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Finance Manager (Durban) - G4S Cash Solutions South Africa

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Job Reference: G4S/TP/2716490/131719
Number of Positions: 1
Job Category: Accounting/Finance/Insurance/Commercial
Contract Type: Full Time
Salary: Market related
Location: Durban
G4S Region: Africa
Country:South Africa

G4S Business Unit:South Africa - Cash Solutions
Closing Date: November 11, 2018
Package Description: Remuneration and benefits will be commensurate with the seniority of the role and in compliance with company remuneration policy and practice.

Job Introduction:

Finance Manager: Management Reporting

G4S Cash Solutions (SA), a leading provider of integrated cash management solutions, has a vacancy for a Finance Manager, based at our Head Office in Durban.

Reporting to the Regional Operations Director, the Finance Manager is responsible for the monthly overall management of the accounting and reporting functions of the Cash business.

The successful incumbent is a self-starter with a proven track record in maintaining company policy, adopting best practices, and is able to exercise sound judgement in the pursuit of the achievement of the goals of the organisation, and understanding the role which finance and management reporting plays within a successful business unit. The incumbent will be expected to be results driven and to live the values of the organisation.

Role Responsibility:

Completion of monthly and group reporting

  • Collect information from relevant internal sources and compile professional, accurate management reports monthly
  • Benchmark costs and conduct variance analysis
  • Prepare complete trade review packs for detailed analysis and review
  • Report on and prepare financial General Ledger monthly reports and Management accounts
  • Follow up and query all discrepancies
  • Verification the accuracy and correctness of the systems to provide accurate financial information
  • Verify actual results for variances to previous reporting periods, or to identify inaccuracies
  • Ensure compliance with IFRS
  • Ongoing review of cash flow
  • Report on company assets and liabilities including balance sheet account reconciliations and review of intangible assets
  • Ensure compliance with all financial regulations

Preparation of annual budgets, monthly, and quarterly forecasts

  • Compare budgeted/forecasted results to actual or expected results in order to identify inaccuracies.
  • Undertake detailed analysis of results and financial position, to accurately formulate forecasts and financial reports
  • Co-ordinate with stakeholders and regional finance teams to collate required information
  • Review reporting standards and implement improvement action plans as needed to address deficiencies

Liaison  with internal and external auditors

  • Act as a liaison with internal and external auditors for finance department.
  • Co-ordinate the audit programme to ensure timeliness and preparation of information
  • Investigate and follow-up on discrepancies of audit reports
  • Provide feedback to auditors and management on discrepancies.
  • Manage action plan to address discrepancies and findings

Development, implementation and monitoring of financial controls

  • Assess existing financial controls, and determine areas for improvement and change
  • Manage change process, and implement improved financial controls within the department
  • Provide ongoing training on correct financial control procedures
  • Review on an ongoing basis and identify areas of continued/repeated deficiency
  • Update, refine and maintain financial controls policy in line with Group Guidelines, and best practice standards
  • Develop and formulate financial procedures to maintain proper financial controls.

Staff management and development

  • All team members have clearly defined job profiles aligned to the profile of the manager
  • Ensure performance contracts are in place and regular goal reviews completed to assess achievement of results
  • Apply poor performance management or employee relations management principles and processes should this be required
  • Provide support, coaching (train) and mentoring continuously to ensure that objectives are met
  • Ensure completed development plans for each employee
  • Allocation resources appropriately to ensure operational demands are met
  • Ensure that events/activities taking place in team are effectively communicated within the team and to other teams requiring the information
  • Ensure adequate succession planning to meet ongoing and anticipated business requirements

The Ideal Candidate:

Minimum Requirements:

  • Relevant B Degree with completed articles preferred
  • 2 to 5 Years management accounting experience coupled with staff management would be deemed suitable for the level of the position.
  • SAP experience/knowledge would be highly recommended
  • Computer Literacy on all MS Office Packages with specific referent to Excel, advanced level
  • Sound report writing skills

Knowledge, Skills and Attributes:

  • Knowledge of Financial principles and practices
  • Knowledge of financial controls and audit standards
  • Knowledge of how to perform and review reconciliations
  • Knowledge of how to implement financial controls
  • MS Office Computer skills (Excel Advanced)
  • Analytical skills
  • Working with complexity
  • Planning and Coordination
  • Managing conflict
  • Delivering strategy
  • Delivering performance
  • Managing professionally
  • Awareness of the market environment
  • Acting professionally
  • Driving change
  • Leading people
  • Customer thinking
  • Collaborating and co-operating

We welcome applications from all suitably qualified candidates, but SA citizens or those with a valid SA work permit, will have a distinct advantage

About the Company:

G4S is the world’s leading international security solutions group, which specialises in outsourced business processes in sectors where security and safety risks are considered a strategic threat. G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S has operations in more than 125 countries and 657,000 employees. 

G4S operates in over 25 countries in Africa and employs over 105 000 people on the continent. At G4S South Africa, our vision is to be recognised as the leader in providing security solutions. We therefore endeavour to build and maintain a motivated, capable workforce who are proud to work for our region and able to deliver our commercial strategy. We continue to build on the excellent people management practices which are in place across the Group in order to fully engage our workforce. 

G4S is an organisation which is defined by its values, which are:

  • We act with Integrity and Respect - Our business activities and relationships are built on trust, honesty and openness. We do what we promise and always strive to do the right thing. We listen. We treat our colleagues, customers and those in our care with the utmost respect.
  • We are passionate about Safety, Security and Service Excellence - We are passionate about working safely and take great care to protect our colleagues and customers from harm. We are experts in security and use that knowledge to protect our customer’s assets. We keep our promises and are passionate about delivering high levels of customer service.
  • We achieve this through Innovation and Teamwork - We invest in technology and best practice to continuously improve the products and services we offer. We challenge ourselves to find new ways of helping our customers achieve their goals. We work together as a team, valuing everyone’s contribution, to ensure we achieve the best results for our customers and our business.

For more information on G4S, please visit: 

-29.8618249 31.009909

Please Note: The application deadline for this job has now passed.