Senior Manager: Finance

Purpose

To render end-to-end financial management, including forward-thinking analysis, generating management reports, ensuring statutory compliance, scaling automated financial processes to crafting financial strategies aligned to business health, PFMA and related legislation. Responsible for accurate, timeous and sound financial information to make informed decisions by the INSETA

• Minimum Requirements:
  • Grade 12 or equivalent and an:
  • NQF level 7 qualification in Financial Accounting, Financial Management, Cost and Management Accounting or similar field.
• Preferred Requirements:
  • BCom Honours / Post Graduate Diploma in Financial Accounting, Financial Management, Cost and Management Accounting or equivalent similar qualification.
  • A Professional registration with any appropriate accounting body (e.g. CIMA, SAICA, SAIPA, IRBA) would be an added advantage.

• A minimum of 6-7 years’ relevant experience in financial management and/or accounting at management level is required.
• Experience in a SETA or Public Sector environment.

• Computer literacy ( Especially Excel)
• Knowledge of relevant legislation within the SETA environment
• Ability to do trend analysis and advice thereon
• Strong financial skill
• Good communication skill
• Ability to interpret data and convert data to management information
• Problem solving skill

• Ensure sound, effective, efficient end-to-end financial management services and systems to the SETA that optimally support delivery on business needs and requirements
• Ensure the provision of accurate and timeous financial information in order for Management to make informed decisions in all areas of operations
• Drive continuous process efficiency, financial rigor and controls
• Drive cost management objectives for functions in the SETA
• Pioneer, build and implement finance best
  -practices and effective change enablement financial services and support for the SETA
• Manage, develop, coach, motivate, performance manage and inspire the Finance teams ensuring performance against set individual and SETA targets
• Continuously monitor the SETA’s financial performance and proactively provide financial advice, support & services to the CFO to ensure delivery on SETA strategic objectives, for example. Analysis & Recommendation of financials;
  Continual improvement of financial systems & controls;
  Monitor & manage cash flow (debtors, creditors);
  Operational and Capital Expenditure;
  Levies & Grants
• Keep abreast of developments within the SETA environment as prescribed by the Department of Higher Education and Training, National Treasury including the Office of the Accountant General
• Ensure compliance with all regulatory and government prescripts
• Inculcate a culture of effective, efficient, economic and transparent use of financial and other SETA resources through the adherence to relevant policies and the requirements of the PFMA
• Oversee and ensure the effective management of external audit processes within the finance business unit
• Ensure the development, management and control of budgets in line with the National Treasury guidelines and provide support and advice through consultation in the preparation process
• Monitor the SETA’s financial performance (manage expenditure and budget revision)
• Ensure the compilation, authenticity and integrity of monthly, quarterly and annual financial and Supply Chain Management reports that comply with regulatory requirements and accurately reflects SETA financial performance
• Development and implementation of robust controls to mitigate against irregular, fruitless and wasteful expenditure
• Report any malfeasance and unlawful practices
• Ensure efficient and effective financial management support to internal stakeholders
• Ensure the effective and efficient management of relevant Service Level Agreements (SLAs) that will result in delivery on the expected and desired outcomes

• Contribute to and support the Chief Financial Officer in establishing, implementing and maintaining grants management, and accounting administrative, management and control systems.
• Provide advice and guidance to INSETA management on…