O&L CENTRE (PTY) LTD
PURPOSE OF POSITION
The Financial Director’s position is dedicated to delivering world-class finance and accounting services across multiple and diverse operations. It ensures accuracy, timeliness, and completeness of financial information, supporting the Group’s vision and strategic objectives by providing reliable and value-added financial services.
QUALIFICATIONS & EXPERIENCE
- Post Graduate qualification in Finance or Accounting.
- Professional registration (CA).
- 10 years’ experience of which 5 years are at a Senior Leadership Level.
- Strong knowledge of financial and accounting principles, including IFRS and relevant regulatory requirements.
- Excellent analytical, strategic planning, and communication skills.
- Demonstrated leadership and team management abilities.
- Experience with financial modelling, forecasting, and risk management.
- Excellent communicator and great networking and people skills.
KEY ACCOUNTABILITIES
Day-to-Day and Management Accounting:
- Transactional Accounting:
- Managing the Processing and recording of daily financial transactions.
- Managing accounts payable and receivable.
- Management Reporting:
- Preparing monthly management accounts.
- Providing financial insights and analysis to support business decision-making.
Financial Reporting:
- Periodic Reporting:
- Preparing monthly, half-year, and year-end financial reports.
- Reporting to Corporate Finance as per established timelines.
- Annual Financial Statements:
- Preparing annual financial statements in compliance with accounting standards.
- Coordinating external audits and ensuring timely completion.
Compliance and Regulatory Requirements:
- Tax Compliance:
- Ensuring compliance with all tax regulations.
- Preparing and submitting tax returns and other statutory submissions.
- Regulatory Reporting:
- Managing compliance with other statutory requirements and submissions.
Cash Flow Management:
- Liquidity Management:
- Monitoring and managing the various Opco’s cash flow to ensure liquidity.
- Preparing cash flow forecasts and reports.
- Banking Relationships:
- Managing relationships with banks and financial institutions.
- Negotiating and managing credit facilities.
Payroll Management:
- Monthly Payroll Review:
- Reviewing and approving monthly payroll.
- Ensuring compliance with payroll-related statutory requirements.
Budgeting and Forecasting:
- Annual Budgeting Process:
- Coordinating the annual budgeting process
- Analyzing budgets from different OPCOs.
- Forecasting:
- Preparing periodic financial forecasts.
- Analyzing variances between actual results and budget/forecast.
Closing date – 12.08.2024