Financial Executive
2 weeks ago
- Position finance systems, policies and processes to enhance efficiency and effectiveness of the Foundation
- Drive institutional budgeting process, implement robust budget monitoring systems and review mechanisms, recommending cost reduction strategies and the correct allocation of budgets
- Oversee the taxation affairs of the organisation
- Contribute to income generation strategies, input on fundraising plans and proposals
- Stay abreast of changes to legislation and regulatory requirements for the NPO sector
- Continually conduct risk management analysis on the financial health of the organisation
- Oversee cash flow movements and cash flow requirements and ensure that appropriate treasury controls are in place
- Supervise the management of the internal and audit processes, ensuring recommendations are implemented and audit issues are resolved
- Oversee the preparation of the annual financial statements
- Oversee commercial decision-making, when necessary, in relation to licensing agreements, merchandise sales and royalty income
- Drive the recruitment, training, mentoring and development of new staff members
- Present finance reports to the Board of Trustees and relevant sub-committees
- Cultivate and maintain positive and conducive working relationships with staff and stakeholders
- Drive internal compliance with financial policies, processes and systems
Qualifications and Requirements
- Post graduate degree in Finance/Financial Management or Accounting
- Membership with relevant professional body (SAICA, CIMA, SAIPA etc.)
- 5-7 years applied experience in Accounting/ Finance/ Management Accounting/Business Management
- 3-5 years management experience
- NGO/NPO experience advantageous
- Corporate governance and ethics; King III/IV, Risk Management, Finance Management, Company and NPO Acts, purpose and duties of Boards
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