Group Financial Controller

Job Summary

Works across multiple entities with diverse operations. Manages responsibilities through a team of Finance Managers, Accountants and support staff. The role requires a hands\-on approach with specific responsibilities for cash flow management, group accounting and management \& statutory reporting. Work according to agreed business reporting and statutory timeframes.

Major Duties and Responsibilities

► Provide excellent leadership and management of Corporate Accounting, measured by the effectiveness, engagement and business units in respect of the team.

► Build productive working relationships with stakeholders in order to understand their business operations, value addition cycle and the financial information needs of end users.

► Manage relationships with others across the Group to achieve alignment in key business strategies and decisions.

► Manage the Group’s cash flows within available facilities, providing appropriate reports to Group CFO.

► Manage the Group’s financial reporting obligations, with responsibility for preparation and lodgment of compliant full year and quarterly consolidated accounts.

► Work closely with Statutory Auditors to finalize the audit and issuing the financials as per the deadlines stipulated by the management.

► Manage the Group’s statutory taxation obligations (including Zakat, VAT, Withholding Tax, Customs duty draw back etc.), with responsibility for preparation and lodgment as per the GAZIT stipulations.

► Collaborate, design, implement and review finance systems, policies and procedures to ensure continuous improvement and contemporary relevant practices.

► Oversee finance systems managing transaction flows from source through interfaces to general ledger.

► Ensure finance ledgers are maintained on a timely basis, are accurate and complete, and structured for the dual purpose of providing relevant information to internal users and meeting statutory obligations.

► Ensure reporting functions and responses to ad hoc requests for financial related information are appropriately delivered.

► Preparation of annual budgets and rolling forecast for holding company entities.

► Competent to make financial projections for 3 to 5 years at time.

► Must be conversant in making the capital investment evaluations (IRR, NPV Payback period etc.)

► Perform the management of accounting function for holding company entities.

► Consolidation of Group accounts as per the IFRS guidelines.

► Able to identify, asses and report to the GCFO, all risks associated with the group of companies.

► Undertake a range of other activities within the Corporate Finance function, in conjunction with other Finance staff, such as maintenance of consolidated key finance activities (e.g. asset financing); governance/internal control activities; business administration or insurance management.

► Address the queries raised by the internal auditors and assist in providing accurate information to them accordingly.

► Additional duties as directed by CFO.

Generic accountabilities – team member

► Build team and individual capability, ensuring personal effectiveness for work in current and future roles.

► Contribute to the effectiveness of the Corporate Accounting team.

► Support team meetings at which progress against KPIs are monitored and discussed.

► Impart required training to department staff in updating their knowledge and skills.

Generic accountabilities – every employee

► Support a safe working environment within your area of responsibility and a ‘safety first’ culture.

► Apply sound time management judgement in relation to prioritizing work and meeting deadlines.

► Ensure compliance with relevant legislation and organizational policies.

Managerial

► Able to manage change and risk.

► Excellent communication skills and the ability to communicate financial issues with non\-finance professionals and volunteers.

► Problem solving ability.

► Strong team player.

► Excellent inter