Job Summary
Main Purpose
To manage the Clients financial sustainability and health and to manage implementation of compliant financial practices.
Strategic Management
· Provide required and relevant information, insights and influence to the Clients strategic planning process
· Participate in finalizing the strategic plan and vision
· Develop the financial strategy to support the overall organisational strategy
· Define targets and strategies for team to implement in support of the achievement of the Clients strategic objectives
· Develop unit operational plans to facilitate achievement of the organisational strategy
Financial Management
- Manage the effective implementation of the Clients financial strategy and delivery of financial objectives and requirements
- Present defined financial reporting to senior management and Board
- Implement financial systems and policies in the organisation to ensure compliance with good practice principles
Audit Management
- Oversee the effective completion of the annual audit
- Manage the resolution of any identified audit issues
- Manage presentation of annual financial statements and any other related matters to the Audit Committee
- Manage implementation of corrective action required to address issues raised in the management letter
Budget Management
- Manage the collection of relevant information required to define the budget
- Plan the budget process, time frames and activities to complete within the budget delivery deadlines
- Advise Clients management and staff when formulating their budgets
- Drive delivery of each phase of the budget process to ensure timely completion
- Monitor approved budget – costs, cost control and budget discipline
- Implement and maintain agreed budget monitoring and control processes
- Analyse budget variations, determine causes and recommend actions to control budget within constraints
- Report on and address budget variances
Risk Management and Compliance
- Manage financial compliance with all relevant tax, governance, regulatory and statutory requirements
- Conduct a risk assessment of Clients projects
- Manage the implementation of risk management strategies in line with the overall risk profile and risk management plan
- Assist the Board with regard to compliance in terms of the PFMA
Supply Chain Management
- Chair bid adjudication committee
- Review and approve supply chain policy
- Manage implementation of supply chain policy
- Manage compliance of policies with government circulars, guidelines and requirements
- Manage communication of procurement decisions to service providers
- Manage archiving and filing of contracts and agreements as per requirement
Public Officer
- Accept legal responsibilities of the position of public officer as required by SARS
- Represent Client in any matters that require the Public Officers input
People Management
- Select, assign, lead and manage people
- Set clear objectives for self and others and measure achievements against these objectives through implementation of the performance management system
- Build and manage relationships with staff members
- Manage and support staff development
- Develop and manage the implementation of succession plans for key individuals and critical positions
- Implement the Clients HR policies and procedures as required
- Manage risks and address all related issues as they arise
Qualifications & Experience
- Relevant degree or equivalent in Financial Accounting is required
- CA (SA) qualification or equivalent
- Minimum of 12 years relevant experience with at least 5 years or more at a senior management level
- Excellent understanding and experience in working with the PFMA/MFMA/SCM legislation/Public Finance and public entities
