Senior Finance Manager - KZN
- Employer
- Polo S A
- Location
- Durban Durban eThekwini, South Africa
- Salary
- Competitive
- Closing date
- Aug 22, 2024
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- Job Role
- Finance Manager
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Introduction
The Senior Financial Manager is responsible for providing financial reporting, advice and support to the Financial Manager and colleagues to enable them to make sound business decisions and comply with management, statutory and global reporting. Financial considerations are at the root of all major business decisions. The Financial Manager is responsible for assisting in the financial and budgetary planning and financial considerations for both the short- and long-term financial implications of any decision needing to be reviewed. Care must be taken to ensure that financial practices are in line with all statutory legislation and regulations.
Duties & Responsibilities
The Senior Financial Manager is responsible for providing financial reporting, advice and support to the Financial Manager and colleagues to enable them to make sound business decisions and comply with management, statutory and global reporting. Financial considerations are at the root of all major business decisions. The Financial Manager is responsible for assisting in the financial and budgetary planning and financial considerations for both the short- and long-term financial implications of any decision needing to be reviewed. Care must be taken to ensure that financial practices are in line with all statutory legislation and regulations.
Duties & Responsibilities
- Prepare financial reports, forecasts, and statements
- Assess financing alternatives by considering risk, return, and market conditions
- Prepare cash flow forecasts and budgets
- Monitor the cash flow of the company to ensure sufficient funds are available to meet cash flow needs Prepare an analysis of financing needs for major capital equipment purchases, working capital, and other financing needs
- Prepare and monitor the company's credit facility
- Prepare periodic financial reports for the company
- Manage a team that develops financial and valuation models, materials, and recommendations for executive decision-making by conducting comprehensive analyses and utilizing appropriate methods Coordinate strategic financial planning for the company and its clients, including expenses, income, insurance coverage, objectives, tax status, and risk tolerance
- Focus on daily and month-end accounting to determine results, including P&L activity (management fees, fee splitting, gross-ups, reclasses), balance sheet activity (deferrals, accruals), and accounts-receivable cash application, in compliance with GAAP
- Support finance partners in implementing valuation models, measuring results, tracking performance vs. expectations, and providing recommendations for corrective action
- Provide insights about spending trends, cost-savings initiatives, and margin opportunities
- Chartered Accountant (CA), Chartered Financial Analyst (CFA) or Certified Professional Accountant (CPA)
- Demonstrated proficiency in Microsoft Excel and PowerPoint
- Strong analytical skills
- Proven experience in financial analysis, forecasting, and budgeting
- Experience with financial management software systems
- Excellent written and verbal communication skills
- Strong organizational skills
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