JSE: Finance Manager

Posted on :

2 Sep, 2015

Category :

Finance Jobs in South Africa

Job Summary
A vacancy exists at the JSE in Sandton to ensure the implementation and maintenance of accounting best practices, within a financial environment to optimise financial performance of JSE

Responsibilities / Outputs

-Ensure departmental budgets are adhered to through management of resource allocations and variances
-Ensure accuracy of JSE’s trading capital, book value of R38 Million statutory adhering to statutory requirements of IFRS (International Financial Reporting Standards) and Generally Accepted Accounting Practice (GAAP) to reduce debtors book to reduce risks regarding cash flow of JSE business
-Manage debtors collection including multi-currency for a book value of R148 Million adhering to statutory requirement of -International Financial Reporting Standards and GAAP and ensure collections are received timeously to reduce risks regarding cash flow of JSE business
-Review and identify cost-reduction opportunities to reduce JSE business costs that impact JSE business strategy
-Maintain and develop relationships with relevant internal and external stakeholders by sharing information and providing customer service to ensure queries are addressed timeously.
-Manage escalation of risk customers through communication with team Build relationships with colleagues, peers and staff by using appropriate interpersonal styles
-Interact with others in a way that promotes openness and trust and gives them confidence in one’s intentions
-Create and implement staff and resource plans clear work allocation accountability to deliver on the departmental/divisional strategy
-Ensure accuracy and disclosures in the statutory reporting to ensure zero audit finding results that will impact the JSE business strategy in line with standards and regulations
-Conduct analysis of revenue trends to ensure integrity of data and completeness of revenue process timeously
-Provide regular analysis of reports to internal stakeholders by communicating with stakeholders to meet stakeholder requirements
-Implement financial process system controls through implementation and development of financial targets and automation of processes to minimise financial risks
-Adhere to accounting policies and procedures for all areas of responsibility by maintaining a documented system
-Understand IFRS and GAAP accounting regulations to align business processes with overall organisational priorities
-Manage authorised credit notes through implementation of controlled document processes and adherence to standards of document processes
-Review bank reconciliation statements for accuracy and completeness and ensure best practices have been adhered to in line with JSE organisational strategy and values
-Ensure costs are accurate and accruals and provisions are raised to complete monthly accruals, provisions and costs
-Adhere to debtors controls and processes to ensure accurate debtors book management
-Adhere to bad debt process controls to minimise bad debt write offs through timeous escalation of risk customers
-Analyse and understand actual data within the accounting records to ensure completeness, accuracy and validity of the financial statements
-Ensure creditors are paid timeously according to service level agreements through weekly reviews and reconciliations of creditors terms and conditions
-Ensure accruals and vendor invoices are communicated at month-end to relevant financial accountants to raise accruals
-Ensure all team members understood and supported JSE vision and divisional strategy
-Take accountability for making others successful by removing obstacles to team performance and success
-Participate in recruitment processes to ensure selection contributing to success of team
-Ensure on boarding process is followed for all new hires and transfers to embed the JSE values and cultures
-Ensure self and team members has required skill and professional/ technical expertise by assessing gaps and development areas and creating development plans
-Ensure each team member has a job profile that profiles team member with a view of full performance in the job
-Create performance agreement for each team member with measurable goals and objectives so that they understand how their performance will be viewed, recognised and rewarded
-Conduct performance review sessions with team members to review performance and progress against targets and agree on appropriate action required to meet targets or standards
-Engaged with team in such a way that the feel motivated to achieve better performance feel
respects and diversity valued
-Epitomise living the JSE values and keep team accountable for displaying the values in their behaviour
-Support implementation of business optimisation improvement through team engagement
-Encourage innovation, listen and act upon ideas from team and provided technical / expert contribution
-Meet EE/BEE targets as related to team through appropriate recruitment selection decisions


5 years experience in a Financial Management position including 3 years managing a financial team


-Building and maintaining effective relationships with internal and external stakeholders
-Tracking cost against a budget
-Networking and building relationships
-Modelling and encourage JSE culture
-Conducting root cause analysis
-Communicating job requirements and performance standards to others
-Conducting performance appraisal interviews
-Conducting performance feedback meetings
-Coordinating on-the-job training for new hires (e.g., identifying need, scheduling, resource allocation)
-Using accounting software
-Preparing accounting statements?
-Interpreting financial data
-Making financial decisions
-Communicating complex information orally
-Communicating complex written information
-Completing a project with constraints
-Conducting a needs analysis
-Developing multiple creative solutions
-Resolving disputes
-Assessing employee performance
-Building/leading a team
-Managing a department
-Preparing financial reports
-Reviewing financial documents for completeness and accuracy
-Assessing and analysing financial statements
-Interpreting financial data

How to Apply

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