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East London: Group Finance Manager

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Job Description

About the Role

We are seeking an experienced Group Finance Manager to oversee and manage the financial health of our organisation, providing strategic financial insight to support executive decision making. The ideal candidate will have a strong background in finance leadership, risk management, and regulatory compliance, with experience in group structures and a proven track record of driving financial performance improvement.

Key Responsibilities

  • Review and analyse monthly management accounts, providing detailed variance analysis and insights to the COO and Board
  • Prepare and present comprehensive quarterly board packs, ensuring alignment between financial performance and strategic objectives
  • Lead the budgeting and forecasting process in collaboration with departmental heads to ensure accuracy and strategic alignment
  • Oversee credit application processes, conducting thorough due diligence to minimise financial risk and improve customer quality
  • Act as custodian of organisational assets, ensuring compliance with IFRS and approving all capital expenditure
  • Coordinate internal and external audits, ensuring compliance with regulatory standards and identifying risk areas
  • Develop and implement compliance monitoring frameworks to improve operational efficiency
  • Partner with HR to drive ethics and governance initiatives across the organisation
  • Oversee the preparation and submission of all tax returns, including Provisional Tax and ITR14, ensuring full compliance
  • Manage dividend withholding tax calculations, submissions, and reporting
  • Maintain and update tax policies in line with current legislation
  • Liaise with SARS on tax-related matters, ensuring timely submissions, payments, and resolution of queries
  • Monitor and manage cash flow to ensure sufficient liquidity for operational requirements
  • Oversee fixed asset registers and capital expenditure tracking across departments
  • Manage payment processes, including supplier payments, floorplans, and petty cash, ensuring accuracy and timeliness
  • Implement and maintain effective governance frameworks to ensure regulatory compliance
  • Serve as the primary liaison with auditors, financial institutions, and SARS
  • Review contracts and credit agreements to mitigate financial and operational risks
  • Conduct regular risk review meetings with departmental heads covering key areas such as cash sales, WIP, debtors, and inventory controls
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Requirements

  • Grade 12/ Matric CA(SA) or Bachelors’ Degree in Accounting / Finance Articles at a registered Audit Firm
  • 5 years post articles experience of which at least 2 years must have been in a Managerial role
  • Experience in Group structures

Qualifications

  • Formal education/certifications (Bachelor’s, LLB, Matric, etc.)

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accounting / Finance Jobs in Buffalo City

When it comes to Accounting and Finance positions in Buffalo City, South Africa, the general job market trends indicate a steady demand for skilled professionals in these fields. Typically, companies across various industries require accountants and finance specialists to manage their financial operations, ensure compliance with regulations, and provide strategic financial insights.

Generally, salaries for accounting and finance roles in Buffalo City can range from R400 000 to R800 000 per annum, depending on factors such as experience, company size, industry sector, and qualifications. However, it’s essential to note that these are broad ranges, and actual salaries may vary significantly based on individual circumstances. For instance, a finance manager with extensive experience in the manufacturing sector might earn closer to the higher end of this range, while an entry-level accountant in a smaller company might start at the lower end.

Common skills required for accounting and finance roles include strong analytical and problem-solving abilities, proficiency in financial software such as Xero or SAP, attention to detail, excellent communication and interpersonal skills, and knowledge of accounting standards and regulations. Typically, companies look for professionals with a degree in accounting or finance, as well as relevant certifications such as the Certified Public Accountant (CPA) designation.

Accounting and finance roles can be found across various industry sectors, including financial services, technology, manufacturing, and healthcare. Financial services sector, for example, often requires accountants and finance specialists to manage client relationships, ensure regulatory compliance, and provide financial analysis and planning support.

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Career development opportunities for accounting and finance professionals in Buffalo City are plentiful. Typically, entry-level positions can progress to senior roles within a few years, with opportunities to specialize in areas such as tax consulting, auditing, or financial planning. Many companies also offer training and development programs to help employees enhance their skills and advance their careers. With dedication and hard work, accounting and finance professionals can enjoy rewarding and challenging careers in Buffalo City.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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