Group Finance Manager Full-time Job

Company Background:

Devmark Developments is an award-winning property developer specializing in retirement, residential, and commercial developments across South Africa.

Job Summary:

Devmark Property Group is seeking a dynamic and experienced Group Financial Manager to lead the financial operations of the company. The ideal candidate will oversee financial planning, reporting, and strategic financial management while ensuring financial integrity, growth, and compliance. Reporting directly to the CEO, the role will be based in Cape Town.

Key Responsibilities:

• Financial Management:Oversee group cash flow, tax compliance, budgeting, and forecasts. Manage monthly journals, reconciliations, debtors, creditors, and payment processing.

• Financial Reporting & Analysis:Prepare accurate financial statements in compliance with South African accounting standards, including IFRS.

• Budgeting & Forecasting:Lead the budgeting process and monitor performance against forecasts, providing insights to senior management.

• Cash Flow & Treasury Management:Ensure optimal cash flow and manage funding, liquidity, and forecasting.

• Project Financing & Analysis:Assess risks and returns for property development projects, assisting with investment decisions and securing financing.

• Tax Compliance & Audit:Oversee tax planning, ensure compliance with South African tax law, and coordinate audits to meet regulatory standards.

• Team Leadership:Lead and mentor a team of financial professionals, promoting development and efficiency.

• Stakeholder Reporting & Risk Management:Prepare financial reports for the CEO and Board, and assess financial risks, recommending actions to mitigate exposure.

Qualifications & Experience:

• CA(SA) / CIMA qualification

• Minimum 3 years of managerial experience, preferably in property development or real estate

• Strong understanding of property development financials, project financing, and revenue forecasting

• Proficient in MS Excel and ERP systems

• Experience with property development financial systems is an advantage

Key Requirements:

• Bachelor’s degree in Accounting, Finance, or related field (CPA, CFA, or equivalent preferred)

• Knowledge of South African accounting principles and financial regulations

• Advanced analytical skills and leadership abilities

• Excellent communication skills, with the ability to present financial information to non-financial stakeholders

• High integrity, attention to detail, and professionalism

Preferred Skills:

• Experience with financial modeling for property development

• Familiarity with IFRS and South African tax regulations

• Understanding of the South African real estate market

The Devmark Property Group has, over the past 30 years, successfully carved its name as an industry leader.
Already rated in 1998 amongst the Top 300 companies in the Western Cape, our vision for creating developments of lasting value and appeal, is supported by our insistence on quality and the holistic integration of interrelated sectors.
The Group incorporates Devmark Commercial, Devmark Property Administration, Devmark Developments, Devmark Construction and Devmark Sales & Marketing. In all divisions, we pride ourselves on our exceptional service and expertise