Group Financial Manager

SUMMARY:
Business Minded Financial Manager

POSITION INFO:

The GFM is responsible for communicating financial results to management on a monthly/weekly basis to enable the appraisal of the company''''s actual performance against targets. Also responsible for the development, implementation, and modification of financial policies and practices.

Requirements:

• Matric / Senior Certificate
• Financial Degree
• Minimum of 5 years financial management experience
• Business-minded - the big picture mentality
• Ability to manage a large team
• Computer literate - Pastel advantage
• Varied role - many entities to manage
• Hands-on role
• Ability to live and work outside RSA 
• Operations role

Responsibilities:

• Prepare annual financial statements and annual reports
• Analyse and interpret financial information in the statement of financial position and statement of financial performance on a monthly, quarterly and annual basis
• Consolidated annual budgets for presentation
• Compile and submit standard and ad hoc internal management reports
• Compile and submit quarterly and annual Audit Committee and Board reports
• Interact with external auditors to facilitate the finalization of annual financial statements
• Maintain and improve financial reporting processes
• Revenue management
• Fixed asset and inventory management
• Preparation of operating and capital expenditure budgets
• Reporting of and advising on financial matters to executive management
• Review and authorize monthly payroll payment
• Banking and treasury management
• Formulate and monitor financial risk management policies and procedures
• Statutory and tax compliance (income tax, VAT, and employee''''s tax)
• Annual reporting as per the Companies Act and the MFMA
• Preparation of financial information for the board of directors
• Management of the internal audit function including providing input on good governance and risk management
• Verify key performance information targets and actual performance on a quarterly and annual basis including compiling quarterly and annual reports for submission in terms of the policy and legislation
• Management of different business entities

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