Overview
Manager – Internal Finance Jobs in Cape Town, South Africa at The Catalyst Group
Core Details and Responsibilities
The Finance Manager – Internal Finance is responsible for overseeing the financial management, reporting, and accounting functions within The Catalyst Group’s internal finance department. This role involves maintaining accurate financial records for global entities across South Africa, the Cayman Islands, Brazil, Canada, and the USA. The Finance Manager will support the Chief Finance Officer with recording accounting transactions, reporting, cash management, and compliance-related functions, ensuring consistent and timely financial operations.
From a high-level perspective, the core responsibilities that form your role are broken down into the following 9 categories:
People Management Responsibilities.
Financial Reporting
Financial Accounting
Taxation and Compliance
Cash Management and Banking Operations
Payroll and Expense Management
Payables Management and
Receivables Management
Systems and Technology
Risk and Compliance Responsibilities
Your Daily Tasks
1.People Management Responsibilities
Includes (but not limited to) the following tasks:
Day-to-day Team management – Managing the team on a day-to-day basis by implementing:
Weekly task management
Weekly team meetings
Ad hoc needs
Team Satisfaction – Monitoring the team’s capacity and ensuring high-level satisfaction and work-life balance.
Feedback and Coaching – Providing feedback and coaching to the team members with the aim of constantly improving their performance.
Team Training – Coordinating and providing training and development programs within the technology and product teams as or when required.
2.Financial Reporting
Includes (but not limited to) the following tasks:
Assist in preparing and presenting comprehensive financial reports and management statements on a monthly, quarterly, and annual basis.
Setting up a group consolidation model.
Ensure accurate and timely completion of annual financial statements as required.
3.Financial Accounting
Includes (but not limited to) the following tasks:
Capture and maintain financial transactions using the designated electronic accounting system (e.g., Business Central) as well as other relevant systems.
Intercompany Transaction Booking:
Manage and record intercompany transactions, ensuring accurate reconciliation and reporting.
4.Taxation and Compliance
Includes (but are not limited to) the following tasks:
Perform and oversee accurate and timely provisional tax calculations for all relevant jurisdictions.
Ensure compliance with local and international tax regulations, including VAT submissions and reconciliations, in collaboration with external tax advisors.
Maintain compliance with regulatory and statutory requirements for the group’s financial operations.
Liaise with internal and external auditors and prepare all necessary documentation and schedules to support audit processes.
Filing or assisting in obtaining relevant information for submissions of statutory obligations (example CIPC, STATSSA, ANA).
5.Cash Management and Banking Operations
Includes (but are not limited to) the following tasks:
Perform daily cash reporting and reconcile bank statements, managing cash movements within the group and across international entities.
Load and authorize monthly and ad hoc payments, adhering to corporate governance and internal control standards.
6.Payroll and Expense Management
Includes (but are not limited to) the following tasks:
Manage the preparation, review, and processing of monthly payrolls in collaboration with outsourced HR firms, ensuring compliance with labor laws and company policies.
Record and post payroll journals and payments accurately, liaising with HR as needed to resolve payroll discrepancies.
Review staff expense claims for compliance with company policies and process reimbursements efficiently.
Ensure accurate recording of employee costs and related expenses within the financial statements.
7.Payables Management
Includes (but are not limited to) the following tasks:
Oversee weekly payables reporting, monitoring and outstanding balances.
Support the operations team with the generation, booking, and receipting of invoices, ensuring timely payments.
Managing the Finance Mailbox:
Respond…
Title: Manager – Internal Finance
Company: The Catalyst Group
Location: Cape Town, South Africa
Category: