South Africa

Financial Manager: Cigicell

Company Cigicell
Reference # B195
Published 13/01/2022
Contract Type Permanent
Salary Market Related
Location Sandton, Gauteng, South Africa
To provide a professional service to Cigicell (Pty) Ltd through ensuring even operations in the financial department through reconciliation of reports and presenting accurate financial statements to Management. Supports financial decision-making information by collecting, processing, analyzing, investigating, and reporting financial data.
Job Functions Finance
Industries Telecommunications
Approve Review of operating expenses in line with DOA
Implement cost saving mechanisms i.e. reduce calling, printing solution and behavior.
Review of expenses to identify any cost saving area.
Monthly business unit reporting is completed before deadline to enable identification of any discrepancies.
Tracking of BBBEE targets and planning of how to achieve these targets

Internal Controls
Design and Implement controls and procedures particularly on receivables, payables, fixed assets, payroll
Cooperate with the internal auditor to implement recommendations for improvement of financial management systems (not system related)
Continuous review of the relevant accounting systems to ensure more efficient and effective reporting.
Review of daily supplier payments to ensure all company approval policies and SARS requirements are adhered to. (Bank)
Effective Management of the operational finance department by establishing and maintaining financial mechanisms that reduces financial risk

Functional Delivery
Review of Business units to ensure revenue is complete and accurate and all related expenses correctly classified
Evaluating and calculating the capitalized intangible assets in line with IAS38 as well as the corresponding tax implications
Review and reporting of actual figures against budgeted and producing variance reports
Ensuring deadlines are met month end, year-end, audit requirements
Management of facilities and the processes and controls regarding existing and entering of new contracts
Reducing of operating cost where possible by seeking new and renegotiating existing contracts
Input and advice on risk for commercial agreements
Review of suppliers and debtors ageing to ensure trade taking place within limits
Effective Management of the operational finances

Work collaboratively
Build a culture of respect and understanding across the organisation
Recognise outcomes which resulted from effective collaboration between teams
Build co-operation and overcome barriers to information sharing, communication and collaboration across the organisation
Facilitate opportunities to engage and collaborate with external stakeholders to develop joint solutions

Set an example through personal quality and productivity standards and ways of working with others.
Demonstrate consistent application of internal procedures. Plan and prioritise, demonstrating abilities to manage competing demands.
Demonstrate abilities to anticipate and manage change. Demonstrate flexibility in balancing achievement of own objectives with abilities to understand and respond to organisational and team needs

Bachelor’s degree in finance or accounting, CA(SA) (SAICA) preferred

Minimum 5 years’ experience in similar role
Experience of general supervision of more junior colleagues (7 to 12 months)
Job Closing Date 19/01/2022
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Last Updated: 30-6-2021 []
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