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Finance Manager

2 months ago

Parktown, South Africa AJ Personnel Full time

Main purpose of the job:

  • To provide a strategic financial and administrative framework within which the Core department are able to function optimally and to provide leadership with regard to all financial matters

Location:

  • 31 Princess of Wales Terrace, Parktown - Johannesburg

Key performance areas:

Financial management

  • Develop and implement financial strategies, including systems, processes, procedures and policies by practicing sound governance
  • Implement and enhance financial and accounting systems, processes, tools and control systems
  • Provide strategies in the set-up of the Finance department
  • Establish financial management mechanisms that reduce financial risk
  • Oversee legal and regulatory compliance regarding all financial functions
  • Review and approval of all relevant journals
  • Review and approval of all monthly balance sheet reconciliations
  • Assist/back up to the accountants on EPMV compliance
  • Close out - Review TB and ensure all entries have been captured, assets transferred, and account closed
  • Follow up on long outstanding internal and external debtors
  • Petty cash/E-wallet/Pro cards/ FNB credit and debit cards – review and approve recons
  • Maintain and update the finance dashboard
  • Subawards – Ensure reports are received timeously and expenses captured timeously

Ensure compliance with donor requirements and management of audits

  • Ensuring all costs incurred by the division are compliant with WHC policies as well as donor rules
  • Includes timing and planning of audit
  • Liaising with WHC Compliance, donors and auditors on issues raised and resolving such issues
  • Assist with queries from the Auditor
  • Assist to coordinates audit support from their respective teams
  • Acceptable level of compliance issues will determine performance

Financial reporting

  • Manage the consolidation of relevant financial reporting data
  • Manage and review all month-end and year-end closing activities
  • Manage the preparation and communication of month-end and year-end financial statements
  • Perform monthly Income analysis on a budget vs Actual basis
  • Produce accurate financial reports within set deadlines to relevant stakeholders
  • Perform trend analysis and make recommendations
  • Review TB for year end

Stakeholder liaison, customer service and financial advice

  • Gain a full understanding of the division’s needs
  • Alert the division of exceptional problems
  • Communicate with senior management (including Leadership Groups) regarding cash flow and business developments
  • Provide strategic input and advice into the appropriate resource and technical capacities for WHC
  • Serve as the point of contact for internal and external auditors
  • Communicate with site daily and provide relevant assistance

Required minimum education and training:

  • Bachelor’s Degree in financial field

Required minimum work experience:

  • Minimum 5 years’ experience in Accounting and/or Financial Management

Desirable additional education, work experience and personal abilities:

  • Sound knowledge of financial management
  • Sound written and verbal communication skills
  • A broad knowledge and understanding of financial and management accounting principles
  • Advanced knowledge of Microsoft Office and accounting systems i.e. Sage X3
  • A high degree of integrity and trust. Attention to detail, meticulous and thorough
  • Ability to influence and negotiate with all stakeholders and manage people
  • Able to prioritise own workload in meeting deadlines and handle pressure
  • Available and able to work overtime when required
  • Maintain effective working relationships will all stakeholders

TO APPLY:

  • Only if you do meet the minimum job requirements and experience as mentioned above, you may submit a detailed updated CV.
  • Please Apply Online and complete your registration on Ditto Hire (our application tracking system) to enable and protect you as a candidate to accept the new POPIA terms and conditions. This will then create your permanent profile with which you can apply for all jobs as advertised by AJ PERSONNEL. However, you may remove your profile from AJ PERSONNEL when you are no longer in the job market.
  • Please take note that the applicants who do not adhere to the above criteria will not be considered for the respective position.
  • The closing date for all applications: 19 September 2024.
  • Note WHC, in accordance with their Employment Equity goals and plan, will give preference to suitable applicants from designated groups as defined in the Employment Equity Act 55 of 1998 and subsequent amendments thereto.

Please note:

  • AJ PERSONNEL is only responsible for the advertising of the advertisement on behalf of their client Wits Health Consortium.
  • Wits Health Consortium will only respond to shortlisted candidates.
  • Candidates who have not been contacted within two weeks of the closing date can consider their applications to be unsuccessful.
  • AJ Personnel does not have any salary or other information regarding the position.