Finance Business Partner at Hyperclear Technologies

PURPOSE OF POSITION:

The purpose of this role is to lead Finance activities and to oversee and manage financial performance and resources to ensure financial stability, efficiency, and profitability. This position will play a crucial role in helping business units achieve their financial goals and objectives. This includes providing specialist accounting and financial support services to group companies forming part of the Hyperclear Technology group.

KEY RESPONSIBILITIES:

Financial Management:

• Creating and implementing financial plans that align with the organisation's strategic objectives.
• Identify financial risks, such as market fluctuations, credit risks, and liquidity issues, and develop risk management strategies to mitigate these risks.
• Cash flow forecasting and planning. Ensure that we maintain adequate cash flow to meet our operational needs. This includes managing cash reserves, monitoring cash inflows and outflows, and optimise working capital.
• Control costs and improve cost efficiency. Involve identifying cost-saving opportunities.
• Compliance. Ensuring that companies comply with financial regulations, accounting standards, tax laws and BEE requirements. Stay up to date with regulatory changes and ensure the organisation's financial practices are in line with these requirements.

• Stakeholder Communication. Interact with various stakeholders, including investors, creditors, auditors, and regulatory agencies, to provide transparency and maintain trust.

Accounting Functions:

• Monthly Management Accounts and Business Unit reporting
• Forecast planning and financial year budgeting.
• Mid-term revised budgets.
• Full responsibility of annual external audits
• Taxation Compliance
• Oversee the banking relationship with external bankers.
• VAT and income tax returns and reconciliations to relevant authorities
• Payroll preparation
• Managed relationship with Outsourced Secretarial Duties
• General Account Mapping and standardisation
• Monthly variance analysis. (Cost of Sales vs Revenue).
• Financial analysis to assess performance, evaluate investment opportunities, and provide data-driven insights to support decision-making.

Personal Development:

• Continuously grow as per company Values.
• Communication (Written and Verbal) meets company Standards.
• Meets Development targets as set out in Growth Plan.

• Drives and takes ownership of own Personal Growth.
• Willingness to empower yourself to enable career growth.

KEY REQUIREMENTS:

Education/Qualifications:

• Relevant Tertiary Financial Qualification (Bachelor of Commerce Degree + Hons).
• CA(SA) / CIMA Completed articles.
• Relevant Professional Qualification (CIMA/CA(SA)).

Experience:

• Minimum 5 years of working experience in finance, auditing or accounting environment.

Other:

• You will be required to travel to clients. Own vehicle and a valid driver’s license are required.

BEHAVIOURAL AND TECHNICAL COMPETENCIES / SKILLS:

Behavioural Competencies / Skills

• Excellent written and verbal communication skills.
• Strong organizational skills.
• Great time management skills and ability to multitask and reprioritize at short notice.
• Team player with the ability to operate cross-functionally.

Technical Competencies / Skills

• Understanding of financial reporting, cash management, audit, and compliance.
• Advanced MS Office skills (Fully competent in Excel, Word, PowerPoint, and Outlook).
• Advanced Xero Skills or similar Accounting System.
• Experience in billing integrations/automations.
• Advanced understanding of VAT processing.