Cape Town: Financial Manager (Development Finance/Financial Services) posted by Rory Mackie & Associates
Posted on 2025-09-20 00:00:00
| Employer | Rory Mackie & Associates |
|---|---|
| Category | Other Finance/Accounting |
| Location | Western Cape / Cape Town |
Job Summary
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
- Bachelors 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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