Head: Financial Management

**Job Title**

Head: Financial Management

**Reporting into**

Chief Financial Officer

**Division**

Group Finance

**Department**

Financial Management

**Manages others**

51 (9 Direct Reports)

**Occupational Level (EEA)**

Senior Management

**Job Family**

Group Finance

**Job Grade**

**Level of Work**

**Critical/ Core/ Scarce Role**

**JOB PURPOSE**

The main purpose of this role is overall leadership and management of the financial management department of the company, including accurate and timeous reporting of accounts to internal and external stakeholders.

**KEY PERFORMANCE AREAS**

**MAIN DUTIES AND RESPONSIBILITIES**

**Financial Perspective**
- Manage and coordinate the budgeting and financial planning processes for the company;
- Preparation of IFRS compliant Financial Statements;
- Ensure that all tax directives are effectively implemented and that tax implications in management decisions are considered;
- Lead Financial Audits;
- Direct and lead sustainable cost management programmes;
- Ensure company Financial Systems are robust and addresses internal control requirements
- Ensure financial soundness of all decisions

**Objectives**

**Internal Processes**
- Provide accurate and timely financial service including setting and monitoring of budgets, forecasts, cash flow analysis, management and financial accounts, advice and support to inform decision making at all levels
- Participate in strategy formulation and implementation for the Financial Management Strategy.
- Continuous improvement of Internal and External reporting
- Ensure all regulatory requirements are adhered to
- Effectively formulate and implement systems and procedures to ensure compliance and provide innovative solutions to take the business forward
- Provide effective management and leadership to direct reports and the team
- Ensure that there are no significant new or repeat audit findings
- Define and implement strategic objectives of the department

**Corporate Strategic Alignment**
- Provide all relevant governance structures with financial information for decision making.
- Continuously exhibits and drives key behaviours

**Customer Focus**
- Create relationships with internal and external clients.
- Optimise service delivery in a manner that address client needs,
- Build a network of relationships, across functions, to achieve goals and objectives.
- Formulate solutions and provide required support for client requests and challenges.

**Learning & Growth**
- Ensure the effective management of human resources in the department, including leadership, motivation and development thereof.
- Protect the interest and welfare of employees and establish suitable communication lines with them in line with Human Capital Policies
- Oversee the implementation of talent management initiatives within the department (Employee Engagement, Mentoring and Coaching, Employment Equity and Succession Management)
- Provide clear leadership and foster a team culture consistent with the corporate values.
- Lead the transformation and empowerment of individuals within the department.
- Drive a culture of high performance and facilitate skills and knowledge transfer
- Generate ideas for improvement of cross functional processes or resolving of complex problems.
- Research for best practice measures both locally and internationally
- Take responsibility for personal development and growth

**TECHNICAL COMPETENCIES**

**Competency Name**

**Essential**

**Important**
- Analytical Thinking
- Commercial Acument
- Communication & Influence
- Relationship Building

**BASIC REQUIREMENTS FOR THE ROLE**

**Formal Qualification/Degree**

**Essential**

**Desirable**
- Qualified as a CA (SA) or equivalent with strong technical expertise

**Work Experience and Knowledge (What kind of experience is needed in order to do this job?)**

**Essential**

**Desirable**
- Preferably 10 -12 or more years’ relevant experience in field of discipline.
- Proven track record of leading and developing teams.
- Knowledge of IFRS, Tax, Auditing and PFMA
- Strong commercial awareness
- Strong financial statement analysis skill
- Able to demonstrate a high degree of integrity
- Excellent presentation skills - demonstrated excellent verbal and visual presentation skill
- Knowledge of Microsoft Word, Excel, PowerPoint at an advance level
- Practical knowledge of SAP will be an added advantage

**Leadership Competencies**

**Essential**

**Desirable**
- Resilience
- Decisiveness in Execution
- People Engagement
- Communication and Engagement
- Diverse Stakeholder Management
- Teamwork
- Innovation

ü
- Change leadership
- Strategic Thinking
- Business Mind Set
- Problem Solving
- Strong financial analysis
- Strong commercial awareness

**Behavioural Competencies**

**Essential**

**Desirable**
- Operating within a multi-cultural environment
- Political Awareness
- Coping with Pressures and Setbacks
- Conflict Management
- Negotiating and influencing
- Operating within a mu