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Job Summary
KEY PERFORMANCE AREASMAIN DUTIES AND RESPONSIBILITIES
Financial Perspective
- Manage and coordinate the budgeting and financial planning processes for the IDC;
- Preparation of IFRS compliant Financial Statements;
- Ensure that all tax directives are effectively implemented and that tax implications in management decisions are considered;
- Lead Financial Audits;
- Direct and lead sustainable cost management programmes;
- Ensure IDC Financial Systems are robust and addresses internal control requirements
- Ensure financial soundness of all decisions
Objectives
Internal Processes
- Provide accurate and timely financial service including setting and monitoring of budgets, forecasts, cash flow analysis, management and
financial accounts, advice and support to inform decision making at all levels
- Participate in strategy formulation and implementation for the Financial Management Strategy.
- Continuous improvement of Internal and External reporting
- Ensure all regulatory requirements are adhered to
- Effectively formulate and implement systems and procedures to ensure compliance and provide innovative solutions to take the business forward
- Provide effective management and leadership to direct reports and the team
- Ensure that there are no significant new or repeat audit findings
- Define and implement strategic objectives of the department
Corporate Strategic Alignment
- Provide all relevant governance structures with financial information for decision making.
- Continuously exhibits and drives key behaviours
Customer Focus
- Create relationships with internal and external clients.
- Optimise service delivery in a manner that address client needs,
- Build a network of relationships, across functions, to achieve goals and objectives.
- Formulate solutions and provide required support for client requests and challenges.
Learning & Growth
- Ensure the effective management of human resources in the department, including leadership, motivation and development thereof.
- Protect the interest and welfare of employees and establish suitable communication lines with them in line with Human Capital Policies
- Oversee the implementation of talent management initiatives within the department (Employee Engagement, Mentoring and Coaching,
Employment Equity and Succession Management)
- Provide clear leadership and foster a team culture consistent with the corporate values
- Lead the transformation and empowerment of individuals within the department.
- Drive a culture of high performance and facilitate skills and knowledge transfer
- Generate ideas for improvement of cross functional processes or resolving of complex problems.
- Research for best practice measures both locally and internationally
- Take responsibility for personal development and growth
BASIC REQUIREMENTS FOR THE ROLE
Formal Qualification/Degree
- Qualified as a CA (SA) or equivalent with strong technical expertise
Work Experience and Knowledge
- Preferably 10 -12 or more years’ relevant experience in field of discipline.
- Candidate must have hands on experience in finance and an appreciation of the role of the IDC.
- Proven track record of leading and developing teams.
- Knowledge of IFRS, Tax, Auditing and PFMA.
- Strong commercial awareness
- Strong financial statement analysis skills
- Able to demonstrate a high degree of integrity
- Excellent presentation skills - demonstrated excellent verbal and visual presentation skill
- Knowledge of Microsoft Word, Excel, PowerPoint at an advance level
- Practical knowledge of SAP will be an added advantage
Leadership Competencies
- Resilience
- Decisiveness in Execution
- People Engagement
- Communication and Engagement
- Diverse Stakeholder Management
- Teamwork
- Innovation
- Change leadership
- Strategic Thinking
- Business Mind Set
Technical Competencies
- Analytical Thinking
- Commercial Acumen
- Communication & Influence
- Relationship Building
Secondments
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