Senior Financial Manger

2 weeks ago

Durban, South Africa Tower Group Full time

**SENIOR FINANCE MANAGER**

***

An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to be part of the finance department and provide financial management, accounting, compliance, and business support within our growing, dynamic institution.

***
- Implement the Finance Divisions Strategy in accordance with best practice and manage the day-to-day operations.
- Continually evaluate accounting standards (IFRS) and legislative requirements (VAT, TAX, SARB Regulations). Identify potential impact and make recommendations to mitigate risk.
- Manage all budgeting and forecasting including the development of financial models.
- Prepare financial reports and MIS for local management and in accordance with Group requirements
- Continually evaluate accounting standards (IFRS & SWISS GAAP) and legislative requirements (VAT, TAX, SARB Regulations). Identify potential impact and make recommendations to mitigate risk.
- Advise the CFO on key costs, profitability and cash flow metrics.
- Prepare Assets and Liabilities Committee (ALCO) and Board packs and advise EXCO on Regulatory developments.
- Oversee preparation of monthly Banks Act Regulatory Returns and ensure successful implementation of new Regulatory requirements.
- Manage relationship between external/internal auditors and ensure all year end deliverables including Annual Financial Statements are timeously prepared.
- Attend to ad-hoc requests including independently working on special Regulatory and Strategic projects.
- Mentor and develop finance team members and promote a high-performance culture.

**Benefits**
- 24 days of annual leave per annum
- Provident Fund
- Medical Aid
- 13th Cheque

**The following minimum requirements must be met to be considered for this position**:
***
- CA (SA) (mandatory).
- Six to eight years post articles experience at a managerial level
- Experience within the banking industry is advantageous, particularly experience with Banks Act (BA) returns preparation as well knowledge of BASEL III, and other regulations affecting the banking industry.
- Project management experience
- Comprehensive understanding of financial analysis methods and techniques, as well as IFRS expertise, internal control principles, closing and reporting processes.
- Advanced skills in Microsoft Excel
- Well-developed report writing, communication, presentation, and negotiation skills.
- Strong attention to detail and ability to work under pressure to achieve deadlines.

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