Finance Manager Randburg

4 days ago

Limpopo, South Africa Bottomline IT Full time
Financial Manager

Bottomline IT is seeking a highly skilled and experienced Financial Manager to oversee our company's financial operations. The Financial Manager will be responsible for financial planning, budgeting, forecasting, financial reporting, and risk management. The ideal candidate will have a proven track record of success in financial management and possess excellent analytical, communication, and leadership skills.

Duties & Responsibilities
  1. Finance and Treasury Management
  • Maintain accurate financial records in accordance with IFRS.
  • Ensure that financial risks are identified and effectively managed through the implementation and monitoring of appropriate accounting procedures (aligned with IFRS), sound internal controls, and good governance structures.
  • Ensure that the organization's core finances are managed and accounted for in an effective and transparent manner.
  • Review the effectiveness of the accounting and reporting systems on an ongoing basis to identify areas for enhancement or improvement.
  • Prepare relevant and accurate monthly management accounts for submission to the relevant stakeholders including the CFO and executive management team, as well as address any queries raised.
  • Oversee the full accounting functions including the income statement, accounts receivable, accounts payable, and all assets.
  • Ensure that the organization has adequate short-term and professional indemnity insurance cover.
  • Manage the full payroll function.
  • Manage compliance with all relevant SARS registrations and requirements (monthly, bi-annually, and annually).
  • Manage compliance with all relevant CIPC registrations and filing requirements.
  • Provide organizational staff with efficient and effective support/assistance.
  • Assist with finance staff training and development to ensure that the team has up-to-date awareness and knowledge of best practice and financial matters.
  • Work in partnership with the Projects and Funder Team Lead and Executive to ensure a fully integrated and efficient finance function.
  • Manage the core finance team including managing all team deadlines, delegating as necessary, managing work allocation, and approving any staff leave.
  • In collaboration with the CFO, effectively manage all cash flows to meet the organizational needs.
  • Liaise and manage the existing relationship with the organization's bankers.
  • Review all Electronic Funds Transfer (EFT) payments weekly.
  • Ensure that all source documents are appropriately filed, and files are properly labelled to facilitate the easy retrieval of documents.
Budgets and Forecasts
  • Assist the respective business units with the preparation of their annual budgets including assessing the accuracy and reasonableness thereof.
  • In collaboration with the CFO, prepare the organization's consolidated annual budget, as well as the half-year review and forecast.
  • Monitor monthly actual expenditure against budgets and activities, identifying variances and ensuring that the necessary follow-up action is taken.
  • Prepare timeous and accurate financial reports for submission to the CFO, executive management team, and the board of directors.
Financial Statements and Audits
  • Lead and manage the preparation of the organization's annual financial statements.
  • Manage the existing relationship with the organization's external auditors.
  • Undertake audit preparations to ensure an efficient, effective, and successful audit process.
  • Ensure that audit findings are timeously resolved, prior to the commencement of the next audit.
Contract and Procurement Management
  • Work in partnership with the Procurement & Contract Managers to monitor and ensure compliance with the organization's Procurement Policy and related procedures.
  • Ensure that organizational spending is undertaken inline with the organization's Procurement Policy and with due regard for value-for-money.
  • Identify areas for potential cost savings.
  • Assist with the development and review of procurement policies and procedures on an ongoing basis to identify areas for enhancement.
  • Provide support to the Sales & Customer Success Managers with tender processes, including the development of tender dossiers.
Desired Experience & Qualification
  1. A BCom in Financial Accounting or Financial Management.
  2. Completed articles with an accredited audit firm.
  3. Membership with either SAICA, ACCA, or CIMA would be advantageous.
  4. Proficiency in SAGE People and accounting software.
  5. Minimum of 5 years work experience in an audit, accounting, or core finance environment.
  6. Minimum of 2 years management experience (people and/or otherwise).
  7. Experience in the ICT sector would be advantageous.
  8. Able to establish and maintain sound relationships with key stakeholders.
  9. Able to provide the inspiration, direction, and incentives required for team success.
  10. Able to create an environment conducive to learning and development.
  11. Able to embrace diversity and ensure fairness.
  12. Able to focus on optimizing own and others' energy to drive results.
  13. Able to use analysis, logic, innovation, experience, skill, and knowledge to solve problems.
  14. Able to express oneself effectively verbally and in writing in the English language.
  15. Able to demonstrate strong conviction in own judgment and actions.
  16. Able to use discretion and deal with sensitive information in a confidential and professional manner.
  17. Advanced proficiency in MS Office - including Word, Excel, PowerPoint, and Outlook.
  18. Excellent interpersonal skills and a high degree of emotional intelligence (EQ).
  19. Strong planning and organization skills.
  20. Strong attention to detail.
Interested?

If you are interested in this position, please apply now.

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