Job Description

To ensure the effective delivery of relevant financial and non-financial information of the Group and the efficient transactional processing for the retail businesses in accordance with relevant frameworks and legislation; and support the Head of Group Finance in overseeing efficient delivery by the Group Finance, Group Service & Working capital functions.
Job description
Job Objectives

• To ensure the finance department delivers on the information requirements of the group that are relevant, reliable and timeous according to agreed SLA
• To ensure the continuous assessment and communication of the impact of changes in the accounting treatment and of non-routine transactions, which has a material impact on earnings or substantive change in disclosure in accordance with IFRS
• Manage and oversee the statutory financial reporting process, including liaising with the auditors and management of the signing process.
• To ensure effective financial reporting in compliance with statutory and JSE requirements in order to provide appropriate disclosure of information to relevant stakeholders.
• Manager and oversee the budgeting and forecasting process from inception to completion including:

- Ensure the budgeting tool is ready for use and users are trained accordingly.
- Actively manage the planning and submissions.
- Consolidate the business units to produce a consolidated group budget.
- Ensure all deadlines are met.
- Review the brand budget submissions to ensure that the budget aligns to the group strategy.

• Oversee the fixed asset process from initiation to reporting, including capex processes and management of the fixed asset register.
• Manage lease accounting (IFRS 16) for the group, including the treatment of transactions, reconciliation of accounts and financial statement disclosure.
• Manage lease accounting insurance portfolio for the group, including the renewal process and claims.
• Assist with ad-hoc reporting and analysis.
• To ensure effective people management and their development in line with Group HR strategy and departmental needs
• To ensure the provision of efficient and cost-effective transactional processing capabilities for the retail businesses in accordance with SLA's
• To ensure the optimal use of information and resources with a view to improvement in process compliance and business practices
• To ensure that SLA's are developed, implemented and regularly reviewed to ensure relevance and effectiveness.
• To ensure that the Group's working capital control processes are well maintained and oversee the review process of working capital accounting principles and significant group provisions.
• To oversee the monthly reporting of Group Services Finance department including the expense base review, cost allocations, reconciliations (payroll) and budgeting.
• Identify and implement improvements within the finance control environment.
• Assist in delivering long term objectives and goals.
• Provide coaching and mentorship for future development

Job Related Knowledge

• Knowledge of working on different accounting systems
• Knowledge of International Financial Reporting Standards
• Practical knowledge of budgeting
• Knowledge of statutory requirements
• Relevant knowledge of Companies Act
• Cash flow management
• Budgeting

Job Related Skills

• Computer Literacy, Excel, SAP, SAP EPM and SAP SAC (or equivalent)
• Interpersonal skills
• People Management skills
• Negotiation skills
• Time management skills
• Planning skills
• Communication skills
• Leadership skills
• High level verbal and written skills

Job Experience

• Articles with major accountancy firm
• 5 years' experience in finance department or professional services firm preparing listed financial statements
• 5 years' experience performing a management function within a head office environment of a listed company

Minimum requirements
Qualification

• Chartered Accountant (Essential)

Job Related Competencies

• Leading and Supervising
• Analysing
• Planning and Organising
• Deciding and Initiating Action
• Working with People
• Adhering to Principle and Values
• Writing and Reporting
• Creating and Innovation
• Coping with Pressures and Setbacks
• Entrepreneurial and Commercial Thinking

Skills Required