Financial Manager

SUMMARY:

Responsible for activities related to the provision of financial reporting, standardisation of reporting processes and procedures across the IDC company, Subsidiaries and Group Annual Financial Statements including the timely and accurate preparation of consolidated monthly, quarterly and annual financial results and implementation of certain st...

POSITION INFO:

Responsible for activities related to the provision of financial reporting, standardisation of reporting processes and procedures across the IDC company, Subsidiaries and Group Annual Financial Statements including the timely and accurate preparation of consolidated monthly, quarterly and annual financial results and implementation of certain strategies within the Financial Management department

Qualifications

• CA(SA) – Mandatory
• Management post–graduate degree advantageous.
• Technical/Systems Microsoft Office, SAP, Finnivo, IFRS, Management

Experience 

• Minimum of 8-10 years post articles experience in a financial reporting management role or as an Audit Partner.
• Exposure to the SAP environment, people, and performance management, PFMA,
  King IV, IFRS and management reporting.
• Experience in complex Group consolidations.
• Experience in financial services/ lending /banking would be advantageous.
• Experience and knowledge in analysis and interpretation of budget performance and annual financial statements.
• Good understanding of the functioning of the SAP system.

• Review and guide the Group and Company financial operations.
• Oversight and review the preparation of the Internal Subsidiaries Annual Financial
  Statements.
• Co - review of the IDC Company Annual Financial Statements and Consolidated Group Annual Financial Statements.
• Review of the Annual Financial Statements ensuring compliance with full IFRS and any other relevant legislation, including PFMA and King IV.
•  Co-review of the IDC Group Consolidated Interim Annual Financial Statements.
• Experience with the SAP system including SAP Disclosure Management and the
  Finnivo consolidation tool would be an advantage.
•  Direction and advice on the Company and Group financial reporting policies and
  processes.
• Implementation of adequate monthly review controls for the preparation of
  reconciliations that support monthly, interim, and annual financial statements.
• Review and identification of weakness in the current processes, systems, and
  procedures and implementation of enhancements.
• Continuous improvement of systems and operational control efficiencies.
• Creation of a complete audit file for the year end audit process that supports the Annual Financial Statements and the audit process.
• Provision of accurate and timely reporting on the progress and outcome of various department strategic initiatives.
• Provision of business insights, performance reports, commercial analytics on behalf of the department.
• Development and review of monthly and quarterly Group and Company management financial reports.
• Provision of Monthly and Quarterly strategic budget variance commentary to various committees.
• Presentation of reports to the Executive Committee (Exco) and other Board committees.
• Membership on strategic Exco sub-committees on behalf of the Financial Management department.
• Liaison with both internal and external auditors in planning and query resolution.
• Provision of advice on the Financial Management strategy as and when required.
• Support the preparation of the Integrated report, analyst reports and other reports, as applicable.
•  Perform ad-hoc tasks for Head of Department.
• Develop and implement a training plan to build and develop skills within the team.
• Provision of customer service to internal and external clients.
•  Implement performance management measures of subordinates.
•  Support and drive innovation in the team.
• Actively participate in the leadership of the team.

LEADERSHIP COMPETENCIES

Leading Supervising
Resilience
Decisiveness in Execution
Teamwork
Communication and Engagement
Diverse Stakeholder Management
Strategic Thinking
Business Mindset
Influence

BEHAVIOURAL COMPETENCIES

Deadline driven
Good Communication Skills
Good Interpersonal Skills
Coping with Pressures and Setbacks
Conflict resolution skills
Negotiating and influencing
Presentation Skills
Decision Making Skills
Interpersonal Skills