Job Title

Group Financial Manager

South Africa, Western Cape
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R120000 - R120000 Per Month
Area: South Africa, Western Cape
Sector: Food & Beverage
Posted: 5 August 2024

Job Details

A diverse group of companies with interests in a number of activities including Telecommunications, Utility Management, and Property Management are seeking a dynamic and experienced Group Financial Manager who is not only proficient in financial management, but also up to date with the latest technological advancement. The ideal candidate will have a proven track record of leveraging technology to enhance financial processes and drive organisational efficiency.  

They will be responsible for the planning, implementation, managing and running of all the finance activities of the organisation. This would include financial management, accounting and accounting controls of the various entities within the company, to evolve the strategic planning and long-term financial goals of the group. 

The successful applicant will be a key part of the company’s succession plan, positioned for potential future leadership opportunities. Additionally, this role may offer the possibility of receiving shares in the company, providing them with an opportunity to benefit from the company’s growth and success .  

Location: Claremont, Cape Town, South Africa 

DUTIES & RESPONSIBILITIES, NOT LIMITED TO:  

Leadership, Direction & Management 

  • Provide leadership, direction, and management of the finance and accounting teams, consisting of 30 staff 
  • All operations matters, work as part of the Senior Management Team to contribute financial and operational expertise in the development and implementation of organizational strategies, policies, practices, etc
  • Responsible for reviewing financial systems, internal controls and procedures 
  • Manage the processes for financial forecasting and budgets  
  • To interact with Director, Finance & Staffing Committees by providing monthly financial reports and information to ensure sound financial and operational governance 
  • Planning and coordinating the external audit process 
  • Review the Annual Financial Statements of all entities
  • Solution driven and having the ability to identify, develop & implement effective work processes, procedures and controls

Strategy 

  • Provide strategic recommendations to the CEO and members of the executive management team 
  • Define financial requirements against mandated goals and objectives  
  • Improve operational systems, processes and policies – specifically, better management reporting, information flow and management, business process and organisational planning  
  • Play a significant role in long-term planning, including an initiative geared toward operational excellence 
  • Develop financial goals and objectives for the team 
  • Develop financial policies and procedures for operational efficiency  

Reporting  

  • Reporting to the CEO 
  • Prepare budgets where necessary 
  • Ensure budgets are set for each company and division 
  • Analyse and review monthly accounts  
  • Ensure timeous delivery of financial management accounts packs 
  • Oversee the preparation of all financial reporting 
  • Ensure workflows are correct and updated at all times by all team’s members 
  • Find efficiencies within the Finance department to make workflows easier 
  • Ensure all department deliverables are met on time 
  • Monitor the actual use of financial resources against the approved budget 
  • Produce financial reporting that shows the organization’s financial position, operating performance and cash flow over a period time through the use of financial statements 
  • Create management reports on a regular basis that are relevant to decision making processes   

REQUIREMENTS  

  • Qualified CA(SA) or similar 
  • Proven experience in commercial / corporate / operational environment in a managerial and leadership role 
  • Solid knowledge of financial processes, systems and related laws 
  • Proven leadership skills is essential (experience in managing a corporate finance team/department) 
  • Solid knowledge of financial processes, systems and related laws 

Skills and Attributes 

  • Experience in a commercial environment, including developing & implementing effective work processes, procedures and controls 
  • Excellent computer skills (experience in Google drive, docs, sheets advantageous) 
  • Leadership skills 
  • Dynamic, energetic, driven 
  • Excellent written and oral communication skills
  • Excellent analytical and abstract reasoning skills, plus excellent organisation skills 
  • Ability to work and communicate with Executive Management regularly 
  • Able to identify system inefficiencies and propose solutions, working with the teams, and being a hands-on Manager 
  • Attention to detail 
  • Resilience 
  • Technical financial acumen 
  • A self-starter who shows initiative and can work independently to solve problems
  • Able to perform under pressure 
  • Responsible individuals who can commit to deadlines and will ensure that they are met