Financial Manager

Job Description : Finance Lead NB: This profile is not all encompassing and only includes core areas of responsibility within the role. Overview role description Responsible for the financial health of the business. key relationship collaborators Shared Services Development Team Customer Success Team Sales & Acquisition competencies Communication, analytical skills, problem solving skills, detail orientated, ability to meet tight deadlines and strong leadership skills. basic role knowledge Good understanding of South African Taxation, IFRS/IFRS for SME's. General understanding of Netherlands taxation and accounting. Extensive knowledge of accounting practices. Role Specific key responsibility area tasks & activities Budgeting & Forecasting · Manage the preparation of group financial budgets through input from each department head, combined with sales, recruitment, and expense forecasts · Evaluate performance against budget and make recommendations for corrective action · Manage and update the monthly expenditure forecast. · Collaborating with Sales & Customer Success teams to manage and update the monthly revenue forecast. Cashflow management · Manage the cash flow forecast, to ensure up-to-date visibility of cash constraints and other impending risks. · Balance supplier payments with cash flow forecasts. Debtors & Suppliers · Oversee Invoicing and ensure correct capturing of data · Oversee the debt collection process and assist where necessary · Oversee supplier payments and ensure suppliers are paid timeously · Negotiate with suppliers for improved payment terms or payment plans where necessary. Reporting & Audit · Design, and manage monthly management accounts · Manage the preparation of other recurring or ad-hoc reports, recons, etc as required by the business · Ensuring that financial record keeping meets the requirements of auditors and other relevant regulatory agencies · Overseeing the annual external auditing process to ensure that the audit is completed within 6 months of year-end. Tax, Statutory returns, Regulatory & Compliance · Ensuring that all intercompany transactions are, where necessary, conducted at arms length, and are (where necessary) approved by SARB · Review and oversee the submission of Income Tax returns People Management · Lead and mentor the Finance team, ensuring adherence to best practices and high performance. · Set strategic goals for the Finance function, aligning with broader business objectives. · Foster a culture of continuous improvement and innovation within the team. · Conduct regular performance evaluations, providing guidance for professional development.

Location: Stellenbosch, ZA

Posted Date: 4/3/2025