Finance Manager Reporting

4 weeks ago


Randburg, South Africa Planet10 Full time

Purpose of the Position:

  • Accountable for the financial reporting process for month-end close, half-year, year-end, forecasts, rolling forecasts and budget.

Key Performance Objective

  • Governance, Controls Policies
  • Identification of control weaknesses and recommendations for improvements and ensuring that the recommendations are implemented.
  • Monitor compliance to accounting policies.
  • Ensure compliance to policies, internal controls, and external audits.
  • Support internal audits and ensure that any findings are resolved.
  • Ensure that all external audit findings are addressed and relevant controls/remediations are implemented.
  • Assist in the improvement and development of processes and systems for accounting purposes.
  • Enforce governance of the intercompany policy and recommend policy enhancements.
  • Support the Finance Shared Services Innovation team in governance initiatives
  • Month end and Year end Reporting
  • Take responsibility for the month end and year end reporting to Board and Group
  • Lead the pre- and post- month end meetings to Senior Financial Manager and CFO
  • Provide direction, oversight, and management to the team. This includes working with the BP team to ensure that both SAP and HFM numbers are accurate and complete.
  • Take responsibility for updating the month end calendar and ensuring it agrees to Group timelines.
  • Work with business partners and other Finance Shared Services departments to ensure an accurate and efficient month end close.
  • Responsible for reviewing and approving journals and ensure accurate processing in SAP.
  • Analyse the trial balance and explanation/commentary for movements compared with previous months.
  • Ensure the accurate, complete, and timely accounting of intercompany transactions.
  • Supervise the effective and efficient accounting processes and management of intercompany.
  • Clear intercompany validations
  • Take responsibility for reviewing Balance Confirmation and Reconciliation of Accounts
  • Manage Intercompany Dispute Resolution, Funding and settlement
  • Consult with the Tax team on applicable matters related to month end close
  • Deliver timely and relevant analysis, insight, and actions.
  • Lead the year end pack reporting process and audit from Finance Shared Services
  • Prepare reporting packs and Financial Statements and disclosures at interim and year end; Assess disclosures required, create templates and automated reports.
  • Support the Annual Financial Statement process.
  • Manage external audit liaison, including audit requirements and follow up.
  • Review audit schedules and assist the auditors in their inquiries.
  • Represent the company during any audits that involve intercompany, journals and reconciliations.
  • Drive and monitor KPIs and implement initiatives to ensure improvements; Ensure that all relevant and strategic KPIs are reported.
  • Initiate and manage the improvement of processes such as month end and intercompany, and work towards standardization of relevant aspects such as reports, data analysis, etc.
  • Automate and streamline processes.
  • Responsible for the budget and forecast end-to-end process.
  • Manage submissions in HFM.
  • Compile relevant presentations for review by Senior Financial Manager and CFO, thereafter, submit to Group.
  • Manage communication of queries and scenario analysis
  • Support requests from the Investor Relations teams
  • Prepare and communicate budget timelines.
  • Manage the RFC process.
  • Manage the Monthly Cashflow Forecast (including treasury) process and tracking thereof.

Qualifications

  • Must be a CA (SA) or CIMA qualification.

Experience / Skills

  • Minimum 2+ years’ relevant experience in a similar role, post articles
  • 5-8 years’ working experience.
  • Detailed commercial and financial acumen, balanced with creative flair.
  • Industry understanding and experience would be advantageous.
  • Experience in Financial Reporting
  • Technical Competencies
  • Systematic and analytical skills
  • SAP system experience
  • Hyperion Financial Management
  • Advanced excel skills.
  • Financial reporting
  • Think cell PowerPoint presentations.
  • Strong Communication Skills Ability to work under tight deadlines and pressurised situations
  • Ability to work independently
  • Ability to think and move quickly in a dynamic fast moving environment
  • Excellent communication skills- upward, downward and lateral
  • Systematic and analytical

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