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Finance Business Partner

4 months ago


Johannesburg, South Africa Secondments Recruitment Full time

**Job Advert Summary**:
To provide Finance business partnering support, oversee the delivery of end-to-end financial accounting and financial management accounting services to the organisation.

Determine and implement policies, procedures and processes for Finance in line with the wider Finance policies, regulatory/statutory requirements and good practice

Periodically review the extent to which policies, procedures and processes are adhered to and take corrective action where needed.

**Minimum Requirements**:
**TECHNICAL COMPETENCY REQUIREMENTS**

In-depth knowledge of Finance as a discipline

In-depth knowledge of financial and management accounting, standards and procedures

Business acumen

Corporate Governance policies and procedures

Financial procedures

Financial reporting and report writing

Advanced Excel

**REQUIRED MINIMUM EDUCATION/TRAINING**

CA (SA) qualification

**REQUIRED MINIMUM WORK EXPERIENCE**

At least 5 years job-related experience within a Financial Services institution, which should include at least 2 years’ experience in a strategic leadership role.

Pension Fund Industry will be advantageous.

**Duties and Responsibilities**:
**KEY RESULT AREA**

**CRITICAL DELIVERABLES**

**OUTCOMES**

Act as financial custodian

Determine and implement policies, procedures and processes for Finance in line with the wider Finance policies, regulatory/statutory requirements and good practice

Periodically review the extent to which policies, procedures and processes are adhered to and take corrective action where needed.

Establish and implement the necessary governance and decision-making frameworks within Finance.

Perform the role of custodian of signing authorities in accordance with agreed delegation of authority.

Provide detailed, accurate information for internal and external audit purposes within specified deadlines.

High calibre Finance capability and quality service delivered to the Fund customers and / or employees.

Manage the budgeting process

Lead the process of forecasting annual capital and operational expenses, in line with corporate policy, achieving accurate forecasts.

Manage costs against approved budget, providing meaningful variance analysis reports.

Monitor that expenditure aligns with budget, investigate methods to contain / reduce costs as appropriate.

Identify cost per member on a regular basis.

Effective financial forecasting and budgeting processes provided for the Fund in line with corporate policy

Conduct Financial Reporting

Draft monthly management accounts and flash reports, as required.

Develop monthly financial statements and Exco reports and submit to relevant Management, Executive and Fund Committees for approval, reflecting accurate information by due dates.

Develop Annual Financial Statements and Integrated Report for CFO finalisation and approval according to schedule and in compliance with accounting standards.

Comprehensive accurate monthly, quarterly and annual reports and financial statements produced in a timely and accurate manner

Stakeholder management and finance business partnering support to CFO and FM and Pension Administration Executive

Assist the CFO and FM to execute financial policy reviews, operational activities and stakeholder management to enable the strategic focus the CFO position requires.

Understand the and particularly the Pension Administration’s revenue and/or cost drivers and advise on performance improvement initiatives, preparing business case financial analyses and making subsequent recommendations to the CFO and Pension Fund Executive

Where necessary, stand in for the FM when time or operational requirements require this.

Manage the relationship and activities performed with Standard Bank.

Effective financial business partnering and advice to identify and support opportunities for business improvement and financial change programmes enabled