Financial Manager

Key Performance Areas, Deliverables & Measures:

Management of the Team of Accounting Professionals / Clerks

Manage and cultivate a motivated and productive finance team environment.

Collaborate with Funds Administrator & Finance Executive to set and achieve team objectives.

Review employee performance and identify future needs and capabilities.

Plan workload allocation, conduct performance appraisals, and facilitate training interventions.

Resolve staff-related issues within the finance department.Key Performance Indicators:

Motivated and skilled team

Compliance with HR policies

Availability of staff

Budgeting

Provide strategic financial guidance to executive management and departments.

Collaborate with departments to align financial goals with Council's objectives.

Improve budgeting efficiencies and prepare budget drafts for submission.Key Performance Indicators:

Accuracy of expense accounts

Compliance with financial policies

Provision of annual budgets and forecasts

Financial Reporting

Prepare, analyze, and report financial statements for Council submission.

Analyze variances and propose corrective actions.

Verify reconciliations and prepare monthly management accounts.Key Performance Indicators:

Complete and accurate management accounts

Compliance with financial policies

General Ledger Management

Manage cash flow and ensure accurate financial transactions recording.

Verify and authorize entries, resolve ledger queries, and process payments.Key Performance Indicators:

Accuracy and timeliness of reporting

Compliance with financial policies

Availability of funds

Statutory Compliance

Submit returns to regulatory authorities and ensure compliance with tax regulations.Key Performance Indicators:

Timely and accurate submissions

Fixed Assets Maintenance

Oversee fixed asset register maintenance and depreciation calculations.Key Performance Indicators:

Timely and accurate posting

Ad hoc functions as assignedKey Stakeholder Relationships:

Internal: Funds Administrator, Finance Executive, Accounts Administrators, EXCO, all FBC departments

External: Bank, Department of Labour, External Auditors, SARS, Service ProvidersQualification Requirements:

Minimum: B Degree in Accounting

Preferred: Honours Degree.