Financial Manager

ADvTECH; Johannesburg; On-site; ZAR 800 000 - 1 000 000; Full time

Job summary

A leading educational and training institution in Johannesburg is seeking an experienced Financial Manager to oversee financial wellbeing, develop reporting strategies, and ensure compliance. The role involves budgeting, forecasting, and staff management. Ideal applicants will have a BCom in Finance, CA qualification, and a minimum of 5 years' experience in financial management and leadership. This position offers competitive remuneration and is critical for the brand's financial health. Deadline for applications is December 28, 2025.

Qualifications

• Minimum 5 years experience in Financial Management.
• Experience in a financial setting for at least 5 years.
• Leadership experience for a minimum of 5 years.

Responsibilities

• Oversee and maintain financial wellbeing of the brand.
• Develop and implement financial reporting and cash flow management plan.
• Advise senior management on financial implications of operational plans.
• Lead annual budgeting process in alignment with strategic goals.
• Ensure compliance with legislative and regulatory requirements.

Skills

Operational skills

Analytical skills

Proactive skills

Interpersonal skills

Integrity and ethical conduct

Decision-making

Stakeholder management

Time management

Risk awareness

Education

BCom Finance CTA & Articles

CA (Ideal)

Job description

Job title : Financial Manager

Job Location : Gauteng, Johannesburg

Deadline : December 28, 2025

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Job Purpose

• To oversee and maintain the financial wellbeing of the brand, by completing monthly results, collection of debts, cost saving, strategic planning, expansion and achieving targets / budgets

Duties & Responsibilities

Financial Management & Reporting

• Develop and implement an effective financial reporting and cash flow management plan to support the achievement of the brand’s strategic objectives.
• Support strategic business decisions through financial modelling, scenario analysis and business cases.
• Provide insights on cost optimisation and financial risks.
• Advise senior management on the financial implications of operational plans.
• Monitor and report on cash flow weekly, ensuring that liquidity requirements are met and variances are addressed timeously.
• Oversee the preparation of monthly management accounts for the brand, ensuring accuracy, completeness, and compliance with head office reporting requirements and prescribed formats.
• Ensure all financial reports are correctly compiled and submitted on a monthly and ad‑hoc basis, providing accurate and reliable information to support decision‑making.
• Analyse, interpret and present financial information to identify trends, risks, and opportunities impacting the brand’s financial performance.
• Ensure that annual financial statements are prepared in accordance with applicable regulatory and reporting standards.

Budgeting & Forecasting

• Lead the annual budgeting process in alignment with the organisation’s strategic goals, ensuring full coordination and input from all departments.
• Develop and maintain rolling forecasts and financial models to support strategic planning and decision‑making.
• Monitor budget performance on an ongoing basis and provide clear explanations of variances to management.
• Analyse and investigate variances between actual and budgeted results, recommending and implementing corrective actions where necessary.
• Track, review, and monitor departmental budgets regularly, providing managers with timely, accurate and relevant information regarding over‑ or under‑spending to support effective financial control

Internal and External Controls

• Ensure that adequate policies, procedures, and controls are in place to mitigate risks, prevent fraud, and maintain compliance with legislative, regulatory, and good‑governance requirements and standards.
• Schedule and coordinate internal and external audit timetables, ensuring readiness and timely participation from all relevant stakeholders.
• Provide required information, documentation, and support to auditors, facilitating an efficient and transparent audit process.
• Engage with internal and external auditors during the audit, addressing queries and clarifying financial and operational matters as needed.
• Review and analyse audit reports, ensuring a clear understanding of findings, agreeing on corrective actions, and resolving any discrepancies.
• Monitor and track compliance with audit recommendations, ensuring that agreed actions are implemented within the required timeframes to strengthen controls and reduce risk exposure.

Staff Management

• Ensure that the Finance Department is appropriately structured and adequately resourced to deliver on the strategic and operational objectives of the organisation.
• Conduct performance appraisals in line with policy requirements, providing feedback, coaching, and development plans to drive high performance.
• Develop and submit recruitment specifications to HR, ensuring that vacancies are filled with suitably skilled and qualified candidates.
• Identify competency gaps and training needs within the team and ensure that relevant training and development initiatives are implemented.
• Develop and maintain succession plans to ensure continuity of critical finance functions and support long‑term departmental stability.
• Conduct disciplinary hearings, when required, in accordance with the organisation’s disciplinary and grievance procedures, ensuring fairness and compliance with labour regulations.

Systems & Process Improvement

• Oversee financial systems, ensuring accuracy, robustness, and integration.
• Identify opportunities to automate and streamline finance processes.
• Ensure financial data integrity and support system upgrades or implementations

B‑BBEE Compliance Responsibilities

• Oversee and manage the financial components of the organisation’s B‑BBEE strategy, ensuring alignment with legislation and the applicable sector codes.
• Ensure accurate collection, verification, and submission of all financial information required for annual B‑BBEE audits, including procurement spend, skills development expenditure, enterprise and supplier development (ESD) contributions, and socio‑economic development (SED) spend.
• Monitor preferential procurement performance, ensuring suppliers are BEE‑compliant and contribute positively to the organisation’s procurement scorecard.
• Work closely with HR and other departments to track and validate expenditure relating to skills development and employment equity, ensuring accurate classification for BEE purposes.
• Prepare supporting schedules, reconciliations, and evidence files for BEE verification and ensure timely submission to the rating agency.
• Analyse and report on BEE performance (monthly, quarterly, and annually), identifying gaps and recommending interventions to improve the organisation’s BEE score.
• Ensure that internal controls, processes and documentation standards support BEE compliance, including supplier onboarding processes and record‑keeping frameworks.
• Collaborate with external BEE consultants or verification agencies during assessments, providing data, responding to queries, and ensuring audit readiness.
• Support strategic decision‑making by evaluating the financial implications of BEE initiatives and advising on cost‑effective ways to sustain or improve the organisation’s rating.

Minimum Requirements

Qualifications

• BCom Finance CTA & Articles (Minimum)
• CA (Ideal)

Experience

• 5 years experience in Financial Management
• 5 Years experience in in a financial setting
• 5 years experience in Leadership

Key Competencies

• Operational skills
• Analytical skills / Financial skills
• Proactive (active) skills
• Interpersonal skills
• Integrity and ethical conduct
• Decision‑making
• Stakeholder management
• Time management
• Risk awareness
• Accounting / Financial Services jobs