Position:

Finance Manager

Job Description:

Works closely with the finance executive in providing financial decision support. Provide
the insight and analysis through commentary on financial performance and assist in taking necessary corrective actions towards achieving financial results. Facilitation of, and the preparation of operational budgets and reporting on business performance. Assisting Segment leadership in achieving segment performance and managing financial risk. This role is responsible for the judgement based support for segment activities. Responsible for supporting the segment leadership.

Location:

Johannesburg - Adcorp Place

Contract Type:

Permanent

Minimum Requirements:

• Provide accurate and timely financial information, reports and analysis
• Work collaboratively with Group Finance, to ensure financial information fits business needs and maintains high quality/integrity
• Perform periodic and year end closing, in coordination with the concerned departments/divisions, including periodic IFRS financial statements for external and internal reporting including the processes supporting these
• Manage production of monthly management accounts pack and ad hoc reports to internal customers
• Manage the preparation of financial information to segment leadership
• Provide input into the data model design to ensure cost allocation is possible for all required dimensions and levels of granularity
• Validate, check and reconcile planning, budgeting and forecasting data
• Highlight trends and flag potential issues
• Ensure the validation of budget data
• Review budget submissions by business units
• Perform financial and cost/benefit analysis of current or anticipated programmes or initiatives
• Review inputs into monthly management packs
• Review budget and variance analysis/ Review of financial data
• Provide input into the data model design to ensure cost allocation is possible for all required dimensions and levels of granularity
• Work collaboratively with auditors to resolve findings
• Managing the day to day running of the segment
• Report on and analyse segment financial performance against budget providing forecasts on performance
• Identify trends, highlight risks, provide mitigation and provide support to business decisions.
• Provide executive management within the BU with advice on the financial implications of business activities, and provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations
• Talent management for direct reports in terms of recruitment, retention and development
• Ensure adherence to Group Business Services performance management requirements, ensuring continuous performance feedback to and development of direct reports
• Ensure that all staff are motivated, developed, and appraised so that individual and collective performance meets the needs of the customers
• Work collaboratively within the segment to ensure compliance to all policies and procedures
• Work closely with the Group Tax team to ensure compliance with legislation
• Work with Group Business Services to ensure production of accurate and timely information related to the Segment
• Work collaboratively within the segment and provide support to the Segment team
• Work collaboratively with other finance teams across the business and with Group Business Services to ensure that the GBS SLA's are met.

Additional Requirements:

Minimum Experience:

• 2 – 3 years’ post qualification experience in finance.
• Experience in financial forecasting and management reporting.
• 2+ years’ experience in a managerial role

Minimum Qualification:

• Bachelor of Commerce with specialisation in Accounting
• CA(SA)/CIMA preferred

Roles and Responsibilities:

• Provide accurate and timely financial information, reports and analysis including formats, processes and systems to provide this. • Work collaboratively with Group Finance, to ensure financial information fits business needs and maintains high quality/integrity. • Perform periodic and year end closing, in coordination with the concerned • Departments/divisions, including periodic IFRS financial statements for external and internal reporting including the processes supporting these. • Manage production of monthly management accounts pack and ad hoc reports to internal customers. • Manage the preparation of financial information to Group finance for Board of Directors and audit committee. • Provide input into the data model design to ensure cost allocation is possible for all required dimensions and levels of granularity. • Validate, check and reconcile planning, budgeting and forecasting data. • Highlight trends and flag potential issues. • Ensure the validation of budget data. • Review budget submissions to group. • Review financial and cost/benefit analysis of current or anticipated programmes or initiatives. • Review inputs into monthly management packs. • Review budget and variance analysis/ Review of financial data. • Work collaboratively with auditors to resolve findings. • Executing policy and standards for costing including cost allocation and apportionment approach and methodology. • Managing the day-to-day finance operations of the segment. • Enable the production of cost reports for business through data mapping and design, linking appropriate costs across all reporting dimensions. • Prepare the Budget & Plan according to group frameworks. • Oversee analysis at segment level (Review and analyse, budget variances and forecasts to identify trends, risk areas and provide support for business decisions). • Oversee talent management for direct reports in terms of recruitment, retention and development at segment level. • Ensure adherence to Group performance management requirements, ensuring continuous performance feedback to and development of direct reports. • Ensure that all staff are motivated, developed, and appraised so that individual and collective performance meets the needs of the customers (segment level). • Work collaboratively within the segment to ensure compliance to all policies and procedures. • Work closely with the Group Tax team to ensure compliance with legislation. • Work with Group Business Services to ensure production of accurate and timely information related to the Segment. • Work collaboratively within the segment and provide support to the Segment team. • Work collaboratively with other finance teams across the business and with Group • Business Services to ensure that the GBS SLA's are met. • Work collaboratively with portfolio executive to ensure business requirements are met.