Cfo-coo - Pretoria, South Africa - Rudclow Recruit

Description

The CFO/COO is responsible for the implementation of the Impact Catalyst's strategy, operational plan and goals, and strong controls over operational issues, finance, governance and fiscal management.

The role will be responsible to provide management with innovative solutions to support the strategic objectives.

Management of all the financial functions of the Impact Catalyst including budget management, cost benefit analysis, forecasting, management reporting, monitoring and evaluation of outputs, investments, risk, audits, internal controls and securing new funding.

This role will also support operational management by managing and controlling the budgets of programmes in liaison with programme managers or heads of departments.

Roles Responsibilities and Duties -

Summary of Principal Accountabilities:

• Participate in the development and implementation of The Impact Catalyst's strategy and resourcing of strategic objectives in a sustainable manner.
• Direct and oversee the financial management and reporting service.
• Direct and oversee the financial planning, budgeting and monitoring.
• Direct and oversee the cashflow management.
• Direct and oversee adherence to reporting timelines.
• Direct and oversee the fund raising.
• Manage and assure risk identification, compliance, and audit for all financial processes and systems and ensure implementation of best practise.
• Managing of resources (people, finance and assets).

Below are the key performance areas (KPAs) and the key performance indicators (KPIs) that the role will be measured against:

• Participate in the development and implementation of The Impact Catalyst's strategy and resourcing of strategic objectives in a sustainable manner.
• Set financial targets and develop a financial plan that will deliver on the strategy and support performance and financial sustainability objectives of the Impact Catalyst's operations within legislative requirements.
• Establish and advise the organization on requirements to maintain an efficient and effective control environment and high governance standards.
• Establish and advise the organization on the cash flow management system and investment policies.
• Review relevant financial policies regularly to ensure they remain relevant as well as advise and implement improved procedures and processes to mitigate financial risks.
• Review, improve and implement business solutions that meet and adapt to the legal and organisational requirements and align these with changes in the strategy and business objectives.
• Provide direction on appropriate financial system design and implementation to mitigate risks and achieve business goals.
• Maintain relationships with existing funders and expand funder network to facilitate additional funding to ensure sustainability of the organisation.
• Provide support to the CEO by actively managing the day to day accounting and financial operations including facilitating and controlling payments.
• Implement systems which enable budgets and control costs while ensuring optimal governance and compliance.
• Develop budgets for the organisation as a whole, individual programs and new/proposed/expanded services, including the preparation of budget revisions as needed.
• Provide support in the programme and project space by advising on financial elements and costing within projects.
• Review and advise on commercial elements of contracts.
• Plan, develop and implement an effective budget and forecast system and processes and ensure shared financial knowledge across the organisation.
• Assist and advise stakeholders engaging with the Impact Catalyst to ensure an understanding of the business environment, legal framework, business.

16. processes and solutions as well as the impact of changes to legislation on the organisation's finance function.

• Advise management of changes to legislative requirements that will have an operational and financial impact on the business environment in the short and long term.
• Ensure effective and efficient financial resource management to enable the organisation to meet its obligations.
• Ensure that facilities approved by financial institutions will be sufficient to meet the organisational demands.
• Plan and coordinate internal and external statutory audit and action findings to improve the control environment.
• Provide standard, specialised monthly and on-request financial information and analysis to be used for decision making purposes for the organisation as a whole and projects.
• Oversee and review the preparation of all financial reporting required to donor or other funding sources.
• Provide annual financial statements and ensure financial records are complete and accurate.

24Manage the relationship with the independent Auditor to ensure the annual audit is completed smoothly and in a timely manner.

• Build capacity within the staff and the team, to provide operation