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A leading utility provider in South Africa is seeking a candidate to enhance financial oversight and compliance within the Finance and Administration division. The role requires extensive experience in financial management, knowledge of legislative frameworks, and a strong background in Supply Chain Management. The successful applicant will be responsible for implementing systems and procedures to ensure compliance and optimize financial processes, all while contributing to organizational excellence.
The overall responsibility of the successful candidate is to provide strategic financial and administrative insight into the design of frameworks / systems to ensure the efficient and effective management of optimised financial resources, compliance with regulatory requirements & enhance controls, and the delivery of high-quality administrative support in pursuit of operational excellence.
B.
Com Hons.
Accounting / B.
Com Hons.
Financial Management / BSc Hons.
in Business Science (NQF 8).
A master's degree in the above related field will be beneficial (NQF9) or professional certification e.g. CIMA
Financial environment : 6-7 years' experience in understanding, interpreting and advising according to International Financial Reporting Standards (IFRS);6-7 years' experience in understanding and interpreting the legislative framework as it will apply to in context of financial accounting as per the Accountant General of National Treasury;6-7 years' experience in understanding and interpreting the Public Finance Management Act and in respect of IFRS, King IV, National treasury instruction notes and guidelines set out by the Accounting General of National treasury guidelines and the Chief Procurement Officer;5 years in a Supply Chain Management environment with emphasis on relevant legislation with regards to the drafting of specifications and evaluation requirements.
Financial project co-ordination : Proficiency in Business process mapping
The ability to assist and lead the division in assisting and aiding financial projects and corporate roll-out
Compliance champion and contribute to the development and implementation of organisational / divisional / departmental management actions to address shortcomings in the division related to Finance and Administration.
Conduct audits and reviews to ensure divisional compliance with financial and supply chain regulations, legislation, organisational policies and procedures, and accounting standards.
Design, implement and audit frameworks / systems.
Contribute to the development and implementation of strategic initiatives.
Co-ordinate and partake in Supply Chain related engagements, processes and reportingpile and review procedures.
Participate in audits and action findings and implementing preventative measures.
Identify and mitigate financial and operational risks.
Confirm budget compliance, Variance monitoring and reporting.
Optimise, improve and streamline financial and commercial processes.
Represent the division in cross-functional projects and initiatives.
Financial Management.Supply Chain Management.Knowledge of the legislative framework relating to Finance, Inventory and procurement.Proficiency in Business process mapping.The ability to assist and lead the division in assisting and aiding financial projects and corporate roll-outpliance to ISO