Financial Manager - Renasa at Telesure Investment Holdings (TIH)

JOB PURPOSE

Effectively manage the accounting function to ensure accurate information is reported on, in a timely manner.

RESPONSIBILITIES

Financial Management, Control and Budgeting

• Manage a significant portion of the legal entities within the organization's financial management and/or control processes. Detailed review of monthly and annual financial statements to ensure compliance with International Financial Reporting Standards (IFRS). Detailed review of quarterly and annual returns to ensure regulatory compliance with the Financial Services Board (FSB) and other regulatory bodies. Compile organisational/ entity budget used for capital forecasting and group capital management.

Financial Policies, Guidelines, and Protocols

• Lead and coordinate the development and delivery of financial policies, guidelines, and protocols in own area of specialization to ensure the company complies with regulations and good financial practice. Keep abreast of international reporting standards and all regulatory and legal frameworks. Ensure that all finance practices align to the regulatory and legal frameworks.

Leadership and Direction

• Identify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organization's mission, vision and values; motivate people to commit to these and to doing extraordinary things to achieve local business goals.

Performance Management

• Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project / account team members and hold them accountable for achieving these; take appropriate corrective action where necessary to ensure the achievement of team / personal objectives. Responsible for all aspects of staff resourcing, succession planning, management and development ensuring the right people are in place to support service delivery, achieving production and performance targets at all times.

Audit

• Take responsibility for a significant element of the organization's audit process. Could involve managing development or delivery or both. Manage the external audit process on a monthly basis, to ensure accurate reporting within deadlines, by reviewing the detailed reconciliations and calculations contained in the audit file.

Stakeholder Engagement

• Identify and manage stakeholders up to management level, finding out their needs/issues/concerns and reacting to these by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions. Managing relationships with all internal and external stakeholders. Provide authoritative specialist guidance to senior managers at the business unit or regional level to enable the implementation of policy, projects, and change initiatives. Advise and liaise with business regarding accounting best practice for new and existing business projects to ensure operational efficiencies.

Personal and Team Capability Building

• Act as subject matter expert in an area of technology, policy, regulation, or operational management for the team. Maintain external accreditations and in-depth understanding of current and emerging external regulation and industry best practices through continuing professional development, attending conferences, and reading specialist media. Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities.

Insights and Reporting

• Contribute to the design and creation of reporting strategies and templates. Lead execution of complex reports, identify and interpreting complex patterns and trends, and translate those insights into actionable recommendations.

Financial Information Systems

• Plan and deliver financial systems changes and manage the team on a day-to-day basis to meet project timelines and quality and budget requirements. Engage with finance users to identify requirements and work with the team to design solutions.

Functional Strategy Formation

• Contribute to the formation of a key element of functional strategy through specialist expertise and insights, to ensure that the strategy meets business needs. 

Requirements

EDUCATION

• CA(SA)(Essential)

EXPERIENCE

• Completed external audit articles (Essential)
• 3-6 years experience where job holder has dealt with majority of situations and to advise others
• 2-5 years post articles outside of an audit environment (Essential)