SUMMARY:
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POSITION INFO:
A Property Company is looking for a young dynamic Financial Manager. The person will be responsible for Finance Structuring for the Rental invoicing, applications, and overseeing the maintenance team. Be Operational back up for the Chairman. Property experience and Payprop accounting will be an advantage.
Preparation of Monthly Management Accounts & Financial Reporting
- Reviewing Leases agreements
- Rental on Payprop, Sole accounting responsibility for Club Resco
- Supervising Maintenance Team. Compiling monthly Balance Sheet reconciliation file, to ensure integrity of financial statement line items presented
Cost Analysis & Control
- Analysis and identification of incurred costs versus budget and prior year, in order to fully understand cost drivers for key stakeholders to make informed decisions
- Identify cost saving opportunities in order to improve the financial performance of each business unit
Review reconciled expenditure reports to test the validity of costs
Treasury Function
- Check, verify and release electronic bank payments of OPCO’s as second (A level) approver. Approve first level for own entities
Ensure cash-flow across the Group is maintained at optimum level
Group Procurement
- Assume the day-to-day responsibility to ensure the Club Resco procurement department operates effectively in securing best products and pricing structures (identifying cost saving opportunities)
Supervise Group
Stock
- Planning and oversight of monthly stock counts for business units under management
- Spot checks on stock counted, to ensure accuracy of count
Monthly spot checks on operational asset register list
Pricing
Ensure on an annual basis that the pricing model for Club Resco is both fair (industry norms) and sustainable
Budgeting & Budgetary Control
- Compile the annual budgets and submit for Chairman approval. Assist with budgeting for other group companies
- Review the budgeted fees and expenses for large variances and resolve prior to the Chairman conducting his review. Preparation of forecast for the rest of the financial year
Preparation of the budgeted income statement, balance sheet and cash flow statements including determining funding needs for the year ahead
External Audit & Preparation of Annual Financial Statements (AFS)
- Preparing the Annual Audit files as per Group Instructions received
- Assisting the rest of the finance teams with execution of the Group Instructions received
- Provide assistance to the finance teams to resolve audit queries and ensure the audit is completed in an appropriate time frame
Review financial statements to ensure they are prepared in accordance with IFRS and agree to final trail balance
Leadership and Management
- Manages own teams performance to ensure delivery of the approved finance strategy across designated departments
- Gives regular, comprehensive and constructive feedback to team and conducts their performance appraisals
- Adjusts management style to get the best from the individuals within the team
Delegates work to team members taking into account their capacity, level of skill and exposure to different types of work and complexity; provides clear instructions and direction, with reasonable deadlines
To apply for the position, please forward a motivational letter, an updated CV with a picture of yourself to consultant2@careercustodians.com
**Please note that only successful candidates will be contacted. Should you not hear from us within 14 days – please consider your application unsuccessful**
NB! This job is now closed. You can apply for other jobs by uploading your CV.