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20 Nov 2018

Full-Time Group Manager: Finance Central

PMDMS – Posted by Boitumelo Pretoria, Gauteng, South Africa

Job Description

The successful incumbent will effectively lead and manage the central finance department to provide effective, efficient, responsive financial administrative support services that enable the business of the company and will be responsible to ensure financial statutory compliance based on technical knowledge, legislative insight, organisational knowledge, business processes and financial reporting systems. This position is based in Pretoria
Support and assist the Chief Financial Officer with the implementation of the strategy, operational plan and goals within the prescribed legislative framework;

? Review, improve and implement business processes that meet and adapt to the legal and organisational requirements and align these with changes in the strategy and business objectives;

? Provide input on financial business application requirements for compliant and effective statutory financial reporting to mitigate risks and achieve business goals;

? Assist and advise stakeholders engaging with the company to ensure an understanding of the business environment, legal framework, business processes and solutions as well as the impact of changes to legislation on the organisation’s finance function;

? Advise executive and management of changes to legislative requirements that will have an operational impact on the business environment in the short and long term;

? Ensure effective and efficient financial resource management to enable the organisation to meet its obligations;

? Support effective fixed asset management though accurate recording of asset information, custodians and locations of asset, safeguarding, verifying, useful life assessment and assisting with asset replacement planning;

? Prepare and recommend the company borrowing plan for approval by the Minister of Finance and manage the financial instruments issued against approved limits;

? Ensure that facilities approved by financial institution will be sufficient to meet the organisational demands;

? Plan and coordinate internal and external statutory and compliance audit and action findings to improve the control environment;

? Oversee the reconciliation and administration of the Comany Parliamentary Grant (PG) allocation;

? Oversee the provision of PG information for decision making and verification against the submissions

Direct and oversee the financial, resource and business process management of the central finance departments;
? Provide standard, specialized and on-request financial information and analysis to be used for decision making purposes
? Report to various stakeholders in terms of the Public Finance Management Act (PFMA) requirements, including financial performance indicators;
? Provide annual financial statements and ensure financial records for the Company are complete and accurate;
? Establish and advise the organisation on requirements to maintain an efficient and effective financial control environment and high governance standards;
? Review relevant Company financial policies regularly to ensure they remain relevant as well as advise and implement improved procedures and processes to mitigate financial risks;
? Inform and assist executive and management on operational and business risks that impact on the statutory compliance of the Company including advise on control deficiencies, financial and reputational risks;
? Obtain approval and ensure compliance with Treasury and the South African Reserve Bank on transacting in foreign currencies

Job Requirements

A Chartered Accountant (SA) qualification with at least seven years’ experience working as a senior member of a finance team, of which five years’ must be in Public Entities or State owned Enterprises; ? Excellent leadership and communication skills; ? Experience in managing a large group of staff; ? Working knowledge of financial business systems, trends and integration points; ? Ability to design and structure a finance support function that will provide efficient and effective support to the business; ? Ability to build a successful team and strategic relationships; ? Planning, organising, flexibility and adaptability skills; ? Analytical thinking and problem solving skills; ? Attention to detail and financial acumen

Job Categories: Financial Management. Job Types: Full-Time. Salaries: Market Related.

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