Job Objectives

•    To ensure the finance department delivers on the information requirements of the group that are relevant, reliable and timeous according to agreed SLA
• To ensure the continuous assessment and communication of the impact of changes in the accounting treatment and of non-routine transactions, which has a material impact on earnings or substantive change in disclosure in accordance with IFRS
•   Manage and oversee the statutory financial reporting process, including liaising with the auditors and management of the signing process. 
• To ensure effective financial reporting in compliance with statutory and JSE requirements in order to provide appropriate disclosure of information to relevant stakeholders.
•  Manager and oversee the budgeting and forecasting process from inception to completion including:

-        Ensure the budgeting tool is ready for use and users are trained accordingly.

-        Actively manage the planning and submissions.

-        Consolidate the business units to produce a consolidated group budget.

-        Ensure all deadlines are met.

-        Review the brand budget submissions to ensure that the budget aligns to the group strategy. 

•    Oversee the fixed asset process from initiation to reporting, including capex processes and management of the fixed asset register.
•    Manage lease accounting (IFRS 16) for the group, including the treatment of transactions, reconciliation of accounts and financial statement disclosure.
•     Manage lease accounting insurance portfolio for the group, including the renewal process and claims.
•     Assist with ad-hoc reporting and analysis. 
•   To ensure effective people management and their development in line with Group HR strategy and departmental needs
•    To ensure the provision of efficient and cost-effective transactional processing capabilities for the retail businesses in accordance with SLA's
•    To ensure the optimal use of information and resources with a view to improvement in process compliance and business practices
•    To ensure that SLA's are developed, implemented and regularly reviewed to ensure relevance and effectiveness.
•       To ensure that the Group’s working capital control processes are well maintained and oversee the review process of working capital accounting principles and significant group provisions.
•    To oversee the monthly reporting of Group Services Finance department including the expense base review, cost allocations, reconciliations (payroll) and budgeting.
•     Identify and implement improvements within the finance control environment.
•     Assist in delivering long term objectives and goals.
•     Provide coaching and mentorship for future development

Job Related Knowledge 

• Knowledge of working on different accounting systems
•          Knowledge of International Financial Reporting Standards
•         Practical knowledge of budgeting
•        Knowledge of statutory requirements
•        Relevant knowledge of Companies Act
•        Cash flow management
•        Budgeting

Job Related Skills

•         Computer Literacy, Excel, SAP, SAP EPM and SAP SAC (or equivalent)
•         Interpersonal skills
•         People Management skills
•         Negotiation skills
•        Time management skills
•         Planning skills
•         Communication skills
•     Leadership skills
•         High level verbal and written skills 

Job Experience

• Articles with major accountancy firm
• 5 years' experience in finance department or professional services firm preparing listed financial statements
•  5 years' experience performing a management function within a head office environment of a listed company