General Manager: Finance
Sandton
R-Neg

Leading investment concern seeks to appoint a General Manager to manage the financial division of the company including its subsidiaries. The successful incumbent will work collaboratively with Executive team members and collaborate with Auditors, Financial Consultant and the Commercial Manager.

Skills Required:

• Registered CA (SA) – This is an essential requirement.
• A minimum of 5 years’ financial management experience with a strong track record at senior/ executive level.
• Strong Knowledge of King III Report, Company’s Act, Income Tax Act.
• Strong Finance IT knowledge.
• Strong leadership skills.
• Strong stakeholder management skills.
• Strong affinity to develop financial staff.

Responsibilities:

Management
• Manage the financial department by ensuring that the department is staffed correctly, that staff are performing optimally and are that they being developed as necessary.
• Review and implement financial processes within the department and to improve efficiency and identify, minimise and avoid risks.

Budget Compilation and Assessing Financial Performance
• Prepare the Financial Budget.
• Provide Monthly Financial Reports to HOD’s.
• Analyse the financial performance of the company on a monthly basis to assess profit and cost-saving opportunities.
• Prepare and present financial forecasts to EXCO and assists with the analyses.
• Compiles Quarterly Financial Report for the Board within the format and timeframes specified.

Supplier and Stakeholder Management
• Build good working relationships with stakeholders such as banks, auditors and other suppliers.
• Ensure that Supplier Questionnaires are up to date and complete.

Cash Flow Management
• Monitor the company’s cash flow.
• Authorise payments as per authority levels and signing powers.

Payroll
• Check the Groups’ Payroll on a monthly basis before payments are released to ensure accuracy.
• Advises on improvements and assists with tax advice and changes in legislation impacting upon Payroll.
• Ensures that any financial discrepancies related to Payroll are addressed timeously.

Social and Ethics Committee
• Co-ordinates the Social and Ethics Committee.

Insurance
• Reviews the Insurance Evaluation Reports to ensure that the company is within the insurance limits. If not, investigate why.
• Ensures that necessary Insurance Policies are renewed, which entails completing the necessary renewal documentation.

General functions
• Treasury and Forex functions
• Participation in projects

Only short-listed candidates will be contacted.