Finance Manager at The South African Breweries (SAB)

• The Key Purpose of this role is to strengthen governance and financial oversight by building in-house financial analysis and portfolio management capacity, while supporting trustees with strategic insights that go beyond compliance reporting. Ensure adherence to Section 30C, IFRS, and fiduciary obligations, and anchor institutional capacity through a hybrid model that retains some outsources services. 

Key Roles and Responsibilities: 

Financial reporting and financial management 

• Assess and develop the optimal financial management and financial reporting function 
• Lead financial management, reporting, and risk oversight.
• Work with external auditors, finance external partners and ensure the integrity of financial reports
• Oversee cashflow forecasting, provisioning policies, and portfolio monitoring
• Oversee annual budgets, audits, and trustee reporting

Risk management and procurement 

• Develop and strengthen the internal control and risk management environment
• Develop the most appropriate risk management framework, including maintaining the risk register 
• Develop the most optimal procurement guidelines and practices suitable for the foundation environment

Investment and portfolio management 

• Develop the most optimal capability for loan management, private equity, and blended finance instruments for the support of small businesses. 
• Manage the investment portfolio managed by an external fund manager, ensuring risk-return alignment with SABF’s mandate
• Develop the governance framework required to manage the fund through an external fund manager 
• Assess and benchmark the performance of the investment portfolio and external fund managers 
• Support due diligence and credit assessments for beneficiaries.

Systems and technology

• Lead the identification and implementation of the most appropriate financial reporting, financial management, investment management, and risk management systems
• Assess the effectiveness of implemented systems 

Leadership and stakeholder management

• Work with the external finance team to ensure reporting to the Board of Trustees on the financial affairs of the SABF
• Lead all financial aspects of the SABF and proactively engage with stakeholders to identify and mitigate risks 

Key Attributes and Competencies: 

• Strong finance and investment management background, 
• Experience in high-risk lending, venture capital, or development finance.
• Understanding of philanthropic finance and blended capital models.
• Leadership skills to build internal finance team capacity
• Governance, compliance, and fiduciary acumen.

Minimum Requirements:

• Bachelor's degree in finance, Accounting or related field 
• Postgraduate qualification will be an added advantage 
• 8+ years of experience in financial management, with 3-5 years in senior finance role 
• Strong experience in financial reporting, budgeting cash flow and compliance 
• Proven exposure to fund accounting, grants and loans or investment portfolios 
• Experience in supporting board, Committees and audits 
• Strong analytical, governance capability