Group Financial Manager

Job Summary & Purpose

Ensure financial compliance, working closely with Finance Business Units and leading financial processes, financial accounting & and managing group reporting and deadlines.
Leverage finance expertise to drive value with strong business impact (financing, tax, finance processes, )
Provide efficient and qualitative financial services, through different levers (competencies, expert capabilities, and processes/systems) for company.

Responsibility

Manage and supervise the shared service financial control team on a daily basis and ensure the accurate recording of all financial transactions.
Manage the monthly management accounts and group reporting process for all group companies including the consolidated reporting.
Management of the accounting for Fixed Assets
Supervise and reviews all intercompany transactions and ensure costs are accurately cross charged to group companies in terms of group policy.
Review of general ledger reconciliations for shared services
Ensures that all financial and administrative systems, relevant to his/her responsibility, comply with legislation and company audit requirements.
Ensure adherence to all systems and maintains these up to date.
Ensure that statutory obligations under the auspices of financial management are prepared and maintained, including but not limited to, statutory financials, tax returns and calculations, etc.
Manage the year end audit process and preparation of the AFS
Supervise and manage the credit control team for the group
Set up a centralised procurement process
Manage the purchasing process from PO to payments of end creditor and ensure adequate controls are in place to manage the creditors
Administration of all hedges
Management of all aspects relating to cash flow
Supervises and control monthly capital expenditure against budgets.
Weekly cashflow forecasts.
Monitor and ensure intercompany loans are repaid and interest / payment plans are implemented.
Identify cash saving opportunities for shared services
Manage financing requests for all CAPEX within the group
Supervises and review the various payrolls for all wage staff including accurate reporting and cross charging of the costs to group companies.
Manage the claims process
Engage with specialists and provide feedback to the CFO for recommended changes
Manage the renewal process for the insurance policies and limited group wide polices
Manages the collection of data regarding insurance claims, submits claims and ensures payment there of
Assist with financial analysis and projects for strategic growth projects for the group
Manage the day-to-day operations of the shared service centre.
Manages and is responsible for the day-to-day functioning ERP System.
Investigate, recommend, and introduce improvements.
Investigates and corrects problems regarding computer data and printouts
Implementation of Group IT strategy and assisting with the development thereof
Build and develop relationships with finance team of group companies and ensure good communication at all times
Performance management of finance team is in place and monitored.
In collaboration with Human Resources create succession plans to ensure medium to long term talent requirements are catered for.
Manage team development by providing role clarity, allowing skills diversity, performance managing and developing them appropriately