Finance Manager

3 weeks ago

Johannesburg, South Africa Specd Full time

JOB DESCRIPTION:


Job Title: Finance Manager
Job Type: 12 Months Fixed -Term Contract
Job Industry: NGO - Heath Sector
Location: Parktown, Johannesburg

KEY DUTIES AND RESPONSIBILITIES:
1. Financial Management and Reporting:
  • Manage daily functions to ensure the financial infrastructure is stable and supports the future demands of the organisation.
  • Manage daily operations by:
    • Verifying the accuracy and quality of all financial information ensuring it is maintained in terms of international financial reporting standards and generally accepted accounting practices.
    • Ensuring that performance measures and monitoring systems are in place that support the organisations strategic direction.
    • Managing and overseeing that reporting, monitoring, and recording systems attain the highest standard of financial integrity.
    • Ensuring that procedures and policies are implemented in line with best industry practices.
    • Ensuring that the designed core cost structure and basis of recovery is implement monthly for the project.
    • Ensuring cash flow management of the project by monitoring cash balances and cash forecasts and tracking cash flow to ensure it is appropriate and sustainable.
    • Reviewing creditor reconciliations and ensuring they a submitted monthly, as per finance timetable.
    • Reviewing and authorising EFT payments and supporting documentation.
    • Overseeing the issuance of financial information
    • Champion excellent management of financial resources, promoting efficiency, high performance, and overall value for money.
    • Promote the review of financial policy, systems, and practices to deliver continual improvement, automation and self-service and explore systems full benefits.
  • Analyse, interpret and communicate financial and performance data, provide financial advice, and influence decision making where appropriate to achieve budget, targets, and strategies.
  • Monitor budget expenditure ensuring that expenditure is in line with what is required.
  • Ensure the timely preparation of robust budgets from a financial perspective, testing the underlying assumptions and quality assuring the cost, benefits, and mitigating risks.
  • Prepare, and when necessary, present, various reports including monthly management packs and current reports ad-hoc reports to meet reporting requirements and ad-hoc requests.
  • Responsible for collating and consolidating monthly top suppliers each month with all relevant BBBEE information.
  • Track spending of suppliers.
  • Ensure vendor registration information is consolidated in collaboration with Procurement to meet procurement requirements.

2. People management:
  • Manage staff (in line with policies, procedures, and standards) by:
    • Partnering with HR on recruitment and induction of new team members.
    • Managing the performance review process.
    • Identifying training needs or staff support needs and ensuring that such training or support is provided.
    • Mentoring and guiding staff by facilitating regular meetings.

3. Stakeholder management:
  • Develop relationships with relevant financial institutions, internal, external and funder auditors and stakeholders to ensure good working relations.
  • Manage and retain relationships with various vendors to meet the requirements of the organisation.

4. Risk management:
  • Understand and mitigate key elements of the company's risk profile and support in identifying and reporting financial risks to the DCFO to ensure implementation of corrective measures and/or risks identified are mitigated to an acceptable residual risk. Ensure that record keeping meets the requirements of auditors and government agencies.

QUALIFICATIONS, SKILLS, AND EXPERIENCE REQUIREMENTS:

1. Minimum Qualification and Experience:
  • Compt / BCom Hons.
  • At least 8 to 10 years progressively responsible experience in a financial management role.
  • Solid staff managerial and supervisory experience working in cross functional teams.
  • Solid knowledge of financial accounting policies and procedures.
  • Understanding of International Financial Reporting Standards.
  • Enterprise resource planning /systems experience.

2. Desirable qualifications and experience:
  • CA or B.Compt / BCom Hons with articles.
  • Knowledge of donor grants and the non-profit sector.

3. Behavioral Competencies and Skills:
  • Excellent communications and presentation skills in English.
  • Strategic thinking.
  • Analytical.
  • Problem solving.
  • Purposeful.

4. Technical competencies and skills
  • Solid MS Office skills (especially Excel).
  • Generally Accepted Accounting Principles (GAAP).

PACKAGE & REMUNERATION:
  • Will be agreed based on qualifications, applicable experience, and previous earnings.

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