Banking

Senior Finance Manager

Durban, KwaZulu-Natal
Work Type: Full Time

SENIOR FINANCE MANAGER

 

An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to be part of the finance department at a local niche bank and provide financial management, accounting, compliance, and business support within our growing, dynamic institution.

 

Reporting to the Chief Financial Officer (CFO), the successful candidate’s responsibilities will be to: 

 

  • Implement the Finance Divisions Strategy in accordance with best practice and manage the day-to-day operations.
  • Continually evaluate accounting standards (IFRS) and legislative requirements (VAT, TAX, SARB Regulations). Identify potential impact and make recommendations to mitigate risk.
  • Manage all budgeting and forecasting including the development of financial models.
  • Prepare financial reports and MIS for local management and in accordance with Group requirements
  • Continually evaluate accounting standards (IFRS & SWISS GAAP) and legislative requirements (VAT, TAX, SARB Regulations). Identify potential impact and make recommendations to mitigate risk.
  • Advise the CFO on key costs, profitability and cash flow metrics.
  • Prepare Assets and Liabilities Committee (ALCO) and Board packs and advise EXCO on Regulatory developments.
  • Oversee preparation of monthly Banks Act Regulatory Returns and ensure successful implementation of new Regulatory requirements.
  • Manage relationship between external/internal auditors and ensure all year end deliverables including Annual Financial Statements are timeously prepared.
  • Attend to ad-hoc requests including independently working on special Regulatory and Strategic projects.
  • Mentor and develop finance team members and promote a high-performance culture.


Benefits

24 days of annual leave per annum

Provident Fund

Medical Aid

13th Cheque


The following minimum requirements must be met to be considered for this position:

 

CA (SA) (mandatory). Big 4 articles (preferred)

Six to eight years post articles experience at a managerial level

Experience within the banking industry is advantageous, particularly experience with Banks Act (BA) returns preparation as well knowledge of BASEL III, and other regulations affecting the banking industry.

Project management experience

Comprehensive understanding of financial analysis methods and techniques, as well as IFRS expertise, internal control principles, closing and reporting processes.

Advanced skills in Microsoft Excel

Well-developed report writing, communication, presentation, and negotiation skills.

Strong attention to detail and ability to work under pressure to achieve deadlines.


Talent Partner:
Olivia Munchin
 
Remuneration:
Market Related
 

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