Regional Senior Management Accountant(CS/SMA/GR)
Aurum Group
Parktown, ZA
4d ago
source : Jobnos

Company Aurum Group

Reference # (CS / RSMA / GR)

Salary Market Related

Location Parktown, Gauteng, South Africa

Introduction The Aurum Institute is offering a great opportunity to suitably qualified and experienced staff to contribute towards our mission to improve the health of people and communities through innovation in Global Health Research and Systems.

We are focused on research, support and implementing integrated approaches to managing TB and HIV.

The following positions have become available as part of the Health System Division projects.

Job Functions Accounting,Management

Industries Ngo / Non-Profit

Work Description

The SMA is responsible to work in close collaboration with the SA Regional FD to ensure the financial sustainability of the region.

In order to do so, the SMA will be held accountable for the following practices and processes :

Financial Budgeting and Forecasting

Core unfunded Operational Financial Management

General Accounting and Transactional Financial Oversight

Financial Reporting

Financial and Business Decision Making

Auditing and Financial Governance (internal, external and Funder)

YOUR JOB WILL BE TO :

Financial Budgeting and Forecasting

  • Conduct detailed budgeting and forecasting for efficient and effective operations for the group
  • Consolidate the budgets for all divisions and companies
  • Present the budget and forecast
  • Monitor and track expenditure, and maximise cost-benefit ratio's
  • Identify trends in variances over time
  • Recommend and advise on budget revisions to the Regional FD
  • Operational Financial Management : Core unfunded investments

  • Continuously liaise with senior leadership on the divisional strategy and plans to align the financial plans, priorities and processes
  • Formulate and implement the group’s’ financial plans, priorities and processes
  • Manage requests, as well as the processing of Treasury transactions, as well as Inter-Company Transactions / Loans / Chargebacks
  • Manage and reconcile Petty Cash for core project codes
  • Check and oversee HR (payroll) related cost allocation, timesheets, payslips and expenditure
  • Asset Registers are up to date
  • Conduct effective Balance Sheet Management
  • Provide Financial data, information and interpretation as input to Business Cases
  • Engage in financial planning activities to minimise financial risk on projects
  • Support budget Managers to draw up initial budgets for the respective projects
  • Reconcile actual vs project budget, and advise on potential risks and issues
  • Support with requests for funding as well as initiatives to secure alternative funding
  • Risk management
  • General Accounting and Transactional Financial Oversight

  • Ensure that management account data are accurately presented in the financial system
  • Consolidation of core unfunded management acocunts monthly
  • Oversee all financial transactions and ensure compliance to general accounting principles and standards
  • Manage funder debtors within acceptable debtor days for group
  • Monitor Fixed Assets and ensure the integrity and accuracy of the Asset Register
  • Group Financial Reporting

  • Confirm the financial reporting requirements with the Regional FD
  • Identify key financial indicators for Group Financial Performance reporting
  • Ensure that proper reporting mechanisms are in place to conduct financial reporting to budget holders
  • Collate financial data for monthly reporting, clarify variances, and model solutions to address financial variances
  • Financial and Business Decision Making

  • Confirm the decision making authorities pertaining to the role
  • Ensure an in-depth understanding of the key business priorities to be able to successfully prioritise and drive the relevant decision making
  • Actively participate in project management to ensure from a financial perspective that projects are delivered within time, budget and funder requirements
  • Liaise with the Divisional FD and manage all major procurement decisions
  • Ensure an in-depth understanding of the relevant cost and financial value drivers of the Division to be able to identify saving opportunities
  • Monitor and report back on savings realised
  • Monitor project expenses to proactively identify Project extensions and manage low cost extensions
  • Conduct rigorous monitoring and management of assets
  • Participate in Business Case reviews to ensure the financial integrity thereof
  • Group Auditing and Financial Governance

  • Ensure that the appropriate financial governance structures are in place and properly communicated to all stakeholders
  • Monitor adherence to internal Aurum financial parameters, and external legislative and governance requirements
  • Regularly liaise with the Senior Aurum Leadership on corporate governance, provide advice and contribute toward the alignment of Aurum to the relevant legislation and regulations
  • Provide proactive financial advice, insight, commentary and input to the senior leadership to manage and mitigate financial and as such, business risk
  • Ensure that budget holders are adhering to budgets and applying cost control techniques
  • Ensure audit readiness of Aurum and Funders
  • Assist in the coordination the audit process of Aurum and Funders
  • Review reasonability for all statutory Taxes
  • Manage and coordinate Funder compliance (A133) Audits and provide Funder Audit Feedback
  • Cashflow Management

  • Conduct cashflow planning
  • Proactively manage cashflow and monitor cashflow risks
  • Advise the senior leadership on proactive mitigations to put in place to manage risk
  • Minimize losses that may arise from financial transactions and business operations undertaken by the division
  • Conduct treasury forecasting to ensure that inflow and outflow amounts match by considering exchange rate fluctuations
  • Monitor and track foreign exchange gains and losses to minimise an adverse foreign exchange effect
  • YOU SHOULD HAVE :

    Qualification / Professional Membership :

  • Financial related degree with professional qualification, CA, CCMA etc (NQF Level 7)
  • Business Degree / Diploma Advantageous
  • Experience :

  • Minimum of five years’ experience in a financial environment with at least two at management level
  • Attributes :
  • Ethical
  • Ethical
  • Governance and control
  • Results oriented
  • Operational execution
  • Stakeholder orientation
  • Mathematical skills
  • Analytical thinking
  • Attention to detail
  • Analytical ability
  • Results Orientation
  • NB : Non South African citizens must have a valid work-permit

    Please provide current relevant references for background checks.

    Whilst all applications will be carefully considered, only short-listed applicants will be interviewed. If you do not hear from us within 21 days of the closing date, this will mean that your application has been unsuccessful.

    All interviewed applicants will receive feedback as part of our continued drive towards people development.

    The Aurum Institute is an equal-opportunity employer.

    It starts with me, let’s work together..... In the fight against TB and HIV

    To seek, to find, to share, to care

    Job Closing Date 16 / 09 / 2019

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