Financial Manager
1 week ago
The RoleThe Financial Manager is asenior leadership role, responsible for leading and managing all statutoryfinancial accounting processes, including the development, implementation, andenforcement of financial policies and procedures. This role drives risk management,corporate compliance, and enterprise governance processes, ensuring adherenceto regulatory and statutory requirements, as well as internal corporategovernance standards. The Financial Manager oversees the internal controlenvironment, financial systems, and business processes, ensuring theirintegrity, accuracy, and compliance. The position also encompasses strategicfinancial planning, performance management, and providing financial insights toexecutive leadership, while fostering relationships with key internal andexternal stakeholders.Key Responsibilities:Financial Management andCompliance:Lead and oversee all statutory financial accounting processes, policies, and procedures to ensure legal and regulatory compliance.Drive the governance and risk management framework to ensure sound corporate governance practices.Regularly review, strengthen and enforce the internal control environment, financial systems, and business processes for compliance, risk mitigation and efficiency.Performance Management andReporting:Provide accurate performance analysis and timely reporting to facilitate informed decision -making.Oversee the core business processes, including Business Plans and Strategy.Act as a central point for internal and external queries on reporting and oversee the preparation of management reports and presentations.Maintain a clear understanding of external factors affecting performance, such as competitor industry economics.Statutory Reporting andGovernance:Manage timely and accurate financial reporting, taxation, audit, and treasury functions.Lead the integrated risk management program and provide financial advice on capital and operational expenditure.Ensure adherence to corporate and financial governance standards, including the Companies Act, Income Tax Act, and King Commission standards (I, II, III).Compliance and Corporate RiskManagementDevelop, implement, and maintain a compliance framework aligned with regulatory requirements and corporate governance best practices.Monitor compliance with local and international financial regulations, including but not limited to tax laws, financial reporting standards, and anti -bribery and anti -corruption legislation.Report on compliance risks and incidents to executive leadership and the Board, ensuring timely mitigation actions are in place.Collaborate with internal and external auditors, legal advisors, and regulatory bodies to ensure seamless audits and inspections.Ensure corporate risk registers are maintained, updated, and aligned with organisational strategy and objectives.Champion a culture of compliance and risk awareness across the organisation.Business Modelling and CapitalProjects:Manage the various capital project budgetsManage the IPP SPVs debtProvide input on investment evaluations and contribute to long -term financial planning and modelling.Analyse and advise on potential investments, re -financing, mergers, acquisitions, and capital expenditure projects to ensure alignment with the company's objectives and risk management criteria.Shared Services Coordination:Coordinate shared services reporting to deliver accurate and timely information for decision -making.Provide input on designing a business process improvement framework, ensuring stakeholder needs are met.Strategic Capacity Building andLeadership:Lead, mentor, and develop the finance and support teams to enhance their performance, competencies, and capabilities.Foster a high performance culture through transformation, talent management, and succession planning.Build strategic capacity to achieve the department's business plan and drive organisational success.Financial Budgeting andManagement:Prepare, monitor, and control the company and the various IP SPV budgets to ensure efficient resource allocation and cost savings.Approve expenditures within authorisation limits and oversee capital expenditure.Systems Optimisation:Manage the health and functionality of finance systems, including conducting improvement projects to enhance reporting capabilities.Ensure data integrity and security of financial systems in compliance with data protection regulations and best practices.Stakeholder Relationships:Foster and maintain strategic relationships with critical banking partners, equity providers, suppliers, clients, and other external partners.Actively contribute to the strategic direction of the business as a key member of the executive team. RequirementsRole Requirements:Qualifications:B Com Degree (Hons.) in Accounting (NQF Level 7) or an equivalent degree with training in Accounting and Financial Management.Registered Chartered Accountant (CA)SA preferred.Risk Management and Compliance certifications would be advantageous.Valid Driver's License and Certificate of Fitness (COF).Experience:Extensive senior -level experience in financial and technical management, including financial control, taxation, treasury, and insurance.Proven expertise in enterprise risk management, corporate governance, and regulatory compliance frameworks.Experience in managing multi -jurisdictional operations and compliance.Knowledge of the renewable energy sector.Demonstrated trust and honesty in handling finances and cash.Knowledge & Skills:In -depth knowledge of financial management, budgeting, and management accounting.Expertise in financial risk management systems and controls.Knowledge of corporate governance, regulatory compliance, and auditing principles.Familiarity with legislation such as the Companies Act, Income Tax Act, and King Commission standards.Proficiency in financial reporting, including preparation of financial statements, balance sheets, income statements, and cash flow statements.Strong knowledge of cost accounting, tax reporting, and governance requirements.Advanced skills in financial and legal policies, risk management theories, and principles.Competence in competition law and capital project requirements.Personal Attributes:Strong report writing, auditing, and analytical skills.Excellent problem -solving and conflict -handling capabilities.Proficient in MS Office Suite (Excel and PowerPoint at an advanced level) and SAP systems.Exceptional influencing, networking, and decision -making skills.High attention to detail, assertiveness, and risk management ability.Demonstrates the Company values and behavioural competencies.Character & Attributes:Ethical, honest, and professional with high integrity.Strong commercial acumen and strategic thinking abilities.Adaptable and collaborative leadership style with a proactive approach to challenges.Committed to staff retention, transformation, and organisational development.Willingness and availability to travel extensively within Africa and internationally
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