Finance Manager

Found in: Talent ZA C2 - 2 weeks ago

Randburg, South Africa SPECD (Pty) Ltd Full time

We are currently seeking a qualified candidate to fill the position of a FINANCE MANAGER.

 As a senior manager in finance, the role will support the Deputy CFO in the administrative, financial, and risk management operations of the organisation, specifically on the APACE project, managing daily operations, reporting accurate financial results, and implementing financial procedures to improve/maintain the financial health of the organisation and provide efficient functioning and delivery of all finance aspects on the APACE project.

JOB DESCRIPTION:
 
 
Job Title:                    Finance Manager
Job Type:                   12 Months Fixed -Term Contract
Job Industry:             NGO - Heath Sector
Location:                    Parktown, Johannesburg

KEY DUTIES AND RESPONSIBILITIES:

1.  Financial Management and Reporting:
  • Manage daily functions to ensure the financial infrastructure is stable and supports the future demands of the organisation.
  • Manage daily operations by:
    • Verifying the accuracy and quality of all financial information ensuring it is maintained in terms of international financial reporting standards and generally accepted accounting practices.
    • Ensuring that performance measures and monitoring systems are in place that support the organisation’s strategic direction.
    • Managing and overseeing that reporting, monitoring, and recording systems attain the highest standard of financial integrity.
    • Ensuring that procedures and policies are implemented in line with best industry practices.
    • Ensuring that the designed core cost structure and basis of recovery is implement monthly for the project.
    • Ensuring cash flow management of the project by monitoring cash balances and cash forecasts and tracking cash flow to ensure it is appropriate and sustainable.
    • Reviewing creditor reconciliations and ensuring they a submitted monthly, as per finance timetable.
    • Reviewing and authorising EFT payments and supporting documentation.
    • Overseeing the issuance of financial information
    • Champion excellent management of financial resources, promoting efficiency, high performance, and overall value for money.
    • Promote the review of financial policy, systems, and practices to deliver continual improvement, automation and self-service and explore systems full benefits.
  • Analyse, interpret and communicate financial and performance data, provide financial advice, and influence decision making where appropriate to achieve budget, targets, and strategies.
  • Monitor budget expenditure ensuring that expenditure is in line with what is required.
  • Ensure the timely preparation of robust budgets from a financial perspective, testing the underlying assumptions and quality assuring the cost, benefits, and mitigating risks.
  • Prepare, and when necessary, present, various reports including monthly management packs and current reports ad-hoc reports to meet reporting requirements and ad-hoc requests.
  • Responsible for collating and consolidating monthly top suppliers each month with all relevant BBBEE information.
  • Track spending of suppliers.
  • Ensure vendor registration information is consolidated in collaboration with Procurement to meet procurement requirements.

2.  People management:
  • Manage staff (in line with policies, procedures, and standards) by:
    • Partnering with HR on recruitment and induction of new team members.
    • Managing the performance review process.
    • Identifying training needs or staff support needs and ensuring that such training or support is provided.
    • Mentoring and guiding staff by facilitating regular meetings.

3.  Stakeholder management:
  • Develop relationships with relevant financial institutions, internal, external and funder auditors and stakeholders to ensure good working relations.
  • Manage and retain relationships with various vendors to meet the requirements of the organisation.

4.  Risk management:
  • Understand and mitigate key elements of the company's risk profile and support in identifying and reporting financial risks to the DCFO to ensure implementation of corrective measures and/or risks identified are mitigated to an acceptable residual risk. Ensure that record keeping meets the requirements of auditors and government agencies.

QUALIFICATIONS, SKILLS, AND EXPERIENCE REQUIREMENTS:

1.  Minimum Qualification and Experience:
  • Compt / BCom Hons.
  • At least 8 to 10 years’ progressively responsible experience in a financial management role.
  • Solid staff managerial and supervisory experience working in cross functional teams.
  • Solid knowledge of financial accounting policies and procedures.
  • Understanding of International Financial Reporting Standards.
  • Enterprise resource planning /systems experience.
 
2.  Desirable qualifications and experience:
  • CA or B.Compt / BCom Hons with articles.
  • Knowledge of donor grants and the non-profit sector.
 
3.  Behavioral Competencies and Skills:
  • Excellent communications and presentation skills in English.
  • Strategic thinking.
  • Analytical.
  • Problem solving.
  • Purposeful.
 
4.  Technical competencies and skills
  • Solid MS Office skills (especially Excel).
  • Generally Accepted Accounting Principles (GAAP).

PACKAGE & REMUNERATION:
  • Will be agreed based on qualifications, applicable experience, and previous earnings.

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