Financial Manager
189Xchange
- Johannesburg, Gauteng
- Permanent
- Full-time
- 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.
- 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
- 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
- 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.
- Ensure Fund’s assets are acquired, depreciated, maintained and disposed off in line with relevant policies.
- 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.
- 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.
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