Johannesburg: Financial Manager posted by Palesa Mbali Group
Posted on 2025-06-16 00:00:00
| Employer | Palesa Mbali Group |
|---|---|
| Category | Other Legal |
| Location | Gauteng / Johannesburg |
Job Summary
We are seeking a proactive and detail-oriented Finance Manager with a strong background in legal practice finance, including experience working within a Ghost Practice System. The ideal candidate will bring 35 years of hands-on experience in a law firm environment and demonstrate a solid understanding of legal trust accounting, compliance frameworks, billing systems, and financial strategy development tailored for the legal industry. Salary is R450k per annum.
Key Responsibilities:
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Oversee the full finance function of the firm, including accounts receivable, payable, payroll, and trust accounting.
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Operate and manage financial workflows within the firm’s Ghost Practice System, including mock billing, internal control tests, and training simulations.
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Maintain compliance with legal trust accounting rules, regulatory requirements (e.g., Legal Practice Act), and audit standards.
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Prepare and present monthly, quarterly, and annual financial statements and management reports.
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Liaise with auditors, compliance officers, and legal practice councils during financial audits and inspections.
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Collaborate with legal, HR, and operations teams to ensure accurate financial reporting and budgeting.
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Analyze financial data and provide strategic insight to improve profitability, control costs, and manage cash flow.
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Implement and monitor internal financial controls and policies within both real and simulated (ghost) environments.
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Support training initiatives and contribute to the continuous development of the Ghost Practice System for finance-related modules.
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Manage billing and invoicing procedures, ensuring accurate time recording, disbursements, and client account reconciliation.
Minimum Requirements:
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Bachelors degree in Finance, Accounting, or a related field.
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Minimum of 35 years of financial management experience within a law firm.
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Proven experience working with or managing a Ghost Practice System (e.g., for training, simulation, or compliance testing).
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Deep understanding of trust account management and legal accounting software.
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Strong knowledge of financial compliance and regulatory frameworks relevant to legal practices.
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Proficiency in legal practice management and accounting systems (e.g., AJS, GhostPractice, Xero, CaseWare).
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High level of accuracy, integrity, and attention to detail.
Desirable Skills:
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Postgraduate financial qualification (e.g., CIMA, SAIPA, CA(SA), or similar).
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Experience with automation and digital financial workflows.
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Strong leadership and interpersonal skills for cross-department collaboration.
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Ability to handle confidential information with discretion.
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Experience in training junior staff or involvement in on-boarding through simulated environments.
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