About the position
The key purpose of this role is the day to day management of the Finance department to ensure efficient running of the unit and accurate reporting of accounts.
KEY ACCOUNTABILITIES, MEASURES & INTERFACES
Under the direct supervision of the Chief Financial Officer, the Head of Finance will be responsible for:
- Develop, maintain and implement proper operational controls for financial efficiency;
- Ensure complete operational compliance with manuals and policies, Board and Management financial instructions and any applicable agreements/regulations;
- Update the policies timeously with the changes in the regulations and instructions from Board and Management
- Ensure that proper books of accounts of the company are kept;
- Ensure that financial reports (including performance analysis and statutory returns) are timeously prepared for stakeholders such as Board and Management, Prudential Authority, Financial Sector Conduct Authority, National Treasury, SARS and the DTIC;
- Prepare the Annual Financial Statements in accordance to IFRS and company accounting policies;
- Ensure that all standing instructions requiring any input control or action by the finance department are met and observed precisely and correctly at all times;
- Supervise the work performed by the Reporting accountant;
- Manage relationship with internal and external stakeholders;
- Co-ordinate with internal and external auditors;
- Ensure compliance with tax legislation;
- Responsible for the implementation of new accounting standards e.g. preparation of the implementation plan and related deliverables;
- Coordinate with the CFO on the best practice to manage company financial resources ;
- Keep the CFO fully informed at all times of any adverse or changed or unusual circumstances which may affect the corporation's financial position.
- Ad-hoc activities as requested by the CFO
Key Measures
- Number of audit observations;
- Compliance with procedural and legislative requirements;
- Management of client relationships and key stakeholders;
- Management of budget including operational expenses.
- Timeous submission of accurate financial reports
Key Interfaces
- CFO
- Head of Financial Accounting
- Other business unit particularly Risk Management, Legal, Underwriting, Actuarial and Investment
- Company Executives and Managers
- Internal and External Auditors
QUALIFICATIONS & EXPERIENCE
- Qualified as a CA with strong technical expertise;
- At least 5 year post article experience in a finance unit in a supervisory or management level. Advantage will be given to individuals from the financial and/or insurance industry;
- Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics or similar accounting system;
SKILLS & ABILITIES
Strict attention to detail and deadline orientated;
- Knowledge: IFRS, Tax, Auditing, PFMA
- Strong commercial awareness; Strong business acumen
- Strong financial statement analysis skills
- An excellent communication skills in written and spoken English;
- An ability to work in a multi-cultural environment.
- Ability to communicate verbally and in writing at all levels ;
- Ability to coordinate and manage multiple functions;
- Ability to forge relationships with other areas of the business and at all levels;
- Strong aptitude for problem resolution and decision making;
- Able to demonstrate a high degree of integrity;
- Problem solving skills to identify issues and present creative and practical solutions;
- Excellent analytical skills;
Desired Skills:
About The Employer:
Join a well established company based in Centurion for a Fixed-Term period of 12 months.
