Finance Manager (Expenses)

Main purpose / objective of the position:

To ensure that finance is seen as a value adding business partner by improving the
impact, and understanding, of financial reporting on business performance. Providing
analysis and insights that link to business strategies. Maintaining commercial acumen to
ensure that key operational, commercial and financial targets are delivered. Building
partnerships and maintaining strong relationships with all senior managers both within
CBRE Excellerate and within the client organisation.

Operational Deliverables:

• Proactive management and delivery of accounting services to the client including the full suite of services for expense accounting and payment of creditors.
• Oversee client finance account reporting in line with the agreed reporting pack.
• Analyse and interpret expenses for variances.
• Act as key contact for the client for expense accounting.
• Collaboration with the corporate accounting, property and utilities teams – where required – as well as lease and transaction management to deliver a seamless and cohesive client approach.
• Managing and advising on ad hoc client finance projects
• Active involvement in, including both leadership and support of projects and initiatives to drive improvement in team performance, efficiency, and productivity.

Expense/Payables Management:

• Reporting of results to client, management of expenses, balance sheet control including maintenance of GL account, handling of queries relating to financial reporting, maintenance of recurring expenses and payments, management of cash flow
• Analyse and interpret expenses for variances
• Preparation of expense files for submission to client

Budgeting & Forecasting:

• Compilation of expense budget, budget management, handling of
• queries, analysis and evaluation of deviations

Funding and payments:

• Ensure monthly funding files are compiled, reviewed, and sent for approval.
• Handle payments and queries on creditor accounts together with Payables team

Payables/Creditors Management:

• Pro-active management of creditor accounts and management of cash flow
• Monitor creditor accounts for non-payments, delayed payments, and other irregularities
• Interact with leasing team and creditors (to resolve payment discrepancies)
• Communicate, investigate and resolve queries via phone, email and/or meetings to be initiated
• Liaise with stakeholders regarding data and required information on key accounts
• Strengthen and grow relationships with creditors and staff by communicating regularly regarding account information including payments, alignment and account updates

Audit:

• Handling of queries on audit report, preparation of audit packs.
• Assistance with preparation of budgets, forecast as well as variance
• analysis and reporting on monthly and quarterly results

People management:

• Support and mentoring of operational resources

Business partnering:

• Query management and resolution, collaboration within team to improve process efficiency and reduce risk Stakeholder Management
• Support the account leadership in complaints investigation and liaise with function heads and audit and compliance to resolve complaints or disputes.
• Where appropriate for any finance failures or complaints, identify remedies and implement approved recommendations of investigations, leading to change management as necessary

Experience / Education:

• Minimum BCom (Accounting) degree. Other academic qualifications will be advantageous (SAIPA, CIMA, CA(SA) etc)
• At least 5 years relevant experience in Financial Management
• Staff management experience
• Knowledge of South Africa’s property industry, property markets and general administration/Accounting/Finance acumen

Skills required:

• Computer literacy: SAP; MS Office – Excel Advanced, Outlook and Word.
• Administration Skills Time Management
• Advanced Financial Calculations Advanced Financial Reporting
• Business planning

Knowledge required:

• Detailed knowledge of all financial policies, procedures, and processes
• Capital expenditure Contract Management (leases and suppliers)
• Legal aspects IS, BS, Budgets, etc.
• GAAP Tax