Financial Manager at IDC

Qualification and Experience

Qualifications

• CA(SA) – Mandatory
• Management post–graduate degree advantageous.
• Technical/Systems Microsoft Office, SAP, Finnivo, IFRS, Management

Experience 

• Minimum of 8-10 years post articles experience in a financial reporting management role or as an Audit Partner.
• Exposure to the SAP environment, people, and performance management, PFMA,
  King IV, IFRS and management reporting.
• Experience in complex Group consolidations.
• Experience in financial services/ lending /banking would be advantageous.
• Experience and knowledge in analysis and interpretation of budget performance and annual financial statements.
• Good understanding of the functioning of the SAP system.

Roles and Responsibilities

• Review and guide the Group and Company financial operations.
• Oversight and review the preparation of the Internal Subsidiaries Annual Financial
  Statements.
• Co - review of the IDC Company Annual Financial Statements and Consolidated Group Annual Financial Statements.
• Review of the Annual Financial Statements ensuring compliance with full IFRS and any other relevant legislation, including PFMA and King IV.
•  Co-review of the IDC Group Consolidated Interim Annual Financial Statements.
• Experience with the SAP system including SAP Disclosure Management and the
  Finnivo consolidation tool would be an advantage.
•  Direction and advice on the Company and Group financial reporting policies and
  processes.
• Implementation of adequate monthly review controls for the preparation of
  reconciliations that support monthly, interim, and annual financial statements.
• Review and identification of weakness in the current processes, systems, and
  procedures and implementation of enhancements.
• Continuous improvement of systems and operational control efficiencies.
• Creation of a complete audit file for the year end audit process that supports the Annual Financial Statements and the audit process.
• Provision of accurate and timely reporting on the progress and outcome of various department strategic initiatives.
• Provision of business insights, performance reports, commercial analytics on behalf of the department.
• Development and review of monthly and quarterly Group and Company management financial reports.
• Provision of Monthly and Quarterly strategic budget variance commentary to various committees.
• Presentation of reports to the Executive Committee (Exco) and other Board committees.
• Membership on strategic Exco sub-committees on behalf of the Financial Management department.
• Liaison with both internal and external auditors in planning and query resolution.
• Provision of advice on the Financial Management strategy as and when required.
• Support the preparation of the Integrated report, analyst reports and other reports, as applicable.
•  Perform ad-hoc tasks for Head of Department.
• Develop and implement a training plan to build and develop skills within the team.
• Provision of customer service to internal and external clients.
•  Implement performance management measures of subordinates.
•  Support and drive innovation in the team.
• Actively participate in the leadership of the team.