Group Financial Manager -JMH Group

City Hospital / Joint Medical Holdings

  • Durban, KwaZulu-Natal
  • Permanent
  • Full-time
  • 1 month ago
The incumbent will be responsible to assist the CFO in management of the finance department and the financial performance of the company.POSITION INFO:KEY PERFORMANCE AREAS
  • Supervision of a complement of approximately 25 staff members.All administrative related tasks for staff e.g., Kronos; leave and overtime.
  • Preparation and presentation of consolidated results for the group and admin companies (Management accounts).
  • Reviewing management accounts and management files of all companies.
  • Review of all intercompany transactions and preparation of intercompany close off journals.
  • Analysing the costings of major expenses and ensuring all activities and expenses are in line with business practice.
  • Supervising the preparation of Annual Financial Statements.
  • Manage the Group’s accounting departments and implement best practices.
  • Manage processes for financial forecasting, budgeting, and consolidated reporting to the Group.
  • Provide prompt and efficient customer service to internal and external customers. Foster constructive working relationship with internal and external stakeholders.
  • Build productive working relationships with stakeholders to understand their business operations and the financial information needs of end users.
  • Manage relationships with others across the Group to achieve alignment in key business strategies and decisions.
  • Manage the Group’s cash flows within available facilities, providing appropriate reporting to Directors and Executive Management.
  • Manage the Group’s financial reporting obligations, with responsibility for preparation of consolidated accounts.
  • Collaborate, design, implement and review
systems, policies, and procedures to ensure continuous improvement and best practice. * Oversee finance systems managing transaction flows from source through interfaces to general ledger.
  • Ensure reporting functions and responses to ad hoc requests for financial related information are appropriately delivered.
  • Build team and individual capability, ensuring personal effectiveness for work in current and future roles.
  • Review and finalisation of all income taxes computations and submissions at year end. Review of all calculations provisional taxes to be paid.
  • Oversee UDZ allowance project and finalisation of the tax impact of JMH property.Reviewing and approving VAT computations.
  • Supervision of payroll department.
  • Review and approve finance department payroll.
  • Review and authorise payroll net pay,
Aid and 3rd party payments for the group. * Authorise Pension payments on the Old Mutual platform for the group.
  • Review the individual company budgets.
  • Consolidate the individual company budgets to compile a group budget for Income and Expenses as well as Capital Expenditure.
  • Present the budgets to management.
  • Preparation for and oversee the external audits listed below:
  • Annual Financial Audit • BBBEE Audit.
  • SARS Audits.
  • Oversee the internal Fixed Asset audit.
  • Ensuring compliance with external regulators:
  • SARS compliance.
  • Debt providers compliance (Rand Merchant Bank).
  • Ensuring compliance with internal policies and processes.
  • Evaluating the tenders for outsourced services e.g., Catering, security and cleaning and providing feedback to management.
  • Special project investigations for new businesses.
  • Compilation of financing options for special projects.
  • Review and authorise purchase orders.
  • Liaising with Shareholders regarding their shares and any other queries they may have.
  • Authoriser of intercompany transfers on the
platform. * Review and authorise new suppliers loaded on to banking profile.
  • Oversee special projects regarding the upgrading of ERP systems.
  • Advising on investment activities and provide investment strategies.
  • Provide financial reports and interpret financial information to management.
  • Oversee operations of the finance department, set goals and objectives, and design a performance framework.
  • Provide executive management advice on all financial activities and implications for the Group.
MINIMUM REQUIREMENTS
  • CA(SA)
  • 5 years’ experience in the relevant industry.
  • Experience in supervising the staff and overseeing reports from staff.
  • Must be proficient in Accpac and VIP.
  • Effectively able to communicate financial information with varying levels of financial acumen.
  • Ability to work as a member of a team.
  • Effectively able to produce, analyse and interpret complex financial information.
  • Excellent organisational and prioritisation skills.
  • Excellent judgment demonstrated and decision-making skills.
  • Ability to work in a progressive and challenging environment.
  • Advanced financial modelling skills.
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