to thrive in a fast‑paced, dynamic startup environment and adapt to changing priorities.

Key Responsibilities

Financial Planning & Analysis

• Develop and implement financial strategies.
• Prepare and analyse financial statements, reports, and forecasts.
• Lead the annual budgeting process and prepare monthly, quarterly, and annual forecasts.

Financial Reporting and Compliance

• Ensure accurate and timely financial reporting, including preparing investor reports and board packs.
• Ensure compliance with financial regulations and standards, and prepare for external and internal audits.
• Prepare financial statements in accordance with required standards.

Cash Flow and Working Capital Management

• Manage company cash flow and liquidity.
• Optimize working capital management.
• Develop strategies for effective cash utilisation.

Internalising Financial Functions

• Manage accounts payable and accounts receivable.
• Oversee invoicing processes and ensure timely collections.
• Handle payroll, VAT, local taxes, and annual filings in each required jurisdiction.
• Maintain audit readiness and compliance with financial regulations.

Strategic Financial Planning Initiatives

• Provide financial insights and recommendations to the management team.
• Support strategic initiatives with financial analysis and recommendations.
• Collaborate with the team on commercial models.
• Support fundraising efforts, including preparing financial projections and due diligence materials.

Monthly Reviews and Reporting

• Lead monthly reviews with the management team, presenting financial reports and insights.
• Identify areas for improvement and provide actionable recommendations.

How a Financial Manager is evaluated

• Maintain audit readiness and compliance with financial regulations.
• Deliver timely and accurate financial reports and forecasts.
• Effectively manage company cash flow and optimise working capital.
• Provide strategic financial insights that contribute to business growth.
• Maintain high ethical standards and build trust with stakeholders.
• Successfully lead and develop the finance team, fostering a culture of continuous improvement.
• Efficiently manage and internalise accounts payable, accounts receivable, invoicing, payroll, VAT, local taxes, and annual filings.