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Assistant Finance Manager

2 months ago

Durban, South Africa Adapt IT Group Full time

Job category: Banking, Finance, Insurance. Stockbroking

Location: Durban

Contract: Permanent

EE position: Yes

About our company

A provider of leading specialised software and digitally-led business solutions that assist clients across targeted industries.

Introduction

The assistant finance manager will be responsible for management reporting for the group using primarily the Board and BPC reporting tools, together with all aspects of reporting to Adapt IT’s shareholder Volaris. The assistant finance manager will further be responsible for the execution of finance functions as delegated by Senior Finance Manager.

Responsibilities

BOARD reporting

- Perform the day to day functioning and maintenance of the Board reporting tool.

- Maintain full admin responsibility for the system maintenance and functioning.

- Provide training and assistance to users of Board, providing and maintaining an up to date how to guide.

- Work with the EPM team when required to build further functionalities and test the system.

- Bi-annually review of User access/licenses.

- Review the group results on Board and drive continuous improvement in reporting.

- Monthly preparation and review of Board to BPC (Volaris reporting platform) recons and investigate differences and take corrective action if required.

- Run intercompany differences report and follow up with respective parties to clear.

- Responsible for the accuracy and data integrity on BOARD compared to the underlying ERP systems and the BPC platform.

- Report system issues, document process and results.

Volaris reporting

- Overall responsibility for Volaris monthly, quarterly and annual reporting, driving performance through the divisional and group finance teams.

- Ensure all Volaris reporting deadlines are met, tracking for progress and escalating appropriately to meet deadlines.

- Upload of monthly results from Board to Great Plains.

- Preparation and review of quarterly tax provision packs.

- Review and maintenance of the Adapt IT Group BPC structure and drive continuous improvement in the reporting.

- Monthly preparation and posting of Volaris top side entries, maintaining detailed calculations.

- Completion and maintenance of Volaris IFRS 16 schedules, and any other IFRS schedules as may be required from time to time.

- Preparation of reconciliations in Blackline system.

- Co-ordination of the internal and external audit requests, mainly from Volaris.

- Monthly, quarterly and annual completion of Volaris reporting deliverables.

- Preparation of Volaris quarterly board reports and papers.

- Driving the Board to BPC integration, together with the full integration of the underlying ERP systems to Board.

- Assisting with the integration of new acquisitions ensuring compliance with the Volaris policies.

Minimum Requirements

- BComm Accounting (with honours and articles served preferable).

- Experience in using financial accounting/consolidation systems.

- Experience in MS packages with advanced excel skills.

- Minimum 5 years experience.

- Written and spoken English.

- Technical skills: IFRS (focus on group accounting) and Taxation.

Personal Attributes

- Focused and results oriented, driven by excellence and a change agent.

- Strong analytical ability to interpret financial information.

- Strong level of accuracy and self-review.

- High level of self-discipline and responsible individual.

- Ability to drive projects from start to completion.

- Excellent organisational skills, attention to detail and pro-active decision making.

- Ability to work under pressure, multi-tasking at times and adhere to strict deadlines.

- Ability to manage group processes that involve building relationships with divisional Finance Managers.

- Effective communicator at all levels and ability to work collaboratively with transparency.

- Demonstrating exceptional financial prowess, taking time to build deep knowledge of the business.

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