Introduction

A progressive Investment Holdings company is looking for a qualifed Senior Finance Manager.

The Senior Finance Manager is a pivotal leadership role within the finance team, acting as a key deputy to the CFO. The incumbent is responsible for the accuracy and integrity of all financial reporting, the efficiency of accounting operations, and the strategic analysis of financial data. By leading a team of accounting professionals, the Senior Finance Manager ensures timely and precise financial closes, robust internal controls, and provides critical insights to support the Trust's strategic objectives.

Duties & Responsibilities

1. Financial Leadership, Strategy and Budgeting

Serve as trusted support to the CFO and the organization on all financial and operational matters.
Assist the CFO in developing long-term financial strategies, annual budgets, and multi-year forecasts.
Lead the annual budget preparation process, working with department heads to align projections with strategic goals.
Develop financial forecasts and conduct scenario analysis to evaluate potential impacts on the organization.
Perform detailed monthly/quarterly variance analysis, comparing actual results to budget and prior periods; provide actionable insights and recommendations to management.
Analyze financial performance against benchmarks to identify opportunities for cost savings and efficiency gains.
Oversee capital expenditure planning and investment analysis, assessing projects for strategic importance and ROI.
Present financial plans, reports, and analyses to the CFO, Board of Trustees, and committee meetings.

2. Financial Reporting, Compliance & Audit

Oversee the entire month-end and year-end close process, ensuring deadlines are met with a high degree of accuracy.
Ensure the integrity, accuracy, and completeness of all accounting records in compliance with GAAP and organizational policies.
Prepare quarterly financial statements (Income Statement, Balance Sheet) and supporting notes in line with relevant reporting standards.
Function as the primary liaison for the annual external audit; coordinate provision of documentation, address queries, and implement recommendations.
Stay informed on changes in accounting standards (GAAP/IFRS), tax laws, and PBO regulations; advise management on necessary adjustments.
Ensure full compliance with Public Benefit Organization (PBO) regulations, including tax exemptions and reporting standards.

3. Accounting Operations, Controls & Tax

Oversee core accounting functions: AP, AR, payroll, fixed assets, and investment accounting.
Develop, document, and maintain strong internal control policies and procedures to safeguard assets.
Oversee and approve weekly payment requisitions and online banking transactions, ensuring adherence to authorization protocols.
Maintain an accurate Fixed Asset Register, coordinate annual physical asset counts, and manage the depreciation schedule.
Ensure accurate and timely submission of all tax filings, including monthly PAYE returns and the annual tax return.
Address and resolve any queries from the South African Revenue Service (SARS) promptly.
Manage cash flow and banking relationships, conducting weekly treasury reviews to ensure sufficient liquidity.

4. Risk Management & Governance

Identify, assess, and mitigate financial, operational, and compliance risks.
Develop and implement robust internal controls to prevent errors, fraud, and inefficiencies.
Monitor compliance with internal policies, spending limits, and authorization protocols.
Report on identified risks, mitigation efforts, and financial exposures to senior management and the board.
Participate in Audit Committee meetings, providing clarity on financial standings and risk management practices.

5. Team Leadership & Development

Directly manage, mentor, and develop the Senior Accountant and Accountant, fostering a culture of continuous improvement.
Delegate tasks effectively, oversee workflow, and conduct regular performance reviews.
Ensure the team is adequately trained in accounting standards, internal policies (e.g., expense authorization), and financial systems (e.g., Sage).
Identify opportunities for process automation and efficiency gains within the finance function.
Provide training to finance and administrative staff on audit readiness and best practices.

Desired Experience & Qualification

Education: Bachelor’s degree in accounting, Finance, or a related field.
Certification: Certified Public Accountant (CPA) or Chartered Accountant (CA) designation is strongly preferred.
Experience: 8+ years of progressive experience in accounting and finance, with at least 3 years in a managerial or supervisory role.
Technical Skills: Expert proficiency in Microsoft Excel; deep experience with major ERP accounting software (e.g., Sage Intacct, Microsoft Dynamics); strong understanding of GAAP.
Leadership: Proven ability to lead, motivate, and develop a team.
Sound knowledge of Trust law, PBO regulations, financial governance, and donor reporting requirements ( Experience within the South African NPO/NGO sector.
Experience in investment strategy, risk management, and audit coordination

Added Advantage :

Master’s degree in business administration (MBA) or Finance.
Exposure to non-profit/social impact organisations
Postgraduate degree in Accounting, Finance, or Business field (e.g. Master’s degree in business administration (MBA) or similar.

Package & Remuneration

Market Related Salary from R 70 000 per month negotaible

BUZILE HR CONSULTING

Latest Jobs

SENIOR FINANCE MANAGER