Job Description

Closing Date 2025/10/02
Reference Number MMH250923-4
Job Title Manager: Group Advisory and Consolidated Reporting
Position Type Permanent
Role Family Finance
Cluster Group Finance
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion/Bellville
Introduction
Are you a seasoned finance professional with a passion for technical accounting, IFRS, and driving reporting excellence? Momentum Group is seeking a Manager: Group Advisory and Consolidated Reporting to play a pivotal role in leading the Group's IFRS 18 implementation, consolidations, and financial reporting processes. In this strategic leadership position, you will partner with senior stakeholders and external auditors, provide expert technical accounting guidance, and oversee the preparation of accurate, transparent, and compliant consolidated financial statements. This is an exciting opportunity to shape reporting standards, develop a high-performing team, and make a lasting impact within a leading financial services group.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
To lead and oversee the end-to-end implementation of IFRS 18: Presentation and Disclosure in Financial Statements, ensuring consistent application, system readiness, and clear communication of impacts across the Momentum Group, driving reporting transformation to enhance transparency, comparability, and stakeholder confidence. Assist the Head of Group Advisory and Consolidated Reporting in managing the daily and strategic operations of the team, partnering with stakeholders across the Group as well as external audit, while managing a multi-skilled team responsible for delivering technical accounting advisory, preparing Group consolidations, and producing IFRS-compliant AFS.
Requirements
MINIMUM QUALIFICATIONS:

• Registered Chartered Accountant CA (SA)

MINIMUM EXPERIENCE:

• At least 7-10 years' experience as a CA (SA)
• 5 years of people management experience
• Knowledge of International Financial Reporting Standards (IFRS) and risk management principles
• Proven track record in implementing or transitioning to new IFRS standards (preferably IFRS 17)
• Experience in designing and delivering training, policies, and guidance to finance teams on new standards
• Group consolidation and reporting experience essential
• Technical accounting experience is essential
• Knowledge of Financial services industry

KNOWLEDGE:

• In-depth knowledge of IFRS 18 and disclosure frameworks, including practical implementation considerations across large, complex groups
• Understanding of change management, project governance, and system or process adaptation to support IFRS transition
• Knowledge of relevant legislation
• Knowledge of the applicable legislation landscape
• Knowledge of IFRS requirements applicable within the area of responsibility
• Knowledge of ethical best practice guidelines
• Knowledge of accounting practices
• Knowledge of relevant computer software
• Knowledge of relevant regulatory reporting requirements

Duties & Responsibilities
INTERNAL PROCESS:

• Plan, lead, and deliver the Group-wide IFRS 18 programme, including diagnostic gap analysis, disclosure framework redesign, stakeholder training, policy updates and system or process enhancements.
• Assist in sign off of accounting treatments developed and documented by the Group Advisory and Consolidated Reporting team and liaise with auditors on accounting issues to obtain external audit sign off
• Support the Group Chief Accountant to establish consistent processes and controls across all Divisions within Group Finance and the wider Group.
• Review and, where necessary, prepare submissions to the Group Audit Committee.
• Partner with the finance community and reporting teams in the financial reporting process of the Group and its subsidiaries.
• Support stakeholder value enhancement initiatives through quantifying the expected financial impact of potential solutions.
• Contribute towards and support the overall Group Finance delivery requirements and strategy.
• Oversee and manage the reporting process and monitor reporting tools to improve the efficiency and effectiveness of the current reporting process.
• Manage and oversee the quarterly consolidation and reporting process of the Momentum Group
• Review of key reporting deliverables prepared as part of the quarterly reporting process
• Liaison with external auditors during year-end audits
• Liaison with external auditors in respect of material technical IFRS transactions
• Monitor progress, manage risks, and ensure timely adoption in line with Group and regulatory deadlines.
• Lead, oversee, manage, analyse, monitor and review the quarterly, bi-annual and annual financial accounting reporting requirements to enhance the value of reporting to the business and stakeholders.
• Assist in providing oversight of implementing other standards and regulations as related to reporting and take corrective action when standards and regulations are not met.
• Assist in defining and providing strategic input in terms of IFRS accounting standard application and adoption, as well as the impact on financial reporting for the Group.
• Provide specialist IFRS accounting standards expertise across the Group.Identify interconnected problems, determine the impact and develop solutions, driving best practice.
• Drive the creation, implementation and maintenance of IFRS accounting standard group policies that are relevant and up to date with the latest developments in both the local industry and globally.
• Lead with and sign off on the Group technical view on material and complex Group transactions such as mergers and acquisitions, funding solutions and strategic transactions.
• Where required, incorporate international companies and other entities into the reporting processes, focusing on financial liabilities reporting requirements.
• Continuous research, development, identification monitoring, and execution of financial reporting requirements, standards, best operating practices, advising on financial reporting matters and compliance, assisting in the identification and management of risk and compliance with reference to legislative requirements and/or amendments.
• Manage and utilise resource allocation,, implementing systems and planning operations to optimise goal achievement of functional area.
• Oversee the implementation of technical IFRS element of transactions of the Group.
• Ensure the effective liaison, planning and co-operation during year-end and interims and quarterly reporting with:

o Group actuaries to calculate profit and other actuarial balances
o Group tax in order to calculate the tax provision
o Asset managers for completion of life company asset packs
o The regulatory reporting team in order to assist with regulatory reporting to the FSB, ASISA etc * Effectively strategise, plan and manage the delivery of Group Consolidated and Advisory team deliverables

• Manage and oversee the process of the preparation of IFRS compliant consolidated financial statements and summary financial statements for Momentum Group Limited
• Responsible for the review of consolidated financial statements for Momentum Group Limited and summary financial statements
• Responsible for the review of the processing of all shareholder capital segment related and non-divisional accounting
• Responsible for the oversight and review of the Group's quarterly Intercompany reporting process
• Liaison with group actuaries, group tax and asset managers on related IFRS disclosures for financial statement notes
• Attending Group audit committee meetings where the Momentum Group Limited financial statements are signed off
• Deliver statutory financial information in line with Group practices, policies and timelines
• Deliver comprehensive financial result reporting, highlighting key drivers and potential implications to the business
• Provide insights to business on various financial scenarios and financial implications
• Suggest and support process improvements within the team, include system enhancements and changes/improvements to controls

Competencies

• Business Acumen
• Client/ Stakeholder Commitment
• Drive for Results
• Leads Change and Innovation
• Motivating and Inspiring Team
• Strategic thinking
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusiveness
• Growing Talent

Policy
We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Skills Required