Head: Finance Unit

Recruiter:

The Hiring House

Job Ref:

JHB000104/AT

Date posted:

Thursday, May 25, 2023

Location:

Centurion, South Africa

SUMMARY:

A client of ours in the Financial Services sector is seeking to employ a Head: Finance Unit. The role is permanent and based in the Gauteng region with a hybrid model being implemented.The key purpose of this role is the day to day management of the Finance department to ensure efficient running of the unit and accurate reporting of accounts.

POSITION INFO:

KEY ACCOUNTABILITIES, MEASURES & INTERFACES
Under the direct supervision of the Chief Financial Officer, the Head of Finance will be responsible for:

Develop, maintain and implement proper operational controls for financial efficiency;
Ensure complete operational compliance with manuals and policies, Board and Management financial instructions and any applicable agreements/regulations;
Update the policies timeously with the changes in the regulations and instructions from Board and Management
Ensure that proper books of accounts of the company are kept;
Manage monthly closure of accounts and ensure compliance with the company's
accounting policy and procedure;
Ensure that financial reports (including performance analysis and statutory returns) are timeously prepared for stakeholders such as Board and Management, Prudential Authority, Financial Sector Conduct Authority, National Treasury, SARS and the DTIC;
Prepare the Annual Financial Statements in accordance to IFRS and the company's accounting policies;
Ensure that cash-flow projections are done on a weekly basis and that the corporate is liquid
Ensure that suppliers are paid on time and in compliant with the Treasury Regulations
Ensure collection of income from customers
Ensure that all standing instructions requiring any input control or action by the finance department are met and observed precisely and correctly at all times;

Supervise the work performed by the finance team ensuring all items are timely and properly booked and trial balance is fully reconciled on a monthly basis;
Manage relationship with internal and external stakeholders;
Prepare the Corporate strategic budget and quarterly forecasts and
proactively assist in the management of the annual budgeting process;
Co-ordinate with internal and external auditors;
Ensure compliance with tax legislation;
Responsible for the implementation of new accounting standards e.g. preparation of the implementation plan and related deliverables;
Approval of purchase requisitions in line with the procurement policy.
Coordinate with the CFO on the best practice to manage the company's financial
resources ;
Keep the CFO fully informed at all times of any adverse or changed or unusual circumstances which may affect the corporation’s financial position.

Key Measures

Number of audit observations;
Compliance with procedural and legislative requirements;
Management of client relationships and key stakeholders;
Management of budget including operational expenses.
Timeous submission of accurate financial reports

Qualifications & Experience

Qualified as a CA with strong technical expertise;
At least 5 year post article experience in a finance unit in a supervisory or management level. Preference will be given to individuals from the financial and/or insurance industry;
Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics or similar accounting system;

SKILLS & ABILITIES
The incumbent should have demonstrated the following competencies:

Knowledge: IFRS, Tax, Auditing, PFMA
Strong commercial awareness; Strong business acumen
Strong financial statement analysis skills
An excellent communication skills in written and spoken English;
An ability to work in a multi-cultural environment.
Ability to communicate verbally and in writing at all levels ;

Please call us on 010 0300127

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

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