SUMMARY:
Our client is seeking to employ a Finance Manager to join their team - you will have overall accountability for financial management and the management of the financial staff within the team (4 direct reports).
POSITION INFO:
Requirements:
- A BCom Honours degree or equivalent
- At least seven years’ working experience in a complex and multi-dimensional financial department
- At least five years at management level
- Chartered Accountant (SA) or CIMA qualifications
- Excellent experience in analysing and interpreting financial data and complex financial reporting
- Project accounting experience
- In depth experience in dealing with various internal and external stakeholders such as auditors, suppliers, industry funders, etc
- Understanding of legislation applicable to a state-owned entity and working experience in such an entity
Responsibilities include but not limited to:
- Guide and assist the business with budgeting and forecasting processes;
- Prepare and provide monthly financial reports;
- Develop, prepare and provide standard and on-request financial reports and data analysis of business activities or stakeholder financial contract information;
- Prepare stakeholder specific reports, including cash flow reports and forecasts and participate in management meetings;
- Obtain an understanding of the unit financial environment by pro-actively analysing and interpreting data and reports;
- Review customer and supplier agreements to mitigate risk and maximise cash flow;
- Implementation of effective contract management process that ensures compliance with IFRS 15, cost control and that invoicing is done timely and in line with contract;
- Identify and determine the impact of stakeholder requirements on financial reporting for timeous and accurate submission of financial information;
- Review planned purchases of property, plant and equipment to assess financial risks, availability of funding, payment terms and conditions, legislative requirements for importing and the return on investment;
- Participate in Procurement Selection Committees;
- Review classification and useful life of assets to ensure adherence to accounting policies;
- Ensure that customer contracts are accurately captured and administered in the financial system;
- Manage, direct and advise relevant staff on month end, quarter end and year end processes;
- Identify gaps for training or development of staff to assist with skills retention and succession
