Disbursement Financial Controller

Blue Oak Personnel; Gauteng; On-site; ZAR 48,000 - 60,000; Full time

Job summary

A leading company seeks a qualified individual to oversee and manage disbursement activities across various locations. The role includes ensuring compliance with internal controls, training new staff, and preparing detailed financial reports. The ideal candidate will possess a degree in Management Accounting or Auditing, with strong Excel skills and the ability to thrive under pressure. A competitive salary package is on offer, along with additional medical and pension benefits.

Benefits

Medical Aid – 50 / 50

Pension Fund – 9% company contribution and 7% employee contribution

Qualifications

• Experience in disbursement audit preferred.
• Proficient in complex Excel functions.
• Must be able to deliver under pressure.

Responsibilities

• Maintain internal controls and manage disbursement processes.
• Coordinate training for new personnel.
• Prepare monthly reports and monitor KPIs.

Skills

Excel

Organizational Skills

Proactivity

Team Player

Education

Degree in Management Accounting or Auditing

Matric

Job description

Duties & Responsibilities Maintain the highest standards of internal control in the disbursements management process.

• Ensure the completeness of accounting postings, payments, and the integrity of disbursement data in the group accounting systems.
• Ensure that appropriate levels of segregation of duties are maintained throughout the disbursement process.
• Monitor and ensure completeness of all disbursement activities and related documentation.
• Track and monitor implementation of all disbursement function related audit recommendations.

Support to various offices

• Lead and coordinate training of new field office disbursement personnel.
• Serve as the focal point to ensure the harmonization of disbursement practices across locations.
• Support and undertake in the HQ disbursement activities that cannot be performed from the field offices.

Disbursement accounting / Investigations

• Serve as the focal point for other divisions / departments on Group disbursement activities.
• Liaise closely with the other concerned finance complex officers and assistants to ensure complete resolution of returned disbursement, and payments reported by beneficiaries as not received.

Reporting

• Ensure the quality and consistency of disbursement reports.
• Provide analytical and data management support for monitoring group-wide disbursement activities.
• Prepare and monitor monthly disbursement KPIs.
• Prepare and distribute time critical reports and ad hoc reports as required.

Accounting

• Implement consistent checks on the accounting processes in the cluster – review of provisions.
• Be a whistle-blower on non-compliant processes – analyses balance sheet risks.
• Reviewing operational data and maintaining data accuracy and integrity.
• Preventing errors by setting up internal control systems and adopting proper policies for financial reporting.

Month-end reporting – to head office - Eteni

• Ensure timeliness of the reporting.
• Report on P&L, Analytical split, intra-group, and Balance Sheet.

Month-End Reporting - P&L to operations and Country Managers

• Send reporting to operations and country manager along with analysis.
• Be the go between operations and accounting and answer operations questions.

Other

• Act as the focal point for other divisions / departments on disbursement activities.
• Ensure the business continuity readiness of disbursement activities.
• Develop and update disbursement manuals, guidelines, and policy documents.
• Design document and update disbursement processes and procedures documents.
• Monitor the follow up and implementation of Audit recommendations.
• Assist the CFO and MD on other assignments, as required.

Desired Experience & Qualification

• Matric.
• Degree in management Accounting or Auditing.
• Experiences in disbursement Audit is beneficial.
• Proficient knowledge of Excel – complex functions, graphs, and pivot charts.
• Proactive and organized.
• Capacity to deliver under pressure.
• Able to challenge the status quo and drive through changes.
• Deadline driven and team player.

Package & Remuneration Basic salary : R48, to R60, Medical Aid – 50 / 50 Pension Fund – 9% company contribution and 7% employee contribution #J Ljbffr