Operational Finance Manager

Placement Point; Gauteng; On-site; ZAR 800 000 - 1 100 000; Full time

Job summary

A well established business in Bryanston is seeking an Operational Finance Manager. The role involves preparing financial statements, managing statutory audits, and ensuring compliance with B-BBEE regulations. Candidates must possess a Bachelor's degree in accounting or finance and relevant management experience. This position offers a leadership opportunity in a collaborative finance environment.

Qualifications

• Minimum 5-7 years of progressive finance experience, with at least 2 years in a management role.
• Proven experience in managing full financial functions and statutory audits.
• Demonstrated experience with B-BBEE compliance management.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements.
• Manage the end-to-end statutory audit process.
• Lead and direct Accounts Receivable and Accounts Payable Managers.

Skills

Financial statements preparation

Statutory audit management

B-BBEE compliance

Leadership and direction

Risk management

Education

Bachelor's degree in accounting, Finance, or Commerce

Professional designation CA(SA) or CIMA

Job description

DUTIES

A well established business based in Bryanston, requires a Operational Finance Manager. Assist in Preparing accurate monthly, quarterly, and annual financial statements and management reports. Preparation of the monthly covenant reports. Including preparation of High‑Risk balance sheet items: Bank, Vat, Accruals, other debtors and Tax accounts. Review of teams Balance sheet Recons (AP / AR and other). Approval and review of Purchase orders per the approval matrix (Sage system) / (ConnectWise). Ticket management with the team (CRM / ConnectWise). Work with Group FM and Payroll accounts to review the payroll reconciliation (income statement to payroll system) and payroll balance sheet accounts. Assist with the budgeting, forecasting, and variance analysis processes. Ensure timely submissions of VAT, PAYE, income tax, and other statutory returns (SARS) / (ICASA). Oversee working capital management, including accounts payable, accounts receivable, and cash flow reporting. Ensure compliance with the Companies Act and other statutory financial regulations.

Statutory Audit & Compliance

Manage the end‑to‑end statutory audit process, acting as the primary liaison with external auditors, ensuring timely submissions, resolving audit queries, and implementing corrective actions. Maintain a complete and accurate audit trail for all financial transactions and supporting documentation. Develop, implement, and monitor internal control systems to safeguard company assets and ensure financial accuracy. Regularly review and improve finance policies, procedures, and controls to enhance efficiency and mitigate risks.

B-BBEE Compliance

Manage and monitor all B‑BBEE elements relevant to the business, including ownership, management control, skills development, enterprise & supplier development, and socio‑economic development. Coordinate the annual B‑BBEE verification process with external verification agencies. Maintain documentation and evidence required for B‑BBEE audits. Advise leadership on initiatives to improve and sustain the companys B‑BBEE level. Track and report on B‑BBEE scorecard progress and support HR and procurement in strategic implementation.

Insurance and Risk

Manage company insurance portfolio (assets, liability, business interruption, etc.). Ensure adequate insurance coverage is maintained for all company risks and assets. Liaise with insurance brokers, review policies, renewals, and claims management. Develop internal risk registers and assist with enterprise risk management reporting.

People Leadership

Provide leadership and direction to the Accounts Receivable and Accounts Payable Managers. Set clear performance objectives, conduct regular performance reviews, and identify training and development needs. Ensure timely processing of customer receipts and supplier payments in alignment with company policies. Promote a high‑performance, collaborative, and compliant finance environment.

REQUIREMENTS

Bachelors degree in accounting, Finance, or Commerce (mandatory). Professional designation CA(SA) or CIMA) preferred. Minimum 57 years of progressive finance experience, with at least 2 years in a management role. Proven experience in managing full financial functions, statutory audits, and regulatory compliance. Demonstrated experience with B‑BBEE compliance management and audit preparation. Knowledge of insurance administration and risk principles. Prior experience in leading and managing finance teams.