Manager Finance

Company Description

Interdot Solutions is a boutique Recruitment Agency committed to delivering high-quality, responsive, and tailored recruitment services. We specialize in aligning exceptional talent with organizational strategies to help build winning teams. Renowned for our innovative and efficient methods, we emphasize strong partnerships with clients and candidates, fostering open communication and long-term professional relationships. Interdot Solutions values integrity and carefully selects top-tier professionals to support operational growth and success.

Role Description

The primary role of the Finance Manager is to offer guidance and support in shaping the organization's financial strategy and maintaining its fiscal well-being so that all requirements for internal and external audits are met and are in compliance with relevant financial regulation and legislation, while also managing the finance team. The successful incumbent will be reporting directly to the Chief Financial Officer.

Qualifications

Minimum qualification, experience, and skills requirements:

To qualify for this position, candidates need to be in possession of a Bachelor's Degree or NQF Level 7 qualification in Accounting/Finance

Postgraduate Degree or NQF Level 9 qualification in Accounting/Finance will be added advantage.

Registration at a recognised or international professional body.

At least have minimum of 10 years in Accounting or Finance and 3 years working experience in a management role.

Have the following technical skills:

Managerial finance and budgeting.

Knowledge and understanding of the Public Finance Management Act (PFMA), Treasury Regulations and Generally Recognise Accounting Practices

Knowledge of Auditor-General requirements

Knowledge of the State Procurement Policies and Practices

Knowledge of Accounting systems and packages

Knowledge of Auditing and Accounting Practices

Business report-writing

Project Management

Proactively seek to improve processes/systems/procedures/functions and guide others to achieve organisational goals

Analysis: Ability to recognize trends or associations between data. Identifies strengths, weaknesses, opportunities, and threats associated with service/process/ procedure or products

Ability to lead and manage people effectively; and the following behavioural skills:

Exceptional leadership and team management skills

Excellent communication and interpersonal abilities.

Strategic mindset with a focus on long-term financial sustainability

Detail-oriented and highly organized

Duties & Responsibilities

Strategy Development:

Develop and execute the financial strategy in alignment with organisation's overall goals and objectives.

Provide strategic financial insights to guide decision-making processes. Lead: Performance reporting. Preparation of monthly, quarterly, and annual financial reporting as per the financial calendar. Input to the approval and processing of revenue, expenditure, and control documents, budgets, salary updates, ledger, and account maintenance and data entry. Preparation for the audit process. Resolution of audit queries and monitor and review payroll.

Manage the budgeting process for the entire Group.

Financial Leadership:

Lead the annual budgeting process, collaborating with department heads to establish comprehensive and realistic budgets.

Financial oversight over subsidiaries.

Monitor financial performance against budgets and provide regular forecasts.

Lead the development of annual capital commitment and expenditure budgets for the Finance and Supply Chain unit to successfully execute strategic plans.

Monitor and manage the annual budget and report major financial commitments, exposures, and risks to the CEO on a regular and timely basis.

Assist organisation in accessing funding for economic development. Stakeholder Relationship

Management:

Foster effective communications and ensure that appropriate relationships are maintained with the shareholders of the organisation, relevant stakeholders and agencies.

Manage and oversee the required interaction between the organisation, subsidiaries and all stakeholders.

Cultivate and promote a good corporate image.

Maintain and protect organisation's corporate brand. Good Corporate Governance & Compliance:

Provide advisory support to the Group CEO and Board on efficient financial compliance and control environment.

Lead the development of standardised Finance and Supply Chain processes, standards, and systems across the organisation.

Establish effective control and coordination mechanisms for all operations and activities of the division and take reasonable steps to ensure the integrity of the internal control and management information systems.

Ensure that all operations and activities of the unit are conducted in accordance with the PFMA, relevant regulations, the organisation's Code of Business Conduct and Ethics, sound business practices, and the other policies and practices approved by the Board. Foster a high-performance corporate culture that promotes ethical practices and encourages individual integrity, accountability, and social responsibility.

Facilitate resource availability through effective procurement processes.

Comply with organisation and divisional reporting requirements.

Compliance with tax legislation

Safeguarding of State-owned assets.

Responsibility of Asset Register

Responsibility for all insurance cover for the whole Group. Organisational Effectiveness

Continuous assessment of liquidity and solvency of all entities within the Group.

Effective and efficient cash flow management to ensure that financial commitments are honored timeously.

People Managements

Develop and maintain a sound, effective organizational structure for the delivery of Divisional Objectives.

Define roles and responsibilities and establish clear delegated authority.

Manage and monitor the performance of the staff and departments against individual performance contracts.

Monitor and manage leadership and staff development plans to ensure sound capacity building in the division.

Ensure that direct reports attend CPD training.