Finance Manager (DELTAS Africa SSACAB II) Fixed Term Contract

Main Purpose Of The Job

• To oversee the financial operations of the Programme and advise on budget plans, monitor finances, and produce financial reports

Location:

• Wits School of Public Health Parktown, Johannesburg

Key Performance Areas

• Develop and implement financial strategies and activities aligned with the divisional needs
• Develop and implement financial strategies, including systems, processes, procedures, and policies by practising sound governance
• Implement and enhance financial and accounting systems, processes, tools, and control systems
• Develop and utilise activity-based financial analyses that provide insight into the division's operations
• Provide strategies in the set-up of the creditors' department, tracking of purchase orders and procurement
• Oversee cash flow planning and management and ensure availability of funds as needed
• Establish financial management mechanisms that reduce financial risk
• Oversee legal and regulatory compliance regarding all financial functions
• Ensuring all costs incurred by the division are compliant with WHC policies as well as donor rules
• Includes timing and planning of the audit, Liaise with WHC Compliance, donors, and auditors on issues raised and resolving such issues
• Manage and review all month-end and year-end closing activities
• Manage the preparation and communication of month-end and year-end financial statements
• Produce accurate financial reports within set deadlines to relevant stakeholders
• Perform trend analysis and make recommendations
• Collaborate with managers to develop annual budgets
• Forecast future financial outcomes
• Plan, prepare and review annual budgets, including operations budget, for approval by stakeholders
• Disseminate and present budgets to stakeholders (including donors)
• Monitor the budget through effective internal controls
• Manage expenditures and report any irregularities
• Manage cost recovery from projects
• Take appropriate steps to prevent unauthorised expenditure or overspending
• Produce variance reports and budget forecasts
• Gain a full understanding of the division's financial needs
• Act as a strategic business partner in providing expert advice on the rectification of over- and under-spending
• Alert the division of exceptional problems
• Advise the division on allocations and accruals of expenses
• Communicate with senior management (including Leadership Groups) regarding cash flow and business developments
• Provide strategic input and advice into the appropriate resource and technical capacities for WHC
• Serve as the point of contact for internal and external auditors
• Attend to all staffing requirements and administration
• Supervise and manage the duties of subordinates to ensure optimal staff utilisation and maintenance of sound labour relations
• Perform and facilitate performance development and assessments
• Identify substandard performance by team members and take necessary corrective action
• Coach and train subordinates and team members to ensure the acquisition of knowledge and skills required by the organisation
• Promote harmony, teamwork and sharing of information

Required Minimum Education And Training

• Bachelor's Degree in Accounting
• A Master's in accounting will be an added advantage

Required Minimum Work Experience

• Minimum of 5 years of experience as an Accountant or Financial Manager

Desirable Additional Education, Work Experience And Personal Abilities

• Sound knowledge of financial management
• Advanced knowledge of Microsoft Office and accounting systems i.e., Sage X3
• A high degree of integrity and trust
• Attention to detail, meticulous and thorough
• Ability to influence and negotiate with all stakeholders and manage people
• Able to prioritise own workload in meeting deadlines and handle pressure

To Apply

• Only if you do meet the minimum job requirements and experience as mentioned above, you may submit a detailed updated CV.
• Please Apply Online.
• Please take note that the applicants who do not adhere to the above criteria will not be considered for the respective position.
• The closing date for all applications: 17 July 2023.
• Note AJ Personnel is fully POPI compliant.
• Note WHC, in accordance with their Employment Equity goals and plan, will give preference to suitable applicants from designated groups as defined in the Employment Equity Act 55 of 1998 and subsequent amendments thereto.

Please Note

• AJ PERSONNEL is only responsible for the advertising of the advertisement on behalf of their client Wits Health Consortium.
• Wits Health Consortium will only respond to shortlisted candidates.
• Candidates who have not been contacted within two weeks of the closing date can consider their applications to be unsuccessful.
• AJ Personnel does not have any salary or other information regarding the position.

Desired Skills

• Accounting
• Communication
• Computing
• Finance
• Healthcare
• Medical

About The Employer

BackgroundWits Health Consortium (Pty) Limited ("WHC") is a wholly-owned Company of the University of the Witwatersrand, Johannesburg (South Africa) under its Faculty of Health Sciences. WHC provides Faculty with a legal framework within which to operate the research and other activities necessary to support its academic objectives. In addition, WHC offers a range of products and services to Academics.