Group Financial Manager - - Durban

KEY PERFORMANCE AREAS

Supervision of a complement of approximately 25 staff members.All administrative related tasks for staff e.g., Kronos; leave and overtime.
Preparation and presentation of consolidated results for the group and admin companies (Management accounts).
Reviewing management accounts and management files of all companies.
Review of all intercompany transactions and preparation of intercompany close off journals.
Analysing the costings of major expenses and ensuring all activities and expenses are in line with business practice.
Supervising the preparation of Annual Financial Statements.
Manage the Groups accounting departments and implement best practices.
Manage processes for financial forecasting, budgeting, and consolidated reporting to the Group.
Provide prompt and efficient customer service to internal and external customers. Foster constructive working relationship with internal and external stakeholders.
Build productive working relationships with stakeholders to understand their business operations and the financial information needs of end users.
Manage relationships with others across the Group to achieve alignment in key business strategies and decisions.
Manage the Groups cash flows within available facilities, providing appropriate reporting to Directors and Executive Management.
Manage the Groups financial reporting obligations, with responsibility for preparation of consolidated accounts.
Collaborate, design, implement and review finance systems, policies, and procedures to ensure continuous improvement and best practice.
Oversee finance systems managing transaction flows from source through interfaces to general ledger.
Ensure reporting functions and responses to ad hoc requests for financial related information are appropriately delivered.
Build team and individual capability, ensuring personal effectiveness for work in current and future roles.
Review and finalisation of all income taxes computations and submissions at year end. Review of all calculations provisional taxes to be paid.
Oversee UDZ allowance project and finalisation of the tax impact of JMH property.Reviewing and approving VAT computations.
Supervision of payroll department.
Review and approve finance department payroll.
Review and authorise payroll net pay, Medical Aid and 3rd party payments for the group.
Authorise Pension payments on the Old Mutual platform for the group.
Review the individual company budgets.
Consolidate the individual company budgets to compile a group budget for Income and Expenses as well as Capital Expenditure.
Present the budgets to management.
Preparation for and oversee the external audits listed below:
Annual Financial Audit BBBEE Audit.
SARS Audits.
Oversee the internal Fixed Asset audit.
Ensuring compliance with external regulators:
SARS compliance.
Debt providers compliance (Rand Merchant Bank).
Ensuring compliance with internal policies and processes.
Evaluating the tenders for outsourced services e.g., Catering, security and cleaning and providing feedback to management.
Special project investigations for new businesses.
Compilation of financing options for special projects.
Review and authorise purchase orders.
Liaising with Shareholders regarding their shares and any other queries they may have.
Authoriser of intercompany transfers on the banking platform.
Review and authorise new suppliers loaded on to banking profile.
Oversee special projects regarding the upgrading of ERP systems.
Advising on investment activities and provide investment strategies.
Provide financial reports and interpret financial information to management.
Oversee operations of the finance department, set goals and objectives, and design a performance framework.
Provide executive management advice on all financial activities and implications for the Group.

MINIMUM REQUIREMENTS

CA(SA)
5 years experience in the relevant industry.
Experience in supervising the staff and overseeing reports from staff.
Must be proficient in Accpac and VIP.
Effectively able to communicate financial information with varying levels of financial acumen.
Ability to work as a member of a team.
Effectively able to produce, analyse and interpret complex financial information.
Excellent organisational and prioritisation skills.
Excellent judgment demonstrated and decision-making skills.
Ability to work in a progressive and challenging environment.
Advanced financial modelling skills.

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