Job Description
About the Role
The Group Financial Manager will be responsible for planning, carrying out, overseeing, and coordinating all the group’s financial operations, including reporting, forecasting, budgeting, and consolidation. This role requires a strong understanding of financial concepts, regulations, and best practices to improve the group’s financial well-being.
Key Responsibilities
- Provide the entire range of financial obligations to improve the group’s financial well-being.
- Examine and analyse monthly management accounts, making recommendations for additional actions.
- Assure adherence to regulatory requirements, accounting rules, and offering technical assistance to the Cluster’s finance heads.
- Examining operations to find areas for improvement, cutting costs, and improving systems.
- Assist with strategic analysis and planning, as well as conduct assessments and evaluations for possibilities to reduce costs.
- Examine and approve journals.
- In charge of evaluating and putting internal controls in place.
- Examine and evaluate the provisions and monitor the things that need to be reconciled.
- Oversee treasury operations and banking profiles.
- Manage the implementation of any applicable IFRS and provide yearly financial statements and tax computations.
Requirements
- Qualified Chartered Accountant with a minimum of 5 years post articles experience in Finance Management, Group Accountant, or a similar role.
- Knowledge of preparing and completing accounts in compliance with current South African rules.
- Solid understanding of cost control, consolidations, financial analysis, accounting concepts, procedures, standard laws, and regulations.
- Understanding of income tax and deferred tax.
- Understanding of accounting for share-based compensation.
- Thorough comprehension of corporate governance, including risk management, financial reporting, financial audits, controls, and compliance.
Qualifications
- Formal education/certifications (Bachelor’s, LLB, Matric, etc.) not specified in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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