As a Senior Manager in Finance, the role will support the Head of Finance in the administrative, financial, and risk management operations of Anova, specifically on Other Projects , managing daily operations, reporting accurate financial results, and implementing financial procedures to improve/maintain the financial health of the organisation and provide efficient functioning and delivery of all finance aspects on Other Projects
Key Duties And Responsibilities
Financial management and reporting
- Compile the Annual Financial Statements
- Compile and analyse the monthly management packs in collaboration with other Financial Managers
- Distribute the management packs timeously
- Compile a monthly budget to actual reports with variance analysis and other required standard reports.
- This includes responding to ad-hoc reporting and financial analysis.
- Support the Head of Finance in producing inputs for the monthly and quarterly exco and board packs, and other financial presentations for review.
- Provide support to the Head of Finance during annual audit and coordinate in the preparation of the required financial reports.
- Perform monthly analysis of operational activities, including historical, current, and projected expense, cash flow, variances, and key financial data, including indirect cost for FINCO.
- Actively participate in the monthly FINCO meetings, presenting the Other Projects management packs
- Manage daily functions to ensure the financial infrastructure is stable and supports the future demands of the organisation.
- Manage daily operations by:
- verifying the accuracy and quality of all financial information ensuring it is maintained in terms of international financial reporting standards and generally accepted accounting practices.
- ensuring that performance measures and monitoring systems are in place that support the organisations strategic direction
- managing and overseeing that reporting, monitoring, and recording systems attain the highest standard of financial integrity
- ensuring that procedures and policies are implemented in line with best industry practices.
- ensuring cash flow management of the projects by monitoring cash balances and cash forecasts, and tracking cash flow to ensure it is appropriate and sustainable
- reviewing creditor reconciliations and ensuring they a submitted monthly, as per finance timetable.
- reviewing and authorising EFT payments and supporting documentation.
- overseeing the issuance of financial information
- champion excellent management of financial resources, promoting efficiency, high performance, and overall value for money.
- promote the review of financial policy, systems, and practices to deliver continual improvement, automation and self-service and explore systems full benefits.
- Monitor budget expenditure ensuring that expenditure is in line with what is required.
- Ensure the timely preparation of robust budgets from a financial perspective, testing the underlying assumptions and quality assuring the cost, benefits, and mitigating risks.
People management
- Manage staff (in line with policies, procedures, and standards) by:
- Partnering with HR on recruitment and induction of new team members.
- Managing the performance review process.
- Identifying training needs or staff support needs and ensuring that such training or support is provided.
- Mentoring and guiding staff by facilitating regular meetings.
- Develop relationships with relevant financial institutions, internal, external and funder auditors and stakeholders to ensure good working relations.
- Manage and retain relationships with various vendors to meet the requirements of the organisation.
- Understand and mitigate key elements of the company's risk profile and support in identifying and reporting financial risks to the Head of Finance to ensure implementation of corrective measures and/or risks identified are mitigated to an acceptable residual risk. Ensure that record keeping meets the requirements of auditors and government agencies.
- Act as a change agent for the team to support them in transitioning effectively during systems changes
- Actively participate in the systems design, roll out and evaluation.
- Support Head of Finance and CFO with other adhoc items
- Support the Head of Finance and Assets team with the annual fixed assets verification project.
- Compt / BCom Hons/ Professional accountant
- At least 3 to 6 years progressively responsible experience in a financial management role
- Solid staff managerial and supervisory experience working in cross functional teams
- Solid knowledge of financial accounting policies and procedures
- Understanding of International Financial Reporting Standards.
- Enterprise resource planning /systems experience
- Excellent communications and presentation skills in English
- Strategic thinking
- Analytical
- Problem solving
- Purposeful
Anova Health Institute is a provider of essential health services and therefore has a mandatory vaccination policy. Should your application be successful, you will be required to submit your proof of vaccination before commencing employment in the role.
Applicants who have not been contacted within 4 weeks of submitting their application should assume that they have not been successful.
Unsolicited CVs from agencies will not be paid agency fees should their candidate be placed at Anova.
For more information on Anova visit our website: www.anovahealth.co.za
