Finance Director

Location: Johannesburg, South Africa
Salary: 1800000 Annually
Recruiter: Communicate Recruitment: Finance 3
Job Ref: CPM042716/MvW
Date posted: Wednesday, January 22, 2020
Summary: A Well-known IT company is currently looking for a Financial Director to join their team ASAP



Job Description


  • CA (SA)
  • 15 - 20 Years post article experience
  • IFRS and US GAAP
  • Strong technical knowledge is critical
  • Knowledge of financial systems (on a technical level) and financial system configuration
  • Operational finance
  • Understanding of taxation 


  • Maintain internal controls relating to the relevant processes and Sarbanes Oxley procedures to ensure good corporate governance, Sarbanes Oxley and legislation compliance. Consistently monitor procedural activities to be compliant to stipulated processes.
  • Compliance with IFRS and US GAAP requirements
  • Co-ordinate, manage and control of all requirements, reports and submissions for statutory and internal audits of local and foreign entities
  • Management of annual financial statements
  • Management of BEE verification requirements
  • Own and maintain finance policies ensuring these are up to date, aligned with the US, communicated appropriately across the business and ensure compliance
  • Manage relationships with auditors, bankers, SARB and other relevant external stakeholder
  • Liaise with internal as well as external auditors to provide accurate information, evidence and supporting documentation to our audited processes and procedures and ensure deficiencies found are rectified immediately.
  • Co-ordinate and manage the delivery of subsidiaries, joint ventures and associate reporting for inclusion in consolidated results
  • Establish sound relationships with customers and internal customers to resolve queries in a professional manner.
  • Execute on strategies for completing annual goals and objectives of the department
  • Other related duties as required

People Management

  • End to end management of direct and indirect reports; which will include recruitment, development, performance management, talent management, as well as coaching and mentorship of the team.
  • Constantly review the team set-up ensure that it is operating at maximum efficiency.

General Ledger

Manage the GL team to ensure appropriate controls and processes over the following areas:

  • Management and oversight of at least 9 legal entities over 4 geographic territories including identifying and driving opportunities for structural optimization
  • Review, optimize and rationalize legal entity structures giving due consideration to regulatory, accounting and tax implications
  • Management of month end reporting close
  • General ledger management including completeness of accruals
  • Timely and accurate completion of reconciliations
  • Manage and review of company and consolidated results – income statement, balance sheet, cash flow and supporting notes
  • Statutory and all other reporting requirements including preparation of Annual Financial Statements
  • Implement accounting policy changes as required
  • Management of statutory and internal audits, including royalty audits
  • General ledger master data management and liaison with group in this regard
  • General ledger accounts
  • Cost/ profit centers
  • Cost elements
  • Treasury management:
  • Management of banking facilities including relationships with bankers
  • Cash flow forecasting including working capital adequacy, and dividend policies
  • Implement and optimize cash investment strategies
  • Master data management and liaison with group in this regard
  • Management of foreign exchange transactions including SARB approvals
  • Company credit card and disbursement management
  • Asset management
  • Adherence to asset capitalization policies
  • Management of WIP accounts and timely capitalization
  • Maintenance of fixed asset register and tax asset registers
  • Asset verification processes
  • Financial systems and processes management
  • Budgeting and forecasting input mechanism
  • Reporting, query and data extraction mechanism
  • Approvals
  • EFT payments
  • Urgent payments
  • Local and Foreign payments
  • Management of reporting requirements for minority shareholders
  • Effectively manage the AP and procurement team to deliver the following:
  • Procurement and supplier management and optimization
  • Account payable management including timely reconciliations
  • BEE management

If you meet the above requirements and would like more information, Contact us immediately. 

Please apply directly, by clicking on the apply button or visit --------Please upload your CV here--------> for more exciting finance opportunities. 

If you have not had any response from us in two weeks, Please consider your application unsuccessful. Your profile will be kept on our data base for any other suitable positions. 

For more information, contact: 

Communicate Midrand: ----- or -----

Recruitment consultant: Marnene van der Merwe




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