Finance Manager (Budgets)

SUMMARY:
A Finance Manager (Budgets) position is available at our Client, Wits Health Consortium in Parktown, Johannesburg, Gauteng.

POSITION INFO:

Background

Wits Health Consortium (Pty) Limited (“WHC“) is a wholly-owned Company of the University of the Witwatersrand, Johannesburg (South Africa) under its Faculty of Health Sciences. WHC provides Faculty with a legal framework within which to operate the research and other activities necessary to support its academic objectives. In addition, WHC offers a range of products and services to the Academics conducting these activities in order to assist with the management thereof.

Main purpose of the job:

To provide a strategic financial and administrative framework within which the Grants departments are able to function optimally and to provide leadership with regard to all financial matters

Location:
31 Princess of Wales Terrace, Parktown

Key performance areas:
Budgeting – Proposals and Applications

• Design effective policies on the budgeting and application process.
• Design effective budget templates for the company.
• Drafting new and renewal budgets.
• Assistance on the application of new grants.
• Manage all aspects of the proposal and application process.
• Provide input to develop an annual budget for WHC.
• Communicate and maintain relationships with clients, upper management, and support staff to ensure that the proposal process runs at high efficiency 

Financial management and reporting (division and donor)

• Develop and implement financial strategies and activities aligned with the divisional needs.
• Manage the consolidation of relevant financial reporting data.
• Analyze expense variance to budget and provide reasons for material variances.
• Manage and review all month-end and year-end closing activities and prepare month-end and year-end financial statements for the Division.
• Monitor the budget through effective internal controls.
• Manage expenditures and report any irregularities or material variances to the budget.
• Manage cost recovery from projects.
• Oversee cash flow planning and management and ensure availability of funds as needed.
• Produce accurate financial reports within set deadlines to relevant stakeholders.
• Perform trend analysis and make recommendations.

Ensure compliance with donor requirements and management of audits:

• Ensuring all costs incurred by the division are compliant with WHC policies as well as donor rules which includes the planning of audits.
• Liaising with WHC Compliance, donors, and auditors on issues raised and resolving such issues.

Stakeholder liaison, customer service, and financial advice:

• Gain a full understanding of the division’s financial needs and communicate with senior management (including Leadership Groups) regarding cash flow and business developments.

Staff management:

• Attend to all staffing requirements and administration.
• Supervise and manage the duties of subordinates to ensure optimal staff utilization and maintenance of sound labour relations.

Required minimum education and training

• B.Com (Accounting)

Required minimum work experience

• Minimum 5 years experience in Accounting and/or Financial Management
• Minimum 3 years experience in budgeting

Desirable additional education, work experience, and personal abilities

• Experience working in a donor-funded organization or NGO.
• Knowledge of Microsoft Office and the accounting package.
• Advance Excel is preferable.
• Must have a dynamic and compatible personality able to deal with clients, donors, and staff at all levels.
• Self-motivated, able to work independently, and work as part of a multidisciplinary team.
• May be required to work overtime.
• Demonstrated ability to work with minimal guidance and proactively seek guidance on very complex tasks. 

TO APPLY

• Only if you do meet the minimum job requirements and experience as mentioned above, you may submit a detailed updated CV - Please Apply Online
• Please take note that the applicants who do not adhere to the above criteria will not be considered for the respective position.
• The closing date for all applications is 05 August 2021.
• Wits Health Consortium will only respond to shortlisted candidates.
• Candidates who have not been contacted within two weeks of the closing date can consider their applications to be unsuccessful.
• In accordance with our Employment Equity goals and plan, preference will be given to suitable applicants from designated groups as defined in the Employment Equity Act 55 of 1998 and subsequent amendments thereto.

Please note that AJ PERSONNEL is only responsible for advertising the advertisement on behalf of their client Wits Health Consortium.

AJ Personnel does not have any salary or other information regarding the position. 

NB! This job is now closed. You can apply for other jobs by uploading your CV.