Overview

role description

Responsible for the financial health of the business.

key relationship collaborators

Shared Services
Development Team
Customer Success Team

Sales & Acquisition                        

competencies

Communication, analytical skills, problem solving skills, detail orientated, ability to meet tight deadlines and strong leadership skills.

basic role knowledge

Good understanding of South African Taxation, IFRS/IFRS for SME's. General understanding of Netherlands taxation and accounting. Extensive knowledge of accounting practices.                                         

Role Specific

key responsibility area

tasks & activities

Budgeting & Forecasting

·        Manage the preparation of group financial budgets through input from each department head, combined with sales, recruitment, and expense forecasts

·        Evaluate performance against budget and make recommendations for corrective action

·        Manage and update the monthly expenditure forecast.

·        Collaborating with Sales & Customer Success teams to manage and update the monthly revenue forecast.

Cashflow management

·        Manage the cash flow forecast, to ensure up-to-date visibility of cash constraints and other impending risks.

·        Balance supplier payments with cash flow forecasts.

Debtors & Suppliers

·        Oversee Invoicing and ensure correct capturing of data

·        Oversee the debt collection process and assist where necessary

·        Oversee supplier payments and ensure suppliers are paid timeously

·        Negotiate with suppliers for improved payment terms or payment plans where necessary.

Reporting & Audit

·        Design, and manage monthly management accounts

·        Manage the preparation of other recurring or ad-hoc reports, recons, etc as required by the business

·        Ensuring that financial record keeping meets the requirements of auditors and other relevant regulatory agencies

·        Overseeing the annual external auditing process to ensure that the audit is completed within 6 months of year-end.

Tax, Statutory returns, Regulatory & Compliance

·        Ensuring that all intercompany transactions are, where necessary, conducted at arm’s length, and are (where necessary) approved by SARB

·        Review and oversee the submission of Income Tax returns

People Management

·        Lead and mentor the Finance team, ensuring adherence to best practices and high performance.

·        Set strategic goals for the Finance function, aligning with broader business objectives.

·        Foster a culture of continuous improvement and innovation within the team.

·        Conduct regular performance evaluations, providing guidance for professional development.