Finance Director Gauteng

Job DescriptionTo provide strategic financial direction to safeguard Client against financial and credit risk to ensure its strategic goals are achieved. The incumbent is also required to oversee procurement, risk and compliance, company secretariat and internal audit functions.KEY ACCOUNTABILITIES OF THE ROLEThe following list of Key Accountability Areas and job activities are not exhaustive. Client may instruct the employee at any time to carry out additional duties or responsibilities, which fall reasonably within the ambit of the job, or in accordance with operational requirements.Strategic LeadershipOversee development and implementation of appropriate policies, business processes and standard operating procedures for the department.Create an action plan aligned with the company's strategy, customer requirements and expectations, including monitoring performance.Provide strategic direction in respect of all the units and participate in the strategic planning processes of the organisation.Provide information for the compilation of the strategic and operational plans for Finance and Risk Services.Ensure that budget processes are aligned to strategic planning processes and performance outputs.Provide timely and accurate flow of financial and other operational information necessary for strategic decision making.Enhance all the unit's performance and make recommendations to improve the efficiency and effectiveness.Drive the implementation of service delivery improvement programmes.Manage the development of the organisation's performance framework.Ensure departmental heads are aware of their duties, responsibilities, and performance targets in accordance with the strategic plan.Ensure that there is full compliance by Client with relevant legislation, policies, and guidelines.Provide reports on Finance and Risk Services as required by internal and external stakeholders.Governance, Risk and ComplianceAdvise management on short term and long-term financial objectives, policies, and actions.Ensure compliance with financial regulatory requirements and legislation that Client operates under.Responsible for full tax compliance of the company including (but not limited to) income tax and VAT.Provide input into the development of the risk and compliance management frameworks and strategy.Provide advocacy on a risk and compliance perspective to the strategic decision-making process.Incorporate business insights gained through business to compile reports and metrics to mitigate risk in decision-making processes.Ensure all decisions made are in line with strategic objectives and comply with relevant organisational/legislative policies and procedures.Monitor and evaluate the progress of the department's achievements against the tactical plan and strategic objectives.Ensure all Secretariat systems are maintained to meet the requirements of Client and are aligned to applicable governance practices.Advise on the design and implementation of programmes/interventions to ensure the continuous improvement of Secretariat business processes and systems in line with industry best practice.Coordinate the Audit Committee and internal audit, whilst respecting the need for internal audit to remain independent.Interact with external auditors to ensure efficient and timeous audits of company accounts.ProcurementReview Supply Chain Management (SCM) related policies for input from the Managing Director and approval by the Board or relevant delegation of authority.Oversee the implementation SCM policies.Ensure that Procurement Planning takes place, that specifications are developed timeously and that there is compliance with supply chain prescripts.Ensure that Client has an established and effective supply chain management system that includes a sound legislative and operational framework.Implementation of effective anti-corruption measures.Approved and implemented delegations of authority, that are compliant with the applicable legislative framework and requirements.Effective bid committees established with clearly defined roles, functioning in accordance with applicable legislative requirements.Ensuring proper disposing of surplus and/or underutilised assets.Responsible for the overall debt collection function, including but not limited to credit review, credit limit adjustment approvals, and maintenance of the credit policy.Treasury OversightEnsure that up to date signatories and administration of bank accounts are maintained to maximise interest.Oversee that loan obligations are complied with.Review the reconciliation of Client bank accounts.Financial Management Reporting and Performance ManagementPlan and supervise the work of employees performing financial reporting, accounting, billing, collections, and budgeting duties.Prepare financial statements, business activity reports, financial forecasts, annual budgets, and/or reports required by the organisation, shareholders and in particular the Board.ReportingAnalyse the financial details of past, present, and expected operations to identify areas where improvement is needed.Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.Provide direction and assistance to departments regarding accounting and budgeting policies and procedures, efficient control, and utilisation of financial resources.Manage relationships with key 3rd party providers such as the banks, the financial interface with the key creditors.Run financial affairs professionally and be structured to meet tight deadlines.Review, implement and monitor all internal financial systems and controls.Assure the Board of the company's financial sustainability.Financial Planning and ControlsInterpret and monitor trends associated with operations and service delivery with the aim of maintaining and increasing business levels.Review the OPEX budgets and monitor operational expenditure for each stream.Review CAPEX budget in line with operational requirements of each unit.Ensure that relevant controls are in place to ensure appropriate monitoring, enhancement, and optimisation of all revenue streams.Stakeholder ManagementBuild and create strategic partnerships with internal, external, and relevant business stakeholders.Ensure key internal and external stakeholders are identified and relations are appropriately managed.Attend and represent Client at relevant local and international events, conferences and platforms.Attend relevant project steering committee meetings.Act as an ambassador for Client and participate in high-level discussions thereof.People ManagementLead, motivate and coach the team to enhance capabilities for the delivery of plans and strategic initiatives.Direct and control the Key Performance Indicators and outcomes of personnel and processes within the department.Determine staffing levels and prepare motivations for the filling of vacancies to complement functional objectives and requirements.Define and adjust the role boundaries, workflow process and job designs against established service delivery requirements and statutory regulations.Conduct appraisals to measure performance against agreed objectives, coaching, and consulting with personnel on developmental goals, career paths and short-term targets and standards.Monitor the adequacy of current training interventions through the evaluation of competencies demonstrated in the workplace.Prepare and/or approve progress and assessment reports for inclusion into the consolidated Skills Development Plan of the department.QUALIFICATIONS & EXPERIENCEA postgraduate qualification in Accounting, Finance, or related discipline: EssentialAt minimum of least 10 years' experience with at least 5 years' experience in senior leadership and strategic business experience.Management of all relevant internal and external stakeholders.CORE COMPETENCIESBEHAVIOURAL COMPETENCIES:Customer Focus: Identifies and understand the customer's needs; focuses on meeting those needs and ensuring both satisfaction and a continuing sustainable business relationship.Innovation: Able to generate novel and relevant working solutions and embrace new ways of thinking and working that align with business objectives.Integrity: The consistent adherence to agreed-upon ethical and safety principles; and commitment to transparent interactions to ensure trust between stakeholders and the elimination of incidents.Self-Motivation: Is internally motivated to maintain high standards of performance and takes personal responsibility for the quality of work and completion of goals.Service Excellence: Actively drives high standards of performance output; shows tenacity and enthusiasm in the delivery of results and evaluates work to ensure excellence.Valuing Diversity: Able and willing to create a work environment that embraces and appreciates all aspects of diversity.FUNCTIONAL COMPETENCIESCollaboration: Ability to effectively manage knowledge, skills and resources between individuals in maintaining effective and supportive working relationships, to achieve shared goals.Digital Awareness: The knowledge and ability to use relevant computer software and technological applications to effectively perform work.Judgement in Decision Making: Able to use logic, intuition, and sound judgement to analyse and interpret information to make effective, well-reasoned decisions.Detailed Oriented: Diligently attends to details and pursues quality in accomplishing tasks by considering all areas involved, no matter how small, showing concern for accuracy by checking processes and tasks.Industry Knowledge: Clear understanding of the organisational strategy within the broader framework of industry trends, economic sectors, and market dynamics.Initiative: Takes prompt and proactive action to accomplish objectives and achieve goals beyond what is required.Mutual Compromise: Recognises the goals and objectives of the different parties. Effectively explores alternatives and mutual compromise to reach outcomes that gain the support and acceptance of all parties.Planning & Prioritising: Uses effective methodology to determine priorities, set goals, creating a plan, and managing time and resources effectively.Problem Solving: Ability to use appropriate interpersonal approaches and diplomacy to engage in discussions aimed at mutually beneficial resolutions when issues arise.Resilience: Able to withstand adversity and bounce back from setbacks while maintaining performance and self-control.Self-Development: Actively identifying new areas for learning and creating and taking advantage of learning opportunities to enhance knowledge and understanding in a relevant field.Verbal Communication: Able to express oneself clearly verbally and convey a message to a variety of audiences through language the audience understands.Written Communication: Able to express oneself clearly in writing and convey a message to a variety of audiences through written symbols.LEADERSHIP COMPETENCIESBusiness Insight: Ability to understand Client's vision and offer contributions across the organisation to develop, monitor, improve and enhance plans, strategies, policies, processes, and practices from a people perspective.Conceptual Thinking: Able to find effective solutions by taking a holistic, abstract, or theoretical perspective.Delegating: Able to use logic and insight in deciding on the best course of action, effectively assign key activities and provide necessary guidance to support the execution thereof.Influence: Able to gain support for ideas, proposals, and solutions and influences others to be excited and committed to furthering the organisation's objectives.Inspire: Inspires enthusiasm in others and encourages individuals to achieve goals and objectives successfully.Managing Change: Able to recognise and respond quickly to the need for change and embrace new ways of thinking and working that align with business objectives and targets.Talent Development: Identifies and develops talent in individuals, providing positive support to enable them to achieve their potential and enhance overall organisational performance.TECHNICAL COMPETENCIESFinancial Management; Audit and Assurance Knowledge and Interpretation: Knowledge and understanding of general financial concepts, including budgeting, cash-flow management, and financial monitoring.Financial Reporting & Analysis: Knowledge of reporting and analysis processes to provide an accurate depiction of the company's finances for decision-making purposes.Accounting & Tax Knowledge: Knowledge of systems that record financial and tax-related transactions pertaining to business.Internal Control & Compliance Knowledge: Knowledge of the processes used to assure Client's operational effectiveness and efficiency, reliable financial reporting and compliance with laws & regulations.NOTE: Should you not be contacted within 3 weeks, consider your application unsuccessful.
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