Financial Manager
1 month ago
Our client is a South African organization that facilitates labor relations within the industry. Established under the Labor Relations Act, they serve as a platform for collective bargaining, dispute resolution, and labor relations management between employers and employees in various sectors.
Estimated Salary:R1,200,000 - R1,800,000 per annum, based on location and industry standards.
Job Description: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 analyze 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.
- Honours degree in Accounting, CA(SA), HiDip in Tax is a plus.
- Strong proficiency in financial management software (e.g., SAP, QuickBooks) and MS Excel.
- Excellent knowledge of budgeting, forecasting, and financial analysis techniques.
- In-depth understanding of compliance and regulatory requirements in South Africa.
- Minimum of 5-8 years of experience in finance management, preferably within a unionized or non-profit organization.
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