Financial Manager

4 weeks ago

Johannesburg, South Africa Sentinel Staffing Services Full time
Key Performance Areas, Deliverables & Measures:
  1. Management of the Team of Accounting Professionals / Clerks
    • Manage and cultivate a motivated and productive finance team environment.
    • Collaborate with Funds Administrator & Finance Executive to set and achieve team objectives.
    • Review employee performance and identify future needs and capabilities.
    • Plan workload allocation, conduct performance appraisals, and facilitate training interventions.
    • Resolve staff-related issues within the finance department.
    Key Performance Indicators:
    • Motivated and skilled team
    • Compliance with HR policies
    • Availability of staff
  2. Budgeting
    • Provide strategic financial guidance to executive management and departments.
    • Collaborate with departments to align financial goals with Council's objectives.
    • Improve budgeting efficiencies and prepare budget drafts for submission.
    Key Performance Indicators:
    • Accuracy of expense accounts
    • Compliance with financial policies
    • Provision of annual budgets and forecasts
  3. Financial Reporting
    • Prepare, analyze, and report financial statements for Council submission.
    • Analyze variances and propose corrective actions.
    • Verify reconciliations and prepare monthly management accounts.
    Key Performance Indicators:
    • Complete and accurate management accounts
    • Compliance with financial policies
  4. General Ledger Management
    • Manage cash flow and ensure accurate financial transactions recording.
    • Verify and authorize entries, resolve ledger queries, and process payments.
    Key Performance Indicators:
    • Accuracy and timeliness of reporting
    • Compliance with financial policies
    • Availability of funds
  5. Statutory Compliance
    • Submit returns to regulatory authorities and ensure compliance with tax regulations.
    Key Performance Indicators:
    • Timely and accurate submissions
  6. Fixed Assets Maintenance
    • Oversee fixed asset register maintenance and depreciation calculations.
    Key Performance Indicators:
    • Timely and accurate posting
  7. Ad hoc functions as assigned
Key Stakeholder Relationships:
  • Internal: Funds Administrator, Finance Executive, Accounts Administrators, EXCO, all FBC departments
  • External: Bank, Department of Labour, External Auditors, SARS, Service Providers
Qualification Requirements:
  • Minimum: B Degree in Accounting
  • Preferred: Honours Degree
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