Job description
The incumbent to lead the Financial Department and ensure sound corporate governance through the application of integrity and efficiency in all financial practices. Well experienced in all aspects of financial management i.e. Financial projections, drafting of financial management statements, annual reports, costing, business improvement initiatives and management indicators, guiding the organization to greater efficiencies, developing and implementing financial policies and procedures and managing a competent team.
Responsibility of overall control and co-ordination of New. Generation Group’s financial functions including auditing and financial management. This position forms an integral part of the overall New. Generation Group management team and the overall financial day-to-day activities ensuring the accuracy and reliability of the general and subsidiary ledgers.
- Overall functional accountability with all the pertinent statutory bodies on financial matters such as VAT returns to SARS, AFS for external auditors, observance of South African Acts (accounting Standards) to comply with Generally Accepted Accounting Practice (GAAP).
- Compliance with financial reporting and disclosure requirements as stipulated in the Companies Act 61 of 1973, as amended.
- Analysis and interpretation of financial results for presentation to CFO, CEO and Board
- Preparation and submission of financial packs on a monthly, quarterly intervals. This includes full management of the budgetary and forecasting process throughout the financial year.
- Budgetary control and ensuring that all expenditure of an operational nature is duly authorized.
- Attendance and participation in management meetings, giving financial input on operational matters as well as assessing financial risks and benefits for planned campaigns. Liaison with external auditors, bankers, tax authorities (SARS), pension fund administrators, insurance brokers, suppliers and Requirements
- A completed post graduate degree in Accounting or Finance e.g Hons Bcompt or Hons Bcom
- At 10 years working experience of which 5 years should be management experience
- Completed articles of clerkship/trainee accountant program with firm of Chartered Accountants
- Practical experience in the following areas is essential:
- Risk analysis and management
- Consolidations, including horizontal and /or vertical integrated group structures
- Consolidations of financials at a parent company level
- A valid driver's license.
Benefits
- Integrity – must be able to make tough policy decisions without compromising the integrity of the information or business process
- Change Management
- Communication – must be able to effectively interface with all levels of Management, Shareholders, Staff
- Prioritizing – delivering of results, meeting deadlines
- Excellent Interpersonal skills– self-awareness, focus on building working relationships, team player
- Attention to detail, excellent analytical skills
- Highly self-motivated
- Patience and Diplomacy
- Measures the achievement of objectives and constantly seeks improvement Skills:
- Advanced skill and high proficiency in Excel, Word and PowerPoint
- Hands-on experience and exposure to an accounting package especially in effecting period closing entries for various financial periods such as month ends, quarter ends and full year ends.
- Strong financial skills and highly numerate
- Strategic planning and prioritization skills
- Significant management and well developed leadership skills (strong business acumen)
- Management of diversity
- Excellent project management skills
- Preference will be given to candidates with ZOHO Books