SUMMARY:
- Lead towards the strategic management and alignment of the finance function
- Ensure the Integrity of financial (recording, treatment, disclosure) and management accounting (relevant, timeous, measurable, and value-added) information
- Create and maintain capacity (time, skill, and physical people) within Finance to respond effectively to growth and development
- Ensuring financial statements comply with applicable accounting standards (IFRS/GRAP) · Design and align financial management processes in response to the environment within which the company operates.
POSITION INFO:
MINIMUM REQUIREMENTS
- CA (SA)
- 10 years of financial management and reporting experience in the financial services sector, with a preference for treasury exposure.
- Minimum 5 years of senior management experience, with proven experience managing a team
- Strong technical and working experience in IFRS / GRAP
THE KEY PERFORMANCE AREAS OF THE ROLE IN FOCUS ARE:
- Manage and embed strategic alignment in response to growth and development
- Embed strategic alignment of the Finance Team · Ensure that Finance processes are integrated into the organisation
- Continually assess team capacity against changing business needs.
- Create and maintain relevant infrastructures, policies, processes, and systems within Finance, as new projects are mandated to the Company.
- Year End
- Play an oversight role over the entire year-end process.
- Review the draft annual financial statements and ensure that they are prepared in accordance with the accounting standards.
- Present the Annual Financial Statements to EXCO, Board Committees, and Board for approval
- Ensure that Annual financial statements are complete and accurate and free from errors resulting in an unqualified audit opinion.
- Liaison and coordination with internal and external auditors.
- Discussion of and resolving of audit queries and adjustments.
- Annual Budget Cycle
- Oversight role over the entire budget process.
- Quality control over the integrity of numbers and variance explanations.
- Present actual versus budget, actual/forecast, and new year budget to EXCO, Board Committees and Board for approval.
- Financial Reporting
- Complete and accurate financial information presented to the CFO, EXCO, and various related committees.
- Resolve any financial reporting problems that arise effectively and efficiently.
- Ensure overall compliance with tax legislation. · Implement and maintain financial models for the Company.
- Ensure all financial reporting as per funding agreements with lenders is met.
- Contribute to the preparation of the Annual Report.
- People Management and Development
- Be accountable for the strategic alignment of the team
- Translate strategic alignment into understandable actions
- Create development opportunities to keep the team up to date, challenged, and enthusiastic
- Responsible for overall team well-being
- Strategic Liaison and Assurance
- Quality and timeous liaison with stakeholders, external parties, as well as with internal divisions.
- Prepare lessons learned on completed projects.
