FINANCE MANAGER

Philippi Village is an integrated, mixed-use development which is home to a diverse community of entrepreneurs and small business owners with retail, office and event space as well as sporting, educational and cultural facilities. Regarded as a business catalyst for township communities situated in Cape Town’s Cape Flats area, Philippi Village’s primary focus is to provide collaborative workspaces for small and micro business owners as well as create employment opportunities and upskill local community members while at the same time providing a vibrant and safe place for social engagement.

Based in  Philippi, Cape Town,  Philippi Village   seeks to appoint a:  

FINANCE MANAGER

The Finance Manager is responsible for all aspects of financial management, ensuring compliance with internal policies and procedures. S/he oversees the day-to-day work of the finance team and is responsible for the effective use and deployment of staff and financial resources. The Finance Manager is based at Philippi Village in Philippi.

Key responsibilities for this position include:

Financial Management 

1. Oversee the production and distribution of monthly management reports to agreed time scales 
2. Produce detailed quarterly cash flow forecasts to form the basis for the working capital request from Shareholders
3. Produce financial reports detailing actual expenditure against forecast to agreed timescales 
4. Produce required financial reports for members of the team and Board of Directors 
5. Produce annual financial reports and statements to agreed time scales to comply with the requirements the South African legal framework. 
6. Develop annual budgets in collaboration with the CEO and Board
7. Ensure compliance with all statutory requirements relating to financial control, financial management and accounting
8. Manage the payroll system and risk benefits offered to employees and ensure that payments are made to individuals, SARS and Risk benefit service providers to set timetables. 

Grants and Fund Management 

• Work with the team to provide financial input into programme budgets and funding applications 

1. In collaboration with staff monitor programme expenditure 
2. Oversee special financial audits 

Other

1. Oversee the insurance requirements of the business and manage insurable risks

The Finance Manager   must meet the following criteria

1. Broad financial management knowledge essential and added operational and business experience advantageous
2. Qualified CA (SA) a requirement
3. A minimum of 5 years’ experience in a similar role
4. Experience in the preparation and finalisation of accounts in accordance with current South African regulations 
5. Knowledge of strategic and financial planning including activity costing, benchmarking, fund tracking and KPIs 
6. Experience in budget preparation and reporting 
7. Experience in goods and services procurement processes 
8. Knowledge of current practice of internal auditing 
9. Highly numerate and able to analyse statistical information and interpret financial data to produce reports which can be understood by non-financial colleagues 
10. Excellent communication skills, both verbal and written 
11. Computer literate; fully conversant with the current uses of information technology in the workplace 
12. Ability to work at both a detailed and strategic level – e.g., making payments and producing annual financial delivery plans etc.

View the full job description and application instructions on the Vacancies page at  www.actionappointments.co.za and email your application by  Friday 06^th October 2023 to  melissa@actionappointments.co.za