20.04.2024
Group Financial Manager Market Related depending on experience
Opportunity Group of Companies
South Africa, Cape Town
These jobs were popular with other job seekersAs 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 & ResponsibilitiesResponsibilities:- 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 & QualificationRequirements:- 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 payrollThese jobs were popular with other job seekers#J-18808-Ljbffr
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