Finance Manager

Johannesburg, Gauteng, South Africa

Job Description


Job Details:Title: Finance ManagerLocation: Rosebank, JohannesburgPermanent: YesFull time: YesIndustry: Private EquitySalary / CTC: R 60 000 starting salary (negotiable, depending on qualifications and experience)Reports to: Investment Manager:Our Client is seeking a dynamic and experienced Finance Manager to join their team. The Finance Manager will play a crucial role in the company and lead and take responsibility for managing and executing day-to-day requirements and deliverables on the overall reporting and finance function of the Fund. They will also be responsible for assisting the deal team in recording and monitoring the periodic financial reporting obligations of investee-companies in the portfolio.Roles and Responsibilities:

  • Records, prepares and reports periodic financial information for all relevant entities included in the overall Fund structure
  • Leads, with the assistance of deal teams the execution of the financial reporting aspects of transactions and monitoring investments.
  • Assumes responsibility for the overall compliance, preparation and submission of tax returns and any other regulatory returns / submissions to various regulators
  • Prepares reports, explains and analyses financial and other information.
  • Manages and leads key relationships with the Fund Administrator, Auditors, Bankers and other service providers
  • Assist deal teams and/or the ESG officer in implementation of certain components of the Value Creation Plans in investee organisations.
Key Performance Areas (KPA) [to be developed]Financial reporting and management
  • Develop and maintain a comprehensive and effective accounting system and reporting framework
  • Maintain and enhance technical knowledge (IFRS, Tax)
  • Maintain excellent communication skills both written and oral
  • Lead and manage the process in compiling quarterly, semi-annual and annual reports of the portfolio companies and Fund entities overall
  • Preparation and approval of annual financial statements for various Fund entities
  • Lead and manage the relationship with key service providers including the Fund administrator, Auditors, Bankers
  • Assist in managing the KYC, ESG and other admin processes and finalisation of special conditions
  • Ability to cope under pressure & managing multiple projects and timelines
  • Working towards and meeting deadlines
  • Provide regular and appropriate feedback and communication to all relevant stakeholders
Treasury function
  • Assume responsibility for the treasury function and control over bank accounts
Transaction Skills
  • Assist deal team in the assessment & collation of information & the due diligence process
  • Assist in implementing pay-out on the transaction
Job Complexities
  • Multi-tasking and effective time management (deadline driven).
  • Attention to detail whilst under considerable pressure.
  • Solution driven particularly in dealings / negotiations with difficult parties.
  • Effective management of relationships at all levels (incl. strategic partner level)
  • Ad-hoc projects.
JOB INTERACTIONSWithin CompanySenior partners, other team members and IC members (incl. external members)Outside CompanyLegal and other corporate advisers, 3rd party debt providers, other counter parties including Fund investors, co-investors, investee company management and staff and Fund administratorJob pressureEven flows to un-predictable peaks on numerous occasions throughout the year.Core CompetencesBehavioural Competencies / Performance Drivers
  • Attention to detail (conscientious, consistent and thorough)
  • People Focused (providing service excellence when dealing with various stakeholders and external service providers)
  • Passionate about business (actively demonstrates through research / networking etc a natural curiosity for business, markets, economy and applies professional scepticism and judgement in assessing and monitoring of investments)
  • Teamwork orientated (Establishes connections and fosters unity across teams., works collaboratively to achieve results)
  • Organisational awareness (understands and operates in a broad spectrum- political, cultural and social)
  • Demonstrates strong interpersonal skills at various levels
  • Excellent written and oral communication skills (ability to modulate tone and style to audience)
  • Demonstrates effective time and project management
  • Broad awareness & understanding of financial markets and instruments.
  • Advanced skills in Excel and other financial modelling tools & protocols
  • Advanced understanding of accounting rules and ability to interpret financial statement
  • Reasonable awareness & understanding of key commercial statutes and regulation (Tax, Companies Act, ESG etc.)
Qualifications:B.com (Accounting) and Honours degree or Finance Honours degreeExperience:Minimum of 3 years experience in appropriate finance function roleProfessional RegistrationsCA (SA) or similar accounting qualificationJob Specific Requirements.
  • Advanced understanding of accounting rules and a track record in preparing financial statements
  • Advanced understanding of Tax legislation and track record in preparing and submitting tax returns.
  • Good working knowledge of key commercial statutes and regulations (Payroll, Companies Act, ESG etc.)
  • Good skills in Excel and other financial modelling tools & protocols.
  • Reasonable knowledge of financial markets and instruments

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Job Detail

  • Job Id
    JD1332041
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R60000 per year
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned