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Group Finance Manager
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2 years ago4039 views
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General Details
Description
Primary Role
Responsible for all aspects of financial management for a group that holds various subsidiary companies. Ensuring compliance with internal policies and procedures, oversees the day-to-day work of the finance department and is responsible for the effective use and deployment of staff and financial management. Oversees all of the financial aspects of the company and ensures the flow of accurate and timeous financial data to the company stake holders. Provides accurate and relevant information for internal purposes for use by the Exco to make informed decisions or be communicated to external parties such as shareholders, investors, banks or financing / lending institutions. Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met. Manage the preparation of the company's budget.
Duties and Responsibilities:
* Manage the day-to-day accounting functions of the organization
* Ensure a clear and transparent paper trail is in place for all financial transactions
* Uses specialized knowledge to resolve tax issues and ensures all subsidiaries of the company remain compliant at all times
* Monthly forecasts for all entities in the group
* Independently prepares accounting information, such as:
* Drafting of annual financial statements
* Drafting of monthly management accounts
* Establishes, maintains, consistently improves, and proactively further develops a framework that enhances the Company's operational and strategic finance functions
* With respect to operations:
* Periodic cash reconciliations
* Prepares Budgets
* Creates and implements a budgeting format
* Cashflow forecasting and reporting
* Debtors and creditors - working capital management
* Oversees cost accounting for routine services and projects
* Prepares budgets for projects, including budget templates for staff
* Always sourcing cost savings mechanisms and implementing such
* Does reports to external and internal parties, as needed
* Maintain current standing with all mandated local tax and benefits registrations and requirements, including submissions of payments and reports for PAYE, VAT, Customs Duty, etc.
* Supervises and mentors finance team
* Ensure IT follows adequate processes and procedures in managing infrastructure on-site and off-site
* Manage relationships with external providers and ensure these are cost effective and managed to SLA's
* Assist where necessary in updating processes, policies and procedures in relation to an efficient running financial structure
* Ensure that inventory planning, as performed by planning department, is aligned to financial plan for the business as a whole
* Review payroll process and systems to ensure accuracy of payments and correct budgeting
Requirements
* At least 5 years' experience in managing a financial team, with diverse accountabilities
* Knowledge and experience in putting in place financial and non-financial controls, processes, and procedures to ensure bus
https://protool.gumtree.co.za/external-link-browser.html?url=aHR0cHM6Ly9lbi16YS53aGF0am9icy5jb20vY29vcG9iX19jcGxfX18xNTU0Xzg4MDFfXzQ5Nz91dG1fc291cmNlPWd1bXRyZWUmdXRtX21lZGl1bT1mZWVkJmtleXdvcmQ9&jid=1178098&xid=1554_8801
Id Subtitle 1065168939
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