Financial Manager
Faircape
Southern Suburbs, Western Cape
Permanent
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Posted 05 July 2024

Job Details

Job Description

The Faircape Group constitutes a group of companies with interests in a number of activities including Telecommunications, fibre provisioning an ISP, Water, and Electricity Utility Management and infrastructure installation, Property Management, Healthcare, and Retirement. 

Faicape currently has a great opportunity for a Financial Manager that has become available. The Financial Manager will take responsibility for the planning, implementation, managing and running of all the finance activities of portfolio in Faircape Group. 

We are centrally located, with modern offices just across from Cavendish in Claremont. 

If you would like to work in a fast-paced, dynamic environment where opportunities are endless, then apply now!

Duties include but are not limited to the following:

Leadership, Direction & Management

  • Provide leadership, direction, and management of the finance and accounting teams 
  • Management and involvement with the day-to-day operations of the payments teams, the debtors and invoicing team, and the management accountant teams
  • Ensuring the monthly management accounts are meaningful, and that all supporting documents are attached for any variances. 
  • All operations matters, work as part of the Senior Management Team to contribute financial and operational expertise in the development and implementation of organizational strategies, policies, practices, etc.
  • Responsible for reviewing financial systems, internal controls and procedures
  • Manage the processes for financial forecasting and budgets 
  • To interact with Directors, Finance & Staffing Committees by providing financial reports and information to ensure sound financial and operational governance
  • Ensuring cashbooks, age analysis, are completed for the monthly management account packs
  • Planning and coordinating the external audit process
  • Review the Annual Financial Statements of all entities 
  • Solution driven and have the ability to identify, develop & implement effective work processes, procedures and controls.

Strategy

  • Provide strategic recommendations to the CEO and members of the executive management team
  • Define financial requirements against mandated goals and objectives 
  • Improve operational systems, processes and policies - specifically, better management reporting, information flow and management, business process and organisational planning 
  • Play a significant role in long-term planning, including an initiative geared toward operational excellence
  • Develop financial goals and objectives for the team
  • Develop financial policies and procedures for operational efficiency 

Reporting 

  • Reporting to the Group Financial Manager  
  • Set budgets for each company and division.
  • Analyse monthly accounts 
  • Produce financial reports related to budgets, account payables, account receivables, expenses, etc as per due dates scheduled
  • Oversee the preparation of all financial reporting
  • Ensure all department deliverables are met on time
  • Monitor the actual use of financial resources against the approved budget
  • Produce financial reporting that shows the organization’s financial position, operating performance and cash flow over a period time through the use of financial statements
  • Create management reports on a regular basis that are relevant to decision making processes  

Qualifications:

  • Minimum NQF 6 Level in Accounting/Management Accounting 
  • NQF Level 7 is advantageous

Experience and Knowledge:

  • Relevant experience in commercial / corporate / operational environment in a managerial role
  • Proven leadership skills is essential (experience in managing a corporate finance team/department)
  • Knowledge of Xero Accounting System would be an advantage
  • Solid knowledge of financial processes, systems and related laws

Skills and Attributes

  • Experience in a commercial environment, including developing & implementing effective work processes, procedures and controls
  • Excellent computer skills (experience in Google drive, docs, sheets advantageous)
  • Leadership skills
  • Dynamic, energetic, driven
  • Excellent written and oral communication skills.
  • Excellent analytical and abstract reasoning skills, plus excellent organisation skills
  • Able to identify system inefficiencies and propose solutions
  • Attention to detail
  • Technical financial acumen
  • A self-starter who shows initiative and can work independently to solve problems.
  • Able to perform under pressure
  • Responsible individuals who can commit to deadlines and will ensure that they are met.

Specific Requirements

  • Clear health record
  • Clear credit record
  • No criminal record
  • Written employment references preferable

Normal working hours are Mondays to Fridays from 08h00 until 17h00 with a 45-minute lunch break. The company allows employees, by approval of the direct manager, to work flexi-time between 07h00 and 18h00.

We offer Barista produced coffee available all day to all our staff at Claremont.

Faircape offers a market-related salary from R 50 000.00 Cost to Company per month.

Should you not receive a response within 2 weeks of applying, please consider your application unsuccessful.