Delivery Manager – Talent Pooling

Khonology (Pty) Ltd; Gauteng; On-site; ZAR 300 000 - 600 000; Full time

Job summary

An established industry player is seeking a Financial Manager to oversee the financial health of the organization. This role is pivotal in developing and managing budgets, ensuring compliance with financial regulations, and maintaining the integrity of financial systems. The ideal candidate will bring 3-5 years of experience in financial management and possess strong leadership and interpersonal skills. This position offers an exciting opportunity to make a significant impact on the company's financial strategies while fostering a high-performance environment within the finance department. If you're ready to take on a challenging yet rewarding role, we want to hear from you!

Qualifications

• Ideal candidate should have a B (Accounting) & Hons with 3 years articles.
• 3-5 years experience in financial management position required.

Responsibilities

• Develop and manage departmental budget and financial implementation plans.
• Ensure accuracy of financial transactions and reporting.
• Implement risk management systems and policies.

Skills

Management and Leadership

Computer Literate

Interpersonal skills

Coaching and mentoring skills

Planning and organisational skills

Budgeting and forecasting

Education

B (Accounting)

Hons

Job description

Job title: Financial Manager - Johannesburg

Job Location: Gauteng, Johannesburg

Deadline: April 21

OVERALL PURPOSE OF THIS JOB: Responsible for developing and managing the necessary systems to ensure the production of accurate and timeous financial results and to ensure the integrity of the financial systems.

KEY RESULT AREAS:

1. Develop and Manage Finance Departmental budget (Expenditure and Capex).
2. Draw up Financial Implementation Plan and Budget for the brand according to strategic plan.
3. On a monthly basis, review the departmental performance and compare actual expenses against budget.
4. Obtain explanations for any variances.
5. Discuss with MD and implement remedial action.
6. Request additional budget spend where necessary.
7. Control and report on company financial performance on a monthly and annual basis and ensure accuracy of financial information.
8. Ensure that all the company's financial transactions are recorded accurately and when occurred, on the financial systems.
9. Ensure that all problems and errors in the system are corrected as and when occurred and ensure integrity of financial systems.
10. Review all material reconciling items on general ledger control account reconciliations as reported by the Finance and take corrective action.
11. Review all general ledger control account reconciliations on a bi-monthly basis and discuss problems with relevant staff.
12. Ensure all costs and sales are accounted for timeously.
13. Ensure correct authorisation of all invoices by the respective departments as per Levels of Authority Policy.
14. Co-ordinate month-end closure of financial systems and ensure that the financial results are accurate at month-end and annually.
15. Review processes and implement internal controls to ensure financial integrity of systems.
16. Develop department policies and procedures as determined by MD.
17. Review and revise policies, procedures, processes, and internal controls in the department on a regular basis to identify inefficiencies to rectify and streamline processes.
18. Review the levels of system access of all parties within finance on a regular basis to ensure segregation of duties.
19. Ensure that financial accounting policies and procedures comply with GAAP, IFRS, Companies Act, Income Tax Act, VAT Act, and SOX.
20. Communicate all amendments, new finance accounting policies, and procedures to departments.
21. Ensure that all relevant financial staff are trained in amendments and new financial accounting policies and procedures.
22. Manage payment process, creditors, service delivery to Group Companies, and query handling.
23. Provide weekly feedback to Sales division regarding pricing strategy and risk effect as well as weekly review of cost chain.
24. Reporting and management of any group or additional companies.
25. Management of payments to third-party suppliers of services.
26. Management of creditors payments and processes.
27. Professional Query Handling.
28. Debtors Collection.
29. Implement Risk Management System and Policies including Credit control, Insurance, and Cash Management of the brand to reduce exposure to financial losses.
30. Implement and manage Risk Management Systems and Policy and Credit Control Policy for the brand to minimise the risk exposure of the company.
31. Ensure that optimal Insurance cover is obtained and negotiate optimum cost / cover conditions and items.
32. Apply the policies, procedures, and systems in place to manage the company's Cash Flow and Interest Rate Risk.
33. Review weekly and monthly cash flow forecasts and determine funding levels required.
34. Ensure that there are always sufficient funds available to fund the activities of the company.
35. Ensure that all relevant staff are trained in policies and procedures discussed above and that policies are adhered to.
36. Manage performance of finance department: Review and update staff goal settings and performance coaching regularly.
37. Ensure that a working environment is created which promotes high levels of performance and addresses under-performance.

QUALIFICATION REQUIREMENTS: Ideal: B (Accounting) & Hons with 3 years articles preferable.

EXPERIENCE REQUIREMENTS: 3 - 5 years' experience in management activities of a small to medium-sized company. 3 - 5 years experience in a financial management position.

SKILLS REQUIREMENTS: Management and Leadership, Computer Literate, Interpersonal skills / Development Knowledge. The ability to motivate and lead a team. Coaching and mentoring skills. Initiative and enthusiasm. Excellent communication and 'people skills'. Good planning and organisational skills. Self-confident & self-motivating. The ability to work under pressure. Good understanding of budgeting and forecasting.