Financial Manager

We are looking for a Finance Manager to supervise all financial tasks of our company and ensure we use capital and resources beneficially. As the Finance Manager you will be responsible for managing the day-to-day operations of the Finance Department, Financial reporting as well as developing and leading the Finance and payroll team. You will ensure accurate financial information and reporting across the organisation, timely provision of group and statutory reporting, forecasts and budgets to meet business needs. You will provide proactive advice and guidance to the Companys Leadership teams in respect to all financial matters affecting the company. This role will be an integral member to the leadership team providing financial insight and participating in strategy execution to ensure planned performance and growth is achieved. You will also be responsible for analysing the financial risk framework for the business as well as planning and controlling the business budget to ensure all financial regulatory obligations are met. Key Responsibilities and/or output areas include, but are not limited to: Financial Management Functions as a member of the Leadership team. Works closely with the senior leadership team to establish and deliver on EBIT metrics. Provides financial advice and guidance to the senior leadership team and budget holders. Mentors and provides advice and guidance to the Finance and Operations functions. Ensuring all transactions are Complete, Accurate and Valid at all times and timeous processing of debtors, creditors, cashbook and general ledger in line with International Financial Reporting Standards and Company Policies. Manage auditors (including internal and external audits) and ensuring continuous improvement in annual evaluations. Ensures appropriate management and control of the Companys fixed asset registers and processes. Ensure appropriate OKRs are in place for the Finance & Operations functions and reviewed by the business quarterly. Maximises financial performance and accuracy by providing support to the business ensuring they understand their performance against budgets monthly. Ensures the appropriate relationship and collaboration between the finance and business teams. Conducts reviews and drives cost efficiency opportunities. Working Capital Management. Ensures timeous billing and invoices to customers and payments to creditors. Ensures the accurate and timely completion of the Companys cashbooks. Manages, monitors and interprets cash flow and predicts future trends including regular cash flow forecasts. Manages Foreign exchange exposure requests hedging at appropriate levels for foreign debtors and creditors in line with group hedging policy. Maintains bank relationships. Ensures management of petty cash, supplier corporate accounts and credit cards. A member of the procurement committee ensuring appropriate procurement management as follows: Ensure procurement processes and contracts are in place and are adhered to Regular supplier evaluations to ensure spend is with the correct vendors around quality, price and BEE transformation targets Reviewing and reporting on preferred provider lists Reporting to the business on total procurement spend and highlighting areas of improvement and risk Reporting Ensure the following reporting and reconciliations are prepared accurately and timeously as follows: Monthly balance sheet reconciliation Material income statement accounts Annual financial statements prepared by the team Reviews the annual corporation tax computations Reviews VAT and Stats SA returns Month end and yearly accounting timetables Payroll review Any other reports as required by the business Systems and processes Maintains integrity and relevance of the financial systems Ensures internal controls are maintained in line with company policy Reviews and improves financial policies, processes and procedures Works with the business to establish and maintain processes which affect finance and the profitability of the company Maintains register of all finance policies and procedure Manages process improvement and optimisation projects People Management Leads by example in living the values of the organisation Ensures the department is fully equipped to handle the workload and distribute workflow Coaches to ensure a full understanding of consequences of errors Creates awareness of the companys strategic objectives and their alignment to the department and company objectives Creates an environment that fosters teamwork and co-operation amongst team members Communicates effectively, building and maintaining relationships Builds a diverse team in keeping with the Diversity, Equity and Inclusion imperatives of the company Ensures consistent compliance to company policies and procedures, corporate governance and relevant legislation Attraction and Selection Ensures appropriate staffing and action accordingly Ensures appointments are in line with strategy Selects and places candidates in terms of agreed recruitment and selection process Retention Develops and empowers people, recognising and rewarding value-added performance Training and Development Monitors implementation of training needs as per individual development plans Career Pathing and Succession Planning Identifies, manages and develops talent Performance Management Sets direct reports quantitative and qualitative performance objectives and ensure individual performance objectives are in place and reviewed to meet organisational and individual needs Identifies, manages and develops talent Continually strives to up-skill and motivate staff through effective leadership, mentoring, coaching, performance improvement and the creation and implementation of individual development plans Ensures bi-annual performance reviews take place with direct reports, identifies poor performance and takes corrective action Minimum Requirements No criminal record Clear financial record Qualifications, Experience and Knowledge CA qualified or equivalent (CIMA / ACCA) 8 years post-article experience as a Senior Financial Manager supervising finance and payroll teams Management Consulting industry experience Financial systems experience (Maconomy / Onestream advantageous) Microsoft Office including advanced Excel Project accounting experience advantageous Foreign exchange experience Tax & Annual Financial Statements experience BBBEE experience Skill Financial management Oral and Written Communication Collaboration Teamwork Attributes Proven track record Attention to detail Analysis Leadership Driven - Delivers results and meets customer expectations Adapt and respond to change Integrity beyond reproach Please note: As all iqbusiness roles require honesty in the handling of or access to cash, finances, financial systems, or confidential information; our recruitment process requires that the following background checks be completed: credit, criminal, ID and qualification verification iqbusiness is committed to sustainable growth and transformation, we embrace diversity and employ previously disadvantaged individuals