Finance Manager (5 months FTC)

SUMMARY:
Finance Manager (5 months FTC)

POSITION INFO:

Reporting to the CFO, ensure control of financial administration, and to assist the Chief Financial Officer in monitoring enforcement of guidelines and provide guidance on all administrative processes of the organisation, in order to achieve full compliance with all relevant financial standards, policies and regulations.

Financial Management

• Develop and update financial policies and provide inputs for other unit managers’ policies.
• Implement processes to ensure internal control improvement to avoid recurrence of audit findings. 
• Propose and implement improvements in accounting and reporting systems along with internal controls to facilitate accurate and timely reporting.
• Provide support to the CFO in implementing strategic and operational plans of the Finance unit.
• Preparation and review of the annual budgeting process.
• Provide advisory and support to MICT SETA management and staff on financial matters of the organisations, including budget monitoring.
• Ensure that MICT SETA expenses are properly managed within available resources.
• Oversee the internal and external audit process and ensure all documents needed for the audit are provided.

Monthly management accounts 

• Review monthly general ledger and monthly trial balance in order ensure completeness and accuracy of all processed transactions.
• Accurate reconciliations of monthly management of general ledger accounts, with reconciling items resolved within a reasonable period.
• Monthly budget vs actual variance reports, including variance commentary.
• Process and / or review of general ledger journals.
• Review all financial account reconciliations performed in the Finance Unit.
• Adherence to month end reporting timelines.

 Management and control

• Manage accounts processing and payment of accounts payable in term of GRAP and applicable National Treasury regulations and/or instruction notes.
• Ensures that payments are done within the prescribed timelines.
• Ensure tracking of any discrepancies and queries on accounts.
• Manage and monitor levies revenue received by MICT SETA for implementation of its mandate.
• Review all payment batches for compliance and accuracy prior to being loaded on FNB.

Reporting and Compliance 

• Ensure compliance with GRAP/IFRS, PFMA, Treasury Regulations, Guidelines and other applicable Prescripts. 

• Prepare annual financial statements and interim financial statements that are GRAP compliant.
• Ensure that all standard operating procedures and policies have been updated.

Asset Management 

• Manage asset acquisition, management, maintenance, and disposal thereof are accordance with MICT SETA’s policy guidelines and performance standards.
• Ensure that assets and consumables registers are in place, accurate, and updated at the predetermined time.
• Make sure that asset register is reconciled with acquisitions on a monthly basis.

People Management

• Provide leadership and guidance to the Finance and SCM teams.
• Provide appropriate supervision to subordinates and provide relevant training and mentoring. 
• Manage key performance areas of directly reporting staff members to ensure achievement of the agreed objectives. 
• Assign responsibilities and ensure effective task authorisation protocols are in place.

 Minimum requirements:

• B.Com Accounting degree or equivalent 
• A post graduate qualification in Finance or equivalent. Completed Articles
• CA (SA), CIMA preferred
• Completed Articles with at least three years post Articles experience that include working practically in the accounting environment
• Exposure to both private sector and public sector experience in financial and management accounting
• Experience in accounting, auditing and budget management, with a minimum of 2 years management experience

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