Job Title

Financial Manager

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Market Related
Sector: All
Posted: 5 March 2024

Job Details

Job Purpose: 

Establishment of the benchmark for Internal Control and Financial reporting within the group. 

Duties & Responsibilities:

  • Maintain a documented system of finance policies and procedures.
  • Oversight and management of staff within the Finance (Trading) department.
  • Implement consistent accounting policies and maintain internal controls and the general ledger chart of accounts.
  • Review and monitor ledger accounts and reconciliations.
  • Assistance with treasury function including, but not limited to:
    • Maintaining the integrity of the groups’ online banking platforms (assignment of responsibilities),
    • Monitoring cash flow requirements of the group on a daily basis,
    • Releasing payments,
    • Maintaining banking relationships,
    • Investigating the best available platforms for investing excess funds to ensure that the group receives the best available returns,
  • Assist the Director’s in securing Capital Asset financing (Trading):
    • Creating Bank pack’s for presentation to the financiers,
    • Review the terms and conditions of proposed finance and report findings to the Director’s.
  • Monthly review of cost reports for new developments and tenant installations against budgets.
  • Manage the preparation of the trading companies’ budgets.
  • Report to management on the monthly performance of the trading companies’, variances to budget and reasons for those variances.
  • Engage in ongoing cost reduction analysis in all areas of the group.
  • Authorising expenditure in accordance with the parameters set out in the finance policies and procedures manual.
  • Assistance with the audit:
  • Drafting Annual Financial Statements,
  • Reviewing audit files prepared by the bookkeepers,
  • Review and authorise any changes required by the auditors.
  • Assistance with tax matters.
  • Review of VAT and tax documentation prior to submission to SARS.
  • Calculation of provisional tax payments.
  • Continual evaluation of suitability of current or proposed new accounting systems.
  • Monthly review and authorisation of Petty Cash Reconciliations.
  • Management of the credit facilities offered to customers (trading).
  • Insurance claims for the trading entities.
  • Guarantees – Internal and external.
  • Fleet tracking and reporting.
  • Responsible for overseeing and managing the operations of the charitable trust. 

Educational Qualifications and Other Job Requirements:
The preferred requirements of a Financial Manager are as follows: 

  • Chartered Accountant (SA)
  • Minimum 3 years post-articles managerial experience


  • Well-versed with accounting practices, particularly IFRS for SME’s and the tax laws of SA.
  • Up to date with changes in legislation and committed to continued development.
  • Highly accurate.
  • Ability to identify and respond to risks.
  • Presence of mind & diligence.
  • Excellent organizational skills.
  • The ability to learn, adapt quickly, use initiative in proposing solutions to problems.
  • Analyzing Information and clear presentation of collated information.
  • Dealing with complexity.
  • Attention to detail.
  • Good leadership abilities.