Group Finance Manager - JHB at AFA - Accounting and Financial Advisory

Job Summary:

• We are currently seeking a highly skilled and experienced Group Financial Accountant to join our esteemed finance team. The Group Financial Accountant will be responsible for managing financial reporting, consolidations, and financial analysis for the organization and its subsidiaries. The successful candidate will play a crucial role in ensuring accurate and timely financial reports and maintaining compliance with regulatory standards.

Key Responsibilities:

Financial Reporting:

•  Prepare accurate and timely consolidated financial statements for the group.
•  Ensure compliance with relevant accounting standards (e.g., IFRS) and regulatory requirements.
•  Maintain a strong control environment to safeguard financial data integrity.
•  Prepare and distribute periodic financial reports to senior management and stakeholders.

Financial Analysis:

•  Conduct detailed financial analysis, including variance analysis, trend analysis, and performance reporting.
•  Provide insights and recommendations to senior management based on financial analysis.
•  Assist in the budgeting and forecasting process by providing financial data and analysis.
•  Identify potential risks and opportunities based on financial analysis and proactively communicate them to management.

Group Consolidation:

•  Coordinate and manage the consolidation process for all subsidiaries within the group.
•  Ensure consistent application of accounting policies across the group.
•  Perform intercompany reconciliations and eliminate any discrepancies.
•  Monitor and reconcile intercompany transactions and balances.

Audit and Compliance:

•  Assist in the preparation of audit schedules and coordinate with auditors during financial audits.
•  Support the development and implementation of internal controls to ensure compliance with regulatory guidelines.
•  Stay updated on relevant accounting standards and regulatory changes affecting financial reporting obligations.
•  Contribute to the preparation and filing of statutory and regulatory reports.

Process Improvement:

•  Continuously seek opportunities to enhance financial processes, reporting efficiency, and automation.
•  Identify and implement best practices to streamline financial reporting and analysis.
•  Participate in system enhancements and implementation of new financial tools.

Qualifications and Skills:

•   CA(SA)
•  In-depth knowledge of financial accounting principles and standards (IFRS, US GAAP, etc.).
•  Strong analytical skills with the ability to interpret complex financial data and draw meaningful insights.
•  Experience in managing the consolidation process and intercompany transactions.
•  Knowledge of accounting systems and proficiency in financial software
•  Excellent attention to detail and strong organizational skills.
•  Ability to work independently, meet deadlines, and manage multiple priorities.
•  Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
•  Strong problem-solving skills and a proactive approach to identifying process improvements.