Segment Finance Head needed at Rand Merchant Bank

Job Description

• The Segment Finance Head supports the Chief Financial Officer by in managing the financial operations of a business segment and by leading the finance department, by providing direction, financial expertise, and leadership to drive the business segment financial performance and ensure compliance with regulatory requirements and accounting standards.
• RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart. Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are you someone who can:

• Analyse department budgets, often manage the accounting function, ensure actions are legally compliant, monitor cash flow, and provide the financials for CFO review
• Collaborate with the finance team to develop and implement strategic financial plans that align with business objectives.
• Lead the budgeting and forecasting processes, provide strategic financial insights to support decision-making, and monitor financial performance against budgets and forecasts.
• Support senior management in delivering key initiatives and driving business growth.
• Ensure accurate and timely financial record-keeping, including administrator and retirement funds.
• Manage reconciliations between operational and accounting systems, as well as balance sheet reconciliations.
• Oversee year-end, interim, and month-end processes and reporting.
• Lead the external audit process and provide regular feedback to the executive team.
• Develop and maintain policies and procedures to ensure compliance and efficiency.
• Identify and mitigate financial risks through proactive strategies.
• Provide guidance on organizational budgeting and ensure expenditure remains within budget.
• Manage fund accounting and analysis, as well as general ledger and sub-ledger maintenance.
• Allocate resources and manage cash flows effectively.
• Collaborate with stakeholders to achieve business objectives and drive financial performance.
• Lead and manage a team of finance professionals to ensure the delivery of high-quality financial services.
• Develop and implement cost control measures to improve profitability, and collaborate with product and solutions and operations teams to monitor and control manufacturing costs.
• Ensure compliance with tax regulations and develop secure procedures for confidential information.
• Collaborate with stakeholders to achieve business objectives and drive financial performance.