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Cape Town City Centre: Financial Manager (Development Finance/Financial Services)

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Job Description

A Cape Town based development finance business, within financial services, that specializes in high-impact credit lending to BEE companies, is looking for a Financial Manager to join their team. At a minimum, a candidate would be required to have at least 2-3 years’ experience in financial accounting post articles and previous exposure to financial services, specifically credit lending, leveraged finance or investment banking would be a distinct advantage. Importantly the candidate should have an interest or passion for development finance. Key responsibilities will include: Develop and execute financial strategies aligned with organizational goals Manage financial operations and ensured compliance with local financial regulations. Provided monthly, quarterly, and annual financial reports to CEO and directors. Oversee cash flow, working capital, and financial risks, and find ways to effectively reduce operational costs annually and meeting budgets. Supervise accounts payable/receivable processes, optimizing operational efficiency. Lead and guide a team of 4 finance professionals, fostering growth and continuous improvement in performance. Implement and maintain financial systems Xero, Simplepay, improving workflow efficiency. Manage day-to-day financial operations, including budgeting, financial reporting, and reconciliation. Conduct financial analysis to guide decision-making processes and improve business outcomes. Prepare, budgets, and financial planning processes. Ensure compliance by submitting timely tax returns and other company returns Lead the financial year end and BBBEE audit Prepare and present board packs to directors quarterly Prepare and review policies and procedure documents for finance and HR department Interview, draft and review new employee contracts including loading them on the payroll system. Prepare monthly payroll run to pay all active employees for the month. Oversee any employee related queries including CCMA cases where they may arise. Manage EFT payments Qualifications and Experience required: 3 years’ experience in a financial accounting role, preferably within a credit lending, leveraged finance or investment banking environment or exposure to or interest in development finance Bachelor’s Degree in Accounting, Finance or a related field, CA(SA) Solid mastery of financial analysis, modelling and valuation work with minimal oversight Support ability to be able to create presentation materials using PowerPoint, Excel and Word Strong interpersonal & communication (written and oral) skills Team player with the ability to build effective relationships with management teams and other intermediaries and colleagues Ability to maintain elevated level of productivity and efficiency Manage priorities while working on a number of opportunities simultaneously Strong quantitative, analytical and problem-solving skills Strong individual initiative with the ability to take a proactive approach to assigned projects Able to maintain a high level of confidentiality A willingness to continuously learn Characteristics and qualities: Ability to multi-task Flexible approach and willingness to assist in related issues (small team requires multi-faceted role) Proactive and the ability to work independently Strong attention to detail Results focused Willingness to work flexible hours when required
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