Financial Manager: Transactions at Sun International

Job Purpose

• Responsible for the effective management of the team and financial transactions processing of accounts payable, advanced payments, accounts receivable, cash book and expense claims for multiple business units across the Group serviced by the SSC, in line with Company and SSC standards, regulations and legislation.

Key Performance Areas

• Understand the SSC strategies and align objectives for the Transactions team functional deliverables
• Facilitate the programme management and achievement of milestones of transactional deliverables
• Investigate transactional practices and benchmark with leading trends and technology
• Identify and investigate new opportunities to streamline and optimise processes and services within the SSC and units being supported
• Provide clear delegation of authority and accountability for deliverables at all levels
• Communicate with all relevant stakeholders internally in the SSC, at the units, Group and externally
• Manage and allocate people and operational resources within the SSC
• Align practices with EE, SD and procurement transformation strategies which contribute towards BBBEE targets being achieved for the property
• Reports on the results of the function including Monthly Financial Review reports; Risk Reports; Month end reports; FIC reporting
• Develop, align and update practices with new legislative and tax regulations
• Implement sufficient control measures (including systems and processes) & checks within each function to mitigate any financial risk to the business.
• Monitor compliance to financial procedures, costs, controls and productivities
• Ensure relevant statutory returns have been completed
• Communicate standards and regulations with team to ensure compliance is achieved
• Oversee the recording of financial transactions for the multiple properties serviced by the SSC to ensure the financial position is accurate, up-to-date and complete.
• Monitor KTA stats for all of the processes to ensure SLAs are achieved.
• Review of all month-end recons related to AP, AR, Revenue, CB and expenses
• Approve all payments (together with one other SSC manager)
• Investigate unusual variances relative to budget and previous year
• Find solutions to resolve anomalies and follow-up to ensure execution or change in procedure
• Oversee the completion of monthly and quarterly forecasts & controls for the functions within the SSC
• Manage the co-ordination of year end activities and reporting for all units serviced by the SSC
• Manage the co-ordination of internal and external financial audits for all units serviced by the SSC
• Compile and provide reports in line with management requirements that assists stakeholders in making relevant decisions
• Provides direction and support to management and employees of the SSC with regard to functional policies, procedures, initiatives and innovations
• Provides motivation and leadership to promote positive working relationships and employee relations within the department
• Track, measure and enhance employee engagement
• Identify and manage training, coaching and development requirements in line with strategic plans, e.g. skills shortages, succession plans, talent to build a solid talent pipeline
• Manage internal communication and development interventions to ensure competence levels of staff meet operational level requirements (right fit for the job)
• Source and select talent as per EE plan
• Drive the employee value proposition
• Performance Management and coaching of reporting managers to ensure KPA’s are achieved
• Be available to deal with escalated issues, complaints, disputes
• Collaborate with units to operationalise the processes and tools within the operation to build a client experience that is streamlined and professional
• Oversee the execution and delivery of the client experience within the transactional processes

Job Requirements

Education

• Grade 12
• BCom Honors (CTA) with Articles
• Registration as a Chartered Accountant an advantage

Experience

• At least 5-8 years’ experience in a financial management position
• Experience in the management of a Shared Service Centre transaction function is an advantage
• Experience in a hospitality/gaming environment is an advantage

Skills and Knowledge

• Analysing / Diagnosing financial performance
• Reviewing - Assessing feasibility; assessing compliance; efficiencies
• Appraising / Developing Others including evaluating for recruitment, performance, coaching and training
• Controlling people and non-people resources
• Influencing & negotiating skills
• Business Acumen
• Building Positive Working Relationships
• Customer Centricity & Stakeholder focus
• Drive for Results
• Strong technical knowledge including IFRS developments
• Strong knowledge of accounting systems
• Accounts Payable, Accounts Receivable, Expense and Cashbook process knowledge and experience
• Proficient Computer skills (MS Office, including advanced Excel skills, IFS)
• Identifying and implementing process improvements
• Process improvement