Finance Director

3 weeks ago

Cape Town, Western Cape, South Africa Lula Full time
About the Role

We are seeking a highly skilled and experienced Finance Manager to join our dynamic finance team at Lula. As a key member of our team, you will play a crucial role in developing and maintaining robust internal controls, ensuring accurate and timely reporting, and navigating Lula through its statutory audit.

Key Responsibilities
  • Lead and manage a small highly efficient team of Financial Accountants, providing guidance and support to achieve departmental objectives.
  • Conduct detailed reviews of month-end accounts to ensure accuracy and completeness.
  • Oversee and guide the preparation of our monthly advance register.
  • In collaboration with the Head of Group Finance, prepare monthly reporting and insights to the CEO.
  • Review and ensure the accuracy of monthly, quarterly and annual reporting to shareholders, debt funders and joint venture partners.
  • Manage Local and foreign supplier payments and monitor cash flow.
  • Ensure compliance with tax regulations, including SARS submissions and addressing any queries.
  • Identify and implement improvements to internal control.
  • Coordinate and act as the primary contact for the statutory audit process.
  • Review monthly payroll prepared by People Operations to ensure its accuracy.
  • Drive initiatives to enhance existing automation and streamline financial recording and reporting.
Project Work
  • Serve as a finance business partner providing financial information, tools, analysis and insights to other business units. Challenge their assumptions, assist in making informed decisions, and drive business strategy.
  • Source, analyse, and interpret relevant data, presenting findings to cross-functional teams. An example includes reviewing credit provisioning results and analysing performance metrics.
  • Guide the development and implementation of IFRS accounting standards and disclosure including IFRS 9 ECL.
Requirements
  • Exceptional Leadership: Proven ability to inspire, mentor, and guide finance team members toward achieving departmental and company goals. Experience in fostering a collaborative and high-performing team environment.
  • Time Management: Excellent skills in managing self and prioritising tasks under tight deadlines. Proficient in creating and maintaining organised schedules and workflows.
  • Financial Reporting Expertise: Proficiency in preparing accurate reports, analysing financial data, and effectively communicating financial information to various stakeholders.
  • Effective Communication and Collaboration: Confident in communicating with stakeholders, presenting financial findings, and working collaboratively with cross-functional teams.
  • Analytical and Problem-Solving Abilities: Strong analytical skills to interpret data, identify trends, and resolve issues in the reporting process.
  • Self-Starter: Ability to drive change and improvements in a start-up environment, adapting to evolving controls and processes.
  • Strong Interpersonal Skills: Proven history of fostering effective team dynamics and working collaboratively across departments.
  • High Performance: Demonstrated track record of delivering quality results and achieving high performance in previous roles.
Preferred Qualifications
  • Grade 12/Matric achieved
  • CA (SA) qualification with 2-3 years experience as a Finance Manager
  • Experience in a fast-paced financial services environment, demonstrating adaptability and agility
  • Extensive experience in financial reporting and analysis
  • Proficiency with Xero or similar accounting systems
  • Proven experience in leading and developing a small team of Accountants
  • Successful track record of managing audits through to completion
  • Experience with SARS submissions and adherence to deadlines and regulatory requirements
  • Advanced Excel skills, SQL expertise is a plus
  • Previous experience in a start-up environment preferred

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