Finance Manager – JHB at Seriti

Key Responsibilities:

Financial Management and Compliance:

• Lead and oversee all statutory financial accounting processes, policies, and procedures to ensure legal and regulatory compliance.
• Drive the governance and risk management framework to ensure sound corporate governance practices.
• Regularly review, strengthen and enforce the internal control environment, financial systems, and business processes for compliance, risk mitigation and efficiency.

Performance Management and Reporting:

• Provide accurate performance analysis and timely reporting to facilitate informed decision-making.
• Oversee the core business processes, including Business Plans and Strategy.
• Act as a central point for internal and external queries on reporting and oversee the preparation of management reports and presentations.
• Maintain a clear understanding of external factors affecting performance, such as competitor industry economics.

Statutory Reporting and Governance:

• Manage timely and accurate financial reporting, taxation, audit, and treasury functions.
• Lead the integrated risk management program and provide financial advice on capital and operational expenditure.
• Ensure adherence to corporate and financial governance standards, including the Companies Act, Income Tax Act, and King Commission standards (I, II, III).

Compliance and Corporate Risk Management

• Develop, implement, and maintain a compliance framework aligned with regulatory requirements and corporate governance best practices.
• Monitor compliance with local and international financial regulations, including but not limited to tax laws, financial reporting standards, and anti-bribery and anti-corruption legislation.
• Report on compliance risks and incidents to executive leadership and the Board, ensuring timely mitigation actions are in place.
• Collaborate with internal and external auditors, legal advisors, and regulatory bodies to ensure seamless audits and inspections.
• Ensure corporate risk registers are maintained, updated, and aligned with organisational strategy and objectives.
• Champion a culture of compliance and risk awareness across the organisation.

Business Modelling and Capital Projects:

• Manage the various capital project budgets
• Manage the IPP SPVs debt
• Provide input on investment evaluations and contribute to long-term financial planning and modelling.
• Analyse and advise on potential investments, re-financing, mergers, acquisitions, and capital expenditure projects to ensure alignment with the company’s objectives and risk management criteria.

Shared Services Coordination:

• Coordinate shared services reporting to deliver accurate and timely information for decision-making.
• Provide input on designing a business process improvement framework, ensuring stakeholder needs are met.

Strategic Capacity Building and Leadership:

• Lead, mentor, and develop the finance and support teams to enhance their performance, competencies, and capabilities.
• Foster a high performance culture through transformation, talent management, and succession planning.
• Build strategic capacity to achieve the department’s business plan and drive organisational success.

Financial Budgeting and Management:

• Prepare, monitor, and control Seriti Green Energy and the various IP SPV budgets to ensure efficient resource allocation and cost savings.
• Approve expenditures within authorisation limits and oversee capital expenditure.

Systems Optimisation:

• Manage the health and functionality of finance systems, including conducting improvement projects to enhance reporting capabilities.
• Ensure data integrity and security of financial systems in compliance with data protection regulations and best practices.

Stakeholder Relationships:

• Foster and maintain strategic relationships with critical banking partners, equity providers, suppliers, clients, and other external partners.
• Actively contribute to the strategic direction of the business as a key member of the executive team.

Role Requirements:

Qualifications:

• B Com Degree (Hons.) in Accounting (NQF Level 7) or an equivalent degree with training in Accounting and Financial Management.
• Registered Chartered Accountant (CA)SA preferred.
• Risk Management and Compliance certifications would be advantageous.
• Valid Driver’s License and Certificate of Fitness (COF).

Experience:

• Extensive senior-level experience in financial and technical management, including financial control, taxation, treasury, and insurance.
• Proven expertise in enterprise risk management, corporate governance, and regulatory compliance frameworks.
• Experience in managing multi-jurisdictional operations and compliance.
• Knowledge of the renewable energy sector.
• Demonstrated trust and honesty in handling finances and cash.