Job Description

Job Summary Purpose:
Management and improvement of the organizationxe2x80x99s financial performance and the direction of our accounting operations.
Duties for the Financial Manager will include managing accounting records, evaluating and managing risks (both qualitative and quantitative), ensuring compliance with regulations, publishing financial statements, overseeing accounting operations, analysing financial data, monitoring expenditure, forecasting revenue, coordinating the external audit process, overseeing and coordinating the month end reporting process (including mid-year and annual reporting packs), and ensuring the accuracy of financial information.

In addition to the above the role includes an aspect of strategic planning and numerical proficiency to aid the organisation in maintaining positive revenue and financial growth, formulating sound financial strategies, implementing proper internal controls, achieving organisational targets, and developing financial plans that support the organisational strategy.

Streamlining the accounting functions and operations is inherent in the role and includes providing financial analysis and reports, training staff on business finance issues, promoting regulatory compliance, and driving income generation.

Key Responsibilities:

Preparing financial reports.
Analyzing financial data and escalation where necessary.
Monitoring internal controls.
Cash flow updates weekly on a consolidated basis.
Coordination of cash management with Management Accountants (inclusive of Banking platform).
Coordination and preparation of monthly group uploads to ECC (inclusive of MANCO formats).
Consolidated BU reporting in group format on all SA entities.
Board reporting support for annual and Mid-Year reporting.
Overseeing and preparing income statements.
Group financial analysis as and when necessary.
ABSA RCF oversight and cash management.
Working capital analysis (consolidated view across SA BUxe2x80x99s).
Managing financial transactions.
Coordination of financial information for bids and tender requests.
Administration of SAP B1 module including staff issues.
Journal entry authorization.
Streamlining accounting functions and operations.
Developing plans for financial growth.
Evaluating and managing risk.
Audit facilitation and oversight for the company (internal, external, and compliance reviews).
Staff administration including leave requests and workflow coordination via the respective Management Accountants (delegation and oversight of this task).
Staff training where required.
COIDA annual calculation and submission as well as comms with DOL for payment arrangements.
Complex transactional support (IFRS16 - across SA BUxe2x80x99s, IFRS9, IAS38, IAS16, Goodwill impairment analysis (ES only), and other IFRS-related items as and when required.
HR listing audits for payday.
Capex reviews.
Directors wage comparison and variance analysis.
NDC SMU client liaison.
Reporting to executive management.

Authority:

The Financial Manager will have oversight of the entire finance function and will exercise authority within this ambit via work delegations, counseling of staff members where applicable, liaising with respective department heads, and engaging in staff matters which would be inclusive of disciplinary and recruitment processes under the appropriate advisement.
Staff administration such as leave applications of department heads as well as work-in-progress reporting, will also be included in the scope of authority.

Key Working Relationships:

The financial manager will report directly to the Senior Finance Manager. He/she will be required to engage with the respective Management Accountants and key finance personnel in the department. The individual will serve as a direct link between the finance team and executive management.

Specific Scope Requirements:

Management Account review of the Security division.
Management Account review of the Cleaning division.
Management Account review of the Fresh Cafxc3xa9 division.
Management Account review of the Property Care division.
Report collation of Parking entities.
Intercompany balancing sign-off of above entities at month end.
Balance sheet reconciliation review and sign-offs on the above entities.
Presentation to executive management for reporting purposes.
Coordinating management accountants' debt collection, and processes, and escalating where necessary through site visits.
Oversight of statutory submissions for the entire company.
Coordination of the budgeting and forecast processes for the above entities.
Annual Financial Statements(AFS) review of scoped entities.

Qualifications Required:

EDUCATION: Chartered Accountant(SA)
WORK EXPERIENCE: Completion of SAICA articles and experience in a managerial role (at least 3 years)
LANGUAGE: English
ATTITUDE: Conducive to empowerment and development of team cohesion.
ADHERENCE TO: SAICA code of conduct and policies and processes of the organisation.

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