Job Description
About the Role
The Finance Manager role at Communicate Finance involves evaluating and enhancing financial systems, processes, and policies to improve efficiency and accuracy. This position requires a strong understanding of financial systems architecture and integration points with operational and reporting processes. The successful candidate will collaborate with IT and Finance teams to ensure system enhancements align with business needs and compliance requirements.
Key Responsibilities
- Evaluate and enhance financial systems, processes, and policies to improve efficiency and accuracy
- Propose and implement automation initiatives that reduce manual work and improve team productivity
- Maintain a strong understanding of financial systems architecture and integration points with operational and reporting processes
- Collaborate with IT and Finance to ensure system enhancements align with business needs and compliance requirements
- Manage and configure Project Accounting settings, including:
- Setting up basic project and billing configurations
- Validating and approving timesheets and expense submissions
- Managing billing rules and revenue recognition processes
- Customizing billing rules to meet business requirements
- Handling multi-currency transactions accurately
- Set up processes for timely invoice submission in line with client requirements
- Manage and review account reconciliations for accounts receivable, resolve client queries promptly, and ensure collections within agreed terms
- Collaborate with Principals to prevent overdue accounts and maintain healthy cash flow
- Review timesheets and expense reports for employees and contractors; reconcile contractor invoices
- Ensure service provider payments are processed according to agreed terms
- Manage and review account reconciliations A/P; approve cash disbursement schedules
- Improve and apply policies and strategies for accounts receivable and payable cycles for efficiency
- Lead, mentor, and develop the finance shared services team to deliver accurate, timely, and high-quality financial services
Requirements
- Minimum of 5 years’ experience dealing with consulting billing and/or collections/customer service role and management of AR and AP business cycle
- Knowledge in Information and IT Systems
- Ability to develop and establish financial policies and procedures
- Understanding of USA GAAP and IFRS
- Accounting systems experience preferred (NetSuite or other similar ERP system)
Qualifications
Bachelor’s degree in business administration, Finance, Accounting or similar
Articles advantageous
Designation PA(SA)/AGA(SA)/ CIMA
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Finance/Accounting Management Jobs in Western Cape
In Western Cape, South Africa, the finance and accounting management field is generally thriving, with a strong demand for skilled professionals to drive business growth and optimise financial performance. The region’s diverse economy, which includes various sectors such as technology, manufacturing, and services, creates a wide range of opportunities for finance professionals. As a result, job seekers in this field can expect a competitive market with varying levels of complexity depending on the industry sector.
Typically, finance and accounting management positions in Western Cape offer broad salary ranges, often falling within the R400 000 to R700 000 per annum bracket, depending on factors such as experience, company size, and industry sector. For example, senior roles may command higher salaries, while entry-level positions may start at around R250 000. However, it is essential to note that these figures are general estimates, and actual salaries can vary significantly based on individual circumstances.
Common skills required for finance and accounting management roles in Western Cape include expertise in financial planning and analysis, budgeting and forecasting, financial reporting and compliance, leadership and management, communication and interpersonal skills, analytical and problem-solving abilities, and technical proficiency in accounting software such as SAP or Microsoft Dynamics. These skills are highly valued across various industries, including the financial services sector, technology industry, manufacturing sector, and more.
These roles are often found in industries that require strong financial planning and management, such as the technology industry, where companies like Google and Microsoft operate. The manufacturing sector also frequently employs finance professionals to oversee production costs and optimize supply chains. In addition, the services sector, which encompasses various industries, including healthcare and education, also requires skilled finance professionals.
Career development opportunities in finance and accounting management are diverse, with many professionals progressing to senior leadership roles or moving into specialised areas such as audit and assurance, risk management, or financial planning. With experience and further training, finance professionals can take on increasingly complex challenges and assume more senior responsibilities within their organisations.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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