Job Description
About the Role
Hire Resolve has partnered with a Specialized Finance Company within the Investment space to find a Finance Manager to join their team in Sandton, Gauteng. The role is responsible for the financial and management accounting function.
Key Responsibilities
- Responsible for the overall expense management including budgeting and forecasting
- Prepare and analyse monthly expense variance reports for each business unit
- Ensure appropriate recording of expenses by working closely with and supervising Accounts Department
- Drive the implementation and take ownership of a budgeting application for delivery of budget, forecast and projections for the business
- Develop and maintain effective expense management processes and procedures in support of financial strategies
- Support and provide monthly financial reporting for management which includes the preparation of management accounts and consolidations
- Recommend cost optimization initiatives in value creation and efficiencies for the business
- Take ownership of cost allocation basis and drive the process in support of business requirements
- Develop costing models or techniques to analyse cost behaviour, drivers of costs, data and reports that provide relevant information and support management decision making
- Enhance revenue reporting process for Business Units by developing financial models to support the process
- Prepare and produce financial analysis of the business results (analytical review) and balance sheets that support such results
- Prepare annual statutory financial statements per entity with relevant and appropriate accounting disclosures in terms of IFRS
- Interacting with auditors to enable an efficient audit process
- Involvement in taxation matters (specifically VAT)
Requirements
- BCom Accounting or equivalent qualification
- Knowledge of JDE, IDU and HFM will be an added advantage
- Minimum 5 years work experience in management accounting role within financial services industry
- Budgeting and forecasting experience
- Accounting and IFRS experience
Qualifications
No formal education/certifications mentioned.
Salary & Benefits
Salary: R880K/yr – R1M/yr, negotiable.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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