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Finance Manager Line Job Vacancy at FlySafair

Full Time

Website FlySafair

FlySafair is a South African low-cost airline based in Johannesburg. It is known for its affordable domestic and regional flights and for consistently being a top performer in on-time arrivals.

FlySafair is a South African low-cost airline based in Johannesburg. It is known for its affordable domestic and regional flights and for consistently being a top performer in on-time arrivals. FlySafair serves numerous destinations across Southern Africa, including major South African cities like Johannesburg (O.R. Tambo and Lanseria), Cape Town, Durban, and Port Elizabeth.

Description

  • Prepare annual budgets, forecasts and cashflows, and monthly ad hoc costing exercise as required.
  • Manage the full creditors process, accruals, and overhead expenditure control.
  • Prepare audit related schedules required.
  • Drive process automation and efficiency improvements within the creditors function, including invoice processing and approval workflows.
  • Ensure a robust cost control environment, working capital discipline and accurate accruals.
  • Provide leadership by acting as a resource, coach, and mentor, while setting clear team goals aligned with business objectives.
  • Drive accountability and high performance by monitoring outputs, enforcing deadlines, and supporting continuous adherence to finance policies.
  • Lead by example to foster a collaborative, disciplined and results-oriented work environment that recognises and rewards success.
  • Support team members in overcoming barriers to productivity and goal achievement.
  • Handle sensitive and confidential matters with professionalism, discretion, and sound judgment.
  • Manage the team responsible for creditors processing, accruals, and overhead allocations.
  • Produce accurate monthly and quarterly financial reports, ensuring reconciliations are complete and aligned with IFRS and company policies.
  • Report on creditor balances, accruals, overhead expenditure and cost control.
  • Manage the relationship between auditors and the Finance Department, ensuring all audit queries are resolved efficiently and accurately.
  • Review and approve audit schedules, maintaining completeness, accuracy, and full compliance with IFRS and company policies.
  • Assist the Senior Manager: Finance in the annual audit process by coordinating information and deliverables from team members and other departments.
  • Engage with internal stakeholders to ensure timely invoice approvals, accurate cost allocations, and compliance with procurement processes.
  • Build relationships with suppliers to resolve disputes and maintain strong payment discipline.
  • Support negotiations or reviews of financial terms by providing accurate data, reconciliations, and variance explanations.
  • Ensure the accuracy of accounting records and alignment with IFRS requirements.
  • Drive adherence to finance policies and procedures across departments, escalating instances of non-compliance to the Senior Manager: Finance.
  • Maintain compliance with all relevant legislation and regulatory requirements.
  • Apply a thorough understanding of contractual agreements and regulatory charges to ensure precise billing, accruals, and allocations.

Requirements

  • Grade 12 or Equivalent (Essential);
  • BCom degree in Finance or Accounting (Essential);
  • BCom Honours in Finance or Accounting OR 6 years Aviation experience (Essential);
  • Professional certification such as SAIPA, SAICA or relevant (Essential);
  • Chartered Accountant CA (SA) (Advantageous);
  • 10 years’ Finance experience in a mid-sized organisation, of which, 3 years’ must have been in a management role (Essential);
  • Must have completed articles (Essential);
  • Experience in budget preparation and reporting (Essential);
  • Experience in the preparing and finalising accounts in accordance with current South African regulations (Essential);
  • Exposure to working across multiple systems and ensuring reconciliations between finance and operational systems (Essential);
  • Experience in an accounting software package (Advantageous);
  • Strong financial acumen;
  • Knowledge of automated Financial and Accounting reporting systems;
  • Knowledge of financial regulations;
  • Relevant theoretical knowledge, accounting principles and practices.

Personal Attributes:

  • Professional;
  • High integrity;
  • High degree of patience and assertiveness;
  • Must have a passion for costing/accounting;
  • Initiative-taking;
  • Ethical, tactful, dependable and accountable;
  • Process- and results-driven;
  • Self-motivated;
  • Reliable and committed;
  • Dependable and flexible.

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