Financial Manager

About the position

Responsibilities:

• Financial Reporting:
• Prepare monthly, quarterly, and annual financial statements by South African Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
• Coordinate the year-end audit process and liaise with external auditors to ensure timely completion of audits.
• Analyze financial data and provide insights to senior management for decision-making purposes.
• Budgeting and Forecasting:
• Develop and manage the annual budgeting process in collaboration with department heads.
• Monitor budget performance and provide variance analysis reports to identify areas of concern or improvement.
• Prepare long-term financial forecasts to support strategic planning initiatives.
• Financial Compliance:
• Ensure compliance with all relevant tax regulations, including VAT, PAYE, and corporate income tax.
• Stay abreast of changes in accounting standards and regulatory requirements, and implement necessary updates to ensure compliance.
• Coordinate with internal stakeholders to implement and maintain effective internal controls.
• Cash Flow Management:
• Monitor cash flow projections and manage cash balances to optimize liquidity.
• Oversee accounts receivable and accounts payable processes to minimize outstanding balances and optimize working capital.
• Financial Strategy:
• Provide strategic financial guidance to senior management to support business growth and expansion initiatives.
• Evaluate investment opportunities and conduct financial analysis to assess their viability and potential return on investment.
• Collaborate with cross-functional teams to develop and implement financial strategies aligned with organizational objectives.

Requirements:

• CA (SA) qualification - not negotiable
• Minimum of 3 years of experience in a Financial Manager role.
• Strong knowledge of South African GAAP, IFRS, and tax regulations.
• Excellent analytical and problem-solving skills.
• Proficiency in financial modeling and forecasting techniques.
• Advanced proficiency in Microsoft Excel and accounting software (e.g., SAP, Oracle).
• Only SA Citizens will be considered
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders.
• Strong attention to detail and accuracy.
• Ability to work under pressure and meet tight deadlines.
• Proven leadership and team management skills.

Desired Skills:

• IFRS
• Financial Accounting
• Treasury Management
• Balance Sheet Review
• Statutory Accounting
• Consolidated financial statement
• Group Accounting
• Financial audits
• Qualified Accountancy
• GAAP
• Financial compliance
• Financial Reporting Management

Desired Work Experience:

• 2 to 5 years

Desired Qualification Level & Accreditations:

• Honours
• Association of Chartered Certified Accountants

About The Employer:

FMCG