Head Of Finance

Job Opportunity – Head of Finance Role in Leading Global Pharmaceutical Company

Reference: CPT000351-CH-2

A prominent global pharmaceutical organization is currently seeking a qualified individual to assume the position of Head of Finance. In this pivotal role, the incumbent will be responsible for overseeing the entirety of the company’s financial operations, encompassing financial planning, budgeting, accounting, financial reporting, risk management, and compliance. The Head of Finance will also play a key role in providing strategic financial counsel to the Country Manager and other members of the senior management team.

Key Duties & Responsibilities:

Duties:

  1. Develop and execute the company’s financial strategy.
  2. Supervise the preparation of financial statements and reports.
  3. Manage the company’s budget and cash flow.
  4. Oversee Compensation, Reward & Benefits for all employees.
  5. Ensure compliance with all relevant financial regulations.
  6. Provide financial guidance to the Country Manager and senior management.
  7. Manage the company’s risk management program.
  8. Supervise accounting, auditing, and IT functions.
  9. Lead and develop the finance team.
  10. Take charge of financial due diligence/deal integration for M&A/Business Development initiatives.

Relationships:

  • Report to the Country Manager and the Group CFO.
  • Manage 4 direct reports: Financial Accountants, Creditor, Bookkeeper.
  • Engage with various stakeholders, including Corporate, Auditors, Banking Institutions, South African Revenue Services, and Insurance.

Responsibilities:

  • Review reconciliations performed by Creditors Clerks and occasionally process recons and payments.
  • Reconcile and review credit card expenses monthly.
  • Perform monthly bank reconciliation for current and call accounts, load payments, and complete statutory documents.
  • Prepare weekly cash flow reports and forecast spending on opex in the coming weeks.
  • Manage the Fixed Asset Register and account for additions and disposals of assets.
  • Ensure timely collections from debtors and handle state collections and queries.
  • Record transactions accurately in the General Ledger and reconcile UPD data to SAP system data.
  • Reconcile sales figures and prepare monthly RSA Sales Worksheet.
  • Conduct month-end reconciliation of relevant balance sheet accounts, journals, and accruals.
  • Assist auditors with relevant sections (Suppliers, Fixed Assets, Banking, Debtors).
  • Assist Group Financial heads and Regional Financial Analysts with various requirements on an ad-hoc basis.
  • Manage Creditors clerks to ensure accurate reconciliation and timely payments to suppliers.
  • Complete and submit monthly VAT 201 return and follow up on SARS-related queries.

Qualifications:

  • Bachelor’s degree in accounting or finance.
  • Chartered Accountant (CA) or equivalent qualification.
  • At least 10 years of experience in a senior financial management role.
  • Strong financial analysis and reporting skills.
  • Experience with financial planning, budgeting, risk management, and compliance.
  • Excellent leadership and communication skills.
  • Advanced Microsoft Excel skills.
  • Integrated ERP system experience (Hyperion, Syspro, SAP).
  • Team-oriented with well-developed written and oral communication skills.
  • Attention to detail, ability to meet deadlines, and strong analytical and problem-solving skills.

Qualified candidates meeting the criteria are invited to submit their applications through the provided portal or the vacancy link on www.mnarecruitment.com. If no feedback is received within 7 days, kindly consider the application as unsuccessful.

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