274 Financial Risk Manager jobs in South Africa

Results Delivery

• Provide strategic thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy.
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
• Provide relevant input into the formalisation for the divisional budget.
• Implement a robust risk management plan by identifying weaknesses in the current framework, research possible solutions, quantify impact of the solution and finally present to governance committees and JSE EXCO to mitigate risks.
• Measure performance by identifying and managing exposures to mitigate and minimise impact to the JSE and market participants.
• Measure, monitor and report on credit, liquidity, counterparty credit and market risks and to mitigate risks on a per risk basis.
• Develop performance measures of risk mitigation.
• Propose solutions by analysing risks using industry best practices, past experience and mathematical skills to develop a risk framework.
• Assess and efficiently implement regulatory standards and requirements regarding settlement assurance.
• Ensure systems, products or projects delivered contributes to improve client/JSE service by providing input on budgets, resources required and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders.

Stakeholder Relationship Management

• Build strategic JSE / Industry/ Global network of thought leaders and relationships utilising social media, attending conferences and training interventions.
• Manage stakeholder relationships by understanding new products, investigating risks and advising on best solutions to consistently meet client’s needs.
• Build and maintain networks across the JSE by gaining information on existing and new products and assessing the risks thereof.
• Provide risk monitoring tools such as dashboards, logs and escalate when necessary.

Process Performance Management

• Manage own delivery against set delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required.
• Deliver work consistently by identifying, monitoring, measuring managing, and reporting on Market, Credit, Counter Party credit, and Liquidity risk by measuring and analysing exposures, come up with potential future scenarios and quantify the impact those scenarios can have on the JSE, its clearing members and clients.
• Identify risks for stakeholders and the JSE by applying First - Principles and using thresholds and limits and historical information.
• Apply and entrench Risk Management Frameworks and regularly conduct independent evaluations against performance thereof and report back to the board by reporting exposures and the business’ performance against same.
• Compile and conduct risk evaluations using exposure reports to measure risks and identify new risks and escalate where appropriate.
• Analyse results of daily risk quantification by comparing performance of model market performance against regime, quantify risk mitigation to assess whether the new mitigations need to be implemented and if so, at what stage.
• Assess exposures and collateral placed against the exposure, reassess the exposure and calculate required collateral and report findings to the appropriate division.
• Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks.
• Prepare exposure and various other reports on a regular basis for team, risk committees and board if relevant to the clearing members.
• Participate in ad hoc projects by developing models and quantification procedures ensuring outputs meet business expectations.
• Conduct research to keep abreast of best industry practices and regulatory changes to ensure effectiveness of the company's risk frameworks.
• Conduct bank capital calculations and regulatory and economic capital quantification for the JSE to ensure the JSE stays solvent.
• Liaise with regulators to respond to regulatory queries, comment on draft regulations and reporting to regulators.
• Supply clients with information to help them understand capital requirements by applying methodologies and make information as intuitive and explanatory as possible.
• Assist with queries when clients enquire on a valuation model and develop models for new products to help understanding.
• Assess accuracy of valuation models on a regular basis by using methodologies and established processes and procedures.
• Develop various new risk methodologies, document risk methodologies and implement risk methodologies after approval.
• Assess new products by analysing the risk to JSE, conducting quantification on products, conducting and implementing risk mitigation methodologies, ensuring compliance with JSE.
• Provide input into the new products committee by making recommendations on whether to support new product to ensure compliance with JSE standards.

Self-Management

• Improve personal capability and professional growth relating to field of expertise, in line with JSE objectives by discussing development needs and proposed solutions with management.
• Keep abreast of changes in legislation or standards by conducting research and utilising networks.
• Upskill team and other professionals by sharing knowledge and research results.
• Epitomise living the JSE values, displaying professional conduct and adherence to required technical standards.

Transformation and Innovation Contribution

• Analyse, research, develop and implement improvement/innovative ideas and value adding solutions contributing to divisional and JSE results.

• Degree in Risk (Essential) Post-graduate (Honours/ Masters)
• Degree in Financial Quantitative field (Preferred)
• 5 years risk management experience in a trading, investments quantitate or market risk environment

Overview

The Financial Compliance Manager is a vital role responsible for providing complementary expertise, support, monitoring, and challenge in the management of risk within the organization. The primary objective is to ensure the development, implementation, and continuous improvement of robust risk management practices, including internal controls, at process, systems, and entity levels. The role involves overseeing and facilitating the achievement of various risk management objectives, such as compliance with laws, regulations, and ethical standards, internal control effectiveness, sustainability, and quality assurance.

• Risk Management Practices: The Financial Compliance Manager develops, implements, and continually improves risk management practices within the organization, working with cross-functional teams to identify risks, assess impact, and develop mitigation or control strategies. Practices should align with industry best practices and regulatory requirements.

• Internal Controls: The Manager ensures robust internal control systems across business processes and functions, assesses existing controls, identifies gaps, and implements enhancements to safeguard assets, data, and reputation.

• Compliance and Ethical Behavior: Monitor compliance with applicable laws, regulations, and ethical standards to ensure adherence to financial, legal, and ethical norms.

• Information and Technology Security: Collaborate with IT and information security teams to assess and enhance security measures.

• Testing and Reporting: Conduct testing and generate reports on the adequacy and effectiveness of risk management practices and internal controls, presenting findings to senior management and stakeholders for decision-making and improvement. This includes:

  • Control Testing: Design and implement testing plans, perform walkthroughs, sample testing, and substantive testing to identify control gaps and areas of non-compliance.

  • Compliance Testing: Verify adherence to laws, regulations, and ethical standards; ensure policies align with regulatory requirements and best practices.

  • IT Systems Testing: Test technology controls, data security, and access controls with IT/security teams to safeguard information and systems.

  • Audit and Assurance Support: Coordinate with internal and external auditors, providing documentation and support during audits.

  • Test Results Analysis: Analyze results to identify trends and improvement opportunities, and develop recommendations.

  • Remediation Management: Work with business units to address deficiencies and monitor action plans for timely remediation.

• Continuous Improvement: Drive a culture of continuous improvement in risk management and internal controls, staying updated with trends in financial compliance and risk management.

• Training and Awareness: Conduct training and awareness programs on compliance requirements, internal controls, and the role of employees in maintaining a compliant and risk-aware culture.

• Risk Management Expertise: Strong knowledge of risk management principles, practices, and methodologies, including identification, assessment, mitigation, and monitoring.

• Internal Controls: Proficiency in designing, implementing, and evaluating internal control systems to safeguard assets and ensure policy compliance.

• Analytical and Problem-Solving Skills: Ability to analyze complex data, identify patterns, and derive insights for decisions on compliance and risk challenges.

• Communication Skills: Excellent verbal and written communication to convey complex compliance issues to stakeholders, including senior management, auditors, and employees.

• Auditing and Reporting: Familiarity with auditing principles to conduct internal audits and generate reports on compliance and risk management effectiveness.

• Ethics and Integrity: Commitment to ethical behavior and integrity when handling sensitive financial and compliance matters.

• Collaboration and Leadership: Ability to work with cross-functional teams and lead discussions on risk topics and control improvements.

• Technology and Data Analysis: Proficiency with tools for data analysis, visualization, and risk monitoring.

• Business Acumen: Understanding of the organization’s operations, objectives, and industry dynamics to align compliance with strategic goals.

• Critical Thinking: Ability to think critically and strategically about risk scenarios and management strategies.

• Change Management: Skill in driving change and promoting a culture of compliance and risk awareness.

• Continuous Learning: Commitment to staying updated with industry trends, regulatory changes, and best practices.

• Negotiation and Influencing Skills: Ability to negotiate with stakeholders and influence adoption of risk management practices.

• Finance: Risk Management Expertise

• Internal Controls

• Analytical and Problem-Solving Skills

• Communication Skills

• Auditing and Reporting

• Ethics and Integrity

• Collaboration and Leadership

• Technology and Data Analysis

• Business Acumen

• Critical Thinking

• Change Management

• Continuous Learning

• Negotiation and Influencing Skills

• Compliance Champion: Oversee and manage compliance across all aspects of the business, including finance, HR, payroll, tax, and statutory requirements.
• Financial Stewardship: Ensure accurate and timely financial reporting, including managing accounts payable/receivable, bank reconciliations, and month-end close processes.
• Regulatory Expertise: Coordinate tax filings, audits, and ensure adherence to all relevant legal and regulatory standards.
• Contract Management: Review, draft, and manage contracts, ensuring they are legally sound and protect the company's interests.
• Policy Development: Maintain and update company policies to reflect changes in legislation and best practices.
• Company Secretarial Duties: Manage company records and filings, ensuring compliance with corporate governance requirements.
• Risk Management: Advise senior management on compliance-related risks and implement strategies to mitigate potential issues.
• Team Collaboration: Work closely with the property management team to ensure accurate tenant invoicing and efficient debtor collections.
• Software Proficiency: Utilise QuickBooks for data capturing, invoicing, and financial reporting.

• Proven Experience: A minimum of 5 years of experience in a finance or compliance management role within a small to mid-sized business.
• Compliance Expertise: Strong knowledge of regulations related to finance, HR, payroll, tax, and audit in the South African context.
• Financial Acumen: Solid understanding of accounting principles and financial management best practices.
• Attention to Detail: Meticulous attention to detail and a commitment to accuracy in all financial and compliance matters.
• Organisational Skills: Exceptional organizational and time management skills, with the ability to prioritise and manage multiple tasks effectively.
• Communication Skills: Excellent written and verbal communication skills, with the ability to clearly convey complex information to various stakeholders.
• Teamwork: A collaborative and proactive approach, with the ability to work both independently and as part of a small, dynamic team.
• Software Proficiency: Knowledge of accounting software (QuickBooks), HR systems, and other relevant tools.
• Property Finance Experience: Experience in property finance is highly advantageous.
• Education: A relevant finance degree is required.

• Meaningful Contribution: Be an integral part of a company that is shaping the future of sustainable urban development and conservation in Durbanville.
• Growth Potential: Contribute to the growth of a dynamic and forward-thinking company with ambitious goals.
• Collaborative Environment: Work within a supportive and close-knit team that values your contributions.
• Competitive Compensation: We offer a competitive salary and benefits package commensurate with experience.
• Work-Life Balance: Enjoy 24 days of annual leave to recharge and pursue your interests outside of work.

• Compliance Champion: Oversee and manage compliance across all aspects of the business, including finance, HR, payroll, tax, and statutory requirements.
• Financial Stewardship: Ensure accurate and timely financial reporting, including managing accounts payable/receivable, bank reconciliations, and month-end close processes.
• Regulatory Expertise: Coordinate tax filings, audits, and ensure adherence to all relevant legal and regulatory standards.
• Contract Management: Review, draft, and manage contracts, ensuring they are legally sound and protect the company's interests.
• Policy Development: Maintain and update company policies to reflect changes in legislation and best practices.
• Company Secretarial Duties: Manage company records and filings, ensuring compliance with corporate governance requirements.
• Risk Management: Advise senior management on compliance-related risks and implement strategies to mitigate potential issues.
• Team Collaboration: Work closely with the property management team to ensure accurate tenant invoicing and efficient debtor collections.
• Software Proficiency: Utilise QuickBooks for data capturing, invoicing, and financial reporting.

• Proven Experience: A minimum of 5 years of experience in a finance or compliance management role within a small to mid-sized business.
• Compliance Expertise: Strong knowledge of regulations related to finance, HR, payroll, tax, and audit in the South African context.
• Financial Acumen: Solid understanding of accounting principles and financial management best practices.
• Attention to Detail: Meticulous attention to detail and a commitment to accuracy in all financial and compliance matters.
• Organisational Skills: Exceptional organizational and time management skills, with the ability to prioritise and manage multiple tasks effectively.
• Communication Skills: Excellent written and verbal communication skills, with the ability to clearly convey complex information to various stakeholders.
• Teamwork: A collaborative and proactive approach, with the ability to work both independently and as part of a small, dynamic team.
• Software Proficiency: Knowledge of accounting software (QuickBooks), HR systems, and other relevant tools.
• Property Finance Experience: Experience in property finance is highly advantageous.
• Education: A relevant finance degree is required.

• Meaningful Contribution: Be an integral part of a company that is shaping the future of sustainable urban development and conservation in Durbanville.
• Growth Potential: Contribute to the growth of a dynamic and forward-thinking company with ambitious goals.
• Collaborative Environment: Work within a supportive and close-knit team that values your contributions.
• Competitive Compensation: We offer a competitive salary and benefits package commensurate with experience.
• Work-Life Balance: Enjoy 24 days of annual leave to recharge and pursue your interests outside of work.

Description

Bluespec is looking for a Group Financial Manager with experience specifically in the Risk space as they will be taking care of the Risk Management Portfolio.

This is a high paced environment with many exciting challenges, come and join the biggest Automotive Company in Gauteng

Job Purpose

In this role, you will be building relationships with key stakeholders, work closely with operations to secure alignment on account planning activities.
The Finance Manager is responsible for all aspects of financial management, ensuring compliance with internal policies and procedures. This role builds the capacity of the Company’s finance team. S/he oversees the day to day work of the finance department and is responsible for the effective use and deployment of staff and financial resources.

Job Functions

All financial reporting, policies and procedures, while driving reporting excellence

Risk Management portfolio

Forensics

Internal Auditing

Provision of support to functional leaders with respect to financial reporting
Development and continued integration of financial systems
Project budgeting, forecasting and cash flow forecasting
Business analysis including monitoring
Team leadership and training of local staff

Key Responsibilities include: Management of the Finance & Administration Department:

a. Lead and manages the finance team ensuring all areas are functioning effectively (including taxation, cost management, accounting, payroll and reporting).
b. Oversee administrative functions
c. Oversee all vendor contracts including sourcing, negotiation and ensuring appropriate agreements, execution and service levels
d. Ensure that all activities are done according to budget and forecasts.

e. Plan, organise and control the high level activities related to the department.

f. Develop and maintain progression and succession plans for the department as per company and HR guidelines; this includes the development, implementation and maintenance of a department skills matrix among other requirements

Cost.

a. Monitor operating budget performance and actively participates in the monthly review process.

b. Accountable for the preparation of the budget and on delivery (costs and time)

c. Negotiate and manage third party service providers in order to reduce costs

Planning

a. Plan work according to business requirements and guides all activities accordingly

b. Manage the annual site planning and administrative process

People & Team Management

a. Develop and encourage a team approach with shared objectives

b. Review and communicate individual and team performances in daily, weekly, monthly team meetings.

c. Create and maintain strong relationship with all internal and external stakeholders

d. Active involvement in employee development by mentoring, training and coaching employees of the departments to enhance overall team skills development

e. Develop and monitor the progress of employee development and progress plans.

f. Ensure all key people program requirements are met including timely performance management reporting, core training and development programs, etc.

g. Ensure the Finance and Administration Team is executing in their roles and responsibilities to an expected industry standard Policy.

Procedure and Process Development

a. In consultation with corporate management, review relevant policy and procedures.

b. Communicate with corporate staff to ensure effective alignment and collaboration on key initiatives

Innovation and Improvement

a. Actively participate in the continual review of company procedures and make recommendations as required

b. In collaboration with the Business Performance Manager, identify and address business process opportunities in all areas to further improve effective and efficient operation

c. Identifies, investigates and implements improvements to all commercial operations in order that security management capability that will satisfy External audit controls compliance

EXPERIENCE AND QUALIFICATIONS REQUIRED:

BCom Accounting degree – non-negotiable

Advanced excel ability is vital – non-negotiable

CIMA qualification would be beneficial

Minimum 10 - 12 years' relevant experience post articles

Motor industry experience would be beneficial, however manufacturing and construction industry would be considered

Insurance background would be advantageous

Experience mentoring, coaching and building and leading teams with people at all level

Demonstrated experience designing and developing financial, cost and performance management reports

Experience developing and improving business processes

Strong communication skills in English

A fast-paced Specialist in End-to-end IT Management and Consultative IT Services seeks a highly analytical Financial and Compliance Manager with strong experience implementing new systems. Applicants must be CA(SA) qualified or have a similar tertiary qualification with 3 years in a Finance & Reporting role and 2 years in a Managerial position. You must be proficient with Sage Intacct, Click-up, Scubed HR & Payroll system, Excel, PowerPoint, MS Teams and SharePoint. Any experience with Finnivo will prove beneficial.

Responsibilities:

• Managing the financial team and assisting the Financial Director
• Preparation of monthly accounts and reports for Exco and Group
• SARS return review and submissions
• Assist Financial Director with forecasting, budgeting, month-end reporting process and any other ad-hoc requests in line with business requirements
• Responsible for year-end statutory audit
• Assist with year-end B-BBEE audit
• Manage and maintain the ISO compliance process for ISO27001, ISO2000 and ISO9001
• Responsible for risk management and legal compliance
• Reviewing Payroll
• Maintain effective internal and financial controls to safeguard company assets and ensure the integrity of financial data.
• Management of all financial software.
• Manage the company's cash flow and ensure that funds are correctly allocated and invested
• Collaborate with other departments to ensure that financial goals are aligned with overall business objectives
• Develop and implement financial strategies that support growth and profitability
• Ensure that the company's financial records are accurate and up-to-date and that all financial transactions are correctly recorded and documented
• Responsible for financial administration and ad hoc projects

Requirements:

Qualifications:

• CA(SA) or similar qualification.

Experience/Skills:

• Minimum 3 years’ experience in a Finance and Reporting role.
• Minimum 2 years’ experience in a management role.
• Knowledge of Sage Intacct, Click-up, Scubed HR & Payroll system, Finnivo will be an advantage.
• Experience in implementing new systems.

Attributes:

• Communication skills (Written and spoken)
• Time management including the ability to meet deadlines
• Team player (ability to balance team and individual responsibilities)
• Methodical and structured
• Highly flexible (adaptable) and self-managed
• Reliable, loyal, trustworthy, and honest
• Analytical skills and attention to detail
• Be innovative

While we would really like to respond to every application, should you not be contacted for this position within 10 working days please consider your application unsuccessful.

Negotiable

Sintrex is passionate about the innovative pursuit of excellence in providing end-to-end IT management and consultative IT services that create reliable, robust, and user-friendly solutions. Through a culture of excellence, partnership, and fun, Sintrex attracts and empowers staff with an inspirational work experience, world class software, and globally renowned suppliers and partners to deliver services and solutions to their clients, helping to secure and enhance their IT reputations.

The successful candidate will manage a team in a highly pressured environment. We encourage our team members to take ownership of their responsibilities. Candidates who do not thrive under pressure and who are not inherently dedicated to being the best they can be through a self-learning attitude do not enjoy our environment.

1. Managing the financial team and assisting the Financial Director
2. Preparation of monthly accounts and reports for Exco and Group
3. SARS return review and submissions
4. Assist Financial Director with forecasting, budgeting, month-end reporting process and any other ad-hoc requests in line with business requirements
5. Responsible for year-end statutory audit
6. Assist with year-end B-BBEE audit
7. Manage and maintain the ISO compliance process for ISO27001, ISO2000 and ISO9001
8. Responsible for risk management and legal compliance
9. Maintain effective internal and financial controls to safeguard company assets and ensure the integrity of financial data.
10. Management of all financial software.
11. Manage the company's cash flow and ensure that funds are correctly allocated and invested
12. Collaborate with other departments to ensure that financial goals are aligned with overall business objectives
13. Develop and implement financial strategies that support growth and profitability
14. Ensure that the company's financial records are accurate and up-to-date and that all financial transactions are correctly recorded and documented
15. Responsible for financial administration and ad hoc projects

1. Minimum 3 years’ experience in a finance and reporting role
2. Minimum 2 years’ experience in a management role
3. Knowledge of Sage Intacct, Click-up, Scubed HR & Payroll system, Finnivo will be an advantage.
4. Experience in implementing new systems

Overview

Specialist, Risk Assessment, Group Financial Crime Compliance

Business Segment: Group Functions

Location: ZA, GP, Johannesburg, Baker Street 30

To contribute to the development and maintenance of the Risk Based Approach through the Client Risk- & Business Risk Assessment frameworks and methodologies, pertaining to all client relationships, products & services offered anywhere in the Group across all jurisdictions. Exercise oversight & provide advice on the implementation of the frameworks & methodologies to ensure that business is undertaken in a risk appropriate and compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation.

• Degree in Risk Management, Business Commerce, Legal, Audit or Information Science
• 3-4 years - The role requires an expert in Compliance with profound knowledge of the full dimensions of the field, but deep expertise in the relevant area of specialisation. Regulatory environment savvy, with the proven ability to influence all levels of employees across multiple countries and business areas to effectively implement compliance frameworks.
• 5-7 years - AML/CFT frameworks across different jurisdictions. Strategic planning and operationalisation. Risk assessment and risk based approach to compliance. Policies, procedures, guidance and advisory. Technology software i.e. MS Excel, Power BI, SAS, etc.
• 3-4 years strong data analytics/data understanding experience.
• 3-4 years research development is essential.