Head Of Finance

• day-to-day monitoring of financial operations within the company,
• ensuring the accurate and timeous flow of financial data to the company stakeholders and external regulators,
• preparing annual reports,
• meeting regulatory and statutory bodies,
• preparation for annual audits,
• developing and maintaining efficient accounting policies and procedures per the relative legislature and accounting standards,
• financial reporting,
• relationship management,
• staying abreast of technology,
• attending to special projects,
• cashflow management as well as the management and development of the finance team.
• Budgeting
• Leading the annual budgeting process to ensure accurate and timeous budgets are compiled.
• Prepare monthly analysis of income and expenditure against prior year and budget, providing explanations and business solutions to help mitigate the risks.
• Ensure all expenditure is tracked, reported and accruals are managed efficiently.
• Finance and related administration
• Implement and maintain accounting and administrative policies and procedures for financial activities including financial accounting and reporting.
• Understand and adhere to financial regulations and legislation.
• Ensure financial governance, internal controls and compliance to the Group's standards and reporting requirements are achieved in the specific timeline.
• Assist in providing accurate, timely and reliable financial information to the CEO to support the business in making strategic and operational decisions.
• Keep the CEO apprised of all financial-related matters that may impact the business on a daily, weekly, monthly, quarterly and annual basis.
• Develop standard and new accounting procedures to improve financial operations efficiency.
• Present financial reports to board members, stakeholders, executives, and clients in the respective meetings.
• Hold team accountable to ensure all statutory payments (e.g. income tax, VAT) are made accurately and before deadlines to ensure our client's companies attract no penalties.
• Ensure that the regulatory requirements of all statutory bodies are met.
• Review financial data and prepare monthly and annual reports.
• Establish and maintain financial policies and procedures for the company.Ensure sufficient systems and controls are in place to mitigate fraud and error and to detect any misstatements.
• Ensure the necessary information is available for the external auditors for the annual audit.
• Preparation and finalisation of the Annual Report to shareholders in line with best practices from industry peers.
• Cashflow management
• Update and track monthly cash flows to ensure that there is adequate cash available for the current needs of the business.
• Regular updates of the medium to long-term cash flows (10-year cash flow projections) to ensure that the company's long-term growth objectives can be achieved.
• Implement and monitor hedging strategy to ensure interest rate risk is managed.
• Project accounting and tracking
• Assist property management team by tracking large project expenditure, developments and refurbishments.
• Provide regular feedback to the operations team as to the cost versus budgets of the project expenses, regarding the initial budget as well as the latest QS report.
• Tenant billing, municipal, income and expenses
• Implement and maintain policies and procedures for the payment and recovery of municipal accounts as well as the monthly billing.
• Constantly improve these processes in response to changes in the business environment.
• Ensure that the queries arising from the recoveries and expenses are dealt with timely by the respective member of the finance team.
• Provide guidance and leadership on all municipal valuation queries that may arise.
• Proactively deal with any problems that may arise from the above.
• Relationship and reputation management
• Form a good working relationship with heads of departments, Senior Executives and Non-Executives.
• Relate to external parties in a manner that builds our client's brand and reputation as an organisation of integrity and efficiency.
• Information Technology
• Stay up to date with technological advances and accounting software to be used for financial purposes.
• Special Projects
• Assist the CEO by providing the necessary expertise and information when required for special projects.
• Provide strategic input and expertise to the CEO for due diligence and analysis of all acquisitions or internal developments.
• Management and the development of the Finance Tea

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