Specialist: Financial Planning

**_ Equity Statement :Preference will be given to suitably qualified Applicants who are members of the_** **_designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating_** **_Division._** **_ Alternative Application Methods: (Completed Curriculum Vitae to be submitted)_** Post: E-mail: Fax: before the closing date of the advertisement. Note: if you have not been contacted within 30 days of the closing date of this advertisement please consider your We urge all our employees, clients, members of the public and our suppliers to report any kind of fraud or corruption at **_ Operating Division : Transnet Corporate Centre_** **_ Position Title : Specialist: Financial Planning &Analysis_** **_ Employee Group : Permanent_** **_ Department : Finance_** **_ Location : Johannesburg_** **_ Reporting To : Snr Specialist: Financial PLNG &Analysis_** **_ Grade Level : D_** **_ Reference Number : 6004104_** **_ Position Purpose:_** Conduct effective mitigation of financial risks and enable financial sustainability of the Company. This involves producing management information and ensuring that business objectives / targets are achieved. **_ Position outputs:_** - Compile and provide budget directives to ODs (including financial directives). - Develop the Financial Plan for inclusion in the Corporate Plan. - Report on budgets and plans, coordinate and track initiatives (performance targets and moratorium). - Annual determination of shareholder value-add matrices. - Provide performance management information on a continuous basis in respect of performance against budgets and dynamic targets supported by root cause analyses (including opex and revenue analysis). - Consolidated annual volume plans and alignment for priority commodities. - Annual Corporate Overheads allocation to Operating Divisions and policy update. - Analyse, review and narrate the consolidated budgets for EXCO/Board. - Working capital analysis and management. **_Qualifications & Experience:_** - A CA (SA) or CIMA Financial Management is required - Proven 5 years’ relevant work experience at management level - SAP experience - Trust and Honesty in the handling of Finances as per the National Credit Act Amendment 19 **_ Competencies:_** - KNOWLEDGE- Accounting - the ability to interpret cost reports, cash flows, variance analyses and financial statements - Ability to narrate financial plans - Link operational KPIs to financial KPIs - A good understanding of Economics and Transnet’s role within the economy - SKILLS- Excellent analytical skills and attention to detail - Good communication and interpersonal skills FUNCTIONAL COMPETENCIES - FINANCIAL AND ACCOUNTING MANAGEMENT- Review outputs of financial and cash flow analyses to develop views and guide management; and resolve significant reporting variances or recommend corrective actions where needed;- Design reporting and monitoring regimes to track performance against corporate objectives. - ACCOUNTING SYSTEMS (FIN TECH SYSTEMS)- Proactively share knowledge across the business regarding the finance systems and supporting technology; - Recommend new systems to automate existing processes and ways to re-engineer business process to effectively use new technology. - MANAGEMENT DECISION-MAKING AND CONTROL- Interpret and make effective management decisions using benchmarking, trends, and other planning and forecasting methods to develop and implement improvements to the planning processes;- Own, select and use financial and non-financial key performance indicators in the organisation’s appraisals; interpret trends from financial reports, extrapolate and evaluate risk in complex scenarios;- Interpret and analyse management information, in the context of the external environment and business objectives, and to advise decision-makers;- Adds to managerial knowledge, strategic thinking, financial planning and analysis, as well as skills in supporting a learning organisation. - FINANCE STRATEGY, RISK MANAGEMENT AND GOVERNANCE- Develop innovative approaches to manage significant business risks effectively and efficiently; - Advise on best solutions and foresee the impact of changes in regulations, policies and procedures for non-complex and increasingly complex business issues;- Assess competitor’s future trends and strategies from benchmark data and identify key opportunities and threats for the organisation’s own business;- Demonstrate advanced levels of understanding of accounting standards. BEHAVIOURAL COMPETENCIES STRATEGY & SUSTAINABILITY Strategic Thinking: Translates strategies into measurable goals and objectives to achieve the organisations vision. Commercial Awareness: Keeps abreast of internal and external factors that can impact the business; is aware of developments in organisational structures, economics and politics where relevant. Innovating: Generates new ideas or solutions by thinking "outside of the box"; reviews current