Finance Manager: Management Reporting - G4S Cash Solutions

G4S Cash Solutions (SA), a leading provider of integrated cash management solutions, has a vacancy for a Finance Manager: Management Reporting based at our operations in Centurion. The position reports to the Financial Director.

The successful incumbent is a self-starter with a proven track record in maintaining company policy, and adopting best practices, and is able to exercise sound judgement in the pursuit of the achievement of the goals of the organisation, and understanding the role which Finance Manager: Management Reporting plays within a successful business unit. The incumbent will be expected to be results driven and to live the values of the organisation.

The position requires at least 5 years of senior management experience within a security or services environment.  We welcome applications from all suitably qualified candidates, but SA citizens will have a distinct advantage. *Please note that this role is reserved and prescribed as a designated employment equity position*

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ROLE RESPONSIBILITY:

Finance Manager: Management Reporting 

1. Completion of Monthly and Group Reporting 

• Collect information from relevant internal sources and compile professional, accurate management reports monthly
• Benchmark costs and conduct variance analysis
• Prepare complete trade review packs for detailed analysis and review
• Report on and prepare financial General Ledger monthly reports and Management accounts
• Follow up and query all discrepancies
• Verification of the accuracy and correctness of the systems to provide accurate financial information
• Verify actual results for variances to previous reporting periods, or to identify inaccuracies
• Ensure compliance with IFRS
• Ongoing review of cash flow
• Report on company assets and liabilities including balance sheet account reconciliations and review of intangible assets
• Ensure compliance with all financial regulations

2. Preparation of Annual Budgets, Monthly, and Quarterly Forecasts

• Compare budgeted/forecasted results to actual or expected results in order to identify inaccuracies.
• Undertake detailed analysis of results and financial position, to accurately formulate forecasts and financial reports
• Co-ordinate with stakeholders and regional finance teams to collate the required information
• Review reporting standards and implement improvement action plans as needed to address deficiencies

3. Liaison with Internal and External Auditors

• Act as a liaison with internal and external auditors for the finance department.
• Co-ordinate the audit programme to ensure timeliness and preparation of information
• Investigate and follow up on discrepancies in audit reports
• Provide feedback to auditors and management on discrepancies.
• Manage action plan to address discrepancies and findings

4. Development, Implementation and Monitoring of Financial Controls

• Assess existing financial controls, and determine areas for improvement and change
• Manage change process, and implement improved financial controls within the department
• Provide ongoing training on correct financial control procedures
• Review on an ongoing basis and identify areas of continued/repeated deficiency
• Update, refine and maintain financial controls policy in line with Group Guidelines, and best practice standards
• Develop and formulate financial procedures to maintain proper financial controls.

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5. Staff Management and Development

• All team members have clearly defined job profiles aligned to the profile of the manager
• Ensure performance contracts are in place and regular goal reviews are completed to assess the achievement of results
• Apply poor performance management or employee relations management principles and processes should this be required
• Provide support, coaching (train) and mentoring continuously to ensure that objectives are met
• Ensure completed development plans for each employee
• Allocation of resources appropriately to ensure operational demands are met.
• Ensure that events/activities taking place in the team are effectively communicated within the team and to other teams requiring the
  information.
• Ensure adequate succession planning to meet ongoing and anticipated business requirements

6. Health and Safety

• Participate in the design/ development/ review/ implementation and monitoring of the branch/region/national safety plans for each year.
• Participate in safety forums created by the company for example safety meetings and safety talks
• Report all safety incidents to the relevant people
• Discuss all safety incidents on all levels
• Follow-up on any activities assigned through safety meetings/committees/representative/management
• Attend safety education and refresher programmes
• Comply with safety policies and procedures at the workplace
• Distribute safety information as and when required
• Wear protective clothing all the time

THE IDEAL CANDIDATE:

Minimum Requirements, Experience and Attributes

• BCom Accounting Degree
• 5 years of management accounting experience coupled with staff management would be deemed suitable for the level of the position.
• SAP experience/knowledge would be highly recommended
• Computer Literacy on all MS Office Packages with specific referent to Excel, advanced level
• Sound report writing skills
• Knowledge of Financial principles and practices
• Knowledge of financial controls and audit standards
• Knowledge of how to perform and review reconciliations
• Knowledge of how to implement financial controls
• MS Office Computer skills (Excel Advanced)
• Analytical skills
• Working with complexity
• Planning and Coordination
• Managing conflict
• Delivering strategy
• Delivering performance
• Managing professionally
• Awareness of the market environment
• Acting professionally
• Driving change
• Leading people
• Customer thinking
• Collaborating and coo-operating

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