Financial Manager - Centurion at Momentum

Role Purpose    

• Manage the finance function through professional and ethical financial practices and services that provide quality and accurate financial information and financial reporting in order to support and enable business processes and decision-making. 

Requirements    
CA SA / CIMA

• 5-8 years experience in financial management
• 5-8 years experience in managing people
• Relevant industry experience

Duties & Responsibilities    
INTERNAL PROCESS

• Deliver to the Head of Finance monthly accurate and relevant management reports and analysis that add value and offer insights on:
• the financial results of the Product Houses.
• key financial performance indicators.
• return on investment for key growth initiatives.
• internal financial controls.
• Manage the accuracy, validity and authorisation of journals processed within the area of responsibility.
• Manage the creation and maintenance of records on the financial management system to ensure the accuracy and integrity of financial records and documents.
• Manage the resolutions of financial queries.
• Facilitate and manage the budgeting process and evaluate budget information received and discuss errors or omissions with stakeholders.
• Proactively engage with the Head of Finance and business to forecast future expenses and identify solutions to enhance cost effectiveness and increase operational efficiency.
• Development and maintenance of budget and forecast manex frameworks.
• Provide consolidated reporting for the Momentum Life expenses for the Product Houses.
• Document all business drivers that impact financial results (revenue and expenses), which may be applied to financial analysis.
• Support financial discipline of the business unit by making recommendations to improve cost management where relevant.
• Lead role for the development of the company's financial and GL module within the line of business system.
• Internal and external collaboration with key stakeholders
• Effective balance sheet management
• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.
• Contribute towards the development of financial risk methodologies, techniques and systems and use to monitor and report on financial activities.
• Monthly internal financial control reporting for all financial processes across the business unit
• Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings.
• Keep abreast of trends, legislation and best practices within the financial management field in order to optimise service offering and delivery.
• Finance lead for various financial projects providing guidance as well as practical solutions for problems identified.
• Support the ET process
• Manage the implementation and adherence to financial controls on all line of business and financial systems and ensure that authorisation levels are adhered to and raise exceptions with the relevant stakeholder.

CLIENT

• Build and maintain relationships with clients and internal and external stakeholders.
• Define service practices which builds rewarding relationships, encourages innovation and allows others to provide exceptional client service.
• Deliver on service level agreements made with clients and internal and external stakeholders in order
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.

PEOPLE

• Manage and maintain stakeholder relationships between business and centralised Group Finance, to ensure alignment and collaboration.
• Create a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
• Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth.
• Effectively manage performance within the team in order to ensure business objectives are achieved.
• Encourage innovation, change agility and collaboration within the team.
• Support the building of the team’s capability in order to ensure that the team is equipped to strategically partner with business and provide leading solutions.

FINANCE

• Assist with the design, implementation and consistent improvement of financial frameworks through engagement with stakeholders within the business unit and across MMH.
• Provide useful and relevant financial dashboard and reports, including trend analysis and insights to support management action and decision making in finalising financial forecasting and projections
• Understand business and it’s value chain
• Align the expense management process of the business unit with MMH expectations ensuring all financial reporting tools and expense allocation models are updated within required timeframes with appropriate and correct input.
• Ensure effective financial controls are implemented to protect the business unit from financial losses and implement actions to mitigate the current and any future such losses.
• Ensure appropriate statutory accounting aligned with IFRS and reconciliations are being performed and outstanding matters are followed up on timeously

Competencies    

• Providing Insights  
• Making Decisions 
• Managing Tasks
• Empowering Individuals
• Interpreting Data
• Developing Expertise
• Meeting Timescales
• Directing People
• Examining information
• Adopting Practical Approaches     
• Upholding Standards

Skills

• Stakeholder management
• Presentation skills
• Problem-solving skills
• Analytical skills
• Technical accounting skills
• People management skills
• Stakeholder management
• Presentation skills
• Problem-solving skills
• Analytical skills
• Technical accounting skills
• People management skills