Finance Manager at Ignition Group

The role

• You will need to compile and analyze financial information to prepare entries to accounts, such as general ledger and documenting business transactions.
• By understanding and developing our strengths, we do things more intelligently, develop the potential within our people and improve efficiency. As employees we value and count on your knowledge and skills, to move our company from strength to strength.
• Experience in the financial services sector advantageous.

The detail:

• To manage the divisions month end, close off process in order to ensure deadlines are met and all capturing of the General Ledgers are complete.
• To complete and reconcile the monthly balance sheet recons.
• To complete a variance analysis for the division of actual results versus budget and forecast.
• To review reports received by Internal audit and project manage the required changes to be implemented.
• Prepare monthly forecasts for division. · Assign, monitor and coordinate assignments (plan and organize work).
• Determine training needs and identify training courses for direct reports.
• Sign off all trial balance and financial accounts before report are sent to BU’s.
• Evaluate performance of professional staff (conduct performance appraisals).
• Career development for direct reports (counselling, coaching, identify KPA’s, career planning, goal setting).
• Analyse and interpret financial data.
• Ensure monthly payments are made timeously. Includes ensuring payments are made to suppliers based on requisitions.
• Manage the company’s fixed assets. Ensure assets are loaded onto the financial system correctly, and that they are depreciated correctly and can be physically verified from the system to the physical location.
• Assess financial components (e.g. revenue, expense, operating income and expenses, net income, capex and cash flows) of all Departments. Identify financial impact on overall profit and communicate risks and recommendations to executive management for each Department.
• Perform any other related duties as requested.
• Taxation/provisional tax preparation and provisional items.
• Preparation of consolidated financial accounts for management and board packs.
• Preparation of BU Executive Reporting packs.
• Preparation of board packs for IFS group (expanded reporting with new group structure).
• Ensure timeous submissions to statutory returns.
• System development and automation.
• BBBEE reporting.
• Group reporting and budgeting IFS holdings.
• Payment 1st releases.
• Preparation of AFS for all Group companies.
• Ensure Statutory returns are completed.
• Review bordereaux and ensure reconciled.

Attributes and competencies:

• Reporting skills.
• Budgeting skills.
• Analytical Skills.
• Pastel Evolution.
• Financial Analysis.
• Management Skills.
• Direct Budget and Cost Control.
• Accounting practices and reports.
• Preparation of annual financial statements data.
• Excellent Written and Verbal communication skills.
• Preparation of annual budgets and monthly forecasts.
• Preparation of current and deferred tax complications.

Requirements

Experience:

• 2 year plus commercial experience as a financial accountant.
• Article experience.
• Pastel experience.
• TM1 – preferable.
• Advanced excel and Word.

Are you this person?

• Do you have experience in the financial sector?
• B Comm Honours.
• CA (SA)-Optional depending on experience.