SUMMARY:
Our client serves as a parent company with currently 4 four subsidiaries that function within the Zululand area with expertise in the forestry sector IT sector as well as facility management.
 
They are looking for a Financial Manger to join their growing team At their head-office in Umhlanga.
 
The Purpose of the Job:

• Provide financial support to all levels/subsidiaries of the group holdings parent company by analysing the finances of the organization and provide operational support to management.
• Assist in ensuring that all Company policies, country laws and tax regulations are followed.
• Manage and Lead the Finance team

POSITION INFO:
Minimum Requirements:

• Bachelor's & Honors Degree in Accounting with CA qualification required;
• At least 5-7 years’ experience in finance/accounting roles and minimum 2 years in managerial/supervisory position.
• Experience in multi-currency financial management

Competencies:

• Integrity
• Strategic/innovative Thinking
• Strong Analytical thinking skills
• Interpersonal skills
• Proficiency in time management
• Excellent communication and collaboration skills
• Leadership and team management
• Adaptability
• Efficacy in problem solving
• Advanced proficiency in financial software and Microsoft Office
• Quality driven with attention to detail (detail orient

Key Responsibilities: (Not Limited to)

• Full oversight of the organization's balance sheet in coordination with the Accounting department in the company headquarters
• Oversee and manage day-to-day financial operations for all companies in the Group.

• Ensure accurate and timely financial reporting, budgeting, forecasting at the divisional and group level (4 separate areas as well as total)

• Oversight of all budgeting, forecasting, financial reporting, payment cycles, conduct reconciliations, and payroll.
• Analyse financial data to identify trends, variances, and opportunities for cost savings and revenue growth.
• Provide financial insights and recommendations to support business decisions and drive profitability.

• Review monthly income and expenditure and prepare monthly management reporting

• Compliance with accounting standards, tax regulations, and internal policies.
• Manage cash flow, working capital, and financial risks to optimise the company’s financial performance.
• Manage all Forex exposure and process Forex payments as required. ***
• Familiarity with processes involved in inventory management. ***
• Partner with other departments to support commercial initiatives and contribute to the overall business strategy.
• Lead the team working with auditors during annual financial audits.
• Drive the Budget Analyses and Review Processes.
• Manage the Fixed Asset Register, create depreciation schedules, and input monthly transactions.
• Keep strong control of Customer and Supplier Age Analyses and oversee the pursuit of overdue invoices.
• Comprehend the VAT implications of transactions and compile monthly VAT submissions.
• Manage the finance team including optimising team performance; competency development plans in place for team members; effective transfer of skills and knowledge via training & mentorship.
• Support the Business Partner in:

• analysing management reports and financial performance of the division against its specific targets.
• Providing financial insight and analysis to drive the business performance of the organisation
• Manage the finance team members and provide guidance and training
• Responsible for automations and efficiency improvements
• Plan, organise and execute financial tasks and projects to ensure timely and accurate reporting
• Prepare statutory and regulatory financial reports
• Collaboration across various divisions within the business
• Management/Execution of ad hoc projects
• Review all manual journals and ensure the accurateness of information and treatment in terms of IFRS.
• Review of balance sheet reconciliations
• Releasing of SAP documentation (orders, invoices for payment)
• Preparation of interim and year-end audit information and liaison with internal audit
• Preparation of other statutory & legal reporting requirements
• Project work to set up systems for changing environment or to align systems with best practise
• Preparation of ad hoc reporting and analysis
• Investigation of and resolving ad-hoc queries