Financial Manager (Development Finance/Financial Services)

A Cape Town based development finance business, within financial services, that specializes in high-impact credit lending to BEE companies, is looking for a Financial Manager to join their team.

Importantly the candidate should have an interest or passion for development finance.

Key responsibilities will include:

• Develop and execute financial strategies aligned with organizational goals
• Manage financial operations and ensured compliance with local financial regulations.
• Provided monthly, quarterly, and annual financial reports to CEO and directors.
• Oversee cash flow, working capital, and financial risks, and find ways to effectively reduce operational costs annually and meeting budgets.
• Supervise accounts payable/receivable processes, optimizing operational efficiency.
• Lead and guide a team of 4 finance professionals, fostering growth and continuous improvement in performance.
• Implement and maintain financial systems Xero, Simplepay, improving workflow efficiency.
• Manage day-to-day financial operations, including budgeting, financial reporting, and reconciliation.
• Conduct financial analysis to guide decision-making processes and improve business outcomes.
• Prepare, budgets, and financial planning processes.
• Ensure compliance by submitting timely tax returns and other company returns
• Lead the financial year end and BBBEE audit
• Prepare and present board packs to directors quarterly
• Prepare and review policies and procedure documents for finance and HR department
• Interview, draft and review new employee contracts including loading them on the payroll system.
• Prepare monthly payroll run to pay all active employees for the month.
• Oversee any employee related queries including CCMA cases where they may arise.
• Manage EFT payments

Qualifications and Experience required:

• 3+ years’ experience in a financial accounting role, preferably within a credit lending, leveraged finance or investment banking environment or exposure to or interest in development finance
• Bachelor’s Degree in Accounting, Finance or a related field, CA(SA)
• Solid mastery of financial analysis, modelling and valuation work with minimal oversight
• Support ability to be able to create presentation materials using PowerPoint, Excel and Word
• Strong interpersonal & communication (written and oral) skills
• Team player with the ability to build effective relationships with management teams and other intermediaries and colleagues
• Ability to maintain elevated level of productivity and efficiency
• Manage priorities while working on a number of opportunities simultaneously
• Strong quantitative, analytical and problem-solving skills
• Strong individual initiative with the ability to take a proactive approach to assigned projects
• Able to maintain a high level of confidentiality
• A willingness to continuously learn

Characteristics and qualities:

• Ability to multi-task
• Flexible approach and willingness to assist in related issues (small team requires multi-faceted role)
• Proactive and the ability to work independently
• Strong attention to detail
• Results focused
• Willingness to work flexible hours when required