Assistant Financial Manager at Sun International

Job description

Job Purpose

Responsible for the effective day-to-day management of the business unit’s financial performance, financial controls, fiscal discipline and finance team with specific regard to achieving business profitability and improving financial operational standards. • Manage a team of professionals that monitor expenses in comparison to budgets, revenues and forecasts for multiple departments within the business unit. Review all SOP’s, internal controls and ensure proper segregation of duties are maintained in a strict control environment. • Contributory Accountability for the financial performance of the business unit.

Education

 B.Compt Honours (Articles and registration as a Chartered Accountant is an advantage)

Experience:

•  At least 8 years’ experience in a general financial management environment.
•  Experience in a hospitality/gaming environment an advantage.

Responsibilities

• Delivered Financial Planning & Results
• The business continuity plans address the changing environment
• The Unit financial plans are compiled and signed off by Financial and business unit management
•  Plans align with Group imperatives
• Opportunities for products and services to enhance market share / competitiveness are identified and exploited
• Effective delivery of an integrated system (processes, people, standards, management frameworks, practices and technology) to support the strategy
•  EBITDA targets are achieved
• Risks and shortcomings identified and addressed
• Audit targets are achieved
• Financial Governance
• Audit targets are achieved
•  Risk values lessened
•  Compliance processes meet legislative requirements
•  Adherence to legislation, regulations and standard operating procedures, e.g. Gaming board, FICA etc. and best practice.
• Staff members are provided with updated information with regards regulations, legislation and required practice
•  Non-compliance has been handled and resolved
• Policies and procedures are inclusive of measures to prevent or detect fraud or mismanagement of resources.
• Statutory returns have been completed accurately and within the deadlines
• Financial Management & Reporting
•  Accurate and complete reporting that reflects the updated financial position of unit
•  Complies with IFRS and relevant statutory and group requirements.
•  Budget meets operational requirements and unit strategy.
• Revenue and expense variances can be reconciled to circumstance.
•  All Capex is aligned to Strategy and Operational Requirements.
•  EBITDA targets achieved
• Profit Improvement Plan and forecasting as per finance guidelines
• Packs are a true reflection of financials and are in accordance with supported documentation and tax laws.
• All year-end activities co–coordinated and deadlines are met as per company policies and procedures.
• Information supplied to auditors is accurate and legally compliant.

People Management

• Training is aligned to strategic plans, e.g. skills shortages, succession plans, talent management
•  Recruitment and Selection as per EE plan and bid commitments
•  Competence and performance levels of staff as per department needs
• Employee Engagement Survey targets are met· Compliance to relevant legislation: including BCOE, LRA, EE Act
•  Union relationships managed
• HR processes are adhered to (e.g. performance management, recruitment, promotions, etc)
• Departmental objectives and targets have been achieved
• Stakeholder relationship management
• Ongoing performance feedback as and when needed
•  Supplier contracts are managed as per contract SLA
•  Management is aware of any issues as required
• Ongoing communication of information to department with relevant information.
• Group and unit standards are adhered as per FDR requirements and sound business practices.
• Feedback to Group Finance is accurate, up-to-date and communicated regularly as required
• Team activities are co-ordinated and managed to ensure all monthly deadlines are met.