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Finance Manager

Terra Firma Solutions

Terra Firma Solutions

Accounting & Finance
Western Cape, South Africa
Posted on Sunday, September 8, 2024

JOB TITLE: Financial Manager

MANAGER: Group Financial Manager

LOCATION: Cape Town

COMPANY OVERVIEW

We are a leading player in the renewable energy sector, as an EPC contractor and Independent Power Producer (IPP) enabling us to deliver innovative solutions to combat climate change. We are a focused solutions provider to Commercial and Industrial (C&I) customers, with projects spanning across Southern Africa and include roof top, carport, ground mount and wheeled solar projects. We also provide operations and maintenance, asset management, metering and monitoring services through our various divisions.

As we continue to expand our operations and our expertise in battery energy storage solutions (BESS) and maintain our status as the leading C&I IPP, we are seeking a dynamic and experienced Financial Manager to join our team.

QUALIFICATIONS AND EXPERIENCE REQUIRED

  • CA (SA) with minimum 4 years post article experience in industry;
  • Or BCom degree with completed SAICA / SAIPA articles & minimum 6 years post article experience and similar position

PREFERRED SKILLS

  • Analytical mindset and attention to detail
  • Delivering results & meeting deadlines
  • Experience in the financial management of the construction industry and/or renewables preferable
  • Experience with SAP Business One is preferable
  • Proficient with Excel at an Intermediate level or higher
  • Be able to handle volume, stress & deadlines (non-negotiable)
  • Strong communication & interpersonal skills
  • Strong people management skills
  • Self-starter, adaptable, energetic & confident

DUTIES AND RESPONSIBILITIES

  • Ensure quality control & integrity over all financial transactions, compliance and monthly financial reporting
  • Revenue recognition on various solar EPC project contracts according to IFRS15
  • Reviews of income statement and balance sheet items monthly up to management reports to make sure reports are accurate and complete
  • Submission of monthly and ad hoc group reporting requirements and submission of monthly information onto the Onestream consolidation system
  • Preparation of management reports (accurate and complete) within deadlines every month
  • Ensuring accurate and appropriate cost allocation at cost center and project level
  • Assessment and improvement of financial processes and systems
  • Timeous preparation of accurate margin analysis tools and reports
  • Facilitation of discussions with operations based on margin analysis tools and reports
  • Provision of decision-useful information to operations and management
  • Timeous preparation of accurate cash flows forecasts and monitoring of working capital cycle/needs
  • Improvement and maintenance of forecasting models and tools
  • Strategic input of financial results
  • Reconciliation of all balance sheet items (preparation / reviews) on a monthly and yearly basis
  • Review payments and reconciliations (VAT, EMP, wages, suppliers, adhoc payments etc.)
  • Staff management of the Finance Department
  • Control all month end processing & reconciliation procedures, checklists, and work calendars
  • Make sure all daily, weekly and monthly finance deadlines are met
  • Control all year end close procedures
  • Develop business processes and internal controls to maintain and strengthen internal controls
  • Preparation of audit files and facilitation of statutory audit
  • Preparation of foreign payment requests, hedging of currency exposures and forex accounting
  • Insurance related work and making sure company policies are up to date and adequately insured
  • Liaise with insurance brokers.
  • Liaise with banks, auditors, landlords
  • Responsible for cash flow management including forecasts.
  • All taxation calculations (income, provisional & deferred) and submissions to SARS, including responding and concluding SARS related audits
  • Ensuring stock take procedures are adhered to and analysing results of monthly stock takes
  • Annual budget preparations, as well as monthly forecasting for results
  • Streamlining / automating systems and procedures
  • Presentations for directors and shareholders meetings
  • Full back up for Group Financial Manager when not available
  • Any ad hoc duties and projects in finance department on daily / weekly / monthly / yearly basis