Senior Finance Manager

Senior Finance Manager opportunity in Johannesburg, Gauteng.

58Fleet is a world leader in its field of specialisation offering a variety of financial products for motor vehicles. 58Fleet aims to creatively solve problems and add value to people by ensuring Mobility for Good. 58Fleet forms part of the Motus Group, a leading JSE listed Company in the Automotive Industry where performance is driven by three keystones, 1. Leaders, 2. Innovation & 3.

Customer Champions. 58Fleet is seeking to employ a qualified and experienced Senior Finance Manager. The successful candidate will join a dynamic and highly skilled Finance Team. The successful candidate will report directly to the Managing Director.

JOB DESCRIPTION: The purpose of this role is to lead business & its development through collaboration with the Executive Team, Board of Directors, & finance team. To direct, add value & enable business decisions through strong leadership capabilities, exceptional strategic thinking, & attention to detail. The role requires an understanding of South African financial & compliance regulations.

The role will report to the Managing Director of the division and have 6 direct reports. DUTIES/ KEY RESPONSIBILITIES: Main activities will include:

• Overall responsibility & oversight of the division’s financial department & results.
• Responsibility for all financial matters, including management & financial reporting; budget development, planning & analysis, billing, debtors, creditors & fund accounting.
• The management of operational matters, including directing of staff & monthly payroll.
• Leading financial and processes while ensuring cost containment & financial discipline, effective management of internal & external audit.
• Engage with operations and systems teams to develop, test and implement processes to improve operational efficiencies. Strategic Financial Leadership:
• Lead the development & implementation of the division’s financial strategy in alignment with business objectives.
• Advise the executive team & board on financial planning, forecasting, & risk management.
• Champion projects that have broad implications across the organisation by aligning & influencing all key stakeholders.
• Provide key insights to support business growth, acquisitions, & other strategic initiatives.
• Participation in board, executive & insurance fund committees. Financial Management & Reporting:
• Oversee accounting standards selected & implemented by the organisation.
• Oversee the preparation of accurate & timely financial statements & other financial reporting in compliance with IFRS (International Financial Reporting Standards) & relevant South African regulations.
• Ensure the integrity of the division’s financial reporting, including monthly, quarterly, & annual financial statements & other financial reports.
• Identify & implement best practice management; provide strategic insight on the content of reports.
• Select & drive the development of appropriate financial & operational indicators. Analysis, forecasting & budgeting:
• Lead budgeting & forecasting processes & ensure financial plans are aligned with business objectives.
• Set standards for business analysis to support strategic direction & comparison; develop & implement finance solutions to complex & high-value commercial decisions including risk & business delivery. Financial Process, Control, Compliance & Risk Management:
• Analysis of fleet performance, funding allocation, vehicle allocation and interact with banks accordingly.
• Ensure compliance with local tax laws, financial regulations, & governance standards in South Africa.
• Manage internal controls & implement best practices to mitigate financial risks.
• Identify & manage financial risks & ensure the development of appropriate risk management frameworks.
• Oversee the auditing process & liaise with external auditors, tax department, & other regulatory bodies.
• Set demanding & realistic targets for process improvement & ensure changes to existing processes are carried out in a systematic & logical way. Team Leadership & Development:
• Lead, mentor, & develop the finance team, fostering a high-performance culture.
• Ensure proper staff training, performance evaluations, & succession planning within the finance department. EDUCATION AND EXPERIENCE:
• CA (SA) or ACMA CGMA; preferably worked across industries including financial services and/or fleet
• Experience in managing teams in a dynamic environment.
• Experience with governance, policies, & financial controls.
• Strong operational finance & people management experience
• Experience with business & financial systems.
• Good current-day knowledge of IFRS.
• Experience in a leadership role in a similar environment.
• Experience in the motor or financial services industry will be advantageous. KNOWLEDGE, SKILLS, & ATTRIBUTES REQUIRED:
• Critical thinking & inquisitive nature.
• An entrepreneurial spirit.
• Strong analytical ability to interpret financial information, attention to detail.
• Ability to multi-task, cope under pressure, & succeed in a high-performance culture.
• Strong focus on ensuring internal controls are in place to mitigate risk & ensure the safeguarding of business assets.
• Strong ability to adapt to change.
• Strong verbal & written communication.
• Strong MS Office skills
• Clear criminal and credit records.
• Own and live up to the Company values.
• Attend training initiatives to improve work quality and enhance own skills