Ascendis Health is a market leader in health and care products, owning some of the most recognised brands in South Africa. Our innovative portfolio of products is spread across diverse revenue streams and markets, allowing for organic and strategic growth across each of our three product divisions. These are: Ascendis Consumer Brands, Ascendis Pharma-Med and…
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Finance Manager

  • Job TypeFull Time
  • QualificationMatric
  • Experience8 – 10 years
  • LocationNot specified
  • Job FieldFinance / Accounting / Audit 

Job Purpose

  • Developing strategic financial direction for Respiratory Care Africa with key milestones and targets
  • Providing accurate financial reports and interpreting financial information
  • Ensure 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 minimise financial risks
  • 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 MD with Strategic forecasting for the business unit
  • 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
  • Measurement and achievement of the prescribed EBITDA

Key Job Outputs

  • Interpret the company’s financial results to management and recommend improvements
  • Review company bottlenecks and recommend changes to improve the overall level of company throughput
  • 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 Business Combination/PPA Process
  • Assist with the preparation of the Annual Financial Statements
  • Cash flow Consolidation and review
  • Intercompany reconciliations
  • Manage Budget and forecast process
  • Consolidation of Divisional budgets (I/S, B/S, CF and Capex) and preparation of Budget pack

Financial Analysis

  • Divisional monthly results review
  • Month end Divisional commentary for HO submission
  • Divisional WC Review and Commentary
  • Preparation and Distribution of Divisional Reporting Packs
  • Review and consolidation of monthly rolling forecast
  • Review of monthly internal IFRS 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
  • Knowledge of LC’s and Guarantees
  • Management of the working capital facilities;
  • Management of Hedging – Interest rate and FX hedging;
  • Commentary of Accounts Receivable and Payable DSO’s
  • Accounts Receivable and Payable Age Analysis review
  • Achievement of cash conversion targets
  • Review Key Balance sheet reconciliations
  • Quarterly review of Divisional Balance Sheet reconciliations
  • Review of Inventory Balances to Management System
  • Review of obsolete stock and slow-moving stock provision
  • Review and Approve Payroll from HR
  • 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 relationship with the Banks, specifically from an operational and working capital perspective
  • Liaison with Banks and HO Finance Department where required
  • Building and maintaining relationships with suppliers
  • Manage company audit processes with internal and external auditors
  • Review Audit Management letters and implementation of controls thereof
  • Financial staff management by ensuring correct staff in correct positions
  • Assessing Finance Staff’s performance as per the usual performance review process
  • Developing Finance Staff to ensure succession planning and continuity within the department

Core Competencies

  • Integrity: Ability to reflect acceptable levels of moral values and business ethics.
  • Customer focus: Willingness to respond to the needs of internal and external customers.
  • Results driven: Strive for excellence to ensure success and work well under pressure.
  • Assertiveness: Getting team to perform their tasks without arousing hostility.
  • Business Acumen: The ability to identify business opportunities and successful manage commercial risks.
  • Financial interpretation: Analyse and understand financial data.
  • Negotiation: Ability to confer or bargain to reach an agreement.
  • Accountability: The obligation to account for one’s activities, accept responsibility for them, and to disclose results in a transparent manner

Strategic Financial skills required

  • Excellent Excel Skills
  • Advanced knowledge of VENA/ COGNOS advantageous
  • Solid Understanding of IFRS reporting
  • Computer skills (MS Office)
  • Experience in international financial management advantageous
  • Experience in setting up / managing of BI systems


  • Qualified Chartered Accountant
  • 8 – 10 Years’ experience in Financial Management
  • Minimum of 5 years’ executive level experience within a distribution operating model

Method of Application

Interested and qualified? Go to Ascendis Health on to apply