Finance Manager, JHB

Affirmative Portfolios; Johannesburg; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Affirmative Portfolios in Johannesburg seeks a Finance Manager to oversee all aspects of financial management, ensure policy compliance, and lead the day-to-day work of the finance department.

You will require extensive GRAP and IFRS knowledge, strong budgeting and reporting capabilities, and proven staff leadership. The role involves coordinating internal controls and audit processes, and liaising with other departments to shape strategy and financial planning.

Qualifications

• Minimum 8 years in progressively responsible financial management roles.
• Experience with GRAP and IFRS, PFMA and NT regulations.
• Honours or higher; CA(SA) preferred.
• Strong budgeting, reporting and audit management capabilities.

Responsibilities

• Oversee day-to-day financial operations including payroll and invoicing.
• Lead the finance team and manage external auditors and tax services.
• Ensure compliance with statutory requirements and internal controls.
• Coordinate annual budgeting and year-end audit processes.
• Provide strategic financial inputs to management for decision making.

Skills

Staff management

Attention to detail

Analytical skills

Planning and organisational skills

Education

B Com Degree in Finance, Accounting

Honours Degree

CA(SA)

Tools

Excel

Accounting systems

Job description

Finance Manager

Johannesburg

Permanent

Department – Finance

Reports to the Chief Financial Officer (CFO)

About the Position:

To oversee and be responsible for all aspects of financial management, ensuring compliance with internal policies and procedures as well as manage the day-to-day work of the finance department.

Responsibilities:

Financial management

• Monitor the day-to-day financial operations within such as payroll, invoicing, and other transactions
• Oversee financial department staff
• Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
• Track the company's financial status and performance to identify areas for potential improvement
• Provide insightful information and expectations to managers as input in decision making
• Manage the preparation of the budget
• Establish and maintain financial policies and procedures for the company
• Conduct reviews and evaluations for cost-reduction opportunities.
• Liaise with various other departments, discussing company plans and agreeing on future paths to be taken.
• Improvement of the overall control environment of the finance function
• Effective budgeting for the organisation to ultimately inform the MTEF and ENE processes
• General ledger review and ensure that all recons are completed and signed before management accounts finalization
• Timely and accurate creditor payments
• Keep up to date with IFRS, GRAP and relevant legislation, regulations and instructions to inform policies and procedures within the department
• Effective annual planning and coordination of year-end audit
• Timeous completion of year-end audit within approved timelines and within approved budget
• Secure an unmodified audit report with minimal significant Report to Management findings

Statutory/ regulatory management

• Submission of monthly and quarterly financial reports.
• Ensure compliance with all statutory requirements relating to financial control, financial management and accounting
• Ensure appropriate external audit arrangements are in place and manage the audit process
• Assist in a successful conclusion of an annual audit with an unqualified opinion.
• Compile the respective sections of the integrated annual report and ensure submission thereof on time with satisfactory quality and accuracy
• Understand and adhere to financial regulations and legislation.

Internal processes and general management:

• Finance policies and procedures to be up to date and approved
• Compliance with policies and procedures
• Timeous resolution of audit findings by agreed implementation datesOperate within departmental cost budgets

Reporting

• Review financial data and prepare monthly and annual reports
• Ensure Monthly Management Accounts to be finalised on time and provide useful strategic information to users
• Ensure that Compliance to PFMA, National Treasury (NT) Regulations and the dtic reporting requirements is adhered to
• Ad hoc reporting to the dtic and the NT
• Ensure timely and accurate preparation of compliant AFS and NT packs

Portfolio Management:

• Ensure timely and accurate investment disbursements
• Ensure timely and accurate collections and debit orders
• Ensure timely and accurate impairments and write-offs
• Manage portfolio analysis that provides strategic input for the business

Cash Management:

• Ensure that there is a weekly and monthly review of bank recons as per the Finance Standard Operating Standards
• Cash management to maximize returns
• Maintain banking relationships

Risk Management

• Seek and implement methods for minimising financial risk to the company
• Stay up to date with technological advances and accounting software to be used for financial purposes

Committees:

• Actively participate in internal committees in order to provide strategic finance input

People Management

• Develop work plans and allocation of work, ensure outputs from team are of an acceptable standard
• Manage staff performance continuously to ensure maximum productivity, projects delivery and high staff morale.
• Provide Mentorship/Training and manage development

Experience/Skills Required:

Minimum 8 years in progressively responsible financial management roles that includes the following:

• Staff management
• Preparation of monthly reporting to management
• Preparation of annual financial statements
• Managing both internal and external audit
• Thorough understanding of GRAP and IFRS
• Understanding of PFMA and NT regulations
• Computer literacy – Excel proficiency, knowledge of accounting systems / programmes
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Experience in the preparation and finalisation of accounts in accordance with current statutory regulations
• Experience in budget preparation and reporting
• Highly numerate and able to analyse statistical information and interpret financial data to produce reports which can be understood by non-financial colleagues
• IFRS 9 practical experience.

Qualifications Required:

Essential:

• B Com Degree in Finance, Accounting
• Honours Degree

Preferred:

• CA(SA)

Personal Attributes:

• Attention to detail
• Deadline driven
• Excellent planning and organisational skills
• Analytical skills
• Strong interpersonal skills
• Ability to work under pressure
• Flexibility – ability to handle erratic working hours
• Ability to interact at all levels

Leading/ Managing Competencies

• Monitoring and Measuring
• Strategic Leadership
• Vision Creation & Motivation

Functional Competencies

• Anticipating and Managing Change
• Business insight and Risk Awareness
• Commercial and Financial Acumen
• Organisational Awareness
• Process & Tech Competence

Please Note: Should not receive feedback within 3 months, please consider your application as unsuccessful.