Head of Finance KZN

SUMMARY:
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POSITION INFO:

PERFORMANCE CRITERIA

• Uncompromising commitment to immediate communication and response to customers, suppliers and internal
stakeholders.
• Our culture depends heavily on ensuring time wasting activities are eliminated - innovation and proactivity is heavily
encouraged
• Setting team objectives/KPI’s and regular review periods
• Development of a balanced scorecard of team members
• Delivery of performance related feedback to team members
• Ensuring that reporting and data capturing functions are carried out accurately, consistently, timeously and in line with
accepted company standards
• Ensuring that company policy and procedures relating to administration are adhered to as well as all accounting and HR
functions are within statutory specifications and generally accepted accounting practices.
• Manage and maintain financial tasks according to company policy and procedure
• Adherence to statutory requirements
• Asses financial risk and strive for operational efficiencies within the organization
• Keep abreast of IFRIS disclosure changes for Small, Medium to Large entities
• Manage and control the budget
• Manage company assets, as well as the utilization and maintenance thereof
• Manage staff performance and development
• Develop innovative payment options
• Investigate off-shore solutions as company opportunities are identified
• Participate in customer acquisition where required
• Support the CEO in liaising with investors and shareholders
• Actively participate in setting strategic direction of the company

RESPONSIBILITIES 
• Preparing analytical reports for team leaders as required for business insight, innovation, and optimization – this can’t be
achieved without knowing the business end-to-end
• Ensuring that all records are in line with company procedure and accepted practices.
• Managing Administration Department: oversee and supervise the administrative function of the organization
• Managing IT Department: oversee and supervise the IT function of the organization
• Managing Payroll Administration: Monthly payroll, adjustment and tax provision journal processing
• Keep updated on taxation legislation, returns, VAT, Income Tax, capital allowances and PAYE
• Cash flow management
• Monthly administration process review and control, ensuring that deadlines are met in line with requirements
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
• Preparation of value-adding monthly results, sub-packs for MANCO, EXCO and board reports, with insights, as and when
required
• Review of monthly results corrections where required
• Quarterly submission of bank facility, investor covenant calculations and schedules
• Monthly asset review for movements, additions and disposals per budget, review of recording on asset registers
• Ensure all statutory requirements of the organization are complied with i.e. monthly VAT reconciliation, returns submission
on e-filing and payment
• Daily management of banking system processing, releasing of creditors banking details, releasing of payments to creditors,
signatory on banking instruments
• Establish guidelines for annual budget and forecast preparation, and prepare the annual budget in consultation with the
CFO and CEO
• Annual Insurance review
• Preparation of bi-annual reporting and financial statements, including mapping of Trial Balance for integration into group
financial reports
• Responsible for annual year end audits, tax computations and post audit processing, filing of tax returns

Investigate, initiate and then: Participation and liaison regarding company short term insurance and provident fund
• Monthly review of final payroll processing, reconciliations, submissions of returns and releasing of payments and creditor
details on banking system
• Daily review of age analysis, assisting with collection issues
• Liaison with attorneys regarding collections
• Monthly review regarding credit and industry credit issues
• Authorizing and reviewing credit limits and credit facility applications
• Ad Hoc project input pertaining to IT and/or Admin Department
• Ensuring effective utilization of Human Resource Policies & Procedure in relation to Recruitment, Training & Development,
Performance Management, Disciplinary and Grievance procedures
• Bi-annual Performance Development Discussion processing for HR training planning and performance management
processes
• Prepare all supporting information for internal audits
• Assist with, explore, research, propose and manage innovative solutions and approaches
• Involvement in strategic company structure optimization and all B-BBEE strategies
• As a member of the Executive Team, identify, analyze and participate in strategic growth opportunities
• Act as a gate-keeper for ISO initiatives and compliance

QUALIFICATIONS / BACKGROUND / EXPERIENCE
• At least 5 years Team management experience
• FSP, Logistics knowledge, dealership experience – a plus
• Good knowledge of innovative solutions and technologies
• Good knowledge of Business Intelligence
• Coaching/Quality experience an added advantage
• Qualification: CA(SA)
• Sound verbal, written and telephonic communication skills in English
• Advanced computer literacy (Microsoft Office, Word, Excel, Powerpoint)
• Experience in the banking and/or insurance industry (or other FSP) an advantage

INTERPERSONAL/TECHNICAL SKILLS
• Process and system knowledge essential
• Tax and Accounting knowledge
• Pedantic with detail and troubleshooting issues
• Problem solving, analytical/investigative skills skills
• Planning and organizing skills
• Client Service orientated
• Sense of urgency in attending to issues and resolving problems
• Precise and accurate attention to detail – deadline driven
• Energetic and flexible disposition
• Ability to work under pressure and as part of a team, as well as relate to staff at all levels
• Team leader and team player
• High ability to multi-task
• Reporting skills
• Strong work ethic and high standards set for achievement
• Exciting and energetic innovator
• Keen desire to be part of a business as a partner to growth and success

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