Financial Manager Position in a Unionized Organization
2 days ago
Professional Career Services is currently seeking an experienced Financial Manager to oversee financial planning, budgeting, and reporting for our client, a South African organization. This role involves managing the finance team, overseeing financial operations, and ensuring compliance with industry regulations and standards.
This position requires strong leadership skills, excellent knowledge of financial management software, and a deep understanding of compliance and regulatory requirements in South Africa. The ideal candidate will have a minimum of 5-8 years of experience in finance management, preferably within a unionized or non-profit organization.
The estimated salary for this position is R1,200,000 per annum, commensurate with experience.
Key Responsibilities- Financial Management & Reporting:
- Prepare monthly, quarterly, and annual financial statements in accordance with industry standards.
- Oversee the annual budgeting process, monitoring expenditures to stay within budgetary constraints.
- Generate financial reports and analyse data to identify trends, anomalies, and areas for improvement.
- Lead the development of the annual budget, working closely with department heads.
- Provide financial forecasts to aid in strategic planning, aligning financial goals with our client's mission and objectives.
- Monitor cash flow and forecast future financial performance based on historical data.
- Ensure compliance with relevant financial regulations, tax obligations, and internal policies.
- Coordinate with external auditors for annual audits and provide documentation as required.
- Conduct regular risk assessments, recommending policies to mitigate financial risks.
- Perform financial analysis to support strategic initiatives and operational decisions.
- Provide insights and recommendations to senior management based on financial performance metrics.
- Identify cost-saving opportunities without compromising quality or regulatory standards.
- Manage and mentor the finance team, promoting a culture of excellence, accountability, and continuous improvement.
- Develop and implement training programs for finance staff to enhance skill sets and efficiency.
- Set performance targets and monitor team progress, providing constructive feedback and guidance.
- Serve as a liaison between finance and other departments to ensure accurate financial data sharing.
- Collaborate with external parties, such as auditors, tax authorities, and regulatory bodies.
- Support OUR CLIENT members and stakeholders with financial queries and report generation.
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