Financial Manager

We are looking for a Financial Manager to take responsibility for the planning, implementation, managing and running of all the finance activities for FMS Property Managers. The role will require you to be trustee facing when questions are raised with regards to finance.

It is a specific requirement of the position that the incumbent understands the importance of meeting timetables and deadlines. Late deliveries and missing deadlines have ramifications for other departments relying on timeous delivery of information from these departments. This will include the management of 6 employees.

FMS Property Managers is a managing agent who manages 80 Sectional Title Schemes and Homeowner Associations.

 

The successful candidate will join a successful, well established business, working with an energetic and fast moving team.

 

If you would like to build your career in a fast paced, dynamic environment where opportunities are endless, then apply today!

 

Duties include but are not limited to the following:

Leadership, Direction & Management

Overall management finance team (6 Direct reports)
Provide leadership, direction and management of the finance and accounting teams
Responsible for reviewing financial systems, internal controls and procedures
Review, management and authorisation of payments
Manage the processes for financial forecasting and budgets
Preparation and completion of annual body corporate budgets for the trustees approval
Planning and coordinating the external audit process
Manage that all body corporate audits are completed as per agreed audit plans
Review the Annual Financial Statements of all entities to ensure accuracy
Deadline tracking
Staff Training
Staff Upliftment
Performance Appraisals

Strategy

Provide strategic recommendations to the CEO and members of the executive management team
Define financial requirements against mandated goals and objectives

Standard Operating: Procedures / Daily, monthly and annual financial processing

Client facing meetings with Trustees and query resolution
Ensure that SOP’s are in place for all financial transactions
Ensure that staff are sufficiently trained on SOP’s, and are competent in the roles
Ensure standardisation of all reporting and financial transactions
Identify risk areas
Ensure the following tasks are done accurately and within agreed timelines
Cashbooks
Allocations
Payments
Billing
VAT
Management Accounts
Levy Clearances
Credit Control
Refunds
Internal requests
External requests
Email management
External Audits
AFS Reviewed and signed off
Annual Budgets
Year end processed
Income tax returns submitted and paid timeously

Reporting

Reporting to the CEO
Analyse monthly accounts, and ensure accounts are correct, before sending to trustees
Produce financial reports related to budgets, account payables, account receivables, expenses, etc
Oversee the preparation of all financial reporting
Monitor the actual use of financial resources against the approved budget
Produce financial reporting that shows the organization’s financial position, operating performance and cash flow over a period time through the use of financial statements
Create management reports on a regular basis that are relevant to decision making processes
Daily task tracking report
Business reports review
Manage accounts queries
Body corporate annual budgets preparation, including MRR plan for trustee approvals
AFS queries

Qualifications:
Qualified Chartered Accountant – CA(SA) with a minimum of 3 years post article experience

 

Experience and Knowledge:

3-5 years team management experience
3-5 years experience in a financial management
Proven leadership skills is essential (experience in managing a corporate finance team/department)
Solid knowledge of financial processes, systems and related laws
Solid knowledge of the income statement / balance sheet , bank reconciliations, and payment function and debtors control procedures.

Skills and Attributes

Excellent computer skills (experience in Google drive, docs, sheets advantageous)
Leadership skills
Dynamic, energetic, driven
Excellent written and oral communication skills.
Excellent analytical and abstract reasoning skills, plus excellent organisation skills
Ability to work and communicate with Executive management regularly
Able to identify system inefficiencies and propose solutions
Attention to detail
Resilience
Technical financial acumen
A self-starter who shows initiative and can work independently to solve problems.
Experience in a commercial environment, including developing & implementing effective work processes, procedures and controls
Able to perform under pressure

Specific Requirements

Solid and positive references
Clear health record
Clear credit record
No criminal record