Financial Manager

Posted 8 Days Ago
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Cape Town, Western Cape
In-Office
Mid level
Information Technology • Software
The Role
The Finance Manager will oversee financial reporting and governance, support strategic decisions with analysis, manage budgets, and ensure compliance.
Summary Generated by Built In

Company Overview:

1-grid is a fast-growing web hosting company in Cape Town with an established customer base, recently acquired by recognized leaders in the Internet services industry. We have the vision and resources to be the market leader in SA in the next 5 years; this vision is supported by an entrepreneurial culture that encourages innovation, collaboration, and top performance.

Job Purpose

The Finance Manager is accountable for assisting the Company Head in strategic decision-making by providing financial analysis, evaluating new opportunities, and establishing targeted returns. This individual will manage the organization’s financial and legal governance, oversee financial reporting and accounting functions, and ensure sustainable financial performance.

Qualifications and Experience

  • Chartered Accountant (CA) qualification essential.
  • Minimum of 3-5 years’ experience in a senior financial management or leadership role.
  • Proven experience in financial analysis, strategic planning, and business performance management.
  • Prior exposure to or experience within the Networking or Technology sector will be advantageous.
  • Strong understanding of financial systems, governance, and compliance frameworks.
  • Advanced proficiency in financial modeling, and forecasting.

Key Duties and Responsibilities
Strategic and Financial Leadership

• Partner with the Company Head to assess financial viability of business opportunities and guide strategic decisions.
• Integrate finance with business operations through proactive communication and cross-functional collaboration.
• Provide financial insights to support value creation, cost optimization, and profitability improvement.
• Develop and communicate strategic business plans aligned to company objectives.
• Analyse business performance, cost structures, and pricing models to inform management decisions.

Financial Management and Reporting
• Lead and oversee daily operations of the finance department.
• Prepare and interpret financial reports, recommending actionable steps for business improvement.
• Manage cash flow, working capital, and liquidity to ensure 1-grid’s financial health.
• Develop and monitor budgets, forecasts, and long-term financial plans.
• Prepare management accounts, financial statements, and tax returns.
• Oversee monthly payroll approvals and expenditure control.

Governance, Compliance, and Audit
• Ensure full compliance with financial, legal, and regulatory requirements.
• Liaise with external auditors to maintain transparency and accountability in financial reporting.
• Prepare financial systems and documentation for annual audits.
• Oversee internal controls, risk management processes, and intercompany transactions.
• Manage and advise on commercial contracts, compliance matters, and financial risk exposure.

Business Analysis and Value Creation
• Conduct in-depth financial analysis to drive strategic decision-making.
• Identify and implement initiatives to improve product cost efficiency and operational margins.
• Track and report business profitability on a monthly, quarterly, and annual basis.
• Advise on investment strategies and capital allocation to maximize returns.
• Support business negotiations and strategic partnerships through financial modeling and due diligence.

Key Competencies
• Proven leadership and team management capability.
• Strong planning, analytical, and critical thinking skills.
• Excellent communication and interpersonal skills (both written and verbal).
• High attention to detail and accuracy.
• Sound understanding of data privacy, governance, and financial compliance standards.
• Ability to manage multiple priorities and meet tight deadlines.
• Strong commercial acumen and business insight.
• Confident public speaking and presentation skills.

Values Alignment:

The Financial Manager is expected to live out and promote 1-grid’s values: Accountability, Customer Delight, Teamwork, Inclusivity, Respect, Transparency, Quality, and Collaboration.

Top Skills

Financial Modeling
Financial Reporting
Financial Systems
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The Company
HQ: Western Cape
38 Employees
Year Founded: 2009

What We Do

We empower South African website owners and businesses to thrive online. Our platform delivers affordable web hosting solutions paired with exceptional support. From seamless domain registration to reliable hosting, robust security, and professional email services, we provide simple solutions for every stage of your business's growth.

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