Manager: Finance (Cost & Management Accounting) at FlySafair

Description

• Prepare annual budgets, forecasts, and cashflows for the smaller group companies, ensuring accuracy, compliance, and timely submission;
• Oversee inventory transactions and ensure accurate reconciliation between the stock and finance systems, while driving automation and process integration to enhance efficiency;
• Manage the accounting processes and financial reporting for smaller group companies;
• Prepare audit related schedules as and when require;
• Ensure a robust cost control environment, working capital discipline, and accurate accruals;
• Provide leadership by acting as a resource, coach, and mentor, while setting clear team goals aligned with business objectives;
• Drive accountability and high performance by monitoring outputs, enforcing deadlines, and supporting continuous adherence to finance policies;
• Lead by example to foster a collaborative, disciplined and results-oriented work environment that recognises and rewards success;
• Support team members in overcoming barriers to productivity and goal achievement;
• Handle sensitive and confidential matters with professionalism, discretion, and sound judgment;
• Manage the accountants responsible for inventory reconciliations and the accounting of smaller group companies;
• Produce accurate monthly and quarterly financial reports, ensuring reconciliations are complete and aligned with IFRS and company policies;
• Report on inventory movements, reconciliations between stock and finance systems, and results of smaller group companies;
• Conduct variance analysis on stock movements and direct operating costs, reporting significant deviations to stakeholders with clear explanations and actionable recommendations;
• Manage the relationship between auditors and the Finance Department, ensuring all audit queries are resolved efficiently and accurately;
• Review and approve audit schedules to ensure completeness, accuracy, and compliance with IFRS and company policies, while confirming the audit readiness of smaller group companies’ accounts;
• Assist the Senior Manager: Finance in the annual audit process by coordinating information and deliverables from team members and other departments;
• Engage with internal stakeholders (Operations, Supply Chain, Commercial, and other Finance teams) to ensure finance-related processes are completed accurately and on time;
• Collaborate with external partners, auditors, and service providers to maintain accurate reconciliations, resolve queries, and ensure compliance;
• Support negotiations or reviews of financial terms by preparing accurate data, reconciliations, variance explanations, and scenario analysis;
• Participate in discussions and negotiations with regulatory and government bodies (e.g., ACSA, ATNS), reviewing and challenging the basis for proposed price increases or charges to safeguard the organisation’s interests;
• Ensure compliance of accounting records are accurate and comply with IFRS;
• Drive adherence to finance policies and procedures across departments, escalating non-compliance to the Senior Manager: Finance;
• Maintain compliance with all relevant legislation and regulatory requirements;
• Apply a thorough understanding of contractual agreements and regulatory charges to ensure accurate billing, accruals, and allocations;
• Ensure smaller group companies’ accounts comply with statutory filing requirements.

Requirements

• Grade 12 or Equivalent (Essential);
• BCom degree in Finance or Accounting (Essential);
• BCom Honours in Finance or Accounting OR 6 years Aviation experience (Essential);
• Professional certification such as SAIPA, SAICA or relevant (Essential);
• Chartered Accountant CA (SA) (Advantageous);
• 10 years’ Finance experience in a mid-sized organisation, of which, 3 years’ must have been in a management role (Essential);
• Must have completed articles (Essential);
• Experience in budget preparation and reporting (Essential);
• Experience in the preparing and finalising accounts in accordance with current South African regulations (Essential);
• Exposure to working across multiple systems and ensuring reconciliations between finance and operational systems (Essential);
• Experience in an accounting software package (Advantageous).