Head of Finance, Johannesburg: Salary to Be - Cedar Wood Recruitment

Cedar Wood Recruitment

Verified Company

Johannesburg, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Cedar Wood Recruitment is now recruiting for a Head of Finance for its sustainability Partner based at the Clients head office in Johannesburg. The Client is an internationally acclaimed tour and safari destinations operator. The purpose and mission of the Partner is to facilitate the empowerment and development of people living in or adjacent to, protected areas in Africa, by forging unique partnerships between conservation initiatives and local communities.

Key Performance Areas

_ BROAD OVERVIEW_

_ Responsibilities_

Manage finance function and staff across all Partner Trusts
Plan, direct and coordinate the responsibilities of subordinates to ensure processes and teams are performing in line with expectations.
Develop and maintain processes to achieve efficient and effective financial management and control across all entities.
Ensure financial and governance disciplines are maintained to highest standards.
Work closely with the Partner CEO, Management and the Company Impact & Finance teams to develop and formulate sustainable strategic growth initiatives.

_Management Accounts_

Implement and maintain financial processes and procedures to facilitate the preparation of timely and accurate management accounts (Profit and Loss, Balance Sheet and Cashflow) in full compliance with IFRS reporting requirements and AF accounting policies.
Facilitate detailed reviews to ensure accuracy of all reports and effect improvements to address gaps.
Investigate and report variances and implement controls to reduce variances where relevant.
Distribute Management accounts and financial commentary thereon monthly.

_Financial Budgets and Forecasts_

Coordinate regional annual budgeting and quarterly forecasting with all stakeholders.
Maintain commercial focus through preparation & review of detailed budgets and forecasts that accurately tracks and fully discloses expenditure composition, drivers and movements, that is reviewed in detail and approved by the Board before the commencement of the financial year.
Prepare Quarterly financial forecasts to the end of the financial year, which forecasts accurately reflect updated YTD results, anticipated project closures, planned expenditure, cash requirements and cash positions to the end of the year.

_Annual Audit & Financial Statements_

Ensure we have unqualified financial statements signed within 6 months of financial year end for each of the Trusts.
Liaise with Auditors to plan and execute audit timeously and manage the Partners teams to facilitate responses.

_Governance, Accounting policies and Procedures_

Review and maintain accounting policies and procedures that transactions are fully and accurately disclosed to all stakeholders, assets are accounted for and secured and risks are identified and managed.
Maintain procedures for custody and control of assets and records in order to ensure safekeeping.

_Project Management, Reporting & Closures_

Maintain detailed Project accounts to track donations, approved spend and remaining funds.
Review and develop donor agreements to ensure financial processes are aligned with accounting policies and underlying agreements.

_The Company_

Work closely with the Company and its Group to track, recognise and control loan account transactions.
Support Impact reporting requirements and disclosure across both the Company and its Partner.

Ad Hoc Tasks
Ad hoc projects as required from time to time.

_ DETAILED RESPONSIBILITIES_

_ Banking & Cash_

Ensure accurate allocation of Donations & Payments.
Sign off Bank Reconciliations.
Ensure timeous Payments to Foreign Suppliers & Related Party Loan Accounts.
Ensure Online Suppliers payments are released timeously.

_Accounts Receivables & Donation Income_

Monthly review of Accounts Receivables.
Monthly revaluation of Accounts Receivables.
Update Donation Revenue Reports monthly & distribute to relevant parties.

_Accounts Payables_

Monthly review of Accounts Receivable reports & reconciliations.
Monthly revaluation of Accounts Receivables.

_Project Management, Reporting & Closures_

Maintain detailed Project accounts to track donations, historical spend and remaining funds over time, with the necessary checks and balances to verify to remaining cash on hand.
Review underlying agreements and ensure Project spend and reporting is aligned with accounting policies and underlying agreements.
Manage the financial closure of projects.
Assist with Project Transfer Requests.

_Donor Reporting_
Donor reporting as required.

_ Related Party Loans_