Saypro Financial Controls Manager – Finance Department – Johannesburg, South Africa

Saypro; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A financial services group based in Johannesburg is seeking a Financial Controls Manager. The role is responsible for ensuring strong financial processes and maintaining compliance with regulations. Candidates should have 4-7 years of relevant experience and a BCom (Hons) or similar qualification. This position offers an exciting opportunity to influence financial integrity and drive process improvements within the organization.

Qualifications

• 4 – 7 years working experience in a finance environment.
• Experience with and exposure to controls and process improvements.
• Auditing experience; CA (SA) or CIA advantageous.
• Experience with finance automation and digital tools preferred.

Responsibilities

• Document, monitor and track control deficiencies.
• Review and analysis of processes and controls.
• Prepare the annual finance month end timetable.
• Develop and deliver training for business process operators.
• Support in coordination of the annual statutory audit.

Skills

Attention to Detail

Interactive Communication

Problem Solving

Business Perspective

Education

BCom (Hons) or similar financial qualification

Job description

Purpose

The Financial Controls Manager is responsible for ensuring robust financial processes and controls are documented, implemented, and adhered to across the Group. This role is pivotal in safeguarding the Group’s financial integrity, supporting strategic decision-making, and ensuring compliance with regulatory and internal requirements.

Experience and Qualifications

• BCom (Hons) similar financial qualification
• 4 – 7 years working experience in a finance environment
• Experience with and exposure to controls and process improvements
• Auditing experience
• CA (SA) or CIA advantageous
• Experience with finance automation and digital tools preferred

Key Accountabilities and Activities

• Attend to any projects delegated by the Group Financial Manager and ensure they are completed within agreed timelines.
• Ensure that policies and procedures are documented, reviewed, updated and filed accordingly.
• Review and analysis of processes and controls, identify weaknesses and provide recommendations on improvement.
• Document, monitor and track control deficiencies, perform root cause analysis and ensure remediation through to completion.
• Prepare the annual finance month end timetable for review by the GFM.
• Maintain and update the Finance Risk Register.
• Manage Finance Controls related projects.
• Analyse and identify automation opportunities and support with the implementation.
• Provide support to Business Services on ad hoc requests.
• Identify, assess, document and monitor business processes that affect the Group’s financial reporting, including the use of process narratives & flowcharts.
• Develop Group policies for controls and control objectives for core financial reporting processes.
• Develop and implement the controls testing process, including conducting reviews and testing of financial reporting controls compliance by process owners and monitoring remediation.
• Develop and deliver training and training materials for business process operators on a regular basis to build knowledge and understanding of risks and controls in the Group.
• Stay current on best practices and latest thinking regarding processes, risk management and controls.
• Provide ad hoc reports and status on above responsibilities.
• Preparation of monthly management accounts pack.
• Coordinate the consolidation of the monthly management accounts pack & finance related packs.
• Ensure all the inputs to the pack are received in time in order to meet the submission deadlines.
• Review the inputs and get any issues clarified and errors corrected.
• Continuously look for ways to improve the content and quality of the pack.
• Reimbursement Requisition Approvals – approve all South Africa reimbursement requisitions, ensure each claim is duly authorised and valid.
• Ensure each claim is allocated to the correct GL, department and or matter.
• Ensure all issues have been clarified and any errors corrected before approving.
• Month end Reports and 3 way Recons – run and analyse the month end system reports, ensure they are accurate and reconcile between GL and the respective sub ledger.
• Investigate and address variances accordingly.
• Prepare and manage the month end tracker for all reconciliations.
• Annual Audit and Preparation of Annual Financial Statements – support in the coordination of the annual statutory audit, address auditor queries and help ensure the audit is completed within the appropriate time frame.
• Adhoc Finance Reports requests – extract and prepare ad hoc reporting requests (e.g. Statistics South Africa; SARB) as per the set deadlines.
• Attend to and address any queries as and when they arise.
• Coordinate the process of improving finance related templates.

Competencies

• Attention to Detail
• Interactive Communication
• Problem Solving
• Business Perspective

Commitment

Bowmans is committed to achieving the objectives set in its transformation charter, and the targets in its employment equity plan. All recruitment decisions will be taken with due consideration being given to these objectives.