Job Description

Requirements and Competencies:

• Degree in Commerce (NQF 7) or related/relevant field.
• 8 years experience in a financial management environment with 2 years in a management role.
• Professional registration i.e. CA(SA), CIMA, CGMA
• Communication
• Auditing
• Management Experience
• Risk Management
• Reporting
• A valid driverxe2x80x99s license

Key Responsibilities :FINANCIAL MANAGEMENT

• Identifying cost saving strategies and implementation of strategies according to Treasury guidelines.
• Interprets and projects financial information for all units.
• Ensures all accounts, company expenditures and fixed assets are reconciled accurately.
• Reviews general ledger and conducts monthly reconciliations.
• Ensures all practices are compliant with CBE policies and procedures.
• Prepares asset, liability, and capital account entries by compiling and analysing account information.
• Ensures documentation of financial transactions through the entry of account information on the system.
• Recommends financial actions by analysing accounting options.
• Summarises current financial status by collecting information, and preparing balance sheet, profit and loss statements and other reports.
• Substantiates financial transactions by auditing documents.
• Reconciles financial discrepancies by collecting and analysing account information.
• Compiles financial information for annual reports.

RETURNS AND REGULATIONS

• Ensures that accounting processes are done as per local fiscal requirements.
• Completes reports as per legal regulations and requirements with regards to Tax and Accounting practices.
• Liaises with Statutory and Auditing Bodies to ensure compliance with all Returns and Regulations.
• Ensures CBExe2x80x99s financial policies, systems and procedures are adhered to.
• Ensures that 3rd payments are prepared and submitted to SARS.

HUMAN CAPITAL MANAGEMENT

• Set annual performance objectives for employees.
• Ensures all employees have signed performance agreements.
• Conducts employeexe2x80x99s appraisals.
• Develop action plans to address poor performance.
• Identifies training needs of employees.
• Ensures ongoing training and development of employees.
• Addressing labour issues

MANAGEMENT ACCOUNTING

• Implements asset management policy and manages assets in accordance to the policy.
• Communicates budget guidelines to all Units.
• Collates and prepares the budget for the new financial year.
• Ensures the requests for Capital Expenditure (CAPEX) from units are within budgeted parameters.
• Participates in the assessment and recommendation of Capital Expenditure (CAPEX) requests.
• Compares new budget with forecasted budget.
• Submits reasons for budgetary deviations.
• Submits final draft budget for approval.
• Analyses accounting variances on the general ledger accounts.
• Develops management reports.
• Distributes monthly expenditure records to units to manage their expenses.
• Analyses accuracy of recordings of all financial transactions.
• Approves monthly journal corrections.
• Communicates month end dates to divisions.
• Consolidates Unit results into one report.
• Review payroll-related information before effecting payments

MANAGEMENT OF THE FACILITIES OPERATIONS

• Investigate the availability and suitability of options for alternative premises.
• Calculates and compares costs for required goods or services to achieve maximum value for money.
• Plans for future development in line with strategic business objectives.
• Ensures the existence of essential central facilities such as reception, security, maintenance, mail, archiving, cleaning, catering, waste disposal and recycling.
• Ensures building meets health and safety requirements and that facilities comply with legislation keeping employees safe.
• Plans best allocation and utilisation of space and resources for new buildings or re-organisation of current premises.
• Checks that agreed work by contractors has been completed satisfactorily.
• Develop a business continuity plan for CBE to ensure smooth running of operations.

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