Job Description
About the Role
The Group Financial Manager will oversee the full financial management, reporting, and compliance functions across multiple entities within the Group. This role ensures the integrity of financial information, maintains robust financial controls, manages cash flow, and delivers accurate and timely management reporting to support strategic decision-making. The successful candidate will provide strong financial leadership, mentor the finance team, and drive operational and compliance excellence across all business units.
Key Responsibilities
- Oversee the complete finance function across all Group entities, including tax compliance, management accounts, budgeting, forecasting, and cash flow.
- Implement and maintain strong financial systems, processes, and internal controls.
- Proactively identify financial risks, recommending mitigation strategies to Directors.
- Ensure accurate and timely processing of journal entries, cashbook entries, reconciliations, and other financial transactions.
- Manage intercompany transactions, group loan accounts, monthly reconciliations, and fixed asset registers.
- Oversee working capital management including debtors, creditors, and cash flow optimisation.
- Manage the performance and KPIs of the finance department.
- Oversee banking relationships and ensure the completion of required banking documentation, credit facilities, and account setups.
Requirements
- Minimum 810 years experience in financial management, preferably in a multi-entity or group environment.
- Strong technical expertise in South African tax laws and statutory compliance.
- Proven experience managing audits, budgets, forecasting, and cash flow across multiple business units.
- Advanced Excel skills.
- Experience with ERP systems (SAP or similar) and advanced accounting software (Pastel, Evolution, or equivalent).
- Demonstrated experience in implementing or enhancing financial systems and controls.
Qualifications
- BCom Accounting, BCompt, or equivalent qualification (CA(SA) advantageous).
Salary & Benefits
A competitive, market-related package will be offered, commensurate with experience and qualifications.
How to Apply
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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