About the position
Reporting to the Divisional Manager: Financial Accounting, the Manager: Budgeting, Performance Monitoring & Reporting will oversee IDFC's financial and management accounting systems, ensuring compliance and accurancy.
- Prepare and review IFRS-compliant consolidated financial statements, ensuring accuracy, transparency, and compliance with accounting standards.
- Manage the full budgeting process in line with the PFMA, including preparation, monitoring, allocation, and oversight of resources.
- Lead group reporting processes, including consolidation of results, preparation of management packs, and board-level reporting.
- Manage and coordinate the external audit process, including audit planning, engagement with auditors, and resolution of audit findings.
- Oversee compliance reporting to regulatory authorities, National Treasury, EDTEA, and other stakeholders.
- Manage monthly accounting cycles and provide guidance on ledger structures and budget updates.
- Design, customise, and enhance financial reports to support management analysis and informed decision-making.
- Develop financial models, cash flow statements, and loan interest calculations.
- Analyse budget variances and recommend corrective actions to improve cost efficiency and income generation.
- Lead bi-annual budgeting processes and support divisional managers in aligning budgets with organisational goals.
- Monitor financial policies, identify improvement areas, and strengthen financial controls.
- Lead investigations to improve reporting processes, reduce costs, and enhance revenue opportunities.
- Oversee year-end financial processes, including timetables and final reconciliations.
- Identify staff training and development needs and provide appropriate support to enhance performance.
Qualifications
- Qualified Chartered Accountant (CA/SA)
- 8 years or more experience in a Financial Management role of which 3 years of experience at a supervisory level
- 3 years experience in the preparation of finanical statements
- Proven competency in JD Edwards (JDE) financial systems
Strong working knowledge of IFRS and PFMA
Proven experience in group consolidations, audit management, and financial systems
Extensive experience in financial management, budgeting, performance monitoring, and reporting, preferably within a public sector or development finance environment.
Desired Skills:
- CA (SA)
- Caseware
- PFMA
- Budget Management
Desired Qualification Level:
