Head of Finance and Commercial Mgt

4 weeks ago


Johannesburg, South Africa Set Consulting Full time

Head of Finance & Commercial Mgt - Asset Finance

Niche Bank seeks results orientated and strategic leader. Pivotal role in managing finance, accounting, reporting, forecasting and budgeting aspects for Asset Finance (Capital Equipment Finance - CEF). Oversee regulatory and tax functions. Provide sound input into the Strategy of the business.

Main Responsibilities:

  • Understand the financial, regulatory and compliance requirements of CEF.
  • Ensure accurate and complete financial records and Internal Financial controls.
  • Manage internal and external audit processes.
  • Consolidate business and Group reporting presentations of financial results to Manco, Business Banking and Group.
  • Represent the business on all related governance forums.
  • Work closely with Business Banking Finance Team, and Group Finance structures.
  • Represent the business on other forums and committees.
  • Support Head of Capital Equipment Finance and monitor cost of funding structure etc.
  • Manage and consolidate budget and forecasting processes.
  • Monitor key performance measures that support strategic direction.
  • Oversee the tax affairs of the Asset Finance division (CEF).
  • Participate in the implementation of strategic business plans.
  • Plan and manage the year-end process with external auditors.
  • Monitor capital and liquidity positions.
  • Oversee preparation of the consolidated financial information for Asset Finance (CEF).
  • Oversee and govern the General Ledger and Reporting Tools feeding the financial results
  • Review and approve monthly management accounts.
  • Calculate and review the monthly incentive calculations.
  • Prepare statutory reporting and Annual Financial Statements
  • Prepare group reporting.
  • Prepare half-year and year-end results.
  • Prepare the statutory financial statements and tax returns.
  • Participate in key decisions pertaining to strategic initiatives, operating plans and execution
  • Provide strategic guidance to Head of Asset Finance regarding corporate actions, potential acquisitions and transaction structuring.
  • Monitor the liquidity and solvency of the business unit.
  • Implement and evaluate internal controls.
  • Other key duties to be discussed at interview stage.

Qualifications and Experience:

  • Qualified CA.
  • 10 to 15 years experience in Financial Mgt in Asset Finance

Should you be interested in the opportunity:

  • Please submit your CV online. You will be directed to our database, Ditto.


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