Group Financial Manager at Servest SA

Minimum Requirements

• Bachelor’s degree in Accounting, Finance, (relevant Master’s degree preferred) Professional accounting qualification such as CA(SA) or ACCA essential.
• Minimum of 10 years of experience in financial management, with at least 5 years in a senior leadership role within a large corporate environment.
• In-depth knowledge of IFRS, financial reporting and treasury management.
• Extensive knowledge of South African financial regulations and tax laws.
• Proven track record of managing complex financial operations and leading successful teams
• Proficiency in financial enterprise systems and software is essential combined with advanced MS Excel skills.

Duties & Responsibilities

Financial Management

• Oversee the daily accounting and financial operations, including accounts payable, accounts receivable, payroll, and general ledger of the group.
• Ensure accurate and timely recording of all financial transactions.
• Develop and implement financial policies, procedures, processes and internal controls to ensure the accuracy and integrity of financial information.
• Maintaining chart of accounts and the integrity of the financial accounting system and sub-systems of Servest.
• Monitor financial processes and provide regular reports to the Group CFO and senior management.

 Financial Planning

• Oversee the preparation of financial statements, ensuring accuracy, completeness, and compliance with IFRS.
• Prepare and present consolidated financial statements in accordance with International Financial Reporting Standards (IFRS).
• Ensure timely and accurate monthly, quarterly, and annual financial reporting.
• Coordinate and manage the annual audit process, liaising with external auditors.
• Manage and oversee the group’s tax function and compliance with various tax submission requirements.

Treasury Management

• Manage the group's treasury function, including working capital and cash flow management, liquidity planning, and investment strategies.
• Oversee the management of banking relationships and ensure optimal utilisation of banking facilities.
• Develop and implement treasury policies to optimise the use of financial resources.
• Monitor foreign exchange and interest rate exposures, implementing hedging strategies as needed.

Internal Controls and Compliance

• Ensure compliance with all financial regulations and statutory requirements.
• Develop and maintain a robust internal control environment to safeguard the group's assets.
• Conduct regular reviews to identify and mitigate financial risks

Team Leadership and Development

• Lead and mentor the finance team, providing guidance, training, support and development opportunities.
• Foster a collaborative and high-performance culture within the finance team.
• Identify training and development needs and facilitate professional growth opportunities