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A financial services organization in Gauteng is seeking a Finance Manager to guide financial strategy and ensure compliance with regulations. The ideal candidate will have extensive experience in finance, strong leadership skills, and a Bachelor's degree in Accounting or Finance. This role includes responsibilities for budgeting, stakeholder management, and maintaining fiscal health. Competitive remuneration package available.
The primary role of the Finance Manager is to offer guidance and support in shaping the organization's financial strategy and maintaining its fiscal well-being so that all requirements for internal and external audits are met and are in compliance with relevant financial regulation and legislation, while also managing the finance team.
The successful incumbent will be reporting directly to the Chief Financial Officer.
Strategy Development: Develop and execute the financial strategy in alignment with the organisation's overall goals and objectives. Provide strategic financial insights to guide decision‑making processes.
Lead: Performance reporting. Preparation of monthly, quarterly, and annual financial reporting as per the financial calendar.
Input to the approval and processing of revenue, expenditure, and control documents, budgets, salary updates, ledger, and account maintenance and data entry.
Preparation for the audit process. Resolution of audit queries and monitor and review payroll. Manage the budgeting process for the entire Group. Financial Leadership: Lead the annual budgeting process, collaborating with department heads to establish comprehensive and realistic budgets. Financial oversight over subsidiaries. Monitor financial performance against budgets and provide regular forecasts. Lead the development of annual capital commitment and expenditure budgets for the Finance and Supply Chain unit to successfully execute strategic plans. Monitor and manage the annual budget and report major financial commitments, exposures, and risks to the CEO on a regular and timely basis. Assist organisation in accessing funding for economic development.
Stakeholder Relationship Management: Foster effective communications and ensure that appropriate relationships are maintained with the shareholders of the organisation, relevant stakeholders and agencies. Manage and oversee the required interaction between the organisation, subsidiaries and all stakeholders. Cultivate and promote a good corporate image. Maintain and protect organisation's corporate brand.
Good Corporate Governance & Compliance: Provide advisory support to the Group CEO and Board on efficient financial compliance and control environment. Lead the development of standardised Finance and Supply Chain processes, standards, and systems across the organisation. Establish effective control and coordination mechanisms for all operations and activities of the division and take reasonable steps to ensure the integrity of the internal control and management information systems. Ensure that all operations and activities of the unit are conducted in accordance with the PFMA, relevant regulations, the organisation's Code of Business Conduct and Ethics, sound business practices, and the other policies and practices approved by the Board.
Foster a high‑performance corporate culture that promotes ethical practices and encourages individual integrity, accountability, and social responsibility. Facilitate resource availability through effective procurement processes, comply with organisation and divisional reporting requirements, compliance with tax legislation, safeguarding of State‑owned assets, Responsibility of Asset Register, Responsibility for all insurance cover for the whole Group.
Organisational Effectiveness: Continuous assessment of liquidity and solvency of all entities within the Group. Effective and efficient cash flow management to ensure that financial commitments are honoured timely. People Management: Develop and maintain a sound, effective organisational structure for the delivery of Divisional Objectives. Define roles and responsibilities and establish clear delegated authority. Manage and monitor the performance of the staff and departments against individual performance contracts. Monitor and manage leadership and staff development plans to ensure sound capacity building in the division. Ensure that direct reports attend CPD training.
Minimum qualification, experience, and skills requirements: To qualify for this position, candidates need to be in possession of a Bachelor's Degree or NQF Level 7 qualification in Accounting / Finance. Postgraduate Degree or NQF Level 9 qualification in Accounting / Finance will be added advantage. Registration at a recognised or international professional body. At least have minimum of 10 years in Accounting or Finance and 3 years working experience in a management role.
Have the following technical skills: Managerial finance and budgeting. Knowledge and understanding of the Public Finance Management Act (PFMA), Treasury Regulations and Generally Recognised Accounting Practices. Knowledge of Auditor‑General requirements. Knowledge of the State Procurement Policies and Practices. Knowledge of Accounting systems and packages. Knowledge of Auditing and Accounting Practices. Business report‑writing. Project Management. Proactively seek to improve processes / systems / procedures / functions and guide others to achieve organisational goals. Analysis: Ability to recognise trends or associations between data.
Identifies strengths, weaknesses, opportunities, and threats associated with service / process / procedure or products. Ability to lead and manage people effectively. Behavioural skills: Exceptional leadership and team management skills. Excellent communication and interpersonal abilities. Strategic mindset with a focus on long‑term financial sustainability. Detail‑oriented and highly organised. Ability to thrive in a dynamic and fast‑paced environment.
Grade D4 Patterson
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.