Applications are invited for the above-indicated vacancy within Rapid Innovation Group. The incumbent will report to the Financial Manager.

Job Purpose

This position will be based in the finance department supporting financial management function by managing and improving the overall value in all areas of the business. The role is also critical in the on time monthly reporting and overall consolidation of Rapid Innovation Group businesses.

 Key Responsibilities

Record Keeping or GL & Compliance

• Oversee management of General Ledger chat of accounts
• Oversee monthly reconciliation of General Ledger accounts
• Ensure all the journals, including accruals, are in SAGE on time
• Ensure compliance to accounting standards and other regulatory bodies in how transactions are accounted for
• Preparation of accurate financial reporting information as required by management and/ or statutory entities
• Prepare tax computations periodically as it becomes due and ensure that the tax returns are also prepared and submitted on time
• Prepare monthly VAT return and ensure this is submitted on time to avoid penalties
• Address internal and external audits to ensure compliance

 Budgeting and monthly reporting

• Monthly budget consultations with the budget holders/ Executive HoDs
• Ensure adherence by the departments to their budgets
• Ensure budget projections, expenses and revenue forecasts are updated quarterly
• Review budget variance reports and ensure that this has been substantiated
• Manage budget process by ensuring compliance to budget policy, flagging non-compliance to HoDs and ensuring the yearly progress is reported accordingly.
• Review the monthly cash flow forecasts and make sure that this is attainable given the cash projections
• Review the cost analysis reports and provide monthly departmental costs analysis to HoDs
• Prepare monthly management accounts for each company.
• Assist in the preparation of the Financial Statements
• Assist in the preparation of key risks indicators report for managing the overall group risks

 Staff Management

• Manage subordinate staff
• Assist in building the culture that is conducive for staff to work within
• Perform regular review of subordinate staff’s performance and give feedback accordingly
• Assist the Financial Manager in setting goals for staff within the department
• Identify staff development needs and train accordingly
• Identify training requirements for the staff within the department and ensure that adequate training is done by each staff member within the costs budgeted for

 Ad-hoc

• Provide support to the rest of the department and other departments
• Support group activities

 Qualifications and Experience

• Newly Qualified CA(SA) / CIMA
• 1 – 2 years post articles
• Media experience – advantageous

 Key knowledge Areas and Competencies

• Planning methods and techniques
• Business / Finance procedures
• Financial Analysis and interpretation of ratios
• Analytical
• Excellence communication skills
• Ability to work under pressure
• Be able to demonstrate good leadership skills
• Detail oriented