Manager: Financial Control And Reporting
Purpose of role:
Responsible for financial controls, financial reporting and render support to other business units.
Key Performance Areas:
Implement and Maintain Financial Strategic Support:
– Implement financial and accounting systems, processes, tools and control systems.
– Maintain all financial accounting standards required to satisfy the stakeholders i.e. Shareholders, National Credit Act, IFRS and PFMA.
– Produce monthly reports including reconciliations, financial statements and cash flow projections.
– Complete analysis of financial results and present recommendations.
– Submit financial statements/reports to the shareholders regularly.
– Assist in establishing yearly objectives.
– Manage the maintenance of the inventory of all fixed assets, including assets purchased (computers, etc.) assuring all are in accordance with relevant regulations.
Financial Control:
– Maintain and monitor financial policies and procedures.
– Ensure adherence to financial controls and procedures.
– Implement and maintain processes and procedures outlined in the cash management policy.
– Assist in the preparation of the annual budget for income and overhead expenditure.
– Analyse operations, costs and revenues of the organisation and project future revenues and expenses.
– Compute tax returns and ensure payment and reports are on time.
Financial statutory reporting:
– Prepare consolidated Financial Statements for the organisation on a monthly, quarterly, interim and annual basis
– Ensure that all financial submissions adhere to the PFMA and are in line with International Financial Reporting Standards (IFRS) and any other applicable reporting requirement
Unit management
– Provide leadership and guidance to coach, motivate, and lead team members to their optimum performance levels and career development.
– Identify designated staff responsibilities, authority and personal performance measurement criteria.
– Monitor the provision of outputs of direct reports to ensure deliverables of the team are met.
– Conduct performance reviews and address areas of non-performance.
– Identify training needs and development opportunities for direct reports.
– Determine staff levels and prepare motivations for the filling of vacancies to complement functional objectives and requirements
Minimum requirements:
– Completed Honours (NQF 8) in Accounting / Finance field
– Completed articles, signed off
– 7+ years’ related experience, with 4+ years in supervisory level