Accounting Manager - Cape Town

Overview

At Ten our goal is simple, to become the most trusted service business in the world. 

We are already the global market leader for lifestyle management and concierge services, providing services from a strong global office network with over one thousand employees.  

We deliver our service through a combination of Ten’s proprietary, unique technology-enabled platform and the expertise of our highly trained lifestyle managers. Ten is growing quickly and has ambitious plans to innovate and to keep inspiring and to continue to improve the lives of millions of members. Will you help take us there? 

As Accounting Manager, you will lead on managing the Shared Service Finance Team and supporting them with various accounting tasks as part of the broader Global Finance Operations.

Your role involves ensuring completeness, compliance and accuracy for ledgers across entities processed by local accountants in the shared service centre, and overseeing the delivery and management of all audit requests at a Group level and locally. The priority for this role is the management of the finance team to ensure accurate and compliant financial records are maintained and all audit requirements are timeously delivered.

You will work closely within the Global Finance Team, working closely with the operations teams.

ESSENTIAL DUTIES AND RESPONSIBILITIES: 

Local Team Management

• Lead and manage a local team of accountants, ensuring accurate ledgers are maintained and compliance requirements are adhered to at all times
• Own the tracking of key finance team tasks and the team’s continuous delivery thereof
• Ensure quality of key financial controls and governance

Global Month-End Close & Reporting

• Manage the month-end close process, including ledger locking and unlocking; data integrations into reporting tool; intercompany matching; month-end reviews; and team’s attending to queries raised.
• Coordinate and execute month-end review of income statement and detailed balance sheet [including sub-ledgers] – driving consistency, efficiency and accuracy
• Oversight of monthly closure of bank, including reconciliations and revaluations
• Ensuring accountants maintain detailed subsidiary ledgers, including but not limited to asset registers [and monthly accounting of depreciation], debtors, creditors and members accounts
• Coordinate the review of the Group balance sheet performed by the Finance Management Team

Audit & Statutory Compliance

• Manage the Group audit, aligning between the finance team and the external auditors and ensuring all deliverables are submitted timeously and at the requisite level.
• Act as key contact for local audits, and support the regional accountants with preparing local financial statements and executing on local audits, ensuring timely completion with no audit issues.
• Assist in statutory accounts preparation, tax computations and regulatory filings for multiple jurisdictions.
• Assist with ad-hoc group postings and maintaining holding company ledgers and postings

Process Improvement & Business Partnering

• Champion automation: macros, Power-Query, ERP workflows to reduce manual journals and close timelines.
• Provide ad-hoc financial analysis, cost centre reports and KPI dashboards to Operations and Regional MDs.
• Coach shared-service accountants on reconciliation standards, month-end deadlines and best-practice documentation.
• Resolve technical accounting issues raised by regional accountants.
• Assist the finance management team with payment reviews and approvals across multiple jurisdictions.
• Participate in finance projects (M&A, new entity set-up, system upgrades) by providing technical accounting input.

Other Responsibilities

• Support the Group Financial Controller in key tasks and team management
• Supporting Finance on projects and tasks
• Supporting Ops teams by providing necessary reports and analysis
• Any other tasks and projects required by the wider finance team, on an ad-hoc basis

BEHAVIORAL EXPECTATIONS: 

As Accounting Manager, you will be expected to role model the behaviors associated with our Ten Standards and our core business values of Member Focused, Trustworthy, and Pioneering. This means approaching your work every day with a positive, solution-oriented, and supportive attitude. You will also be expected to breakdown complex technical issues into manageable steps, demonstrating strong project management abilities when handling multiple tasks, and effectively present solutions to both internal and external audiences.

We encourage diverse philosophies, cultures and experiences.

We appreciate diversity and are dedicated to creating an inclusive work environment for our employees. This idea unites the teams at TEN. All aspects of our relationship, including the decision to hire, promote, discipline or terminate, will be based on merit, competence, performance and business needs.