Financial Reporting Manager Rosebank

Group Financial Manager

The Group Financial Manager is responsible for planning and directing financial accounting, budgeting, auditing, cash management, and other fiscal operations and functions. This includes directing staff activities in maintaining, analyzing, and reporting financial accounting data, developing appropriate accounting systems, establishing necessary financial controls, approving various expenditures and obligations, planning and coordinating internal and external audits, and ensuring all activities conform to statutory legislation (incl. IFRS, Taxation Regulations, and other applicable legislation) and company policies and procedures.

Duties & Responsibilities

The main duties of the Group Financial Manager will be :

• Establish, build and maintain the financial monthly and annual reporting packs (management accounts)
• Reconcile the Management Accounts to the Monthly Ledgers (P&L to month AFS)
• Planning and directing financial accounting strategies along with CFO
• Establish a migration strategy from Xero to our next accounting system
• Establish succession and build successor for role
• Support regional CFO in P&L format, design and account mappings
• Identify and solve software strategic direction
• Budgeting LabourNet Group (HOF, Regions and Products, Cost of sales, Opex and Capex)
• Assist on audit direction and management assumptions
• Cash management and other fiscal operations and functions.
• Maintaining, analyzing and reporting financial accounting data
• Developing appropriate accounting systems (Xero / Corporate Planning and monthly reporting packs)
• Establishing necessary financial controls
• Approving various expenditures and obligations within budget (Capex, Opex)
• Planning and coordinating internal and external audits
• Ensuring all activities conform to statutory legislation (incl. IFRS, Taxation Regulations, CIPC and other applicable legislation) and company policies and procedures.
• Capitalization of the Development and platform team costs
• Spotlight and DraftWorx reporting for the group
• B / S Compliance and bank covenant management
• Management account Reviews for the group before the Interim release to CFO and regions
• Insurance compliance and the tenders for the company (Handle full insurance renewals and compliance)
• Cashflow predictions and analyzing the projections
• Nedbank Funding for the group and relationship management
• Test of controls for the entire group and ensuring the effectiveness
• Ratio analysis for the entire group
• Approval of the bad debts write off (IFRS9)
• Board Packs for the JV’s and the dividends calculations
• LabourNet partner Meeting (Board presentation packs financials)
• Processing Mapping for the entire company financial processes and systems
• Revenue completeness and revenue growth (Accountable)
• Support and oversee the Financial Manager – Operations and Statutory Finance
• Strategy and structure of the finance team (Reporting / Culture / Values, etc)
• Sign-off all financial policies and procedures with other Financial Manager
• AFS for the group and individual companies (Establish internally generated financial statements)
• Fixed assets compliance (policies and processes oversee)
• Internal customer receive accurate, timeous information, enabling them to make informed financial business decisions.
• Oversee and Support Financial Accounts with Annual Audits
• Oversee compliance Product and IT budgets
• Support CFO on revenue budgets and COS budgets with HR
• Manage Trial balance sign-off Monthly
• Manage FM output and timely reporting
• Sign-off quarterly B / Sheet recons
• Manage the Management Accounts and present to CFO performance dashboards
• Xero system owner and proper account structures (VAT, Classifications, Mapping)

Budgeting

Cash-flow management

Audits (internal & external)

Other :

Desired Experience & Qualification

Experience required :

Package & Remuneration

Salary : R115 000 CTC per month

Benefits : Laptop, Internet, Cell phone and Pension Fund.

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