About the Company
If you are looking for a new challenge in the Fintech industry, then this might be the perfect role for you. LifeCheq is a fast growing personal finance startup operating around the country. Our mission is to make high quality financial advice accessible to all South Africans.
The company has grown significantly over the past 5 years and is looking for an experienced candidate to head up the finance and risk functions.
Overview of the role
As part of the LifeCheq Team, you will be responsible for the management/coaching of the finance team and risk function in the business and will report to the CEO. The role comprises both operational and strategic finance components. The current focus of the role is on the operational aspects.
There are resources in the company that will help you build and automate processes, but being successful in this role will also require you to be able to develop, prototype and drive your own processes.
Finance & Accounting
Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met
Build and manage the treasury function in the business. This includes the financial can cash flow forecasting as well as the investments of surplus assets.
Responsible for all financial reporting. Ensure that there are robust processes in place to produce the correct metrics on a monthly and a weekly basis to all stakeholders including management, the board and shareholders.
Overall responsibility for expense management across the company
Manage the debtors and creditors book
Responsible for tax, VAT and financial account submissions to SARS and CIPC
Supervise the creation of the the monthly accounts, reconciliations and other statements
Ensure the compliance function operates efficiently in the business
Manage the relationship with the external compliance officer
Manage the annual compliance audit
Ensure all parts of the business are adequately insured
Produce the annual risk management plan and execute on the initiatives therein
Manage the staff in the finance team and ensure that they are coached and mentored
Work with the business unit heads to ensure budgets are met
Work with the company secretary to ensure all regulatory requirements are met
Responsible for the company audit
Manage the preparation of the annual company budget with the executive team
Drive and manage key projects across the company that touch on legal, tax and accounting implications
Maintain an up to date, accurate and easily consumable view of the company’s current and projected financial position for the board and the executive team
Build and analyse the business case for new services that the business plans to launch
Work with the executive team to maintain the medium term business plan
Develop and implement accounting policies as the business grows
Excellent interpersonal skills and ability to manage relationships with multiple stakeholders
Able to build, test and prototype processes without requiring a software development resource
Analysis, presentation and communication. Able to analyse company metrics, produce reports and make recommendations to the board and upper management
Extremely high attention to detail
Comfortable with technology and online services such as Zapier, Trello and GoogleSheets
Able to manage, supervise and lead employees
Ability to identify opportunities to improve business performance
Qualifications and Experience Required
Qualified chartered accountant
7+ years of experience as a financial manager and responsible for a finance team (or similar)
5+ years experience in financial services
3 years experience managing staff
A track record for designing and implementing new finance controls or processes
Proficient in Word and Excel / Google sheets
Familiar with Xero
Sound knowledge of IFRS, tax and the Companies Act.
Advantageous, but not required
RE5 and or RE1
Proficiency in automation tools like Trello and Zapier