Senior Financial Manager: Reporting

SUMMARY:
We are looking for a dynamic and detail-oriented Senior Financial Manager to lead all Financial Reporting for the company. This would include External, B-BBEE/Transformation and ESG Compliance Reporting. 
  
The suitable candidate’s main responsibilities and duties include, but are not limited to, the following:   

POSITION INFO:

• Prepare and analyse monthly reports for the company and two related entities forming part of the legal entity;

• Consolidation of the Annual Budgets and Forecasts of divisional budgets and management of the templates/packs used.

• management of the process and guidelines of annual budgets and forecasts;

• Preparation of Annual Statutory Financial Statements according to IFRS

• Keep up to date with developments in IFRS and assess the applicability of new standards or changes to the company.

• Implement any applicable changes by updating the Financial Department’s procedures.

• Preparation of Schedules and Reconciliations supporting the Annual Financial Statements;

• Analysis and Management of Balance Sheet reconciliations;

• Cash Flow forecast and variance analysis;

• Ensure compliance to Bidvest Group and Company Policies and Procedures;

• Responsible for reporting Risk, Governance and Legal matters for the company;

• Interpret, control and manage computerized reporting systems;

• Understanding of internal control procedures and ability to develop and co-ordinate improvements in this area;

• Control all Tax requirements and compliance thereof for the company.

• Keep up to date with developments in Taxation and assess the applicability of changes to the company.

• Implement any applicable changes by updating the Financial Department’s procedures.

• Daily Treasury and Banking to the Bidvest Group

• Bank account maintenance;

• High performance required in terms of daily financial management;

• Ability to formulate and implement strategic direction for division;

• Plan, manage and coordinate all external audits and company requirements for regulatory returns;

• Lead, manage and motivate a high performance team;

• Analyze and manage all the elements of the B-BBEE scorecard (Ownership, Management control, Skills development, Enterprise and Supplier development, and Socio-Economic Development).

• Create and report on the B-BBEE scorecard scenarios and strategy for the annual business planning process.

• Provide technical and subject matter expertise around the relevant B-BBEE legislation, i.e., DTI Codes of Good Practice and other related B-BBEE legislation

• Produce scorecards quarterly

• Attend to relevant committee meetings as required, ensuring representation from the transformation side of the business

• Produce a quarterly TMPS calculation to be loaded on the B-BBEE system

• Provide a detailed procurement spend report monthly

• Track and analyze the Non-compliant spend monthly

• Stakeholder engagement to create and drive the development of projects and assist in implementation while ensuring alignment to related B-BBEE legislation

• Dealing with any B-BBEE requests, e.g., Information for tender submissions, attendance of business and clients’ seminars and webinars.

• Operationalizing the B-BBEE system, including scenario planning capabilities, and ensuring that legislative changes are updated and communicated internally.

• Advise leadership on opportunities for scorecard improvement through financial structuring and strategic initiatives.

• Educate and inform businesses of developments in the B-BBEE landscape and other industry-related matters.

• Collaborate with the ESG and sustainability team (OHS, HR, Procurement, Facilities, Finance, and IT) to develop and manage monthly reporting related to ESG performance.

• Support ESG reporting for external and internal stakeholders, including clients, regulatory bodies, and the tender team

• Ensure timely and accurate data submission on the ESG system tool monthly

• Approve data submission on the ESG system tool

• Provide accurate and timely quarterly reporting for the board packs

• Initiate and support ESG initiatives in line with the business strategy

• Manage and support ESG internal and external audit requests

• CA (SA) or CIMA qualified.

• Advanced MS Office skills, especially in Excel.

• Excellent command of written and verbal communication across all levels.

• Experience in Annual Financial Statement preparation, with strong IFRS technical knowledge.

• Proven knowledge of B-BBEE Codes and related legislation, with experience interpreting and applying them.

• Group Financial Manager or Financial Reporting experience (advantageous).

• SAP & VIP Payroll system experience (preferred).

• Tax legislation knowledge and application in practice.

• Drafting and reviewing reports, ensuring high accuracy and minimal rework.

• Data analysis, evaluating complex data sets, and drawing actionable insights.

• Experience with generic B-BBEE sector code is critical.

• Strong analytical and problem-solving skills.

• High attention to detail and accuracy.

• Critical thinking and the ability to make sound decisions based on data.

• Ability to manage multiple projects and strict deadlines.

• Proactive, takes initiative, and works well with limited guidance.

• Influencing and stakeholder management skills.

• Professional integrity, discretion, and confidentiality.

• Strong governance, risk, and control awareness.

• Advanced PowerPoint, Word, Excel.

• Business writing and report writing proficiency.

• Presentation preparation and delivery.

• Project management principles.

• Industry and regulatory awareness.

• Own transport.

• Willingness to work overtime when needed.

• Clean disciplinary, criminal, and credit record.

• B-BBEE MDP Programme completion (advantageous).