Finance Manager at Kagiso Media

Description

Key Responsibilities 

Financial Business Support:

• Manage accounting functions including maintenance of general ledger, accounts payable ledger, accounts receivable ledger, and cash books, ensuring accurate and timeous accounting.
• Manage monthly closing of financial records.
• Preparation and review of monthly management accounts and business review presentations, including detailed commentary on significant variances to budget and prior year, and operational highlights.
• Preparation and review of quarterly reports to the board of directors.
• Preparation and review of quarterly financial forecasts and annual budgets.
• Preparation & review of Annual and Interim Financial Reporting as well as the Annual Financial Statements in accordance ith International Financial Reporting Standards.
• Manage procurement policy compliance and the entire procure-to-pay process.
• Manage treasury function including payments and collections, ensuring maximum cash return, as well as maintaining banking relationships.
• Manage inter-company transactions and balances, and the reporting thereof.
• Manage fixed asset register and capital expenditure, monitoring spending for adherence to approved budget.
• Review and update of payroll file and supporting documentation for monthly submission to Payroll.
• Management of trade exchange contracts and the accounting thereof.
• Management of corporate credit cards, petty cash and company fleet.
• Management of finance policies, and the internal control environment including internal financial control processes.
• Manage external and internal audit processes as well as other agreed upon procedures, within budget.
• Advocate for sound corporate governance in accordance to best practices.
• Implementation and monitoring of financial policies and internal controls.
• Providing input into the organization's strategy setting, implementation and monitoring.
• Scoping and analysis of key strategic projects.
• Business support in daily operations and projects, addressing financial aspects to meet business needs.
• Management of key suppliers/contracts to ensure delivery of rights and obligations.

Risk management, Adherence to BBBEE and other regulatory/compliance:

• Update of payroll file and supporting documentation inputs for monthly submission.
• Manage the identification, assessment, and management of risk across the organization, keeping a regularly updated strategic risk register.
• Manage BBBEE and financial compliance procedures. Manage and coordinate Procurement, Supplier & Enterprise Development & SED components of the BBBEE scorecard.
• Manage compliance requirements with ICASA around license conditions and relevant reporting requirements.
• Ensure reporting compliance and timeous payment of levies to SAMRO and SAMPRA
• Manage compliance with the Tax legislation, including preparation and filing of VAT, PAYE, Income Tax and Dividend tax requirements.
• Ensure that all regulatory and legislative matters are attended to.

Leadership:

• Lead finance team. Encourage a healthy work culture and positive work ethic in the department.
• Manage and measure the performance of team members, providing regular feedback.
• Manage the development of individuals as well as succession planning of the various roles within the team.
• Delegate projects to team members to ensure the best possible spread of workload, with a sufficient amount of empowerment and coaching.
• Provide support, and encouragement and administer disciplinary action when necessary.

General:

• Interface with management in various departments in setting, implementing, and measuring organizational strategy.
• Member of Management Committee (“Manco”), including attendance of weekly Manco meetings.
• Assists with Ad Hoc projects where required.
• Execute any other tasks that may reasonably be expected.
• Effectively manage all relevant stakeholders.

Requirements

Qualifications and Competencies: 

• CA or equivalent qualification

Skills & Experience:

• Strong technical accounting background with at least 3 years in similar Senior Financial Management roles
• Computer literate and excellent writing and communication.

Attributes:

• Goal and task prioritization.
• Positive outlook, can-do attitude.
• Strong track record as a “team player and lead”.
• Passion for radio.