Group Financial Manager

4 weeks ago

Johannesburg, South Africa HR Genie Full time

Our client is looking for a Group Financial Manager to join their team. To provide an accurate account keeping function for the purposes of reliable financial reporting as well as strategical support to Chief Financial Officer.

Responsibilities:

  • To ensure that all stipulated financial deadlines are adhered to, to mitigate risk of late financial reporting.

  • Effective mentorship and management of all staff within the Corporate Finance department to ensure deadlines and KPIs are achieved.

  • Provide mentorship and direction within the finance departmentby communication clear objectives, coaching, supervising, developing and providing technical assistance as well as staff planning and team management/oversight.

  • Maintain integrity of companys ledgers through regular reviews of monthly reconciliations.

  • Prepare Statutory Accounts.

  • Planning and strategy to ensure achievement of the monthly finance reporting deadlines.

  • Oversee statutory reporting including preparation of provisional and annual corporate tax computations and CIPC returns, ensuring adherence to statutory reporting deadlines.

  • Manage month end process.

  • Review / prepare Finco and Management reports and present to CFO.

  • Draft commentary on management report.

  • Update and upkeep of fixed asset register.

  • Prepare and manage the budget and forecast compilation including monthly reforecasts.

  • Prepare and report on the monthly variance analysis.

  • Take ownership of group reporting and consolidation.

  • Monitor cash flow and attend weekly cashflow meetings/forecasts.

  • Facilitate annual audit.

  • Review payroll.

  • Compile annual budgets.

  • Doing weekly/ Monthly internal auditing and implementing improvements.

  • Ensure compliance with all internal controls and processes.

  • Any other responsibility that may be required, but not necessarily detailed above, for the smooth running of the department.

Key Skills:

  • Ability to analyze financial data, trends, and performance metrics to provide insights and recommendations to senior management for decision-making.

  • Proficiency in developing and managing budgets, as well as forecasting future financial performance based on market trends, historical data, and business projections.

  • Experience in preparing and presenting accurate and timely financial reports to stakeholders, including management, investors, and regulatory authorities.

  • Capability to align financial strategies with overall business objectives and long-term goals of the organization.

  • Understanding of financial risks and the ability to develop strategies to mitigate them, including currency risk, interest rate risk, and market volatility.

  • Strong leadership skills to manage and motivate a team of finance professionals, delegating tasks effectively and fostering a collaborative work environment

  • Knowledge of relevant financial regulations and compliance requirements, ensuring the organization operates within legal and regulatory frameworks.

Qualifications:

  • This is a senior manager position.

  • Must be a qualified CA (non-negotiable)

  • 4 to 5 years post articles experience within a group structure

  • Strong consolidations experience

  • Must have Xero and draft Worx experience.

  • Strong Microsoft Excel skills

  • Ability to work in a highly pressured and fast paced environment.

  • FMCG experience will be an advantage.

  • In depth understanding of stock management and costing

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