Overview
Group Finance Manager Jobs in East London, South Africa at Abantu Staffing Solutions
Job Overview:
- To oversee and manage the financial health of the group by ensuring accurate reporting, strong financial controls, regulatory compliance and providing strategic financial insight to support executive decision making i.e we want someone that can influence the result. Also needs to take care of standard risk items including insurance as well as the integrity of our IT systems
Minimum requirements:
- CA(SA) or Bachelors’ Degree in Accounting / Finance + Articles at a registered Audit Firm
- 5+ years post articles experience of which at least 2 years must have been in a Managerial role
Key Responsibilities:
Finance Leadership & Reporting:
- Review and analyse monthly management accounts, providing detailed variance analysis and insights to the COO and Board
- Prepare and present comprehensive quarterly board packs, ensuring alignment between financial performance and strategic objectives
- Lead the budgeting and forecasting process in collaboration with departmental heads to ensure accuracy and strategic alignment
Risk Management & Compliance:
- Oversee credit application processes, conducting thorough due diligence to minimise financial risk and improve customer quality
- Act as custodian of organisational assets, ensuring compliance with IFRS and approving all capital expenditure
- Coordinate internal and external audits, ensuring compliance with regulatory standards and identifying risk areas
- Develop and implement compliance monitoring frameworks to improve operational efficiency
- Partner with HR to drive ethics and governance initiatives across the organisation
Taxation Management:
- Oversee the preparation and submission of all tax returns, including Provisional Tax and ITR
14, ensuring full compliance - Manage dividend withholding tax calculations, submissions, and reporting
- Maintain and update tax policies in line with current legislation
- Liaise with SARS on tax-related matters, ensuring timely submissions, payments, and resolution of queries
Cash Flow & Asset Management:
- Monitor and manage cash flow to ensure sufficient liquidity for operational requirements
- Oversee fixed asset registers and capital expenditure tracking across departments
- Manage payment processes, including supplier payments, floor plans, and petty cash, ensuring accuracy and timeliness
Governance & Stakeholder Engagement:
- Implement and maintain effective governance frameworks to ensure regulatory compliance
- Serve as the primary liaison with auditors, financial institutions, and SARS
- Ensure accurate record-keeping and audit-ready financial documentation at all times
Risk Identification & Mitigation:
- Review contracts and credit agreements to mitigate financial and operational risks
- Conduct regular risk review meetings with departmental heads covering key areas such as cash sales, WIP, debtors, and inventory controls
- Develop and enforce policies to manage risks across operations, procurement, and warranty processes
Cross-Functional Oversight:
- Oversee payroll processes and IT functions to ensure operational alignment and efficiency
- Manage and review insurance policies to ensure adequate organisational coverage
- Conduct interdepartmental financial reviews to support performance improvement and collaboration
Title: Group Finance Manager
Company: Abantu Staffing Solutions
Location: East London, South Africa
Category: