Financial Manager

Job Title: Finance ManagerPrimary Purpose:Responsible for managing and developing business analysis of financial statements for the Council's Funds. Oversee the accounting team's management for processing financial transactions and statutory returns, ensuring compliance with accepted accounting practices and regulations.Key Performance Areas, Deliverables & Measures:Management of the Team of Accounting Professionals / ClerksManage and cultivate a motivated and productive finance team environment.Collaborate with Funds Administrator & Finance Executive to set and achieve team objectives.Review employee performance and identify future needs and capabilities.Plan workload allocation, conduct performance appraisals, and facilitate training interventions.Resolve staff-related issues within the finance department.Key Performance Indicators:Motivated and skilled teamCompliance with HR policiesAvailability of staffBudgetingProvide strategic financial guidance to executive management and departments.Collaborate with departments to align financial goals with Council's objectives.Improve budgeting efficiencies and prepare budget drafts for submission.Key Performance Indicators:Accuracy of expense accountsCompliance with financial policiesProvision of annual budgets and forecastsFinancial ReportingPrepare, analyze, and report financial statements for Council submission.Analyze variances and propose corrective actions.Verify reconciliations and prepare monthly management accounts.Key Performance Indicators:Complete and accurate management accountsCompliance with financial policiesGeneral Ledger ManagementManage cash flow and ensure accurate financial transactions recording.Verify and authorize entries, resolve ledger queries, and process payments.Key Performance Indicators:Accuracy and timeliness of reportingCompliance with financial policiesAvailability of fundsStatutory ComplianceSubmit returns to regulatory authorities and ensure compliance with tax regulations.Key Performance Indicators:Timely and accurate submissionsFixed Assets MaintenanceOversee fixed asset register maintenance and depreciation calculations.Key Performance Indicators:Timely and accurate postingAd hoc functions as assignedKey Stakeholder Relationships:Internal: Funds Administrator, Finance Executive, Accounts Administrators, EXCO, all FBC departmentsExternal: Bank, Department of Labour, External Auditors, SARS, Service ProvidersQualification Requirements:Minimum: B Degree in AccountingPreferred: Honours Degree.