Head of Finance - Product (Umhlanga) at Ignition Group

Description

The Head of Finance - Product is accountable for the functioning and management of the Product group finance function with primary responsibilities for financial reporting, budgeting, forecast collation, income tax compliance management, external auditor liaison and treasury.

Responsibilities:

Financial Reporting

• Ensure timeous, accurate and complete financial reporting.
• Work closely with the Commercial finance function to deliver accurate insights, drive revenue growth and accurate forecasting.

Budgeting

• Produce budget for consolidation and submission to the Board of Directors, comprising income statements,balance sheet and cash flow statements.

Forecast collation

• Provide timeous forecast financial results on a continuous forward 12 month basis.
• Provide insight and analysis on the rolling 12 month forecast with key emphasis on EBITDA and cash generation for the business unit.

Income Tax compliance

• Responsible for income tax submissions.
• Key liaison with SARS in respect to tax matters.

External auditor liaison

• Key liaison with external audit.
• Drive external audit deliverables so as to ensure timeous external audit completion.
• Project manage operational finance deliverables to auditors.

Treasury

• Take responsibility for treasury and forecast cash generation.
• Optimise cash position with detailed and rigorous cashcollection strategies and accounts payable management.

People management and leadership

• Provide leadership and manage a team of individuals in achieving the departmental objectives.

Requirements

Knowledge, skills and attributes:

• Creative, strategic, and financial acumen coupled with strong business intellect necessary for taking the business to the next level.
• Ability to influence and motivate others to maximise their efforts towards achieving the company’s business purpose.
• Demonstrate business acumen, finance expertise and strategic planning skills.
• Visionary leader who demonstrates the ability to interface and maintain effective working relationships with all departments.
• Proven management skills.
• Ability to collaborate with executives at a strategic and tactical level.
• Deep understanding of regulation, coupled with an understanding of cost and revenue, capital allocation, and stakeholder issues.
• In-depth understanding of performance reporting and financial / budgeting processes.

Education and training:

• Degree in business, e.g., Bcom (Accounting), Economics, Business Administration, etc.
• Chartered Accountant registration.

Experience:

• At least 10 years' experience in the finance industry and managing a team in a dynamic and highly competitive environment.
• Experience in a senior financial leadership role in a company with complex financial modelling.
• Demonstrated ability and experience advising and influencing executives, providing insights that lead to key decision making within the business.
• Substantial experience in leadership and an ability to motivate and promote professional development of a cross-functional team.