Director: Outsourced Accounting

Location
Cape Town
Salary
£70,000-£100,000 per year with Profit Share Option
Posted
22 Feb 2024
Closes
22 Mar 2024
Contract type
Contract
Hours
Full time
Experience level
Qualified accountant, Director

Join us in shaping the future – Relocate or Return to South Africa and bask in the glorious southern African sunshine while making waves in esteemed UK businesses. Immerse yourself in the vibrancy of the "Best Worldwide City" of Cape Town as acclaimed for eight consecutive years!

Overview:

Our client is embarking on a ground breaking expansion initiative, introducing cutting-edge outsourcing accounting solutions to their extensive client base, exceeding an impressive 50,000 clients, predominantly in the UK. As the Director of the Outsourcing Accounting Department, you'll spearhead the setup and launch of this pioneering department. Your role is pivotal, encompassing the establishment of client relationships, formulation of pricing strategies, and implementation of essential processes, resources, and tools. You'll also lead and nurture a dynamic team in South Africa.

Your mission: Establish and lead the outsourcing accounting department, driving its growth, profitability, and value delivery to clients and the organization.

Key Responsibilities:

  • Develop and execute a strategic plan for the outsourcing accounting department, aligned with the company's overall objectives.
  • Cultivate and maintain relationships with an extensive client base exceeding 50,000 clients to promote the new outsourcing accounting services.
  • Establishes accounting operational strategies by evaluating trends, establishing critical measurements, determining production, productivity, quality, and customer-service strategies, designing systems, accumulating resources, resolving problems, and implementing change.
  • Define pricing models and strategies that are competitive and profitable.
  • Delivers client services including, but not limited to: performance of activities unique to each engagement; development and implementation of deliverables; development and delivery of training and workshop materials; maintenance of client project timelines; monthly maintenance of project budgets; and monthly client billing activities.
  • Evaluates client needs related to accounting and finance processes and assesses accounting function to recommend project approaches. Contributes to the proposal development process on outsourced controller projects and other special projects in order to develop multi-focused solutions for our clients.
  • Lead the implementation of all accounting processes, systems, and tools required for the department to operate efficiently.
  • Hire, train, and manage a team of accounting professionals, fostering a culture of excellence and collaboration.
  • Oversee the day-to-day operations of the department, ensuring deliverables are met on time and within budget.
  • Provide guidance and expertise on UK accounting standards and practices, including Corporation Tax, Bookkeeping, Payroll, Statutory Accounts, and Management Accounts.
  • Collaborate closely with UK-based client to understand their needs and preferences, adjusting service offerings accordingly.
  • Work closely with senior management to monitor departmental performance and make strategic adjustments as needed.

Note: This position requires a highly qualified and experienced individual who is willing to take on a hands-on approach to establish and lead the outsourcing accounting department.

 

Experience, skills or qualifications required

  • Qualified CA(SA), ACCA, ACA, CIMA, or CPA with extensive knowledge of UK accounting standards and practices, including UK Corporation Tax, Bookkeeping, Payroll, Statutory Accounts, and Management Accounts.
  • 6 - 8 years proven experience in setting up and leading accounting departments and teams.
  • Strong understanding of outsourcing accounting services and industry trends specifically in the UK territory.
  • Excellent communication and interpersonal skills, with the ability to build rapport with clients and team members.
  • Demonstrated ability to think strategically and execute operational plans effectively.
  • Willingness to be hands-on and operational, especially in the initial phases of department setup.
  • Strong business and financial acumen, demonstrated through a deep understanding of financial principles, including budgeting, forecasting, financial analysis, and strategic decision-making to drive the profitability and growth of the outsourcing accounting department.
  • Flexibility to travel between South Africa and the UK.

We offer a competitive salary with profit share options.

If you are a qualified and seasoned professional, passionate about excellence in accounting services, eager to lead and shape the future of outsourcing accounting, we invite you to apply. This role presents a unique opportunity to make a significant impact within a leading organization, accompanied by a competitive salary package and long-term growth prospects. For further insights and a confidential discussion, contact Tammy Conradie at tammy.conradie@goldcityuk.com.

We look forward to connecting with you!