Financial Manager

Duties & responsibilities:

  • Monitor cashflows and liquidity risk and provide back up and support to the Accounts Manager on matters relating to payments and banking control

  • Monitor debt collection and credit risk and provide back up and support to the Accounts Manager on matters relating to debtors control

  • Monitor payments to creditors and creditors balances and provide back up and support to the accounts manager on matters related to creditors control


Assist the company in achieving its financial objectives by:

  • undertaking financial and cash-flow planning

  • advising on best-practice, with the support of Exco

  • preparing annual budgets or any other bespoke budgets and schedules suitable for analyses

Take responsibility for financial reporting including:

  • preparation and presentation of monthly management accounts to Exco

  • any other reports and analyses as required from Exco and/or other HOD's e.g. sales, targets and expenditure reports and analysis


  • Provide back up and support to the accounts manager on maintaining accuracy, validity and completeness of accounting records in QuickBooks, with special reference to processing of journals, accruals, provisions etc

  • Manage the financial year end close out and preparation of the annual audit/review/compilation file and act as liaison with the external auditors/reviewers/compilers and tax advisors

  • Ensure compliance with income tax, VAT and employees tax laws and regulations

  • Ensure that insurance coverage is appropriate

  • Ensure compliance with other laws and regulations relevant to financial and corporate governance e.g. Companies Act, Close Corporations Act, CIPC regulations

  • Organise the team and their duties in a way that achieves synergy across the department.

  • Monitor and manage team performance

  • Review and implement standard operating processes in line with finance best practices

  • Prepare monthly management reports and build budgets and cash flow models

  • Work with management to build costing and pricing models for the various internal divisions

  • Work with the HOD’s to drive progress and ensure the departmental targets are achieved

  • Introduce new ideas and measures to increase the company profitability

  • Monitor staff salary costs per department and adjust departmental targets as required


Skills required:

  • High attention to detail

  • Assertive, Innovative and ability to problem solve

  • Excellent verbal and written communication skills - ability to communicate effectively with management, clients and colleagues

  • Able to meet deadlines and work under pressure when required

  • Ability to handle multiple tasks simultaneously


Technical skills and experience required:

  • Degree in accounting / finance

  • Previous Financial Management experience in a similar role essential – 3 to 5 years

  • Completed articles under a SAICA, SAIPA or CIMA learnership programme essential

  • Experience or understanding of Companies operating internationally highly advantageous  

  • Sound computer skills using Microsoft products

  • QuickBooks experience an advantage

  • Experience in leading a finance team