Position title : FINANCIAL MANAGER
Position reports to : CFO
Business Unit : EXCELLERATE PROPERTY SERVICES
Main purpose / objective of the position :
To ensure that finance is seen as a value adding business partner (Business, Tenants, Property Asset Management and External clients).
Develop Finance's influence in the making of business decisions. To oversee and manage all aspects of the Client Portfolio Financial Department.
To develop systems that cater for the reporting needs of property owners.
Decision making authority :
Potential candidate must be able and comfortable to make rules and establish precedents enabling direct reports to produce output.
Candidate must be able interpret the strategy laid out by Senior Management by applying material and manpower resources to achieve objectives outlined in the strategy specific to minor organizational function.
Experience / Education :
B. Com or B. Com Hons in Finance with min 3years related exp. as a Financial Manager
Skills required :
Advanced Financial Calculations
Advanced Financial Reporting
Knowledge required :
Detailed knowledge of all financial policies, procedures and processes
Competencies required :
Financial and Business Acumen; Applied Strategic Planning; Challenging
Duties will include but not limited to :
Banking Reports :
Weekly cash balances per subsidiary
Intercompany balances schedule
Quarterly balances per subsidiary vs management accounts
Subsidiary Banking Management :
ABF Contracts and Management :
Liaison between business unit and bank
HO signature of contracts
Monthly report of usage
Management of Forex Positions and Limits :
General queries by subsidiaries on banking matters
Manage all administration of bank accounts and signatories :
Change in signatories on all business unit bank accounts
Change in signatories on all group bank accounts