Financial Manager at Ignition Group

Key roles and responsibilities

Financial Operations Leadership

• Direct all aspects of accounting operations.
• Drive and lead the preparation of annual financial forecasts.
• Support the development of financial account policies and procedures.

Coordination and Administration

• Coordinate and administrate financial operations.
• Ensure quality control over financial transactions and financial reporting.
• Ensure the documentation of business processes and accounting policies for internal controls.

Budget and Cost Controls

• Direct budget and cost controls, financial analysis, and accounting practices.
• Monitor budgets, control expenditure, authorize expenditure, collection of invoices, and forecast.

Financial Statements and Reporting

• Review, analyse, and interpret financial and budgetary reports.
• Drive the preparation and publishing of timely financial statements.
• Prepare consolidated set of accounts for CX Group of companies including, Income statement/ Balance Sheet and Cash flow statements.

Insurance Management

• Ensure the company is insured for the right value.
• Manage and oversee any insurance claims that need to be made.

Financial Analysis and System Improvement

• Analyse and interpret financial data.
• Recommend changes to improve systems and financial performance.

Cash flow management

• Lead the team in terms of priority of suppliers.
• Prepare cash planning at an operational level.

Fixed Assets and Depreciation

• Ensure fixed assets are tracked and loaded onto the financial system correctly.
• Calculate and ensure that assets are depreciated as required on the financial system.

Expense Allocations and Approval

• Review expense allocations completed by bookkeepers to ensure expenses are allocated correctly.
• Review payment requisitions and supporting documentation for approval of payments.

Tax Implications

• Prepare current and deferred tax implications.
• Preparation of tax packs for all 8 statutory entities.
• Statutory tax declarations with consultation with tax advisors.

Audit

• Lead the external audit process by collaboration with internal and external stakeholders.

EXCO reporting:

• Prepare EXCO packs for review by CFO to support the business in key finance areas.
• Build, analyse and integrate financial data.
• Understanding of business commercial models. 

Monthly management accounts

• Prepare monthly management accounts for key business units to ensure accurate reporting.
• Review and or prepare key balance sheet recons.

Commercial Operations reporting

• Understanding of commercial operations report to better assist finance team in preparation of 12-month rolling forecasts.

Education and training:

• CA(SA)

Experience:

• At least 8 years’ experience as a Financial Manager or similar role leading and directing teams.
• Strong decision-making skills.
• Ability to understand business models from various business unit and integrate into finance.
• Minimum 5 years’ experience working with the MS Office Suite, including MS Excel and MS Word.
• Demonstrates ability to prepare EXCO packs with key financial information.
• Experience participating in the creation of financial statements as well as review of financial statements.