Finance Manager
Momentum
Date: 16 hours ago
City: Centurion, Gauteng
Contract type: Full time

Consult by Momentum is a registered Financial Service Provider (FSP) with a Category I and II licence, delivering top-tier financial planning, advice, and investment management services. Catering to a diverse clientele that includes high net worth individuals, the affluent sector, upper retail, and small business enterprises (SMEs), Consult by Momentum is recognised as one of South Africa’s largest financial planning and advice specialists enabling us to present a full spectrum of product solutions from all major providers of life, health, savings, investments, short-term, and employee benefits in South Africa. We are committed to the ethos of treating our customers fairly, thereby ensuring that our clients receive industry-leading solutions.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
Manage the finance function through professional and ethical financial practices and services that provide quality and accurate financial information and financial reporting in order to support and enable business processes and decision-making.
Requirements
SKILLS REQUIRED
Responsibilities And Work Outputs
INTERNAL PROCESS
Competencies Required
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
Manage the finance function through professional and ethical financial practices and services that provide quality and accurate financial information and financial reporting in order to support and enable business processes and decision-making.
Requirements
SKILLS REQUIRED
- Stakeholder management
- Presentation skills
- Problem-solving skills
- Negotiation skills
- Technical accounting skills
- People management skills
- Technical finance skills
- 3-5 years’ experience in accounting and/or financial management post articles (essential)
- Qualified CA (required)
- Relevant industry experience would be a preference
Responsibilities And Work Outputs
INTERNAL PROCESS
- Oversee accounting practices and policies in line with group standards and ensure that cost allocations are aligned to the business methodology.
- Manage the implementation of segment finance polices, procedure and controls in line with Group Finance frameworks.
- Manage the implementation and adherence to financial controls on all line of business and financial systems and ensure that authorisation levels are adhered to and raise any exceptions with the relevant stakeholders.
- Oversee the accuracy, validity and authorisation of journals processed within the area of responsibility.
- Manage the creation and maintenance of records on the financial management system to ensure the accuracy and integrity of financial records and documents.
- Manage the resolutions of financial queries.
- Manage the reconciliations of the transactions on the bank statement to the General Ledger, and between line of business systems and payment systems.
- Investigate, identify and make recommendations to improve expense management.
- Advise stakeholders regarding the implement of the preferential procurement process and the implications of non-compliance.
- Support the preferential procurement process and provide management information and insights regarding suppliers.
- Contribute to the interpretation and explanation of financial analysis, forecasts and scenarios in order to guide business decision making for the segment.
- Oversee the delivery of accurate and relevant management reports and analyses that add value and insight for the business.
- Oversee the delivery of accurate and timeous reporting (including KPI and operational reports), analysis and insights.
- Review consolidated reports to ensure that the information is appropriate and accurate.
- Manage the audit process, including drafting of annual financial statements and resolve any audit queries within deadlines.
- Control and track the budget for the various departments within area of responsibility.
- Facilitate and manage the budgeting process and evaluate budget information received and discuss errors or omissions with stakeholders.
- Keep abreast of trends, legislation, and best practices within the financial management field in order to optimise service offering and delivery.
- Deliver monthly financial statements to stakeholders within agreed timeframes and adequately address and resolve stakeholder queries.
- Manage execution of the financial aspects of contracts and verify that all financial commitments listed in agreement are met based on the terms written in the contract.
- Have a clear understanding of business drivers that impact financial results, to apply to analysis and recommendations.
- Analyse and review past financial trends to assist business with prediction models, forecasting, scenario testing and target setting, to drive business results.
- Responsible for the full risk management function to be performed in line with group policies and directives.
- Complete due diligence and valuations as required by the business.
- Provide authoritative, expertise and advice to clients and stakeholders.
- Build and maintain relationships with clients and internal and external stakeholders.
- Contribute to the process of negotiating objective and realistic service level agreements, monitor appropriateness, and recommend adjustments.
- Define service practices which build rewarding relationships, encourages innovation and allow others to provide exceptional client service.
- Deliver on service level agreements made with clients and internal and external stakeholders to ensure that client expectations are managed.
- Make recommendations to improve client service and fair treatment of clients within area of responsibility.
- Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
- Control and track the budget for the various departments.
- Facilitate and manage the budgeting process and evaluate budget information received and discuss errors or omissions with stakeholders.
- Review all departmental budgets that roll up to the consolidated budget and provide insights into variances against prior year and trend analysis.
- Proactively engage with business to forecast expenses and identify solutions to enhance cost effectiveness and increase operational efficiency.
- Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.
- Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities.
- Implement and provide feedback on the effectiveness of financial policy, practice and procedures preventing illegal, unethical or improper conduct.
- Implement risk management, governance, and compliance policies in own practice area, to identify and manage governance and risk exposure liability.
- Investigate reported willful acts of non-compliance to organisation policy and practice and report on findings.
Competencies Required
- Interpreting Data
- Providing Insights
- Managing Tasks
- Making Decisions
- Upholding Standards
- Developing Expertise
- Adopting Practical Approaches
- Empowering Individuals
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