Where

Financial Manager

R 100 000 - R 108 333 a month
Kone Staffing Solutions
Pretoria Full-day Full-time

Description:

  • Guide and assist the unit with budgeting and forecasting processes;
  • Prepare and provide monthly financial reports for the monitoring of the success of the business plan implementation;
  • Develop, prepare and provide standard and on-request financial reports and data analysis of unit activities or stakeholder financial contract information;
  • Prepare stakeholder specific reports, including cash flow reports and forecasts for the National Integrated Cyberinfrastructure System Centre (NICIS) and participate in NICIS management meetings
  • Obtain an understanding of the unit financial environment by pro-actively analysing and interpreting data and reports;
  • Review customer and supplier agreements to mitigate risk and maximise cash flow;
  • Implementation of effective contract management process that ensures compliance with IFRS 15, cost control and that invoicing is done timely and in line with contract.
  • Identify and determine the impact of stakeholder requirements on financial reporting for timeous and accurate submission of financial information;
  • Review planned purchases of property, plant and equipment to assess financial risks, availability of funding, payment terms and conditions, legislative requirements for importing and the return on investment;
  • Participate in Procurement Selection Committees
  • Review classification and useful life of assets to ensure adherence to accounting policies;
  • Assist with the integration of new initiatives into and out of the CSIR and the transfer of initiatives between units within the CSIR;
  • Attend initiative specific meetings with industry partners to provide financial feedback against the programme budget, deliverables and objectives;
  • Ensure that customer contracts are accurately captured and administered in the financial system;
  • Manage, direct and advise relevant staff on month end, quarter end and year end processes;
  • Create awareness of relevant financial legislative and policy changes to assist management with the implementation of financial policies and procedures, legislation, accounting framework and audit requirements;
  • Review and improve unit financial business processes and the financial internal control environment;
  • Manage relationships with internal and external stakeholders, customers and suppliers;
  • Prepare, assist and provide process descriptions and other financial information requirements to assist the auditors in meeting the set deadlines;
  • Manage staff to ensure performance of duties in accordance with job requirements;
  • Evaluate segregation of duties continuously to ensure the control environment remains intact;
  • Identify gaps for training or development of staff to assist with skills retention and succession planning.

Requirements:

  • Guide and assist the unit with budgeting and forecasting processes;
  • Prepare and provide monthly financial reports for the monitoring of the success of the business plan implementation;
  • Develop, prepare and provide standard and on-request financial reports and data analysis of unit activities or stakeholder financial contract information;
  • Prepare stakeholder specific reports, including cash flow reports and forecasts for the National Integrated Cyberinfrastructure System Centre (NICIS) and participate in NICIS management meetings
  • Obtain an understanding of the unit financial environment by pro-actively analysing and interpreting data and reports;
  • Review customer and supplier agreements to mitigate risk and maximise cash flow;
  • Implementation of effective contract management process that ensures compliance with IFRS 15, cost control and that invoicing is done timely and in line with contract.
  • Identify and determine the impact of stakeholder requirements on financial reporting for timeous and accurate submission of financial information;
  • Review planned purchases of property, plant and equipment to assess financial risks, availability of funding, payment terms and conditions, legislative requirements for importing and the return on investment;
  • Participate in Procurement Selection Committees
  • Review classification and useful life of assets to ensure adherence to accounting policies;
  • Assist with the integration of new initiatives into and out of the CSIR and the transfer of initiatives between units within the CSIR;
  • Attend initiative specific meetings with industry partners to provide financial feedback against the programme budget, deliverables and objectives;
  • Ensure that customer contracts are accurately captured and administered in the financial system;
  • Manage, direct and advise relevant staff on month end, quarter end and year end processes;
  • Create awareness of relevant financial legislative and policy changes to assist management with the implementation of financial policies and procedures, legislation, accounting framework and audit requirements;
  • Review and improve unit financial business processes and the financial internal control environment;
  • Manage relationships with internal and external stakeholders, customers and suppliers;
  • Prepare, assist and provide process descriptions and other financial information requirements to assist the auditors in meeting the set deadlines;
  • Manage staff to ensure performance of duties in accordance with job requirements;
  • Evaluate segregation of duties continuously to ensure the control environment remains intact;
  • Identify gaps for training or development of staff to assist with skills retention and succession planning.
  • Ifrs
  • Analysing And Interpreting Financial Data And Complex Financial Reporting
  • Internal And External Stakeholders Such As Auditors, Suppliers, Industry Funders,
  • State-Owned Entity
  • Legislation, Policies And Procedures Typically Relevant In The Area Of Responsibility;
  • Analyse Financial Data
  • A BCom Honours degree or equivalent, with at least seven years’ working experience in a complex and multi-dimensional financial department with at least five years at management level.
  • Chartered Accountant (SA) or CIMA qualifications
  • Excellent experience in analysing and interpreting financial data and complex financial reporting;
  • In depth experience in dealing with various internal and external stakeholders such as auditors, suppliers, industry funders, etc;
  • Understanding of legislation applicable to a state-owned entity and working experience in such an entity will be beneficial;
  • Advanced analytical and problem-solving skills;
  • Ability to make informed decisions, attention to detail and a high level of accuracy;
  • Strong problem-solving skills and the ability to develop solutions to complex financial issues;
  • Very effective organisational skills and advanced Microsoft Office suite skills;
  • Outstanding knowledge and ability to apply accounting principles;
  • Excellent knowledge of statutory requirements, legislation, policies and procedures typically relevant in the area of responsibility;
  • Exceptional ability to assess risk within the area of responsibility and skills to recommend and implement appropriate internal control systems;
  • Ability to analyse financial data and to communicate the results to a diverse group;
  • Ability to manage, evaluate and develop people;
  • Excellent interpersonal skills and the ability to have effective working relationships with people at all levels in the organisation;
  • Excellent verbal, written, listening, presentation and communication skills;
  • Ability to work/function well within teams with sensitivity to diverse cultures;
  • Sound work ethic, time management skills and the ability to manage stress.
  • A BCom Honours degree or equivalent, with at least seven years’ working experience in a complex and multi-dimensional financial department with at least five years at management level.
  • Chartered Accountant (SA) or CIMA qualifications
  • Excellent experience in analysing and interpreting financial data and complex financial reporting;
  • In depth experience in dealing with various internal and external stakeholders such as auditors, suppliers, industry funders, etc;
  • Understanding of legislation applicable to a state-owned entity and working experience in such an entity will be beneficial;
  • Advanced analytical and problem-solving skills;
  • Ability to make informed decisions, attention to detail and a high level of accuracy;
  • Strong problem-solving skills and the ability to develop solutions to complex financial issues;
  • Very effective organisational skills and advanced Microsoft Office suite skills;
  • Outstanding knowledge and ability to apply accounting principles;
  • Excellent knowledge of statutory requirements, legislation, policies and procedures typically relevant in the area of responsibility;
  • Exceptional ability to assess risk within the area of responsibility and skills to recommend and implement appropriate internal control systems;
  • Ability to analyse financial data and to communicate the results to a diverse group;
  • Ability to manage, evaluate and develop people;
  • Excellent interpersonal skills and the ability to have effective working relationships with people at all levels in the organisation;
  • Excellent verbal, written, listening, presentation and communication skills;
  • Ability to work/function well within teams with sensitivity to diverse cultures;
  • Sound work ethic, time management skills and the ability to manage stress.
11 Apr 2025;   from: careers24.com

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