Head of Finance

2 weeks ago

Cape Town, Western Cape, South Africa mPower People Solutions Full time

Head: Finance and Operations

Purpose of Role

As part of fostering a culture of entrepreneurship among the country's youth in order to reduce the high levels of unemployment; the Company seeks to foster a community of responsible, high impact entrepreneurs in order to achieve an equitable South Africa flourishing with meaningful employment.

We are searching for dynamic and highly talented individual to be responsible for the financial function of the Company, ensuring compliance with all relevant regulatory and legal requirements, while developing and enhancing the Company's financial processes and systems to provide timely information to the CEO and trustees. Responsible for facilities across both offices.

Objectives of Role

Strategy

  • Contribute to the leadership of the Company through active participation on Exco
  • Influence and contribute to the development of strategies for the Company
  • Establish, refine and review the strategy for area of responsibility
  • Oversees submission of monthly dashboards and board reports

Leadership and People Management:

  • Lead and develop the functional team, ensuring adherence to values and exemplary leadership.
  • Oversee performance management processes, including PMPs and ongoing dialogues.
  • Facilitate career development plans and participate in talent forums.

Financial Management:

  • Initiate cost-saving initiatives within the function to achieve a favourable spending variance.
  • Ensure adherence to budgets and responsible use of financial resources.
  • Coordinate external and internal audit processes, addressing audit findings as necessary.
  • Facilitate discussions and collaborate with functions to ensure sustainable expenditure over the next 10 years.
  • Approve monthly payroll files and ensure timely payment of salaries.

Governance and Compliance:

  • Present proposals and reports to committees such as REMCO, Investment Committee, and Awards Committee.
  • Attend board meetings, prepare relevant documents, and contribute to strategic discussions.
  • Identify and address functional risks and compliance issues.
  • Ensure adherence to governance and compliance requirements.
  • Prioritize safety measures for Talent, beneficiaries, and partners at Company's events.
  • Review, update, and ensure board approval of various organizational policies5.

Tax Compliance:

  • Approve certificates and ensure timely submission of returns to regulatory bodies.

Strategic Initiatives:

  • Drive automation, strategic partnerships, and innovation within finance and facilities teams.
  • Improve financial data management and forecasting processes.

Financial Partnerships:

  • Collaborate with stakeholders to increase strategic and financial partnerships for the Foundation.

Shared services:

  • Assist in improving service offerings to Company and resolve challenges faced by the shared services team.

Facilities Strategy:

  • Recommend and facilitate the implementation of facilities management strategies for different locations.

Experience and Qualifications

  • CA preferred
  • 10+ years of experience in desired role with deep experience in financial expertise
  • Experience operating at Exco level preferred
  • Advanced Specialised Computer literacy

Competencies

  • Thought leadership
  • Ability to lead cross-functional teams and work within a team
  • Communication skills – written and verbal
  • Ability to communicate complex ideas
  • Project management skills
  • Able to work on multiple assignments
  • Innovation
  • Flexibility
  • Judgement

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