Senior Group Financial Officer KZN

Durban - South Africa

Monthly Salary: Not Disclosed

Posted on: 18 hours ago

Vacancies: 1 Vacancy

Job Summary

1. MAIN PURPOSE
The Senior Group Finance Officer is responsible for supporting the Chief Financial Officer in ensuring the effective financial management of the Group. This includes maintaining robust financial controls accurate and timely financial reporting supporting strategic planning processes and ensuring compliance with statutory and governance requirements. The role plays a key part in consolidating group results enhancing financial systems and ensuring optimal financial operations across business units.

2. KEY PERFORMANCE AREAS
Financial Aspects

- Ensure proper accounting systems and internal controls are consistently applied across the Group.

- Support the preparation and consolidation of monthly quarterly and annual financial reports.

- Review divisional submissions for accuracy completeness and compliance with Group standards.

- Support the year-end audit process and coordinate audit schedules.

- Assist in the development and rollout of financial policies procedures and controls.

- Support cash flow forecasting and working capital management across the Group.

- Ensure compliance with IFRS tax legislation and statutory requirements.

Commercial

- Assist in financial evaluations for investments business cases and strategic initiatives.

- Monitor performance against budgets and forecasts; prepare variance analyses.

- Provide financial insights to support decision-making across business units.

- Review expenditure patterns and support cost optimisation initiatives.

- Analyse margins pricing trends and financial performance by product and market.

Operational Aspects
- Assist with competitor and market analysis reviews.
- Coordinate responses to audit queries and ensure resolution of audit findings.
- Monitor adherence to financial procedures across the Groups operating units.
- Provide support in the preparation of strategic financial plans and forecasts.
- Collaborate with IT to ensure optimal financial systems functionality.

People / Leadership
- Supervise junior financial staff as required and support capability development in the finance team.
- Provide training and guidance on financial processes systems and reporting standards.
- Work collaboratively with divisional finance teams to standardise reporting practices.
- Promote a culture of accuracy accountability and continuous improvement.

Miscellaneous
- Maintain Group financial documentation and ensure proper archiving and governance.
- Support procurement and vendor management processes as delegated.
- Prepare reports presentations and insights for senior management and the CFO.
- Contribute to the achievement of the organisations 3-year and 5-year financial strategy.
- Perform additional duties aligned to the role as required by the Chief Financial Officer.

4. LEVEL OF DECISION MAKING
- Professional / Managerial Level within delegated authority limits
- Provides recommendations to CFO for key financial decisions

5. QUALIFICATION AND EXPERIENCE

5.1 Minimum Qualification Required
- Bachelors Degree in Accounting / Finance
- CA(SA) essential
5.2 Business Skills
- Minimum 57 years experience in finance with at least 3 years in a group/consolidations or senior accounting role
- Strong technical accounting and reporting skills
- Proficiency in financial systems (ERP experience essential)
5.3 People Skills
- Strong communication skills with ability to interact with executives auditors and cross-functional teams
- Ability to work under pressure and meet strict deadlines 5.4 Other Attributes
- High levels of accuracy and attention to detail
- Analytical thinker with strong problem-solving skills
- Integrity and commitment to good governance
- Strong organisational and planning capabilities

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Senior IC

1. MAIN PURPOSE The Senior Group Finance Officer is responsible for supporting the Chief Financial Officer in ensuring the effective financial management of the Group. This includes maintaining robust financial controls accurate and timely financial reporting supporting strategic planning processes ...