Finance Manager

2 days ago

Cape Town, Western Cape, South Africa Lesedi Full time

PURPOSE OF ROLE

As the Finance Manager for Financial Accounting, you will be responsible for the full accounting function of our group of companies. In this role, you will focus on overarching finance operations while working alongside the Finance Manager: Projects Accounting. You will oversee a team of 6 permanent staff members, ensuring accurate and timely financial information for the entire group. This office-based position in Century City requires commitment to additional hours during month-end periods and as needed to meet deliverables.

KEY PERFORMANCE AREAS

Financial Operations Management

  • Serve as the main contact person for finance-related queries across the group
  • Manage the group's accounting department and review the work of bookkeepers
  • Manage Account Receivables
  • Approve payments and implement process improvements for finance procedures and internal controls
  • Consolidate group results and prepare month-end financial reports and Executive Committee packs
  • Perform other finance-related duties as required
  • Overall financial management of other smaller subsidiaries

Overhead Budgeting

  • Provide budgetary input to the Finance Manager: Projects Accounting for the annual budget

Treasury Management

  • Review daily and weekly cash flow requirements
  • Manage intercompany loan accounts and repayments to Lesedi Nuclear Services
  • Ensure sufficient cash availability in current accounts for payments
  • Support the preparation of cash flow forecasts for the group, with particular focus on overheads

Statutory and Tax Compliance

  • Manage external financial audits
  • Oversee income tax, VAT and employee tax calculations and submissions for all companies in the group
  • Coordinate filing and reviewing of tax returns with auditors
  • Handle SARS audits, SARB approvals, and FICA compliance
  • Maintain CIPC updates and declaration of annual duties

QUALIFICATION

  • CA (SA) or CIMA qualification (understanding of IFRS is crucial)

EXPERIENCE

  • 2 to 4 years post-articles experience, preferably in energy, engineering, construction and/or mining sectors
  • Practical application of accounting and ERP software in a business environment
  • Advanced level experience with Excel spreadsheets and formulas (pivot tables, complex formulas)
  • Experience in consolidations in line with IFRS

COMPETENCIES

Knowledge

  • Proven knowledge of International Financial Reporting Standards (IFRS)
  • Working knowledge of relevant legislative requirements related to the role
  • Understanding of sound financial management practices including planning, budgeting, monitoring, and control
  • Cash flow management expertise
  • Knowledge in South African tax

Skills

  • Competence in financial software applications
  • Knowledge of ERP systems (e.g., IFS, SAP)
  • Advanced computer literacy

Behaviours

  • Strong attention to detail and analytical thinking
  • Excellent problem-solving and decision-making abilities
  • High degree of integrity to create trust and respect amongst colleagues
  • Leadership skills to steer staff toward good performance results
  • Ability to develop staff members' full potential
  • Fair and objective assessment of staff performance
  • Effective communication skills to foster team cooperation
  • Accountability and methodical approach to setting objectives and managing time
  • Ability to establish priorities amidst conflicting internal requirements
  • Capability to manage a team with multiple competing priorities

Should you not hear from us within 21 days of the closing of the advert, kindly regard your application to have been unsuccessful.

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