19.04.2024
Group Financial Manager Northern Suburbs
Opportunity Group of Companies
South Africa, Cape Town
These jobs were popular with other job seekers As a group of companies in the property sector we are seeking a highly skilled and experienced Financial Manager understanding the financial dynamics of managing a of group of companies to head up the department. The ideal candidate will be responsible for managing the daily financial operations of the Group with a specific focus on cash-flow management. This individual will be expected to have a deep understanding of the business's income and expense streams and the ability to interpret financial data effectively. The Financial Manager will be required to work closely with a software programmer to develop systems for tracking daily cash flow and managing the team to ensure the timely delivery of financial information whilst developing processes and structures. Duties&Responsibilities Responsibilities: - Full responsibility to manage and lead the team and ensure timeous deliverables. - Oversee the daily workings of the different companies in group with a focus on cash flow Management and profitability controls. - Ensure timely and accurate deliverables of statutory financial requirements. - Understand various income and expense streams and their impact on the group. - Interpret financial data and develop systems and processes with software developer. - Understand the business's financial requirements and deliverables. - Align the department's goals with the overall vision of the company. - Develop the team and foster an environment to achieve departmental and organizational goals. Duties: - The preparation of monthly management accounts for all companies. - Strictly manage deadlines and deliverables with team. - Completion and Submission, via e-filing and CIPC, of: Annual Returns (must have a CIPC virtual account in order to register new companies); Provisional tax returns; Annual tax returns (once AFS are signed) - VAT 201’s - EMP 201’s - EMP 501’s (via easyfile); - Updating weekly cashflow forecast for all entities. - Preparing monthly financial “draws” for Project expense payments. - Preparing Annual Financial Statements (e.g. Caseware) with working papers (IFRS knowledge). - Checking GL and site allocation processing, on Xero accounting package, for development projects. - Overseeing and signing-off monthly payroll on +-30 employees. - Completing and submitting WCA annual returns. - Completing and submitting monthly UIF returns. - Updating the monthly operational sheet for all development projects. - Updating the management accounts and operational sheet with a P&L per project. - Checking and releasing of all Bank loaded payments to suppliers. - Managing a team of 4 in the finance department. Team to grow in future. - Take Ownership of department - Develop processes&structures to increase productivity. - Working closely with the Administration department consisting of 3 persons. - Communicating, on a daily basis, with the construction team. - Provide reports to the operations team. - Full accountability of financial function. Desired Experience&Qualification Requirements: - Experience as a Financial Manager (or similar) within the property development and finance sector. - In-depth knowledge of cash flow management and financial operations. - Strong analytical and problem-solving skills with the ability to interpret complex financial data. - Experience in developing and implementing financial systems and processes. - Excellent leadership and team management skills. - Strong communication and interpersonal skills. - Minimum 10 years’ experience. - Microsoft office (excel advanced) - Xero - E-filing - Easyfile - Caseware - VIP payroll These jobs were popular with other job seekers #J-18808-Ljbffr
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