VirtualResource is hiring a
Finance Manager, Remote - South Africa

Summary

The job description is for a Finance Manager role at VirtualResource, a boutique consultancy that optimizes HR systems and Workday. The role involves overseeing the financial health of an organization, developing financial plans, conducting financial analysis, monitoring financial performance, ensuring compliance with global regulatory requirements, and leading the finance team.

Requirements

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field (must have)
• Professional certifications such as CPA (Certified Public Accountant), CMA (Certified Management Accountant), or CFA (Chartered Financial Analyst) are often preferred
• Several years of experience in finance, accounting, or a related field, with progressively increasing responsibilities
• Experience in financial planning and analysis, budgeting, and financial reporting is crucial
• Minimum of 5 years’ experience in a leading and developing a finance team

Responsibilities

• Develop and manage financial plans, forecasts, and budgets
• Conduct financial analysis to provide financial insights to support strategic decisions and identify areas for cost reduction or revenue enhancement
• Monitor financial performance and create reports on financial performance, trends, and forecasts
• Oversee the budgeting process, including coordination with various departments to prepare and consolidate budgets
• Monitor expenditures and financial performance against the budget to ensure adherence
• Prepare and present financial reports to senior management, including profit and loss statements, balance sheets, and cash flow statements
• Ensure compliance with global regulatory requirements and accounting standards
• Manage the company’s cash flow to ensure there are sufficient funds available for operational needs and investments
• Oversee accounts receivable and accounts payable to maintain liquidity
• Evaluate investment opportunities and make recommendations based on financial analysis
• Monitor and manage investment portfolios, ensuring they align with the company’s strategic goals
• Identify financial risks and implement strategies to mitigate them
• Develop and maintain internal controls and procedures to safeguard the company’s assets
• Lead and develop the finance team, including hiring, training, and performance management
• Work with senior management to develop and implement global financial strategies that support the company’s goals
• Coordinate with external auditors during the audit process
• Analyze cost structures and implement cost control measures
• Identify opportunities for efficiency improvements and cost savings

Preferred Qualifications

• Proficiency in financial software and tools (e.g., ERP systems, financial modelling software, spreadsheets)
• Strong understanding of accounting principles, financial regulations, and financial analysis techniques
• Ability to analyze complex financial data and make informed decisions
• Strong problem-solving skills and attention to detail
• Ability to align financial strategies with overall business goals and objectives
• Experience in strategic planning and execution