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Finance Manager

1 month ago

Johannesburg, Gauteng, South Africa African Leadership Academy Full time
Job title : Finance ManagerJob Location : Gauteng, JohannesburgDeadline : March 10, 2025Quick Recommended Links
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Key Responsibilities:

Financial Analysis:

  • Prepare monthly, quarterly, and annual financial reports, including presentations, for the CFO and Executive Committee.
  • Conduct financial analysis to identify trends, variances, and areas for improvement.

Accounting, Audit and Compliance:

  • Manage month-end processes and close.
  • Manage the day-to-day accounting operations.
  • Ensure compliance with local financial regulations, tax laws, and internal policies.
  • Coordinate and lead the annual external audit process, liaising with external auditors and regulatory bodies.
  • Review and implementation of accounting policies and SOPs

Reporting:

  • Produce the monthly reporting pack for exco
  • Produce reports for committees and boards
  • Produce the annual financial statements
  • Assist in grant reporting
  • Formulate the annual corporate and reporting calendar
  • Other reports required by both internal and external stakeholders for decision-making
  • Developing presentations for various stakeholder reporting platforms.

Cash Flow Management:

  • Monitor and manage cash flow to ensure the organization's liquidity and financial stability.
  • Oversee the management of banking relationships and optimize investment strategies.

Risk Management:

  • Identify and develop a financial risk matrix
  • Implement mitigation actions to reduce financial risk

Taxation:

  • Oversight of all tax matters
  • Preparation and submission of all tax returns
  • Tax compliance
  • Tax benefits available to the institute

Team Leadership and Development:

  • Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.
  • Provide training and support to staff on financial processes and systems.
  • Planning and prioritization of team tasks and goals.

Strategic Financial Support:

  • Partner with the CFO to develop and implement financial strategies aligned with the Academy's goals.
  • Support strategic initiatives by providing financial insights and recommendations.
  • Provide support to all teams in the grant application process, especially in the financial modelling

Systems and Process Improvement:

  • Evaluate and improve financial systems, processes, policies and controls to enhance efficiency and accuracy.
  • Lead the implementation of new financial tools and technologies as needed.

Profile of Ideal Candidate:

  • Bachelor's degree in finance, Accounting, or a related field; CA(SA) qualification preferred.
  • Minimum of 5-7 years of progressive financial management experience, preferably in the education or non-profit sector.
  • Strong knowledge of financial reporting standards, tax regulations, and IFRS compliance requirements.
  • Proficiency in financial software and systems; experience with ERP systems is an advantage.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong leadership and team management abilities.
  • Effective communication and interpersonal skills.
  • High level of integrity and attention to detail of students.
  • A self-starter and must be able to implement and carry tasks and projects to conclusion.
  • Strong report writer.
  • Excellent Microsoft skills in Excel, Word and PowerPoint.
  • Excellent stakeholder communication skills.
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