IDC: Manager: Financial Management

A permanent position exists within the Financial Management Unit for the Manager: Financial Management based at the Head Office in Sandton. The position Incumbent will report to the Head of Financial Management.

 

Key Responsibilities

• Assist in preparation of Annual Financial Statements and Consolidated Group Annual Financial Statements
• Ensuring that Annual Financial Statements and Group AFS comply with IFRS and any other relevant legislation
• Ensure that all internal subsidiaries financial statements are timeously prepared and comply with IFRS
• Oversee the following sections within Financial Management:
• Invoice Management, Travel Management and the Accounting for Money Market and Foreign Loans
• Understand fully the functioning of the SAP system and experience in CaseWare Working Papers would be an advantage;
• Enhance usage of the systems, continuously ensure that systems operate efficiently and effectively;
• Review and identify any weakness in the current processes, systems and procedures and make enhancements to these;
• Liaising with both internal and external auditors
• Assist in preparation of the following financial reports
• • Monthly variance analysis
  • Quarterly reports to EXCO and the Board
  • Annual Consolidated Financial Statements
  • Interim Consolidated Financial Statements
  • Perform ad-hoc tasks for Head of Department and other departments
• Client Care – provide good standard of customer service internal and external clients. Exceed customer expectations
• Perform management functions including: Team spirit, communication ,discipline, training and development
• Supporting and driving Innovation in the team
• Ensuring that Annual Financial Statements and Group AFS comply with IFRS and any other relevant legislation
• Ensure that all internal subsidiaries financial statements are timeously prepared and comply with IFRS
• Assist in preparation of Annual Financial Statements and Consolidated Group Annual Financial Statements
• Industry standards, technology trends and best practices

 

Job Requirements
Qualifications and Experience

• CA(SA)
• 3 or more years post articles experience in a financial reporting role, people and performance management
• Post graduate qualification in finance (e.g. MBA, MBL or CFA).
• Microsoft Office, SAP, CaseWare Working Papers, IFRS
• Experience in analysing and interpretation of financial statements
• Should have excellent financial modelling skills.
• Understand fully the functioning of the SAP system, enhance usage of the system and continuously ensure that systems operate efficiently and effective
• 3 or more years post articles experience in a financial reporting role, exposure to the SAP environment, people and performance management and IFRS
• Experience in assessing credit risk and the economic viability of businesses and/or projects.
• Update systems and procedures documents for approval by Systems and Procedures Committee

 

Competences

• Ability to work independently and to perform under pressure.
• Should have strong written and verbal communication skills.
• Liaising with both internal and external auditors
• Good negotiating and leadership skills
• Ability to assist in preparation of monthly variance analysis reports, Quarterly reports to EXCO and the Board and Annual Consolidated FS
• Assist in budget planning and management

 

How to Apply

Click on this link to apply online

Job Title Manager: Financial Management
Requisition # 657
Job Type: Full-time
Organizational Unit: Industrial Development Corporation Ltd -> Finance and Funding -> Financial Management
Location Head Office – Sandton, GT ZA (Primary)