Commercial Finance Manager

1 month ago

Cape Town, South Africa Energy Capital & Power Full time
Job Description

  • Responsible for overseeing all finance functions of the business including financial reporting, budgeting, forecasting, and internal controls.

  • Inventory accounting and revenue recognition.

  • Makes recommendations in regards to the financial management of the business. Ensures quality control over financial transactions and financial reporting.

  • Collaborates with project directors, commercial director and CEO to ensure overall financial health of the business and projects.

  • Advises commercial director and project directors on cost and revenue management strategies, including close management and ownership of project budgets.

  • Monthly, quarterly and annual submission of management finance reports covering all projects and group entities, submitted in a timely manner.

  • Manages AR and AP team and conducts financial analysis to provide insights and recommendations for key business decisions.

  • Oversees annual budgeting and supports project directors in preparing budgets and forecasts. Coordinate and direct the preparation of budgets and financial forecasts and report variances.

  • Manages accounting operations and ensures compliance with reporting and tax requirements. Develops and documents business processes and accounting policies to maintain and strengthen internal controls.

  • Works with Snr Director and CEO to manage cash flow and financial risk.

  • Gains knowledge and understands the financial conditions/implications of the various geographies in which we work and directs on how best to manage the company’s finances in these areas.

  • Identify opportunities for cost optimisation and revenue enhancement across the organisation.

  • Manages the South African and Mauritian audits and oversee the preparation of accurate and timely financial statements. Manages and complies with reporting requirements and tax filings.

  • Research technical accounting issues for compliance for our global accounting requirements.

  • Additional controller duties as necessary.


Qualifications

  • Minimum Qualification Bachelor’s degree in accounting, finance, or relevant field. Thorough knowledge of accounting principles and procedures.

  • Completed SAICA articles preferable.

  • CA(SA), ACMA, CGMA, or similar qualification advantageous.

  • 5+ years’ experience in a similar role. Proven working experience as a Financial Controller / Commercial Financial Manager.

  • Experience in the events industry is highly advantageous.

  • Experience managing a team of finance professionals, reporting to CEO and producing financial reports for the board.

  • Experience with creating financial statements.

  • Experience with general ledger functions and the month-end/year end close process.

  • Good team management skills and ability to foster interfunctional relationships working with Project Directors to manage their P&Ls.

  • Demonstrated high level of skill with Microsoft Excel. Company uses Quickbooks for accounting and invoicing, Precoro for purchase order management, and HubSpot for CRM – experience in these programs is advantageous.

  • The applicant must have experience managing the full spectrum of company financial activities as well as project accounting and reporting.

  • The applicant must have experience with a group financial structure (the company has entities in South Africa and Mauritius) and with multi-currency activities (the company’s main reporting currency is USD, as well as ZAR, EUR, AOA and other currencies. (Experience with SARB and cross-border payments and receipts.)

  • Strong understanding of financial systems, regulations, and best practices.  



Additional Information

If you are a passionate professional looking for a role in an innovative and global company and you are based in Cape Town,  please send your CV today.

NB: Please note that only applications submitted through our official hiring platform, www.smartrecruiters.com, will be taken into consideration for this role. We kindly ask that candidates refrain from contacting team members, associated companies, or individuals regarding their application, as these inquiries will not be considered. In order to ensure fair consideration for all applicants, we may not be able to respond to every submission directly. If you have not heard back from us within 21 days, please consider your application unsuccessful. Thank you for your understanding and interest in joining our team

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