The Valley Trust New Available Position

Posted on :

18 Jan, 2019

Category :

Finance Jobs in South Africa

The Valley Trust is a Non-profit Public Benefit Organization trading from premises located in Botha’s Hill/KwaNyuswa in the eThekwini Outer West.
The Trust has been in existence for more than 60 years and its mission is to use health and other means to improve the overall wellbeing of the communities of the Valley while continuing to be an example of sustainable and holistic community development.

Job Title: Finance and Administration Manager
Job Location: Durban
Role Description: Following are illustrative tasks and responsibilities associated with the role.

Overall

  • Responsible for the financial health and risk management of the organisation
  • Responsible for the performance of the finance & administration and property business units
  • Member of the management team reporting to the Executive Director

Budget management 

  • Compile and consolidate accurate organisational and project budgets on time
  • Negotiate favourable terms on donors’ contributions to TVT’s operational and other costs
  • Monitor expenditure and ensure alignment with budget

Financial Reporting

  • Prepare monthly, quarterly and annual financial statements
  • Prepare monthly budget variance reports for each business area
  • Produce timely and accurate donor reports, including monthly pipeline reports

Financial monitoring and Compliance (Risk Management)

  • Review financial reports and seek ways to reduce costs and maximise resource use
  • Ensure that the organisation’s policies, procedures and internal controls are relevant and complaint with the requirements of donors, local laws, GAAP/IFRS, PFMA, tax, etc.
  • Ensure that committees (Finance, HR, Assets & Estates Committee and Audit & Risk Committee) for internal control are properly constituted, meet regularly and their recommendations are implemented

Organisational Leadership

  • Participate on TVT’s management team ensuring sound organisational leadership
  • Attend and submit financial reports at Board of Trustees meetings
  • Contribute to TVT’s fundraising and resource mobilisation activities

Operational Management 

  • Oversee day-to-day functions of the finance and administration department
  • Manage cash flow, oversee weekly payments and approve general ledger and bank reconciliations
  • Ensure adequate preparation for audits

Qualifications and Experience

  • A minimum of a bachelor degree in finance or accounting or reputable professional accounting qualification
  • A minimum of 8 years’ experience in financial and grants management, with a minimum of 5 years’ direct NGO work experience at senior level
  • Experience in managing grants of R10 million or more from local and international donors
  • Experience in preparation of budgets and financial reports for international donor agencies such as USAID, CDC and others
  • Knowledge of relevant legislation and regulations e.g. PFMA, Companies Act, Income Tax Act, Federal Award requirements e.g. 2 CFR 200, and others
  • Proven experience in leading an effective team or teams
  • If not a South African citizen, must have valid work or residency permit for South Africa

Required Competencies

  • Highly motivated self-starter who takes direction well, but also works independently
  • Ability to deliver high quality work under pressure
  • Sensitivity to privileged information/confidentiality
  • Sensitive to diversity especially gender equality and working with rural communities
  • Attention to detail and good analytical and problem-solving skills
  • Excellent communication skills (oral & written) in English
  • Strong leadership skills

Desirables

  • Speak and understand isiZulu
  • Willingness to go into the communities we work with from time to time
  • Willingness to travel overnight e.g. to donor meetings, training workshops etc.

Other pertinent details

  • Direct reports: Senior Bookkeeper, Bookkeeper, Finance Officer
  • Fringe benefits: Pension contribution.
  • Remuneration: Based on a total cost to company basis. Competitive and commensurate with experience and qualifications
  • Probationary period: 3 months

To apply for the position, please send a motivational letter and your CV with at least three traceable references to [email protected] not later than 25 January 2019.

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