Skip to main content

You will need to login before you can apply for a job.

Finance Manager

Employer
CBCX GROUP LTD
Location
Johannesburg, South Africa
Salary
R20k - R45k
Closing date
Dec 29, 2024
View more categoriesView less categories
Job Function
Foreign Currency
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Key Responsibilities:
  • Financial Planning and Budgeting:
    • Develop and manage annual budgets, forecasts, and financial plans.
    • Monitor and analyze financial performance, providing insights and recommendations to senior management.
  • Financial Reporting:
    • Prepare and present accurate and timely financial statements, reports, and disclosures in line with regulatory standards.
    • Manage month-end and year-end close processes, including P&L, balance sheet, and cash flow statements.
  • Risk Management & Compliance:
    • Ensure compliance with local and international financial regulations, including those specific to CFD trading.
    • Oversee internal controls, risk management frameworks, and audit processes.
    • Collaborate with the legal and compliance teams to meet regulatory reporting requirements (e.g., MiFID II, FCA, or equivalent jurisdiction).
  • Liquidity and Capital Management:
    • Monitor company liquidity, ensuring adequate capital is available to meet margin and leverage requirements.
    • Optimize the company's capital structure and manage financial risks associated with CFD trading.
  • Accounting & Taxation:
    • Ensure the accurate and timely filing of all financial, statutory, and regulatory returns, including tax obligations.
    • Liaise with external auditors, tax advisors, and regulatory authorities as necessary.
  • Treasury Management:
    • Oversee cash management, including monitoring daily transactions, fund transfers, and bank reconciliations.
    • Manage relationships with banks and financial institutions, ensuring efficient cash flow and currency risk management.
  • Operational Support:
    • Collaborate with the trading and operations teams to ensure accurate financial control over trades, margin calls, and other key operational activities.
    • Implement and maintain financial systems to streamline reporting and improve operational efficiency.

Key Qualifications:
  • Bachelor's degree in Finance, Accounting, Economics, or a related field (Master's degree or professional qualifications like CPA, CFA, or ACCA preferred).
  • 5+ years of experience in a senior finance role, ideally within a CFD or financial trading company.
  • Strong understanding of financial markets, especially margin trading, leverage, and CFD products.
  • Comprehensive knowledge of financial regulations and reporting requirements.
  • Experience with financial forecasting, budgeting, and risk management.
  • Proficiency in financial software and systems (e.g., Xero, SAP, Oracle, QuickBooks) and advanced Excel skills.
  • Strong analytical, problem-solving, and decision-making skills.
  • Excellent communication skills and ability to interact effectively with stakeholders at all levels.

Desired Attributes:
  • High level of integrity and professionalism.
  • Ability to work in a fast-paced and dynamic environment.
  • Strong organizational and multitasking abilities.
  • Keen attention to detail and accuracy.

You can learn more about us by visiting www.cbcx.com.

Sign in to create job alerts

Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.

Create alert