Financial Manager (Development Finance / Financial Services)

A Cape Town based development finance business, within financial services, that specializes in high-impact credit lending to BEE companies, is looking for a Financial Manager to join their team.

At a minimum, a candidate would be required to have at least 2-3 years’ experience in financial accounting post articles and previous exposure to financial services, specifically credit lending, leveraged finance or investment banking would be a distinct advantage. Importantly the candidate should have an interest or passion for development finance.

Key responsibilities will include :

• Develop and execute financial strategies aligned with organizational goals
• Manage financial operations and ensured compliance with local financial regulations.
• Provided monthly, quarterly, and annual financial reports to CEO and directors.
• Oversee cash flow, working capital, and financial risks, and find ways to effectively reduce operational costs annually and meeting budgets.
• Supervise accounts payable / receivable processes, optimizing operational efficiency.
• Lead and guide a team of 4 finance professionals, fostering growth and continuous improvement in performance.
• Implement and maintain financial systems Xero, Simplepay, improving workflow efficiency.
• Manage day-to-day financial operations, including budgeting, financial reporting, and reconciliation.
• Conduct financial analysis to guide decision-making processes and improve business outcomes.
• Prepare, budgets, and financial planning processes.
• Ensure compliance by submitting timely tax returns and other company returns
• Lead the financial year end and BBBEE audit
• Prepare and present board packs to directors quarterly
• Prepare and review policies and procedure documents for finance and HR department
• Interview, draft and review new employee contracts including loading them on the payroll system.
• Prepare monthly payroll run to pay all active employees for the month.
• Oversee any employee related queries including CCMA cases where they may arise.
• Manage EFT payments

Qualifications and Experience required :

Characteristics and qualities :