Job Description
A leading Financial Services organization is seeking an accomplished and highly skilled Consolidations Manager with a robust background in group financial reporting and IFRS compliance to join their core Finance team in Gqeberha. This pivotal role offers a dynamic opportunity for a results-oriented finance professional to oversee and manage the complex financial consolidation process across various entities and subsidiaries, ensuring the accuracy and timeliness of the organization’s comprehensive financial statements. The successful candidate will be instrumental in eliminating intercompany transactions, reconciling accounts, and providing senior management and stakeholders with detailed financial analysis and insights that drive strategic decision-making.
Responsibilities:
- Lead and manage the sub-consolidation process, ensuring accurate and timely financial reporting for the entire organization.
- Execute the core consolidation tasks, including consolidating financial statements, intercompany eliminations, and account reconciliations.
- Prepare and analyse the full set of consolidated financial statements, specifically the income statements, balance sheets, and cash flow statements.
- Ensure rigorous compliance with IFRS and local accounting standards (where applicable), financial regulations, and internal control procedures.
- Provide detailed financial analysis and insights to senior management and other stakeholders.
- Communicate financial results, explain variances, and offer recommendations for improving financial performance and supporting strategic decision-making.
- Continuously evaluate and improve financial reporting processes to enhance efficiency and accuracy.
- Collaborate effectively with various stakeholders, including senior executives, business unit leaders, and external auditors.
- Assist with audit preparation.
- Adhere to Company HR Policy, the Code of Business Conduct, and department procedures, including protecting confidential company information.
Requirements:
- Must be a Qualified CA(SA).
- A minimum of 8+ years of experience in finance, with a specific focus on group consolidations and financial reporting.
- In-depth knowledge of accounting principles, financial consolidation methodologies, and reporting standards (e.g., IFRS, US GAAP).
- Proficiency in using financial consolidation software.
- Advanced Excel skills.
- Knowledge of accounting and finance processes, practices, procedures, and financial compliance.
Contact Hire Resolve for your next career-changing move.
- Our client is offering a highly competitive salary for this role based on experience.
- Apply for this role today, contact Lidene Pienaar at Hire Resolve on *****@*****.co.za or on LinkedIn
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.
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