Job Title: Financial Reporting and Controls Manager – CA (SA)
Company:RecruitMyMom
Job description: Job Description :The Financial Reporting and Controls Manager is responsible for overseeing monthly financial reporting, forecasting, and cash management for the company. This includes reviewing financial results, ensuring adherence to reporting deadlines, managing month-end journal postings, and overseeing deferred tax computations. The role also involves preparing board and committee reports, managing treasury functions, and ensuring financial controls are followed. Additionally, the manager will lead and mentor a team, ensuring all finance-related tasks are completed on time and to a high standard. This position requires strong analytical skills, attention to detail, and the ability to collaborate across divisions. This is a 6-month maternity contract to start as soon as possible.Responsibilities:Monthly Financial Reporting:
- Review and analyse monthly financial reports, assessing the performance and financial position of the company. Collaborate with the Management Accountant to update commentary on results.
- Ensure all divisions adhere to reporting deadlines and maintain the timely processing of financial information.
- Update Exco minutes with the most recent financial results, cash flow, and audit updates.
- Review divisional procurement prior to submission to People Development.
Month-End Journals and Reconciliation Reviews:
- Review and post month-end journals for the holding company and investment company.
- Finalise monthly bonus and tax calculations after consulting with the Investment team.
- Review and validate divisional reconciliations.
Forecasting:
- Thoroughly review the CIM forecast and assess its accuracy.
- Review the total LIC forecast for completeness, accuracy, and adherence to ratios. Liaise with divisions to resolve any discrepancies.
- Review solvency, bonus, and tax calculations, ensuring accuracy and alignment with forecasts.
Quarterly Deferred Tax:
- Review deferred tax computations for accuracy and completeness.
- Compare current deferred tax computations with the previous quarter, ensuring that all movements are as expected.
Cash and Treasury Management:
- Oversee the availability of funds for claims and other payments, ensuring liquidity.
- Manage the timely transfer of funds for investment purposes, Tier II financing, and SARS payments.
Board and Investment Committee Reporting:
- Review all documentation prepared for the Investment Committee by the Finance team to ensure accuracy and clarity.
- Review and finalise all materials for Board meetings, including a detailed review of the full presentation deck.
- Prepare the Accounting Matters presentation for the Board meeting.
Risk Committee Meetings:
- Prepare necessary documentation for Risk Committee meetings, as required.
Financial Controls:
- Monitor adherence to financial controls and ensure compliance across all divisions.
People Management:
- Review work produced by direct reports to ensure accuracy and quality.
- Lead, coach, and mentor direct reports, fostering personal growth and enhancing teamwork.
- Ensure that the team consistently meets all timelines and deadlines outlined in the Finance Calendar.
Requirements
- Education: Honours degree in Accounting, Finance, or a related field. CA (SA) is essential.
- Experience: Minimum of 5 years’ experience in financial reporting, accounting, or finance management, preferably in a corporate or investment environment.
- Experience in insurance would be an advantage.
Technical Skills:
- Strong proficiency in financial software and ERP systems (e.g., SAP, Oracle, or similar).
- Advanced skills in Microsoft Excel and financial modelling.
- In-depth knowledge of financial reporting, forecasting, month-end processes, and tax compliance.
- Analytical Abilities: Strong analytical and problem-solving skills with the ability to review complex financial data and identify trends or discrepancies.
- Leadership Skills: Experience leading, coaching, and developing teams; ability to manage and mentor direct reports to foster a collaborative work environment.
- Communication: Excellent communication and presentation skills, with the ability to present complex financial information to senior leadership and board members clearly and effectively.
- Attention to Detail: High level of accuracy and attention to detail, particularly when managing financial reports and reconciliations.
- Time Management: Ability to manage multiple tasks simultaneously, prioritize effectively, and meet deadlines in a fast-paced environment.
- Knowledge of Financial Controls: Familiarity with financial controls and governance, ensuring compliance across all finance processes.
- Adaptability: Ability to work in a dynamic environment and adapt to changing priorities or new challenges.
BenefitsThis is a 6-month maternity contract to start as soon as possible.
Expected salary: R90000 – 100000 per year
Location: Parktown, Johannesburg
Job date: Thu, 21 Nov 2024 05:24:41 GMT
Tips on What To Include In CV
Creating a professional CV is crucial for making a positive impression on potential employers. Start by keeping it clear and concise—aim for one to two pages. Use a clean, easy-to-read font like Arial or Calibri, and organize information with headings for sections such as Contact Information, Personal Statement, Work Experience, Education, Skills, and Certifications. Tailor your CV to each job by highlighting relevant experience and skills that align with the role’s requirements. Use bullet points to describe your achievements with specific metrics where possible, as numbers provide concrete evidence of your contributions. Finally, proofread carefully to avoid any spelling or grammar errors, as these can detract from a polished presentation.
