Head Of Finance at Africrest Properties

About the job

Job Specification:

All below duties and responsibilities are included in the cost of your package referred to in 3 above.

Oversight of financial reporting:

• Monthly reporting to Funder (financial position, results, and covenants)

• Quarterly reporting to Audit Committee and Board incl.

• Variance reporting and commentary

• Annual budgets

• Annual consolidation

• Annual financial statements – Company and group (IFRS for SMEs)

• Management of Accountants and Head Office Administrators (team of 7)

• Review of journal entries, reconciliations, and analyses prepared by Accountants

• Oversight of creditors management and cash books

• Review of monthly VAT submissions and reconciliations

• Review of provisional and final income tax computations and deferred tax computations

• Assistance with tax planning and oversight of tax compliance

• Cash flow forecasting

• Operational and strategic support to Exco as a key member of senior management

• Oversight of outsourced VAT and tax submissions

• Oversight of external audit

• Oversight of company secretarial

• Review of legal agreements (financing, acquisitions) and involvement in briefing lawyers (execution of corporate transactions)

• Compliance in terms of contracts

• Accounting for acquisitions and disposals

• Identification of risks and management thereof

• Maintenance and improvement of control environment including implementation of internal controls, policies, and procedures, and principles of good governance

• Investigation and implementation of system changes from a finance perspective

• Access control to finance software and information

• Ad hoc reporting for business ventures and funding arrangements

• Compliance with relevant legislation

• Ad hoc projects and resolution of issues

• Option to be nominated to the board, to represent the finance department.

Reports to Director

Salary: Market-related

Traits

• Passionate about improving accuracy and efficiency

• Work under pressure and deadline management

• Good attention to detail

• Problem-solving

Non-negotiable knowledge, skills, and abilities required

• CA (SA)

• Minimum 5 years of commercial experience

• Excel – Intermediate to Advanced level

Job Qualifications Required

• Experience in property

• MDA Property Manager accounting software

Starting date for this position- ASAP