Key Purpose
Assist the Senior Finance Manager: Planning & Operations in the management of the finance operations function in Vitality. The Finance Manager: Operations is responsible for overseeing the day-to-day financial operations of the business, ensuring accuracy, compliance, efficiency, and strong internal controls. This role manages core finance processes including accounts payable, accounts receivable, cash flow, reporting, and financial systems, while supporting strategic decision-making through accurate financial data.
Key Outputs
Financial Operations Management
Oversee daily finance operations (accounts payable, accounts receivable, cashbook).
Required to study and understand all relevant partner arrangements, company and group receivables and payables processes and apply them to role as well as guide team accordingly
Required to invest time in understanding business product, processes and data relevant to perform function as well as guide team accordingly.
Ensure timely and accurate month-end and year-end close processes.
Monitor and report on cash flow and working capital management.
Review reconciliations (bank, debtors, creditors, GL accounts) and attest to the accuracy and completeness thereof.
Monthly monitoring of exception reports affecting various member and partner financial touch points and implementing controls.
Review and approval of partner payments.
Implementation of payment processes for new partners.
Reporting and analysis
Support budgeting and forecasting processes.
Support finance reporting processes.
Provide financial insights to department heads and leadership.
Controls and compliance
Implement and maintain strong internal financial controls.
Ensure compliance with tax, VAT, and statutory requirements.
Coordinate external audits and manage audit deliverables.
Ensure adherence to company financial policies and procedures.
Process improvement
Identify and implement process efficiencies within finance operations.
Drive automation and optimisation of financial systems.
Develop and document standard operating procedures (SOPs).
Team Leadership
Manage and develop finance operations staff.
Set performance objectives and conduct performance reviews.
Provide mentorship and skills development within the team.
Stakeholder Management
Required to form and maintain relationships with external as well as internal partners.
Liaise with treasury, auditors, tax authorities, and external service providers.
Support CFO/Senior Managers with strategic finance initiatives.
Competencies
Passionate about investing time to analyse, understand and report on information and processes
Excellent written and oral communication skills
High attention to detail and accuracy
Strong analytical ability
Strong leadership and team management skills.
Problem-solving and process improvement mindset
Ability to interact with and manage various internal and external parties on various levels
Ability to work in pressurised environment and meet deadlines
Ability to adapt to constant change
Good intuition and business acumen
Confident people person eager to create and maintain and build relations and manager stakeholders
A strong desire for professional development and a high learning potential
Upholds ethics and values & demonstrates integrity
Minimum requirements
Qualifications
Bachelor's degree in Accounting.
Professional qualification preferred (e.g. SAICA, CIMA, or similar).
Experience
1+ years in a supervisory or management role.
4+ years' experience in finance operations or accounting
Strong understanding of South African tax regulations
Technical skills
Advanced Excel skills.
Experience with ERP system (Sage)