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Assistant Group Financial Director

2 months ago

Cape Town, Western Cape, South Africa IGrow Wealth Investments Full time
Job Summary

IGrow Wealth Investments, a leading property investment company, is seeking a highly skilled and experienced Assistant Group Financial Manager to support the Group Financial Manager in overseeing the financial operations of the company and its subsidiaries.

Key Responsibilities

Financial Reporting & Analysis

  • Assist in preparing and reviewing monthly, quarterly, and annual financial statements for the group and its subsidiaries, ensuring accuracy and timeliness.
  • Provide detailed financial analysis and performance reports, including profit and loss statements, balance sheets, and cash flow statements, to inform business decisions.
  • Ensure compliance with financial regulations and accounting standards.

Budgeting & Forecasting

  • Assist in the preparation and coordination of annual budgets and periodic forecasts, analyzing variances and identifying key trends and insights.
  • Provide input on financial strategies to improve the company's profitability and cash flow.
  • Develop and implement financial models to support business growth and expansion.

Audit & Compliance

  • Assist in coordinating external and internal audits, ensuring that audit processes are efficient and accurate.
  • Ensure compliance with financial regulations, accounting standards, tax laws, and company policies.
  • Help maintain the internal control environment, ensuring policies and procedures are adhered to across the group.

Treasury & Cash Management

  • Assist in managing the group's cash flow and liquidity to ensure financial stability and minimize risk.
  • Help oversee bank accounts and manage relationships with financial institutions.

Financial Operations

  • Support the management of accounting functions, including accounts payable, accounts receivable, and general ledger activities.
  • Ensure the accurate and timely processing of payroll, tax submissions, and other financial transactions.
  • Assist in developing and implementing financial systems and software to improve efficiencies and reduce costs.

Strategic Planning

  • Work closely with the Group Financial Manager in developing and executing financial strategies that support the overall goals of the group.
  • Contribute to financial modeling and analysis for strategic projects, mergers, acquisitions, and capital investments.
  • Assist in preparing presentations and reports for senior management and stakeholders.

Team Leadership & Development

  • Support and mentor junior finance staff within the group, providing guidance and training where necessary.
  • Assist in managing the performance of the finance team, ensuring productivity and compliance with company objectives.
  • Foster a collaborative and results-driven culture within the financial department.

Qualifications & Skills

  • Bachelor's degree in Accounting, Finance, or a related field (CPA/CA or equivalent qualification is highly desirable).
  • 5+ years of experience in financial management, accounting, or a related field, preferably in a group or multi-entity environment.
  • Strong knowledge of accounting principles (IFRS, GAAP) and financial regulations.
  • Proficiency in financial software and ERP systems.
  • Advanced Excel skills.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to work under pressure and manage multiple deadlines.
  • Strong interpersonal and communication skills, with the ability to interact with various stakeholders at different levels.

Key Competencies

  • Financial Acumen
  • Leadership & Team Management
  • Strategic Thinking
  • Analytical Skills
  • Communication & Presentation
  • Integrity and Ethical Judgment