Description:
ROLE DESCRIPTION – Finance Leader
Purpose
To always enforce The Travel Group’s best practice procedures with no grey areas. Lead with innovation that will improve the business financial structure & policy. Take great care of our People, Clients & Suppliers. Ensuring there is consistent support, quick response times & flawless service delivery. Identify & Protect our business from possible financial risks. Be an overall guardian of The Travel Groups financial wellbeing.
Key Duties include but are not limited to:
- Bank & Accounting Software recons, accounting for all transactions. Daily & Monthly recons to be 100% finalized within 24H.
- Debtors & Creditors are to be well managed, should accounts be out of terms then best practice procedures are to be followed.
- All client payments that do not match to a statement amount must be accompanied with a remittance & allocated within 48H of payment date.
- Business & Consultant Account Codes are to be cleared monthly, at month end all items for that month must be 100% finalized and not just moved into the following month.
- Coach and develop teams financial weaknesses
- Recognize good financial performance within the team
- Prepare for weekly Senior Leadership Innovation Meeting and once monthly month end review Meeting.
- Enforce business structure at all times without fail
- Identify area’s of concern or risk within the business. Lead the way with a solution-based approach to overcoming these challenges
- Provide Financial Support to our clients, hosting Finance Meeting with key clients at least once a year.
- Be the lead person in identifying concerns clients may have in regards to our financial procedures, thereafter putting solutions in place whilst keeping the client informed at all times
- Ensure every cent in the business is accounted for and reconciled. Should there be any red flags you are to advise the leadership team and lead an in-depth investigation.
- Assist with the Budget, Goal & Business Plan creation for the business once a year with the Senior Leadership Team
- Be highly self-disciplined & organized
- Month end & roll over
- Implement & enforce brand identity structure
Discipline
We all make mistakes, this does not have to be a negative point. If it’s a genuine mistake that has not happened before take it as a lesson that everyone in the team can learn from, brainstorm some solutions with the team & put measures in place to avoid going forward.
For repeat offenders or if there is malicious intent then a more firm approach will be required depending on the severity of the matter. You may need to issue a “letter of concern” and follow best practice procedures.
No one likes working in an undisciplined team, you will not earn your teams respect in doing so. Every system or procedure needs to be performed the same way every time, according to the set best structure procedures. Keep it black and white or you will be seen to be unfair, always explain your decisions to the team and invite feedback.
Decision Making & Your Team
A Finance Leader involves the team in making decisions about the business. Team members are asked to provide input, however the final decision is up to the Leader as your are there to guide your team to the right decision. Team members input is valued and not taken lightly.
Finance Leader need to be able to identify problems that people may be having and help them over come them.
Having accurate budgets/goals and updating them is vital. A business goal and plan that everyone in the team has bought into, this is essential for your business to succeed.
Key Qualities of a Finance Leader
- Motivator & Mentor
- Powerful Communicator
- Solution Focused
- Lead by example
- Strong Vision, Focus and Direction
- Have a Proactive Approach
- Approachable & Disciplined
- Empathetic & Systematic
- Embrace company Purpose, Values and Structure
Requirements:
ROLE DESCRIPTION – Finance Leader
Purpose
To always enforce The Travel Group’s best practice procedures with no grey areas. Lead with innovation that will improve the business financial structure & policy. Take great care of our People, Clients & Suppliers. Ensuring there is consistent support, quick response times & flawless service delivery. Identify & Protect our business from possible financial risks. Be an overall guardian of The Travel Groups financial wellbeing.
Key Duties include but are not limited to:
- Bank & Accounting Software recons, accounting for all transactions. Daily & Monthly recons to be 100% finalized within 24H.
- Debtors & Creditors are to be well managed, should accounts be out of terms then best practice procedures are to be followed.
- All client payments that do not match to a statement amount must be accompanied with a remittance & allocated within 48H of payment date.
- Business & Consultant Account Codes are to be cleared monthly, at month end all items for that month must be 100% finalized and not just moved into the following month.
- Coach and develop teams financial weaknesses
- Recognize good financial performance within the team
- Prepare for weekly Senior Leadership Innovation Meeting and once monthly month end review Meeting.
- Enforce business structure at all times without fail
- Identify area’s of concern or risk within the business. Lead the way with a solution-based approach to overcoming these challenges
- Provide Financial Support to our clients, hosting Finance Meeting with key clients at least once a year.
- Be the lead person in identifying concerns clients may have in regards to our financial procedures, thereafter putting solutions in place whilst keeping the client informed at all times
- Ensure every cent in the business is accounted for and reconciled. Should there be any red flags you are to advise the leadership team and lead an in-depth investigation.
- Assist with the Budget, Goal & Business Plan creation for the business once a year with the Senior Leadership Team
- Be highly self-disciplined & organized
- Month end & roll over
- Implement & enforce brand identity structure
Discipline
We all make mistakes, this does not have to be a negative point. If it’s a genuine mistake that has not happened before take it as a lesson that everyone in the team can learn from, brainstorm some solutions with the team & put measures in place to avoid going forward.
For repeat offenders or if there is malicious intent then a more firm approach will be required depending on the severity of the matter. You may need to issue a “letter of concern” and follow best practice procedures.
No one likes working in an undisciplined team, you will not earn your teams respect in doing so. Every system or procedure needs to be performed the same way every time, according to the set best structure procedures. Keep it black and white or you will be seen to be unfair, always explain your decisions to the team and invite feedback.
Decision Making & Your Team
A Finance Leader involves the team in making decisions about the business. Team members are asked to provide input, however the final decision is up to the Leader as your are there to guide your team to the right decision. Team members input is valued and not taken lightly.
Finance Leader need to be able to identify problems that people may be having and help them over come them.
Having accurate budgets/goals and updating them is vital. A business goal and plan that everyone in the team has bought into, this is essential for your business to succeed.
Key Qualities of a Finance Leader
- Motivator & Mentor
- Powerful Communicator
- Solution Focused
- Lead by example
- Strong Vision, Focus and Direction
- Have a Proactive Approach
- Approachable & Disciplined
- Empathetic & Systematic
- Embrace company Purpose, Values and Structure
- Bank & Accounting Software recons, accounting for all transactions. Daily & Monthly recons to be 100% finalized within 24H.
- Debtors & Creditors are to be well managed, should accounts be out of terms then best practice procedures are to be followed.
- All client payments that do not match to a statement amount must be accompanied with a remittance & allocated within 48H of payment date.
- Business & Consultant Account Codes are to be cleared monthly, at month end all items for that month must be 100% finalized and not just moved into the following month.
- Coach and develop teams financial weaknesses
- Recognize good financial performance within the team
- Prepare for weekly Senior Leadership Innovation Meeting and once monthly month end review Meeting.
- Enforce business structure at all times without fail
- Identify area’s of concern or risk within the business. Lead the way with a solution-based approach to overcoming these challenges
- Provide Financial Support to our clients, hosting Finance Meeting with key clients at least once a year.
- Be the lead person in identifying concerns clients may have in regards to our financial procedures, thereafter putting solutions in place whilst keeping the client informed at all times
- Ensure every cent in the business is accounted for and reconciled. Should there be any red flags you are to advise the leadership team and lead an in-depth investigation.
- Assist with the Budget, Goal & Business Plan creation for the business once a year with the Senior Leadership Team
- Be highly self-disciplined & organized
- Month end & roll over
- Implement & enforce brand identity structure
- Motivator & Mentor
- Powerful Communicator
- Solution Focused
- Lead by example
- Strong Vision, Focus and Direction
- Have a Proactive Approach
- Approachable & Disciplined
- Empathetic & Systematic
- Embrace company Purpose, Values and Structure