Overview

FUNCTION OF DEPARTMENT

The finance function is accountable for strategising financial performance by planning and implementing the financial strategy and long term planning process. It ensures that both commercial (business and management accounting) and financial (statutory accounting / corporate governance) transactions are recorded and reported on. The finance function is accountable for preparing SAT’s budgets and forecasts, and to report back on the progress against these throughout the year. Lastly, it focuses on ensuring compliance with all statutory requirements relating to financial control, financial management and accounting, including the implementation and adherence to finance policies, procedures and systems.

MAIN TASKS WITHIN THE BUSINESS UNIT

1. Prepare annual financial statements within agreed time scales to comply with all legal/statutory requirements;

2. Ensure compliance with all statutory requirements relating to financial control, financial management and accounting, including the implementation and adherence to finance policies, procedures and systems;

3. Prepare financial reports detailing actual income and expenditure and forecasts against budget within agreed timescales;

4. Ensure that all reconciliations are prepared in an accurate and timely basis, for example bank reconciliations, debtors, creditors and inter-company account;

Develop annual budgets in collaboration with key stakeholders;

6. Ensure payroll and payroll related payments to employees are made by respective due dates;

7. Manage all operational finance activities in an efficient and effective way;

8. Maintain current standing with all mandated local tax and benefits registrations and requirements, including submissions of payments and reports (SARS etc).

QUALIFICATION & EXPERIENCE

Degree in Accounting or National Diploma in Accounting or relevant accounting/finance qualification

Good level of presentation and report writing skills. Excellent written and oral communication skills.

3-5 years experience in an accounting or finance role

JOB PURPOSE

The main purpose of a Financial Officer is to record, summarise and report on the financial transactions of the site (business unit). Understanding the site’s financial performance by ensuring accurate and timeous financial reporting and variance analysis is the core accountability of the finance officer. These reports include SAT internal, donor and partner reporting activities. In being accountable for the full site finance function, the person is involved in managing the finance and governance functions of partner recruitment and Partner Learning and Development activities.

KEY TECHNICAL SKILLS

Legislative and other relevant standards and practices: Expertise in the Public Finance Management Act; Advance knowledge of VAT and PAYE returns

Knowledge and experience in the following computer packages: MS Office, Sharepoint and SAGE Pastel

Solid experience and exposure to high level of financial analysis

Experience in the use of financial analysis and reporting

Knowledge and experience in all types of reconciliations

Ability to do audit preparation and support external audits, including implementation of all audit findings

Interested candidates must send a motivation letter highlighting your suitability to the role and a CV with contact details of three work-related referees to annelie@maraisbutton.co.za

Contact will only be made with shortlisted candidates