Finance Jobs in South Africa

Tshipi-Noto Funeral Home



Welcome to Tshipi-Noto, your number one service provider for Funeral Services and Funeral Insurance. We are dedicated to giving you the best service with emphasis on Professionalism, Quality Services, Dignity and Comfort in your time of grief. Tshipi-Noto Funeral Home was established in from humble beginnings in Delmas (Mpumalanga). Our Headquarters are now in Springs (Ekurhuleni, Gauteng).

Tshipi-Noto Financial Services Pty LTD (FSP 46767) was established in to ease the burden on your loved ones through our affordable and reliable comprehensive insurance covers. We are underwritten by Brightrock Life LTD (FSP 11643). Tshipi-Noto has grown to over 33 branches servicing over 60 000 clients with a 200 staff complement, and still growing.

Duties & Responsibilities

  • Developing strategic financial direction for the Tshipi-Noto group of companies, with key milestones and targets
  • Providing accurate financial reports and interpreting financial information
  • Ensuring compliance of all regulatory requirements from a Finance perspective
  • Supervising staff and coordinating financial activities
  • Monitoring and interpreting cash flows and predicting future trends
  • Developing financial management controls to minimize financial risk
  • Managing budgets, forecasts and net working capital projects
  • Liaise with external auditors and internal auditors
  • Reduction in Internal and External audit management report issues
  • Assisting the CEO with strategic forecasting for the business
  • Value of input into key financial decisions taken
  • Improvement on Cash Conversion Cycle (Working Capital Days)
  • Implement effective Processes and Procedures that drive efficiencies and productivity within Finance department

Strategic Direction 

  • Interpret the company’s financial results to management and recommend improvements
  • Review company bottlenecks and recommend changes to improve the overall level of company performance
  • Cash flow management and forecasting, including measuring the budgeted cash flow vs actual cash flow and ensuring excess cash is managed accordingly
  • Measurement and achievement of the prescribed EBITDA

Financial Reporting

  • Assist with the preparation of the Annual Integrated Report
  • Assist with the preparation of the Annual Impairment Tests
  • Assist with the preparation of the Annual Financial Statements
  • Cash flow consolidation and review
  • Intercompany reconciliations
  • Manage Budget and forecast processes
  • Consolidation of Divisional budgets (I/S, B/S, CF and Capex) and preparation of Budget packFinancial Analysis
  • Divisional monthly results review
  • Month end Divisional commentary for Exco submission
  • Divisional WC Review and Commentary
  • Preparation and Distribution of Divisional Reporting Packs
  • Review of internal tax packs
  • Review of Provisional tax computations
  • Review of Operating Company AFS
  • Compile key business metrics and report on them to management
  • Create additional analysis and reports as requested
  • Building and maintaining a forecast IS, BS and cash flow models
  • Commentary of Accounts Receivable and Payable DSO’s
  • Accounts Receivable and Payable Age Analysis review
  • Set and Review of Annual KPI’s for self and staff
  • Quarterly insurance review
  • Identify and react quickly to problems and develop appropriate internal controls to minimize financial risk
  • Conducting reviews and evaluations for cost-reduction opportunities
  • Prepare ad hoc analyses and reports as required
  • Attend to ad hoc queries as required
  • Relationship Management
  • Building and maintaining relationships with suppliers
  • Manage company audit processes with internal and external auditors

Desired Experience & Qualification

  • Previous FMCG experience
  • BCom Finance/Accounting
  • Minimum five years’ experience in Financial Management
  • Minimum of 5 years’ senior management experience
  • Excellent Excel Skills
  • Solid Understanding of IFRS reporting

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