Job Description:

To provide strategic leadership and management in respect of accounting, financial, and procurement policies, systems, procedures and activities of the organisation.

The role reports to the CEO and has 5 direct reports.

 

Education / and or Experience:

• Minimum three-year tertiary qualification with a post graduate qualification in Accounting or Finance.
• A minimum of 10 (ten) years relevant experience of which 5 (five) years relevant experience at senior/executive management level in the management of Finance.
• Sound knowledge and understanding of the Public Finance Management Act (PFMA), related legislation and applicable laws.

 

Responsibilities:

Accountabilities

Planning involved in this position:

• While performing the duties of this job, the employee is involved in policy development and strategic planning processes

Deadlines that need to be adhered to:

• Submit monthly, quarterly and annual reports for the various organisations e.g. Board, MANCO, Treasury and the Auditor General.

 

Financial Management

• Ensure the development of the budget for the organisation and its presentation to the Finance and Investment Sub-Committee of the Board.
• Provide direction towards the management of organisation’s financial and accounting systems.
• Ensure the creation, production and distribution of all the organisation’s Financial and Accounting Reports to the appropriate authorities and committees in accordance with all statutory, legal and compliance requirements.
• Ensure that all the financial controls required according to legislative and professional best practices are established, implemented and monitored.
• Ensure the full financial and accounting compliance of finance related polices, as well as all organisation’s policies, practices and systems.
• Identify, manage and monitor all financial risks to which the organisation may become party to or be exposed through the pursuit of the organisation’s mandate.
• Ensure that the internal control function fulfils its function in relation to identifying and ensuring that sufficient internal controls exist and are maintained within the organisation.
• Monitor the entities cash flow, revenue and expenditure to ensure it is optimised in order to avoid under or over spending of organisation’s budget.

KPI

• • Budget and expenditure plans
  • Effective financial management
  • Compliance to policy, statutory and legal requirements

 

Supply Chain

• Oversee the supply chain processes, procedures and ensure compliance to PFMA and Treasury regulations.
• Advise CEO on procurement.
• Chair the BAC (Bid Adjudication Committee).
• Ensure GRAP compliance asset register.
• Ensure the optimal use of resources, including sound fleet management principles

KPIs

• • Compliance to PFMA, Treasury regulations etc.
  • Record of meetings

 

Stakeholder Management

• Ensure sound inter-governmental relations by liaising and reporting on the financial affairs to organisation’s Board through the CEO.
• Ensure sound corporate governance by implementing and strengthening the financial control environment.
• Ensure the outcomes of the audit report reflects sound governance and financial management.

KPIs:

• • Effective stakeholder management
  • Organisation accurately represented
  • Regular participation
  • Sound corporate governance and financial management

 

People Management

• Ensure effective and efficient organisation structure is in place to achieve organisation objectives.
• Ensure Finance Department’s organisation structure is appropriately resourced.
• Ensure performance management of staff in accordance to organisation policies and procedures.
• Oversee the implementation of skills and training initiatives in accordance with the skills development plan for the Finance Department.
• Ensure employee relations are managed in accordance with organisation polices and regulations.
• Ensure compliance to occupational health and safety standards and regulation for staff and visitors.

KPIs

• • Effective and appropriate infrastructure and resources
  • Performance against budget
  • Staff management
  • Inspired and motivated staff
  • Compliance with relevant policies and procedures

 

Competencies

• Planning
• Organising and prioritising
• Initiative
• Detail focused