Finance Manager

We are recruiting on behalf of our client; a Johannesburg-based Financial Manager contract role (June-December, permanent possibility) in software/advisory services. Expectation of 3-4 days in office weekly (5+ hours daily, full-time considered).

Key responsibilities include ensuring financial health and profitability, analyzing data, providing strategic guidance, and implementing financial plans. Leadership of direct team and management team to ensure effective finance processes is required. Audit period is August-October; November-December focus on handover and stability.

Responsibilities

Monthly Management accounting function

• Oversee entire finance function incl. Debtors and Creditors, including ensuring all invoicing, credit notes and invoicing processing is complete and valid.
• Monthly accounting process; this includes some processing as we as a full review of all items processed and all reconciliations; a full balance sheet reconciliation is performed monthly.
• Review and reconcile the Income Statement, balance sheet and CRM accounts monthly
• Production of management accounts by 5th Business day of new month;
• Weekly Cashflows
• Monthly Forecasting – revenue and expenses
• Payroll including calculation of monthly commissions both for accrual and payment
• Ensure all VAT, Employees Tax, Income Tax and any other tax or statutory returns are completed accurately and filed timeously

Financial Controls and Processes

• SOP and Other Policy Development
• Structure and Develop the project accounting framework
• Current accounting/VAT analysis and revamp
• Process automation and implementation of new software tools
• Develop Business Unit strategy, planning and monitoring
• Review and improve the controls and processes around debtors, creditors, procurement, fixed assets and cost management and the other various finance processes
• Coordinate and run the Financial Audit including the production of the annual financial statements (year end is September – Audit and AFS to be completed by 30 November)

Budgeting and Forecasting

• Develop finance strategies to drive the Company forward, in line with the long-term vision of all shareholders.
• Development rolling forecasts including suggested actions to assist management in measuring performance against targets.
• Development of the companies SaaS metrics and Unit Economics to better understand and manage the performance of the Company.
• Develop of ROI calculations per product/Business Unit
• Develop Accurate cost ventilation across products/Business Units
• Plan, co-ordinate and run the annual budget process (budget to be approved by 15th September); this then rolls into a monthly forecast process;
• Coach leadership team members to enable them to own their financial information; budget, monthly actuals and forecast

Company Secretarial

• Ensure all company secretarial items are up to date; including but no limited to Annual returns, all required resolutions etc.

Leadership and Team Management

• Leading the finance team – currently a senior Sales Admin and Debtors Manager and a Junior accountant
• Manage deliverables of the external accountants – certain functions outsourced
• Coach leadership members in terms of their responsibilities regarding the financial management

Experience & Qualifications

• CA(SA) / CIMA / SAIPA / ACCA designation
• Audit and budgeting experience in similar-sized businesses
• High transaction volume experience (hundreds of transactions)
• Reporting to Exco/Board of Directors
• Preferably 5 years in a financial management role

Software knowledge (beneficial):

• Xero Projects
• Salesforce
• Syft
• Fathom

Skills and Characteristics:

• Confident and detail-oriented with strong operational skills, capable in people and project management.
• Experienced in complex account reconciliations, process improvement, risk management, and financial/cost control.
• Adept at financial reporting, analysis, cash flow management, technical accounting, and business intelligence.
• A natural leader and innovative problem solver with a self-starting, high-energy, and hands-on team-player approach, known for dependability, rule following and multi-tasking.