Head of Finance & Commercial Mgt - Asset Finance
Niche Bank seeks results orientated and strategic leader. Pivotal role in managing finance, accounting, reporting, forecasting and budgeting aspects for Asset Finance (Capital Equipment Finance - CEF). Oversee regulatory and tax functions. Provide sound input into the Strategy of the business.
Main Responsibilities:
- Understand the financial, regulatory and compliance requirements of CEF.
- Ensure accurate and complete financial records and Internal Financial controls.
- Manage internal and external audit processes.
- Consolidate business and Group reporting presentations of financial results to Manco, Business Banking and Group.
- Represent the business on all related governance forums.
- Work closely with Business Banking Finance Team, and Group Finance structures.
- Represent the business on other forums and committees.
- Support Head of Capital Equipment Finance and monitor cost of funding structure etc.
- Manage and consolidate budget and forecasting processes.
- Monitor key performance measures that support strategic direction.
- Oversee the tax affairs of the Asset Finance division (CEF).
- Participate in the implementation of strategic business plans.
- Plan and manage the year-end process with external auditors.
- Monitor capital and liquidity positions.
- Oversee preparation of the consolidated financial information for Asset Finance (CEF).
- Oversee and govern the General Ledger and Reporting Tools feeding the financial results
- Review and approve monthly management accounts.
- Calculate and review the monthly incentive calculations.
- Prepare statutory reporting and Annual Financial Statements
- Prepare group reporting.
- Prepare half-year and year-end results.
- Prepare the statutory financial statements and tax returns.
- Participate in key decisions pertaining to strategic initiatives, operating plans and execution
- Provide strategic guidance to Head of Asset Finance regarding corporate actions, potential acquisitions and transaction structuring.
- Monitor the liquidity and solvency of the business unit.
- Implement and evaluate internal controls.
- Other key duties to be discussed at interview stage.
Qualifications and Experience:
- Qualified CA.
- 10 to 15 years experience in Financial Mgt in Asset Finance
Should you be interested in the opportunity:
- Please submit your CV online. You will be directed to our database, Ditto.
- For any queries, please contact Bev at SET on 082 495 8595.
- No WhatsApp CVs can be accepted.