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Job title: Manager: Financial Control and Reporting
Employment type: Full Time
Experience: 7 to 8 years
Salary: R50500 to R61800
Job published: 09 June 2020
Job reference no: 1698916729

Job Description

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

 

Skills:

Industries: