Finance Manager – CT

Our client, based in Cape Town, is looking for a Finance Manager. The purpose of the role will be to plan, direct, and execute local and global accounting activities as part of the Global Finance department.

Key Responsibilities:

  • Manage all local finance functions
  • Participate in global projects and tasks as a member of the Global Finance team
  • Financial tasks which must be completed in accordance with the company’s policies, procedures, and deadlines
  • Fund management – Forecast cash flow positions, related borrowing needs, and available funds for investment. Timely and accurate reports, Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements and the investment of additional funds, Sufficient funding with market related interest earnings
  • Budgeting – Manage the preparation of the company’s budget, Timely approved budget within set targets. Report to management on variances from the established budget, and the reasons for those variances, Accurate variance analysis MIS Report, Manage the preparation of the company’s amended forecast during the year for high level changes, Variance analysis to original budget/forecast, Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
  • Global Transfer pricing policy document – Manage the monthly processing of the company’s Global overhead reconciliation and the processing thereof to each underlying subsidiary. Group consolidation should be zero, Manage the monthly processing, Reconciliation and the processing thereof to the customer contracted subsidiary, Manage the compilation of the annual support file for the transfer pricing policy file supporting documents, Liaise with consultants for timely completion of the updated policy document in line with tax deadlines and regulations for each region, Timely and accurate TP document for external use
  • Financial Audits – Coordinate preparation of external audit for all subsidiaries and Group Timely and accurate Annual financial statements without qualifications, Prepare the underlying base files for each entity with supporting documents as per the requirements of the external auditors
  • Financial analysis and processing – Engage in ongoing cost reduction analysis in all areas of the company, Complete projects as directed. Interpret the company’s financial result to management and recommend improvement activities, Assist in the determination of pricing in relation to future prospects, Compile key business metrics and report on them to management, Create additional analyses and reports as requested by management, Monthly customer profitability report, Monthly retained earnings report, Monthly tax and compliance report, MIS (management information systems – monthly management reports) month end/year-end review Global comments and ensure costs are complete and accurate, for discussion with CFO Month end -Ensure reconciliation’s completed, Intercompany reconciliations, Ensure month end deadline schedule completed on time and reports are accurate, Participation in cost analysis

Qualifications and Experience:

  • Bachelor’s degree in finance /accounting and at least 10 years’ experience in a similar role in a global organization
  • Sound experience in the preparation of local tax returns, VAT returns and other statutory reports
  • Sound experience in payroll management ledger management and related statutory returns
  • Basic knowledge of local income taxation laws applying to companies
  • Demonstrated ability to work in a team
  • Demonstrated commercial acumen
  • Advanced skills in the use of Microsoft Office products, particularly Excel
  • Fluency in English, written and spoken
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