About the position
Manager: Finance & Governance
Johannesburg North
Full Time, Fixed Term Contract
Reports to: Managing Director
Role Overview
The organization seeks an experienced, driven, and innovative finance professional to join our catalytic team as a Finance Manager driving and managing all aspects of the entity's finance function.
The Finance Manager will hold a very vertical finance function in the organization - you are the full finance team! - leading the strategic, innovation, and operational elements of the organization's finance needs. While the role is a vertical one, you will have the opportunity to work across the team, with members of the Shared Finance Services team, and with relevant donor, investor, and board-level stakeholders.
The Finance Manager will be expected to oversee and hold all aspects of the organization's accounting, strategic financial management, budget planning and management, and board- and donor-facing financial reporting as required as well be responsible for the governance and compliance related matters of the organisation.
Roles and responsibilities
- Strategic Management
- Provide strategic input regarding various aspects of budget processes and long-term business plans
- Ensure that the organisation's financial systems, procedures and controls are effective, efficient, and in line with best practice
- Recruit and manage staff to augment and strengthen the Finance Team's capacity and performance
- b) Budgeting and Forecasting
- Determine and compile the annual budget in collaboration with the Managing Director for Board approval
- Liaise with Partner finance managers and CFOs
- Monitor and manage the cash flow requirements of the organisation and individual projects, identifying variances and ensuring that the necessary follow up action is taken
- Prepare income and expenditure forecasts for the organisation
- c) Financial Management and Reporting
- Drive and manage all financial reporting, including written reports, for private and public sector funders
- Build and strengthen relationships with funder/investor financial managers as relevant and required
- Ensure that monthly expense reports are prepared in accordance with funder-specific requirements
- Ensure that the organisation's finances are managed and accounted for in an effective, transparent and sustainable manner, in accordance with IFRS
- Review monthly general ledger accounts prepared by the Finance Administrator
- Ensure that all relevant journals are processed on a monthly and annual basis
- Review monthly management account reports prepared by the Finance Administrator to ensure that they are in line with Board and entity requirements
- Prepare and present quarterly submission of the financial reports to the Board of Directors
- d) Key Performance Areas Activities
- Ensure statutory compliance with the Company's Act, VAT Act, Labour Law and the Income Tax Act
- Collate and submit the monthly payroll to the Payroll Administrator, ensuring that all information is correct
- Review supporting documentation and authorise staff expense EFT payments
- Construct and monitor reliable control systems
- Oversee that cash flow is appropriate and well managed for the organisation's operations
- e) Audit
- Ensure that the statutory annual financial statements are prepared in terms of IFRS
- Liaise and manage the relationship with External auditors
- Ensure that all queries and audit issues identified are addressed and resolved timeously.
- Present the annual financial statements and audit report to the Managing Director before finally presenting them to the Board of Directors for signature
- f) General
- Assist with any reasonable requests or tasks that ensure the success of organization
Qualifications and Experience
Qualifications
- BCom Financial Management / BCom Accounting/CA Qualifications (will be advantageous)
- 5 years' experience in a financial management role
- Membership of the South African Institute of Chartered Accountants is beneficial
Experience
- Experience with SAGE and XERO accounting systems preferred
- Advanced proficiency in MS Office - including Word, Excel, PowerPoint and Outlook
- Expertise with procedures and processes required for adequate planning, monitoring, and re-aligning of budgets
- Experience working in a lean finance team environment is preferable
Qualities
- Strong English verbal and written communication skills
- Willingness to get your hands dirty
- Excellent analytical and organisational skills
- Strong detail orientation
- Strong strategic planning and management skills
- Ability to work independently and in teams, flexibility and appetite to work in a lean, start-up environment focused on social impact and social return on investment
- Ability and preference to use own initiative and take ownership of his/her tasks, and work independently
- Honesty and integrity
Location, Hours and Travel
This position is based in Johannesburg North. It is a full-time office based permanent role, with flexibility.
Please Note: Should you not receive feedback within 2 months, please consider your application as unsuccessful.
Desired Skills:
- financial manager
- Finance
- Governance
- Accounting
- strategic financial management
- budget planning and management
- Financial Reporting
- governance and compliance
- manage financial systems and procedures and controls
- Strategic Management
- budgeting and forecasting
- financial mangement and reporting
- ensure statutory compliance
- oversee payroll
- manage control systems
- oversee the cash flow
- IFRS
- ensure that the statutory annual financial statements are prepared in terms of IFRS
- audit experience
- present the annual financial statements and audit report
- 5 years experience in a financial management role
- BCom Financial Management
- BCom Accounting
- Chartered Accountant
- CA
- Sage
- XERO
- experience with procedures and processes for adequate planning
- monitoring and re aligning of budgets
- experience working in a lean finance team
Desired Work Experience:
- 2 to 5 years Middle / Department Management
Desired Qualification Level & Accreditations:
- Degree
- South African Institute of Chartered Accountant
About The Employer:
NPO/NGO environment
