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Regional Financial Controller

R1 300 000,00 - R1 400 000,00

PER YEAR

Gauteng

30 June 2022

Recruiter Smith Garb

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Regional Financial Controller

Smith Garb Thursday, 30 June 2022 1

Finance/Accounting - Other Finance/Accounting

Gauteng

FULL TIME

R1 300 000,00 - R1 400 000,00 (PER YEAR)
Approx Monthly Salary: R108 333,00 - R116 666,00

Job Specification
Company
Reference Number JHB006376/JA

Job Summary

The role will be responsible and accountable for all aspects of financial management and accounting of the Region.
This position is a commercially driven role and will be required to work closely with the Regional Director and Financial Managers to drive and deliver on the Region’s financial strategy through full financial analysis and execution.
Responsibilities will include:
Ensure that proper systems of internal control and adequate financial procedures and policies are uniformly applied within the Region.
Ensure timely and accurate reporting and fulfil a financial and operational support function and promote operational efficiencies and effectiveness across the Region.
Key work output and accountabilities
Strategic Alignment:
Provide strategic direction and implement key performance areas for the business unit.
Identify areas for change and new business opportunities as potential growth areas.
Best Practice and Environmental Scanning:
Define and establish environmental scanning and knowledge management platforms for the finance function to establish trends and insights.
Demonstrate expertise in understanding complex cause and effect drivers, as well as the interdependent dynamics and complexities of macro environmental forces.
Influence environmental conditions to expand or contract markets.
Monitor emerging organisational and macro environmental initiatives (i.e. the healthcare charter, the enterprise structure, mergers and acquisitions, BEE) to understand and prioritise the implications of changing business and industry requirements on finance policies, initiatives and service level agreements.
Actively engage with industry counterparts to share best practice and to source potential opportunities for the Region.
Provide subject matter expertise during the development of the Regional strategy by providing an interpretation of global and local market trends with regards to financial management.
Financial Acumen:
Understand, analyse and influence the financial indicators, including profitability, revenue growth rate, return on investments and cost drivers for the region.
Ensure funding to support strategic projects considering the region’s major expenditure and make decisions that protect and increase the region’s profitability.
Improve and maintain the delivery of a cost-effective service aligned to the triple aim strategy
Manage all financial planning, systems and controls for the region.
Monitor assessments and forecasts of the region’s financial performance against budget and operational goals, and implement action plans to ensure financial targets are reached.
Manage profitability, revenue growth rate, return on investment, cost and all other financial indicators of the region.
Financial Management:
Produce accurate and timeous financial and management analysis and reporting.
Analyse and report on balance sheet reconciliations, cost and benchmarking implications/ results.
Prepare management accounts, budgets and forecasts.
Analyse and report on budget variances.
Assist with corrective operational actions to ensure successful implementation of systems and processes.
Evaluate operational and financial reports to improve accuracy and relevancy.
Evaluate financial processes and implement corrective action to ensure alignment and standardisation within the region.
Process and/or review general ledgers.
Review balance sheet reconciliations.
Ensure VAT compliance within the region.
Provide financial, legal and statutory expertise in the following areas:

Mergers and acquisitions;
New business development;
Feasibility analysis;
Financial modelling;
Drafting of proposals;
Negotiations;
Due diligence;
Corporate Governance;
Legal regulations;
Increasing shareholder value;
Annual budgets, monthly, forecasting and reporting at Regional level.

Compliance Management:
Maintain updated knowledge of relevant legislation, amendments and related information pertaining to the financial field.
Lead the update and implementation of financial policies and procedures.
Implement and manage internal control systems.
Manage control self-assessments (including peer reviews).
Ensure quarterly sign-off of balance sheet reconciliations.
Audit Activities:
Liaise and attend to auditors (external and internal).
Ensure quarterly sign-off and clearing of internal audit reports.
Ensure follow-up and clearing of external audit reports.
Commercial Management:
Manage all financial terms of agreements in the Region.
Conduct analysis and review of joint ventures (radiology, pathology, radiotherapy etc.).
Manage utility accounts, cost recoveries, discount arrangements and operating leases.
Manage the administration of foreign accounts.

Education
A relevant tertiary qualification at a NQF level 7 is essential.
Post Graduate qualification (NQF 8 / 9) in a related field is preferable. CA(SA) qualification
Work experience
Minimum five years’ experience in a senior financial management position, preferably in a healthcare or services environment.
Knowledge
Excellent understanding of revenue and cost drivers.
A detailed understanding of financial and business management principles.
Understanding of government and private partnerships is essential.
Proficient understanding of legislative and business climate pertaining to healthcare.

Smith Garb

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1 Other Finance/Accounting jobs in Gauteng on Job Mail

Regional Financial Controller

Job Summary

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