Disbursement Financial Controller

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

Job summary

A financial service provider in Gauteng seeks a Disbursement Manager to oversee disbursement management, ensure accounting accuracy, and lead training initiatives. The successful candidate will maintain high standards, prepare reports, and implement audit recommendations while demonstrating proficiency in Excel and strong organizational skills. A degree in Management Accounting or Auditing is required. The role offers a salary ranging from R48,000 to R60,000 and benefits including medical aid and pension contributions.

Benefits

Medical Aid

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

Qualifications

• Experience in disbursement audit is beneficial.
• Capacity to challenge the status quo and drive through changes.

Responsibilities

• Maintain the integrity of disbursement data in accounting systems.
• Monitor implementation of disbursement audit recommendations.
• Ensure quality and consistency of disbursement reports.
• Prevent errors by setting up internal control systems.
• Ensure timeliness of month-end reporting.

Skills

Proficient knowledge of Excel

Organizational skills

Ability to deliver under pressure

Deadline driven

Team player

Education

Matric

Degree in Management Accounting or Auditing

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 –

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