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Reporting directly to the CEO the Group CFO role is responsible for overseeing day-to-day group accounting functions, integrating finance operations, forecasting, and budgeting, handling tax matters, preparing financial reports, and ensuring organizational financial stability.
Core Responsibilities:
? Help with directing and overseeing all aspects of the finance and accounting functions of the group.
? Provide leadership in the development of short and long-term strategic financial objectives.
? Manage month end process across the group, review financials and make sure they are sent to the Board on time and in agreed template format.
? Manage quarterly reviews across the group
? Take part in budgeting across multiple companies in the Group
? Provide guidance on and assistance with all accounting related queries to group employees
? Improve and oversee cost controls across the group
? Prepare treasury report (cash balance and requirement analysis) for each company and consolidated
? Asist in external financial audits
? If needed, provide advice on intercompany pricing
? Make sure documentation is in order for intercompany transactions
? Set up new books (chart of accounts, items, pricing), if required.
? Review, amend, add group wide policies to make sure accounting standards are followed and proper controls are in place and followed.
? Manage and consolidate financials of all entities, produce monthly and quarterly management accounts and reports to identify results, trends and financial forecasts.
? Protect and strengthen the groups competitive advantage by advocating and supporting sound business and financial decision making.
? Review all financial plans and budgets regularly to look for cost reduction opportunities, financial risks and to check for discrepancies.
? Analyze information, forecasts sales against expenses and creates annual budget plans and provide feedback to the board of directors.
? Ensure a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
? Ensure quality control and all financial transactions are properly recorded, filed, and reported.
? Ensure all financial reporting systems comply with government regulations and legislation and ensure all entities are tax compliant.
? Coaching and Mentoring finance heads of each business entity.
? Ensure appropriate corrections are made to audit results if necessary. Review audit issues to ensure accuracy.
? Maintain all the necessary reporting to the banks and backup system reports.
? Develop and document business processes and accounting policies to maintain and strengthen internal controls.