Head of Finance & Commercial Mgt - Asset Finance

Niche Bank seeks results orientated and strategic leader. Pivotal role in managing finance, accounting, reporting, forecasting and budgeting aspects for Asset Finance (Capital Equipment Finance - CEF). Oversee regulatory and tax functions. Provide sound input into the Strategy of the business.

Main Responsibilities:

• Understand the financial, regulatory and compliance requirements of CEF.
• Ensure accurate and complete financial records and Internal Financial controls.
• Manage internal and external audit processes.
• Consolidate business and Group reporting presentations of financial results to Manco, Business Banking and Group.
• Represent the business on all related governance forums.
• Work closely with Business Banking Finance Team, and Group Finance structures.
• Represent the business on other forums and committees.
• Support Head of Capital Equipment Finance and monitor cost of funding structure etc.
• Manage and consolidate budget and forecasting processes.
• Monitor key performance measures that support strategic direction.
• Oversee the tax affairs of the Asset Finance division (CEF).
• Participate in the implementation of strategic business plans.
• Plan and manage the year-end process with external auditors.
• Monitor capital and liquidity positions.
• Oversee preparation of the consolidated financial information for Asset Finance (CEF).
• Oversee and govern the General Ledger and Reporting Tools feeding the financial results
• Review and approve monthly management accounts.
• Calculate and review the monthly incentive calculations.
• Prepare statutory reporting and Annual Financial Statements
• Prepare group reporting.
• Prepare half-year and year-end results.
• Prepare the statutory financial statements and tax returns.
• Participate in key decisions pertaining to strategic initiatives, operating plans and execution
• Provide strategic guidance to Head of Asset Finance regarding corporate actions, potential acquisitions and transaction structuring.
• Monitor the liquidity and solvency of the business unit.
• Implement and evaluate internal controls.
• Other key duties to be discussed at interview stage.

Qualifications and Experience:

• Qualified CA.
• 10 to 15 years experience in Financial Mgt in Asset Finance

Should you be interested in the opportunity:

• Please submit your CV online. You will be directed to our database, Ditto.
• For any queries, please contact Bev at SET on 082 495 8595.
• No WhatsApp CVs can be accepted.