Group Consolidations Manager

Sandton, GP, ZA, South Africa

Job Description

Job Title:





Group Consolidations Manager


Purpose of the Job





To lead and optimise the group consolidation and reporting processes across a complex multinational structure, ensuring accurate financial insights, compliance with IFRS, and support for strategic transactions. This role drives automation, system enhancements, and process improvements to deliver timely, high-quality internal and external reporting while enabling informed decision-making at the group level.


Key Performance Areas




Group Consolidation




Own the monthly and year-end group consolidation process across all subsidiaries, associates, and joint ventures Prepare and review consolidation journals, including eliminations, equity accounting, and foreign currency translations Maintain the group consolidation system and champion automation and system optimisation to reduce manual effort and improve accuracy Prepare consolidated trial balances and supporting schedules for internal and external reporting

Acquisition and Restructuring Support




Assess and implement accounting treatment for new acquisitions, disposals, and group restructures Prepare pro forma consolidation models for M&A and strategic transactions

Internal Reporting




Design and maintain financial dashboards that provide real-time insights to leadership Deliver accurate and timely consolidated management accounts Support the Group Finance Executive with group-level financial insights and variance analysis

Governance & Controls




Maintain consolidation-related internal controls and documentation Liaise with internal and external auditors on consolidation matters

Process Improvement and Automation




Identify and implement AI-driven solutions to streamline consolidation and reporting workflows Support the budgeting and forecasting process with consolidated views Participate in finance transformation and system enhancement projects Focus on process automation and improved data visualisation


Knowledge




In-depth understanding of IFRS standards, particularly consolidation principles. Strong knowledge of group structures, including subsidiaries, associates, and joint ventures. Familiarity with foreign currency translation, equity accounting, and elimination processes. Knowledge of consolidation systems and automation tools. Awareness of internal controls, governance, and audit requirements.

Job Specific Skills




Advanced consolidation and financial reporting skills. Ability to prepare and review complex consolidation journals and pro forma models. Proficiency in financial systems, ERP, and consolidation software. Strong analytical and problem-solving skills for M&A and restructuring scenarios. Excellent communication and stakeholder engagement skills.

Competencies




Attention to detail and accuracy in high-volume, complex environments. Process improvement mindset: drive automation and digitalisation. Collaboration: work effectively across finance teams and with auditors. Adaptability: embrace technology and change initiatives. Strategic thinking: provide insights that support leadership decisions.

Experience





5-8 years post-articles, with deep IFRS and listed company reporting experience


Education





CA(SA)


Internal Liaison





Group Finance, Treasury, CoSec etc.


External Liaison





External Audit


Level of Decision Making





Technical and operational: Makes decisions on consolidation treatments, system configurations, and process improvements.

Provides input on accounting for acquisitions and restructurings.


Level of Problem Solving





Analytical and solution-oriented: Resolves complex consolidation issues, foreign currency challenges, and system-related problems.

Designs automation solutions and optimises workflows for efficiency and accuracy.


Reports to:





Head: Group Finance


Department:





Group Finance

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Job Detail

  • Job Id
    JD1620312
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Sandton, GP, ZA, South Africa
  • Education
    Not mentioned