Duties & Responsibilities

1. Group Financial Reporting and Consolidation:

• Prepare consolidated monthly financial management reports and assist with preparing financial data for annual financial statements for the group.
• Review and validate financial submissions (VAT, Income Tax, EMP) from individual entities to ensure accuracy and consistency.
• Perform consolidation adjustments, including elimination of intercompany balances and transactions.
• Oversee intercompany transactions and ensuring monthly that the intercompany balances agree, investigate and clear all differences.
• Assist Financial Manager in daily cash flow for the group, using intercompany loans to ensure sufficient cash flow for each entity.
• Assist Financial Manager with group audit processes and liaise with external auditors at a consolidated level.
• Ensure group compliance with IFRS for SMEs and applicable reporting frameworks.

2. Group Financial Governance and Controls:

• Develop, implement, and monitor group-wide accounting policies and internal control frameworks as designed by management.
• Oversee compliance of subsidiary entities with group financial governance requirements.
• Oversee the payment of all creditors of the group.
• Review monthly journals prepared by the financial department.
• Review and approve key reconciliations submitted by entity finance teams.
• Identify control weaknesses and coordinate corrective action across the group.

3. Budgeting, Forecasting, and Group Analysis:

• Consolidate annual budgets and forecasts submitted by group entities.
• Prepare group-level variance analysis and performance reporting for executive review.
• Analyse group profitability trends, liquidity, and capital structures across entities.

4.Taxation, Compliance, and Statutory Oversight:

• Oversee group-level tax compliance.
• Monitor statutory deadlines across the group and ensure compliance by all entities.
• Review entity-level VAT monthly submissions.
• Prepare income tax, and deferred tax calculations.
• Maintain consolidated statutory records and ensure alignment with Companies Act requirements.

5. Systems, Processes, and Group Reporting Improvements:

• Drive standardisation of financial systems and reporting templates across the group.
• Participate in group-level system implementations or upgrades.
• Enhance reporting efficiency through automation and process optimisation.

6. Stakeholder Engagement:

• Collaborate with Financial Department, managers, and executives to ensure strong financial performance.
• Assist the Financial Manager in providing group-level reporting to investors, auditors, and regulatory bodies.
• Support Financial Manager with ad hoc consolidated reporting and analysis.

7. Core Values Alignment:

• Uphold and promote PHG’s core values of Integrity, Excellence and Growth in all professional activities.

Desired Experience & Qualification

Minimum Requirements:

• Education: Bachelor’s degree in accounting, or equivalent.
• Registered with a recognised Accounting body (SAICA, SAIPA etc).
• Minimum of 5 years of working with group accounting (with a group with more than 5 entities) together with advance accounting entries.

Additional Requirements:

• Experience in property development and/or management.
• Experience with property management systems, specifically MRI Property Central.
• Strong understanding of accounting principles and financial reporting, particularly relating to group accounting.
• Proficiency in Microsoft Excel.
• Familiarity with cloud-based technology platforms (e.g., OneDrive, SharePoint) for managing financial data and documents.

Package & Remuneration

R 45,000 – R55,000 per month CTC (depending on experience)