Financial Director at SovTech

Key Skills: 

• Strategic thinking and business acumen.
• Leadership and team management.
• Attention to detail and high level of accuracy.
• Ability to work under pressure and meet tight deadlines.
• Integrity and reliability.

Responsibilities:

• Financial Leadership & Reporting:
• Oversee all financial activities of the South African branch, ensuring adherence to international accounting standards (IFRS) and South African GAAP.
• Lead the preparation of financial statements (balance sheet, income statement, cash flow statement) for local and international reporting.
• Manage the budgeting and forecasting process, setting financial targets and monitoring performance against budget.
• Consolidate financial results with the international headquarters.
• Provide financial analysis and insights to support strategic decision-making by the South African leadership team.
• Financial Management & Controls
• Implement and maintain a robust system of internal financial controls to safeguard company assets and ensure accurate financial reporting.
• Manage all aspects of the South African branch's treasury function, including cash flow management, foreign exchange transactions, and banking relationships.
• Oversee accounts payable and receivable, ensuring timely payments and collections.
• Work with the development team to understand project costs and ensure proper financial allocation.
• Compliance & Regulatory Matters
• Stay abreast of South African financial regulations, tax laws, and reporting requirements, ensuring the company's compliance.
• Liaise with external auditors during the annual audit process.
• Manage tax planning and preparation of tax returns for the South African branch.
• Strategic Planning & Analysis
• Participate in the development of the South African branch's strategic business plan, providing financial guidance and analysis.
• Conduct cost-benefit analyses of new projects and initiatives to support informed decision-making.
• Evaluate potential risks and opportunities related to the South African business environment.
• Management & Team Leadership
• Lead and manage the South African finance team, providing coaching and mentorship to develop their skills and expertise.
• Foster a strong culture of financial accountability and transparency within the South African branch.

Requirements:

• CA(SA) qualification or equivalent recognized accounting designation.
• Experience (minimum 3 years) in a financial leadership role, preferably within a similar industry.
• Proven track record of developing and implementing successful financial strategies.
• Strong analytical and problem-solving skills with a keen eye for detail.
• Excellent communication and interpersonal skills, with the ability to effectively present complex financial information to both technical and non-technical audiences.
• Leadership qualities with the ability to motivate and inspire a team.
• Proficiency in financial modeling, budgeting, and forecasting techniques.
• In-depth knowledge of South African financial regulations and accounting standards (GAAP).
• Strong understanding of risk management principles.
• A strategic mindset with a focus on driving business growth and profitability.