Group Finance Manager

The Group Finance Manager is a pivotal role within the organization responsible for overseeing the entire finance function across the group. This role encompasses internal and external reporting budgeting forecasting and cash flow management. The Group Finance Manager will ensure financial integrity regulatory compliance and effective financial planning and analysis to support strategic decisionmaking. The ideal candidate is a Chartered Accountant with a robust background in finance management and a proven track record of leadership in a similar capacity.

Key Responsibilities:

1. Financial Management:

   • Oversee the daytoday financial operations of the group ensuring accuracy timeliness and compliance with internal policies and regulatory requirements.
   • Develop and implement financial policies procedures and controls to ensure effective financial management and operational efficiency.

2. Internal Reporting:

   • Prepare and present monthly quarterly and annual financial reports to the executive team and board of directors.
   • Conduct detailed financial analysis to provide insights into business performance and inform strategic decisions.
   • Coordinate and manage the internal audit process ensuring adherence to internal controls and identifying areas for improvement.

3. External Reporting:

   • Ensure accurate and timely preparation and submission of statutory financial statements and regulatory filings.
   • Liaise with external auditors to facilitate the annual audit process and address any audit findings or recommendations.
   • Stay updated on changes in financial regulations and accounting standards ensuring compliance across the group.

4. Budgeting and Forecasting:

   • Lead the annual budgeting process working closely with department heads to develop realistic and strategic budgets.
   • Prepare and update financial forecasts providing scenario analysis and risk assessments.
   • Monitor and report on budget variances identifying areas of concern and recommending corrective actions.

5. Cash Flow Management:

   • Oversee cash flow planning and management to ensure sufficient liquidity for operational needs and strategic initiatives.
   • Optimize the group’s working capital through effective management of receivables payables and inventory.
   • Develop strategies for capital allocation financing and investment to support growth and sustainability.

6. Team Leadership and Development:

   • Lead mentor and develop the finance team fostering a culture of continuous improvement and professional growth.
   • Set performance goals provide regular feedback and conduct performance appraisals for finance staff.
   • Promote collaboration and effective communication within the finance team and with other departments.

Qualifications:

• Education: CA (SA) with 25 years experience.
• Certification: Chartered Accountant (CA) designation is mandatory.
• Experience: Minimum of 25 years of progressive finance experience including at least 35 years in a management or leadership role.
• Skills:
  • Strong technical accounting knowledge and familiarity with IFRS/GAAP.
  • Excellent analytical strategic thinking and problemsolving skills.
  • Proficiency in financial management software and advanced Excel skills.
  • Exceptional communication and presentation abilities.
  • High level of integrity and dependability with a strong sense of urgency and resultsorientation.

Key Competencies:

• Leadership and Team Management
• Financial Planning and Analysis
• Regulatory Compliance and Risk Management
• Strategic Thinking and Decision Making
• Effective Communication and Collaboration

Working Conditions:

• This role is typically performed in an office environment that offers a hybrid model with occasional travel to other company sites as required.
• Extended working hours may be necessary during peak reporting periods.