Junior Financial Manager

Talent on Tap; Soweto; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leading telecommunications company seeks an Assistant Financial Manager to join its finance team. The ideal candidate will oversee financial health and compliance, prepare financial reports, and drive operational efficiencies. This role offers an exciting opportunity for growth within a dynamic industry.

Qualifications

• 5+ years of experience in a finance role, preferably in telecommunications.
• Strong analytical and numerical skills.
• Excellent teamwork and communication skills.

Responsibilities

• Prepare monthly management accounts and annual financial statements.
• Oversee accounts payable and receivable.
• Ensure compliance with financial regulations and standards.

Skills

Financial Management

Compliance

Financial Analysis

Education

Degree in Accounting

Tools

Financial software

ERP systems

Job description

The Assistant Financial Manager is a key member of the finance team, reporting to the Head of Finance, and plays a critical role in overseeing the financial health and compliance within the telecommunications industry. They work closely with the Head of Finance to ensure accurate financial reporting, budgeting, and adherence to financial regulations. The successful candidate will provide leadership, vision, and guidance to the finance team, driving financial growth and operational efficiencies.

Financial Reporting and Analysis:

• Prepare monthly management accounts and assist with the preparation of the annual financial statements in compliance with industry standards.
• Analyze financial data to identify trends and variances.
• Assist the Head of Finance in preparing financial results and recommendations for presentation to the executive team and board, articulating financial performance and key metrics in an understandable format.

Operational Financial Management:

• Oversee accounts payable and receivable.
• Reconcile financial records and bank statements.
• Ensure timely processing of invoices, payments, and collections.
• Maintain the control environment and ensure policies, procedures, and compliance are maximized.

Regulatory Compliance and Governance:

• Ensure compliance with financial regulations and standards specific to the telecommunications industry, including IFRS and other regulatory frameworks.
• Assist in external audits by providing necessary documents and explanations.
• Manage tax compliance, policies, and procedures.

Cost Control and Expense Management:

• Identify cost-saving opportunities and efficiency improvements.
• Assist in expense tracking and ensuring adherence to budgets.

Team Leadership and Development:

Lead, mentor, and develop a high-performing finance team, fostering a culture of accountability, excellence, and continuous improvement.

Stakeholders:

• Act as the primary point of contact for financial matters with internal and external stakeholders. Serve as a key liaison alongside the Head of Finance in interactions with stakeholders.

Skills and Experience:

• A degree in Accounting; audit articles are highly advantageous.
• 5+ years of experience in a finance role, preferably within the telecommunications or technology industry.
• Strong analytical and numerical skills, with a solid understanding of accounting principles and financial regulations, including telecommunications regulatory frameworks.
• Proficient in financial software and ERP systems, with keen attention to detail and accuracy.
• Excellent teamwork, written, and verbal communication skills, with the ability to convey complex financial data to non-financial stakeholders.

Desired Skills:

• Financial Management
• Compliance
• Financial Analysis

Desired Work Experience:

• 2 to 5 years in Middle/Department Management

Desired Qualification Level:

• Degree

About The Employer:

Established Telco