Finance Manager at The National Film and Video Foundation (NFVF)

Qualification & Experience:

• Relevant degree in B Com Hons at NFVF level 8 in Accounting, Finance, Auditing or related field; NQF Level  qualification on the 9 Level NQF will be an added advantage.
• 5-8 years’ experience of which at least 5 years is at a Finance Manager level;
• Experience in financial management;
• Experience with Sage Evolution, Caseware;
• Experience in Supply Chain Management and application of PPPFA;
• Experience and expertise in public sector accounting frameworks (GRAP);
• Experience in management & development of people;
• Experience in the application of the PFMA and its regulations;
• Experience in presenting to both internal and external stakeholders;
• Experience in auditing and/or co-ordination of audits (as client); and
• Experience in dealing with National Treasury, Office of the Auditor General, relevant Government department/s and other relevant key stakeholders.

Key Responsibilities:

Financial Strategy Input:

• Submit inputs into the financial strategy of the NFVF to support organizational annual performance plans and strategies;
• Analyse organisation’s strategic plans;
• Monitor implementation of the financial strategy to track progress against targets and identify problems should they arise and recommend remedial actions.

Fund-Raising Strategy:

• Develop and implement the fund-raising strategy for the organisation for review by CFO;
• Identify sources of additional funding over and above the grant received from the Department of Sport, Arts & Culture;
• Benchmark with other entities of similar size & develop an implementation plan to execute and roll out the strategy;
• Ensure execution thereof with detailed milestones and targets;
• Engage with stakeholders (e.g. in the film and video industry, Department of Sport, Arts & Culture) regarding the management of the fund; and
• Ensure reporting requirements are met – monthly, quarterly and annually.
• Provide support to the CFO on the management of the film fund.

Financial Systems & Processes:

• Develop, implement and maintain financial systems through the development of financial policies, procedures & systems and ensure that they are benchmarked with leading practices;
• Review and monitor financial policies, procedures & systems ensuring compliance;
• Produce monthly, quarterly and annual financial reports, budgets, financial statements;
• Co-ordinate monthly and quarterly meetings with Heads of Departments regarding performance against budgets and projections;
• Review monthly payroll reports and third-party payments;
• Submits compliant annual financial statements to National Treasury, Auditor-General, DSAC and other stakeholders;
• Manage the safeguarding of company assets, ensuring that asset verification takes place regularly;
• Ensure compliance with all relevant and key legislation, regulations and accounting practices;
• Ensure budgeting is aligned to Treasury MTEF processes; and
• Ensure compliance with PFMA, National Treasury regulations and GRAP.

Financial Risk Management

• Oversee and co-ordinate risk management in terms of finance;
• Maintain the operational risk register for the finance business unit to ensure implementation of the risk treatment plans;
• Submit a quarterly review of the risk register, treatment plans and audit action plan for review by the CFO;
• Engage with internal and external auditors on all issues related to audit findings;
• Co-ordinate audits as the key contact/liaison with auditors; and
• Maintain and update the audit improvement plan for the organization and submit to the CFO on a quarterly basis.

Staff Management

• Ensure performance contracts and reviews for subordinate staff take place in terms of policy;
• Provide input into performance appraisal reports; and
• Identify training and development needs and opportunities for subordinate staff.