Director: Finance Operations - Cape Town, South Africa - BroadReach

Description

The purpose of the role is to direct the financial accounting and treasury management activities for the BroadReach Group i.e.

The incumbent provides oversight of the BroadReach Group's accounting policies, systems and related procedures as well as work with other financial management staff in the assessment and implementation of business process improvements that promote greater efficiency and enhance internal controls.

• Oversee and direct the BroadReach Group's accounting functions, including financial reporting, revenue recognition and customer billing process, cash receipts and accounts receivable, accounts payable, banking and related processes, payroll, cash management and the technical accounting for the BroadReach Group. Develop an indepth knowledge of these functions and step in to assist from time to time.
• Supervise the trial balance/general ledger balance reconciliation statements and justifications of accounts within the required deadlines.
• Review consolidation reporting and endofyear accounts, tax statements, etc.
• Direct work process assessments and identify and implement improvements to policies, procedures, internal controls, and tools that realize greater operating efficiencies and enhanced customer service support.
• Ensure that the BroadReach's accounting procedures and principles are correctly applied to ensure the quality and reliability of the Group's accounts as well as compliance with IFRS, US GAAP, UK GAAP and other local financial reporting frameworks.
• Keep informed about changes in tax and accounting regulations, industry best practices and alert on changes they may generate in BroadReach systems and processes.
• Support and supervise BroadReach Group's monthly close process in close coordination with other senior finance staff.
• Analyze monthly management accounts for the BroadReach Group, monitoring and evaluating various critical accounting data and prompting managerial action.
• Ensure compliance with legislation through timely compilation and submission of returns to the registrar of businesses, tax authorities, etc.
• Act as primary liaison with the external auditors and lead both internal and external audits in the periodic review of the BroadReach Group's financial records. The incumbent is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings.
• Develop and implement standard operating procedures which ensure that proper internal control procedures and checks are in place to maintain the integrity of the accounting records, and to minimize risk of errors and omissions, and safeguard company assets.

• Lead and manage the BroadReach Group accounting team in a manner that promotes teamwork, encourages collaboration, and embraces the idea of continuous improvement while creating a satisfying work environment where team members can thrive.
• Ensure that the finance operations teams across the business are comprised of qualified financial personnel capable of meeting the objectives and responsibilities, noted above.
• Build highly effective finance/accounting team through training, development, coaching and mentoring.
• Monitor and adjust the workload and procedures used by finance team members to maximize efficiency, employ checks and balances, as well as take advantage of new technology.
• Perform other duties as may be required by management from time to time.

• Bachelors' degree in finance/accounting or related field
• Completed 3 years training program at a reputable audit firm
• Chartered Accountant qualification i.e. CA(SA), CPA, ACCA, CIMA, etc.

• Post graduate degree in finance/accounting related field coupled with a chartered accountant qualification.

• More than 10 years of progressive accounting and leadership experience; of which more than 5 years should be in a similar role managing a team of qualified accountants in a matrix environment.
• Strong knowledge of major accounting frameworks such as IFRS, US GAAP as well as internal control frameworks.
• Experience in multicurrency, multicompany, and multijurisdictional accounting with budget oversight for more than US$30 million in annual revenue.
• Demonstrable experience coordinating internal or external audits.
• Experience in conducting training/capacity building for finance as well as nonfinance staff.
• Demonstrable experience working collaboratively with others within the larger finance organization as well as across departmental functions and take appropriate action when required.
• Ability to provide effective business solutions and collaborate with other senior management team members in problem r