Group Financial Director
1 day ago
We are seeking a highly skilled Group Financial Manager to join our team. As a key member of the finance department, you will play a crucial role in overseeing all financial activities across the organization.
Main Responsibilities- Oversight and management of the group's finance department and functions.
- Ensures effective review and outcome of KPI's and training programmes, driven by strategy.
- Drives integration and coordination between internal departments.
- Key support to Senior accounting as well as project and cost accounting functions.
- Maintain and implement internal controls, governance, and compliance to ensure the integrity of financial transactions.
- Implementing and maintaining effective risk management strategies to mitigate financial risks.
- Active participation in business processes optimization with effective outcomes to improve efficiency.
- Key support to project managers to ensure successful execution.
- Preparing month-end financial reports including external and internal stakeholders, such as the Board of Directors, shareholders, the Executive Committee, Divisional Profit & Loss owners, and Project Managers.
- Provides insights and analysis of monthly financial results.
- Preparation of budgets and rolling forecasts as process owner.
- Preparation of cash flow forecasts as process owner.
- Consolidation of the group results.
- Guide and assist internal stakeholders on revenue recognition requirements and principles in line with IFRS15 and stage of completion measurement principles.
- Participate in the management of the ERP system.
- Utilization of the ERP system effectively to perform daily, monthly, and annual tasks.
- As custodian of the process, ensures that the financial data provided by the ERP is at all times accurate and reflective of commercially agreed terms and conditions, compliant with IFRS reporting requirements, relevant in terms of the business reporting requirements, and adheres to internal controls and governance rules.
- Applies innovative and technology-driven solutions to enable the ERP and Business reporting Tools to support the organization.
- Plans and executes the annual financial audit in conjunction with the external auditors.
- Maintain relationships with external auditors.
- Ensures compliance with tax laws and regulations.
- Performs and reviews Income Tax calculations for all companies in the group.
- Review of monthly VAT filings.
- Performs Dividend tax calculations.
- Coordination with external tax advisors.
- Assists in compliance with SARB regulations.
- Review and advise on implications of cross-border transactions.
- Participates in the review of the group insurance portfolio.
- Monitor banking and other key relationships.
- Assists in the review and assessment of terms and conditions of facilities.
- Enables the bonds and guarantee process.
- Ensures the effective functioning of the banking system.
- Utilization of the Banking platform effectively to execute transactions.
This position plays a vital role in driving the company's strategic growth and development.
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