Financial Manager

SUMMARY:
Our client, one of the biggest Pension/Retirement Fund in SA, seeks to employ an experienced Financial Manager.

POSITION INFO:

Act as financial custodian for Organization

• Determine and implement policies, procedures and processes for Finance in line with the wider organizational Finance policies, regulatory/statutory requirements and good practice
• Periodically review the extent to which policies, procedures and processes are adhered to and take corrective action where needed.
• Establish and implement the necessary governance and decision-making frameworks within Finance.

Manage the annual budgeting process

• Lead the annual budget process for the Fund.
• Proactively manage costs against approved budget, provide meaningful
• variance analysis reports and ensure corrective action is taken.
• Undertake periodic cost reviews and identify areas for cost optimisation
• Identify and assess applicable cost metrics, track and report on these regularly

Manage the Financial Reporting process

• Generate monthly management accounts and flash reports, as required.
• Develop monthly financial reports and present to relevant Management, Executive and Fund Committees for approval, reflecting accurate information by due dates.
• Generate Annual Financial Statements in compliance with accounting standards and regulatory requirements and oversee the external audit process in line with annual reporting plan.
• Lead the Integrated Report for CFO finalisation and approval.

• Stakeholder management and finance business partnering support
• Provide financial governance and oversight for organizations projects
• Plan and lead finance projects to ensure that they are successfully implemented against plan and managed within cost and time constraints.
• Oversee Accounts Receivable and Payable and Cash Management and Taxation

Manage Accounting processes

• Ensure accurate and timely of posting and updating to General Ledger
• Oversee the maintenance of the chart of accounts and accounts groups in terms of completeness and accuracy.
• Oversee month-end and year-end journal entries in accordance with stipulated policy and procedure.

Oversee Asset Management

• Ensure Fund’s assets are acquired, depreciated, maintained and disposed off in line with relevant policies.

People Leadership

• Lead, guide and manage direct reports and other members of the team,
• Ensure sufficient capable resources are in place to meet service and value delivery to stakeholders, maintaining the effective and efficient capability of the department.
• Build a high performing team where the best people are deployed in the right roles and deliver against strategy.
• Ensure that all employees are motivated, developed and sufficiently
• rewarded and recognised.
• Manage employees’ performance and ensure that their individual and collective performance is of the required standard.

Duties of the SAICA CA(SA) Reviewer, Evaluator and Assessor

• Attend refresher training on a regular basis.
• Meet with the CA Trainees prior to the beginning of a rotation and the content of the meeting shall cover the items listed on page 23 of the Reviewer Training manual.
• Monitor the trainee’s performance on an on-going basis and provide regular feedback to the trainee.
• Complete the Technical Skills Review and Professional Skills Review as defined by the organizational guideline (policy).
• Complete evaluations as defined by the organizational guidelines.
• When required act as an assessor as defined by the organizations guidelines and SAICA requirements.

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