Group Financial Manager at AfroCentric Group

About the job

AfroCentric Group is in search of a Finance Manager to ensure accurate financial records of the entity, including the review of monthly reconciliations, board packs and management accounts as well as to manage and review the budget and forecasting process.

Compliance and Risk Management:

• Ensure the preparation and implementation of policies and procedures.

• Establish and maintain a sound financial control environment, including banking, cash lows and audits.

• Defined legal, statutory and regulatory compliance is appropriately implemented and maintained at the required standards for the team Implemented operational risk and governance structures, measures and frameworks are monitored within the team and necessary action is taken to address issues, when necessary.

Financial Management:

• Manage expenses, costs and identify cost saving opportunities to support the department in achieving its financial goals and targets.

• Manage the budgeting and forecasting process timeously.

• Prepare the budgeted cash flow and forecast

Financial Reporting:

• Ensure the review and finalisation of management accounts, including monthly reconciliations, by Service Level Agreement deadlines

• Ensure the preparation and finalisation of financial statements and liaison with internal and external auditors

• Ensure the review and finalisation of statutory returns

• Implement all new IFRS standards

Day to day operating model:

• Develop and implement team operational plans that will ensure the defined delivery objectives are met through supporting, and being supported by, other teams within and linked to the department / project.

• Identify opportunities to improve the teams' core operational internal processes and internal supply chain.

• Resolve operational conflicts.

• Set achievable yet challenging delivery targets/objectives and motivate the team to operate in a mutually supportive manner to ensure successful delivery.

Operational Implementation of Strategy:

• Plan and implement operational changes within the area of responsibility to respond to important external influences.

• Provide input into the business plan for the department and interpret this into an operational plan for the team.

• Ensure business plan is implemented in a manner that supports operational and quality standards and meets defined departmental priorities.

• Communicate business plan and team operational plan in alignment with the broader Medscheme strategic direction.

• Ensure implementation of plans in a way that maintains operational best practice and leads to continual delivery improvement.

Operational Leadership:

• Manage the operational performance of the team as per Human Capital frameworks and policies to ensure delivery to agreed standards and objectives.

• Provide appropriate staff development, coaching and mentoring and retain skilled and engaged employees within the team and group.

• Support transformation through valuing diversity within the team and department.

• Behave in alignment with the Afrocentric values.

Stakeholder Management:

·        Ensure appropriate, active and informative relationships with customers and relevant stakeholders are successfully maintained.

Competencies

• Change Management

• Innovates and Takes Risks

• Financial Acumen

• Executive Business Writing Skills

• Computer Technology Skills

• Interpretation of financial statements

• Quality Orientation

• Communication Skills

Qualifications

Registered CA (SA)

• 6 years relevant experience in a finance environment with at least 3 years of managerial experience 

AfroCentric remains committed to Employment Equity (EE) and a diverse workforce. Applications from people with disability will be greatly welcomed.