Career Opportunities : Financial Manager : Radio (Auckland Park) 1 (12038)

Career Opportunities: Financial Manager: Radio (Auckland Park) 1 (12038)

Requisition ID: 12038 - Posted - Finance - Group Finance: Financial Serv - GP - Auckland Park

Reporting to Manager: Finance: To develop, manage and maintain efficient and effective financial services that achieve cost reductions through a financial strategy of planned and effective process re-design value-added services and integrated systems.

DUTIES AND RESPONSIBILITIES:

• DEVELOPMENT AND IMPLEMENTATION OF STRATEGY
• Provide input on internal business review analysis to guide strategic input and development.
• Provide input on strategic direction to the business in outline current and future financial objectives.
• Review and Report on the achievement of business units objectives.
• Proactively provide financial advice and support to ensure strategic business objectives are achieved.
• BUSINESS OPERATIONAL EFFICIENCY
• Review and Report on the achievement of business units objectives.
• Proactively manage month end reporting in line with Group Finance Deadlines.
• Ensure that all monthly Income Statement and Balance Sheet reconciliations are performed on time.
• Provide and assist in managing the income statement for the divisional business units; provide accurate and timeous financial information for management to make informed decisions.
• Manage, co-ordinate and monitor the annual budgets.
• Proactively provide financial advice and support to Group Sales and Marketing to ensure strategic business objectives are achieved.
• Establish and maintain inconspicuous control systems targeted at key risk areas.
• Provide flexible information delivery systems that respond to changing needs.
• Perform ad-hoc investigations and prepare ad-hoc reports.
• GOVERNANCE RISK AND COMPLIANCE
• Monitor and report on operational risks and compliance.
• Implement internal control measures to ensure good governance and compliance.
• Oversee the management of operational risks to protect organisational integrity, create value, prevent financial loss and ensure compliance with applicable policies and legislations.
• Monitor compliance in line with OHS Act.
• Develop, implement and maintain sound internal control processes.
• Monitor execution of internal risk audits and address gaps and provide execution of mitigation strategies.
• Evaluate all business plans in the context of compliance to the organisational guidelines and policies.
• STAKEHOLDER MANAGEMENT
• Explore and make recommendations on current operational processes to streamline and improve efficiency and effectiveness.
• Create and maintain cross-functional communication with internal stakeholders.
• Effective discussion, coaching and communication with all levels of management to set proper budgets & forecasts.
• LEADERSHIP AND PEOPLE MANAGEMENT
• Contract, set target and manage performance of the team in accordance with the Performance Management policy.
• Effective management of Employment Relations issues within the Business Unit.
• Manage, direct, guide, motivate and develop the team.
• Ensure effective communication within the department and division and promote effective communication channels.
• Personnel Development Plans (PDP) for all staff members.
• Provide direction on the attraction and retention of staff.
• Ensure the relevant job profiles are prepared and are available for the Business Unit.

INHERENT/MINIMUM REQUIREMENTS

QUALIFICATIONS:

• National Diploma / Bachelor’s Degree in Financial Management or equivalent qualification (NQF6/7).

EXPERIENCE:

• 6 years’ experience in Financial Management, of which 3 years should be at Supervisory Level.

KNOWLEDGE:

• Business planning and complexity theory.
• Knowledge of Public Financial Management Act.
• Knowledge of Government Regulations.
• Good judgement to make rational, realistic and sound decisions based on consideration of all the facts and alternatives available.
• Budget management and forward scenario planning.
• PFMA and relevant national treasury regulations.
• Strategic management.
• Management information systems.
• Financial accounting standards and IFRS.
• Scenario planning and trend analysis.
• Understanding of the different role players within the broadcasting landscape.
• Project management.
• Understanding of applicable legislative frameworks and regulations.