Finance Manager CA SA or CIMA

SUMMARY:
Our client is seeking to employ a Finance Manager to join their team - you will have overall accountability for financial management and the management of the financial staff within the team (4 direct reports).

POSITION INFO:
Requirements:

• A BCom Honours degree or equivalent
• At least seven years’ working experience in a complex and multi-dimensional financial department
• At least five years at management level
• Chartered Accountant (SA) or CIMA qualifications
• Excellent experience in analysing and interpreting financial data and complex financial reporting
• Project accounting experience
• In depth experience in dealing with various internal and external stakeholders such as auditors, suppliers, industry funders, etc
• Understanding of legislation applicable to a state-owned entity and working experience in such an entity

• Guide and assist the business with budgeting and forecasting processes;
• Prepare and provide monthly financial reports;
• Develop, prepare and provide standard and on-request financial reports and data analysis of business activities or stakeholder financial contract information;
• Prepare stakeholder specific reports, including cash flow reports and forecasts and participate in management meetings;
• Obtain an understanding of the unit financial environment by pro-actively analysing and interpreting data and reports;
• Review customer and supplier agreements to mitigate risk and maximise cash flow;
• Implementation of effective contract management process that ensures compliance with IFRS 15, cost control and that invoicing is done timely and in line with contract;
• Identify and determine the impact of stakeholder requirements on financial reporting for timeous and accurate submission of financial information;
• Review planned purchases of property, plant and equipment to assess financial risks, availability of funding, payment terms and conditions, legislative requirements for importing and the return on investment;
• Participate in Procurement Selection Committees;
• Review classification and useful life of assets to ensure adherence to accounting policies;
• Ensure that customer contracts are accurately captured and administered in the financial system;
• Manage, direct and advise relevant staff on month end, quarter end and year end processes;
• Identify gaps for training or development of staff to assist with skills retention and succession