Finance Manager

Southey Contracting • Other • Cape Town, South Africa • 2h ago

The Financial Manager will be responsible for the overseeing the regional financial operations of Africa, ensuring effective management of budgets, forecasting, reporting, and compliance. This role serves as a strategic partner to regional leadership, driving financial performance and supporting business objectives.

Main Responsibilities:

Financial Reporting:

Prepare accurate and timely monthly, quarterly, and annual financial reports for regional leadership in line with deadlines
Oversee the budgeting and forecasting process across all locations in the region
Ensure compliance across African locations with corporate reporting standards and regional regulatory requirements
Highlight financial trends and provide actionable insights to address opportunities and challenges

Operational Oversight:

Monitor and control regional operational expenses, ensuring efficient use of resources
Collaborate with operational teams to improve cost efficiency and profitability
Work closely with operations to improve business performance and deliver results in line with budgets and forecasts
Ensure optimal levels of working capital management are in place to improve the cash conversion cycle
Oversee the implementation of financial policies, procedures, and systems across the region
Ensure optimal repatriation of funds from locations in Africa to requested locations, minimizing tax levels and timeliness of transfers

Team Leadership:

Supervise and mentor regional finance staff, fostering a culture of high performance
Provide training and support to enhance the skills and expertise of the finance team
Collaborate with cross-functional teams to ensure financial strategies are integrated into operational plans
Set objectives and KPIs through annual performance plans for team members in line with regional goals

Compliance and Risk Management:

Ensure compliance with local tax, regulatory, and legal requirements by delivering returns in line with local and regional deadlines
Ensure business functions are in line with the DOA and other control-based mechanisms
Identify financial risks and implement strategies to mitigate them
Ensure monthly reconciliation of balance sheet accounts
Support internal and external audits, addressing any findings effectively

Business Partnering:

Work closely with regional leadership to support business growth initiatives
Provide financial input on new projects, investments, and expansion plans
Act as a trusted advisor to stakeholders, offering guidance on the financial implications of strategic decisions

Process Improvement:

Identify opportunities to streamline financial processes and enhance accuracy
Design and implement robust policies and procedures to safeguard assets and smooth the running of the businesses across the region
Roll out initiatives to improve business performance
Support the adoption of new technologies and tools for financial management
Drive initiatives to improve financial information provided to support businesses in their decision-making process

Recognized Qualifications and Experience:

Essential:

Qualified Accountant through one of the Internationally recognized Institutes (ACA, ACCA, CIMA)
5 plus years of experience in financial management, preferably in a regional or multi-location role (Angola a preference)
Strong knowledge of local and international financial reporting standards and regulations
Excellent analytical, problem-solving, and decision-making skills
Effective leadership and team management abilities
Proficiency in financial software and advanced MS Excel skills
Strong interpersonal and communication skills, with the ability to influence stakeholders
Microsoft Dynamix that is a plus but not essential
Candidates need to have a strong background in one of the main ERP systems (SAP, Oracle, JD Edwards).

Behaviour and Personal Qualities:

Essential: