Finance Manager
- Parktown, Johannesburg
- Contract
- Full-time
Job Type: 12 Months Fixed -Term Contract
Job Industry: NGO - Heath Sector
Location: Parktown, JohannesburgKEY DUTIES AND RESPONSIBILITIES:1. Financial Management and Reporting:
- Manage daily functions to ensure the financial infrastructure is stable and supports the future demands of the organisation.
- Manage daily operations by:
- Verifying the accuracy and quality of all financial information ensuring it is maintained in terms of international financial reporting standards and generally accepted accounting practices.
- Ensuring that performance measures and monitoring systems are in place that support the organisation’s strategic direction.
- Managing and overseeing that reporting, monitoring, and recording systems attain the highest standard of financial integrity.
- Ensuring that procedures and policies are implemented in line with best industry practices.
- Ensuring that the designed core cost structure and basis of recovery is implement monthly for the project.
- Ensuring cash flow management of the project by monitoring cash balances and cash forecasts and tracking cash flow to ensure it is appropriate and sustainable.
- Reviewing creditor reconciliations and ensuring they a submitted monthly, as per finance timetable.
- Reviewing and authorising EFT payments and supporting documentation.
- Overseeing the issuance of financial information
- Champion excellent management of financial resources, promoting efficiency, high performance, and overall value for money.
- Promote the review of financial policy, systems, and practices to deliver continual improvement, automation and self-service and explore systems full benefits.
- Analyse, interpret and communicate financial and performance data, provide financial advice, and influence decision making where appropriate to achieve budget, targets, and strategies.
- Monitor budget expenditure ensuring that expenditure is in line with what is required.
- Ensure the timely preparation of robust budgets from a financial perspective, testing the underlying assumptions and quality assuring the cost, benefits, and mitigating risks.
- Prepare, and when necessary, present, various reports including monthly management packs and current reports ad-hoc reports to meet reporting requirements and ad-hoc requests.
- Responsible for collating and consolidating monthly top suppliers each month with all relevant BBBEE information.
- Track spending of suppliers.
- Ensure vendor registration information is consolidated in collaboration with Procurement to meet procurement requirements.
- Manage staff (in line with policies, procedures, and standards) by:
- Partnering with HR on recruitment and induction of new team members.
- Managing the performance review process.
- Identifying training needs or staff support needs and ensuring that such training or support is provided.
- Mentoring and guiding staff by facilitating regular meetings.
- Develop relationships with relevant financial institutions, internal, external and funder auditors and stakeholders to ensure good working relations.
- Manage and retain relationships with various vendors to meet the requirements of the organisation.
- Understand and mitigate key elements of the company's risk profile and support in identifying and reporting financial risks to the DCFO to ensure implementation of corrective measures and/or risks identified are mitigated to an acceptable residual risk. Ensure that record keeping meets the requirements of auditors and government agencies.
- Compt / BCom Hons.
- At least 8 to 10 years’ progressively responsible experience in a financial management role.
- Solid staff managerial and supervisory experience working in cross functional teams.
- Solid knowledge of financial accounting policies and procedures.
- Understanding of International Financial Reporting Standards.
- Enterprise resource planning /systems experience.
- CA or B.Compt / BCom Hons with articles.
- Knowledge of donor grants and the non-profit sector.
- Excellent communications and presentation skills in English.
- Strategic thinking.
- Analytical.
- Problem solving.
- Purposeful.
- Solid MS Office skills (especially Excel).
- Generally Accepted Accounting Principles (GAAP).
- Will be agreed based on qualifications, applicable experience, and previous earnings.