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Group Financial Manager
Posted date [2019-Jan-23]  (ID: 2759)
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The purpose of MGI Consulting Recruitment Services is to recruit high quality permanent and/or contract staff on your behalf to your satisfaction.

In order to satisfy your needs we have set for ourselves a set of objectives aimed at ensuring your requirements are met in an efficient and professional manner.

We believe that if you are to benefit from utilizing our services it is important that you profit by it, and this can only be achieved in our business if the candidate we put forward meets your exacting requirements and remains in your employ.

Having started in 1996, MGI has a tradition of continuity and integrity. We value our clients and have consistently built up a client base and a reputation for good service reaching nationally and internationally....

Group Financial Manager
R1 080,000 CTC p.a.


The Group FM will work in collaboration with the Chief Financial Officer; manage the book keeping team; and to obtain financial data in order to compile reports based on the financial performance of the Group


Essential Requirements:

·       CA (SA)

·       8 years of experience in a senior level Finance or Accounting position

·       4 years in senior management

·       Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles

·         Understand business ethics and values

·         In depth knowledge of corporate financial law and risk management practices

·         In depth knowledge of current trends and requirements of financial reporting (e.g. IFRS)

·         Excellent knowledge of data analysis and forecasting methods

·         Proficient in the use of MS Office and financial management software (e.g. VIP)

·         Strong leadership and organizational skills

·         Excellent communication and people skills

·         An analytical mind, comfortable with numbers

·         High level of integrity and dependability with a strong sense of urgency and results-orientated

·         Knowledge of strategic planning and management skills

·         Knowledge of transformation and change management principles

In-depth understanding of policy conceptualisation, analysis and implementation


Financial Management

·        To ensure the cost effective allocation of organisational resources,

·        Preparation of Group and individual entity budgets,

·        Submit Group Annual statutory financial statements,

·        Submit Group Statutory tax returns


·       Interpret and execute strategy into a departmental plan with specific objectives and targets,

·       Ensure that the strategic plan is relevant within context of the current economic environment,

·       To effectively manage all deviations from the strategic plan.


·       Adhere to policies and procedures, as well as legislative requirements,

·       Adhere to business ethics and values

·       Enforce departmental procedures in support of the business strategy

·       To manage and control deviations from departmental governance as defined by the CFO

·       To ensure adherence to HR policies and governance in regards to the employment relationship, including all employee and industrial relations,


·       Monitor and direct the implementation of strategic business plans,

·       Represent Company at public functions, events or external meetings,

·       Conduct and chair departmental meeting,

·       Determine key objectives and targets for each section within the finance function as set by CFO,

·       Ensure effective organisational structures, sufficient resources and effective business processes for each section to achieve its objective,

·       Assist the CFO with the development of financial and tax strategies,

·       Assist with the formulation, communication and implementation of the financial policies,

·       Responsible for the integrity of financial information and financial systems.


·       To ensure any and all deviation from all financial projects are only as formally set out by the CFO,

·       To ensure deviations to time, budget and scope of project programs are as set by the CFO,

·       Ensure that the fraud prevention plan as set by the CFO is operational and constantly adhered to without deviance.

HR Management

·       Assist in the recruitment and on-boarding of finance employees,

·       Initiate disciplinary action for employees that are non-compliant with objectives, policies and procedures,

·       Ensure a continuous high level of staff morale as well as ensuring a low level of staff turnover,

·       Create and maintain a succession plan for the finance department,

·       Ensure adherence to HR policies and governance.

Management reports

·       Adherence to report requirements as set out by CFO,

·       Compile and present all reports to the CFO, keeping him/her appropriately informed of the budget position,

·       Timeously delivery of reports



DISCLAIMER: Only candidates who comply with ALL the above mentioned stipulations will be considered.
All successful candidates will be contacted, if not contacted please consider your application unsuccessful.



HOW TO APPLY: Please Register and then APPLY ONLINE
Job Title Group Financial Manager
Nationality South African
Employment Equity Open to all Candidates
Town/City Craighall
Location Gauteng
Country South Africa
Job Type Permanent
Industry Financial & Accounting
Salary R1080 000 per annum CTC
Languages Spoken
Job Ref No
Start Date ASAP
Closing Date
HOW TO APPLY: Please Register and then APPLY ONLINE