Financial Executive

SUMMARY:
This role will provide strategic direction for the finance function, while maintaining accountability for financial reporting, financial management and compliance with the applicable regulatory and legal requirements of the organisation.

POSITION INFO:
Roles and Responsibilities:

• Position finance systems, policies and processes to enhance efficiency and effectiveness of the Foundation
• Drive institutional budgeting process, implement robust budget monitoring systems and review mechanisms, recommending cost reduction strategies and the correct allocation of budgets
• Oversee the taxation affairs of the organisation
• Contribute to income generation strategies, and input on fundraising plans and proposals
• Stay abreast of changes to legislation and regulatory requirements for the NPO sector
• Continually conduct risk management analysis on the financial health of the organisation
• Oversee cash flow movements and cash flow requirements and ensure that appropriate treasury controls are in place
• Supervise the management of the internal and audit processes, ensuring that recommendations are implemented and audit issues are resolved
• Oversee the preparation of the annual financial statements
• Oversee commercial decision-making, when necessary, in relation to licensing agreements, merchandise sales and royalty income
• Drive the recruitment, training, mentoring and development of new staff members
• Present finance reports to the Board of Trustees and relevant sub-committees
• Cultivate and maintain positive and conducive working relationships with staff and stakeholders
• Drive internal compliance with financial policies, processes and systems

• Post-graduate Degree in Finance/Financial Management or Accounting
• Membership with relevant professional body (SAICA, CIMA, SAIPA etc.)
• 5-7 years applied experience in accounting/finance/management accounting/business management
• 3-5 years management experience
• NGO/NPO experience advantageous
• Corporate governance and ethics; King III/IV, risk management, finance management, Company and NPO Acts, and the purpose and duties of Boards