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South Africa is the largest Coca-Cola market in Africa and consistently ranks among the best performing countries in the world of Coca-Cola. This impressive position is made possible by the hard work and commitment of our four bottlers, our canning operation as well as our employees, whose main vision is to benefit and refresh the people of South Africa. We’re proud to be a business unit of the Coca-Cola Eurasia and Africa Group, which is headquartered in Istanbul, Turkey. TheCoca-Cola Company has operations in more than 200 countries around the world and serves its beverages at a rate of 1.8 billion every day.
Job Description
- The role of the Financial Controller is to report on the financial sustainability and operations of Mintirho Foundation. The successful candidate will have a strategic role in ensuring the Fund remains attractive to potential strategic partners and is compliant to continue operating as a development fund. This professional will provide strategic financial advice to the Executive Controller in order to inform the decisions around the funding activities.
- The Financial Controller will advise the Financial Controller: Support of disbursements and payments that have been identified for authorisation and payments. This position will own and manage the Fund’s loan repayment system and the digitisation of business processes for the Fund’s investments and the Mintirho Foundation team.
Key Duties & Responsibilities
- Support the management of Mintirho’s financial health and strategic guidance
- Support the Mintirho budgeting, management accounts and reporting.
- Risk assessment and advisory on internal fund use.
- Managing audit and tax queries
Financial process, team development and management
- Loan system management
- Ensure Compliance.
- Develop and manage credit management process.
Applications due diligence advisory and post investment support.
- Maintaining of financial screening models.
- Assist in financial review of shortlisted beneficiaries.
- Oversee and approve banking and financial systems setup of beneficiaries.
- Assess beneficiary management accounts for accounting compliance.
- Own and manage tool/system for Beneficiary accounts management (RFP release and tracking, joint bank account authorisation), with the assistance of the Programme Specialist.
- Maintaining of financial assessment templates.
- Owning loan repayment system and tracking (include high level audits of beneficiary management accounts).
- Support the Senior Investment Associate in the development and refinement of the financial templates and models for investment and portfolio analysis and tracking.
Support the drive of the delivery of Mintirho’s financial results
- Support the delivery of the Mitriho year plan, budget and forecasting process to ensure delivery of the Mintriho objectives.
- Together with the Senior Investment Associate develop deep analytical insights on the fund performance of Mintriho.
- Manage budget allocation and spend
Provide Mintriho with strong, integrated analytical insights through:
- Reviewing and analysing funds for Mintriho to identify opportunities and risks.
- Making use of analytical methodology, trending and KPI’s as tools to generate insights.
- Assist building the Mintirho team’s financial skills and capability
Deliver a strong governance and control framework that meets stakeholder expectations.
Working with the organisation to deliver appropriate corrective actions to mitigate known risks and governance deficiencies.
Market Data (Pricing)
- Procurement alignment.
- Facilitate beneficiary contracting and pricing with CCBSA.
- Define key performance metrics and milestones.
Judgement and decision making
- Decisions around optimal strategies for utilisation of Mintirho.
- Partner with Mintriho leadership to generate financial insights to assist with enhancing overall performance.
- Oversees the effective and appropriate cascade of financial KPIs
- Identify key issues and to formulate corrective plans.
- Information and reporting structures and tools.
Skills, Experience & Education
Qualifications:
- Relevant Degree with a specialisation in Accounting (Accounting, Financial Management, Tax, etc.)
- Relevant registrations and certifications (CA(SA) / CIMA / CTA) would be preferred
Experience:
- A minimum of 7+ years post-qualification experience
- A minimum of 5+ years financial management experience
- Added advantage: Direct operational experience
- Added advantage: Relevant financial services and development finance experience
- Experience working within NGOs or Trust Accounting
Competencies
- Outstanding business analysis skills to generate business insight and add measurable value.
- Demonstrated track record of effective performance management and developing staff.
- Foster and cultivate business opportunities and partnerships.
- Emphasis on accounting and reporting skills.
- Goal-orientated and committed to delivering quality outputs.
- Detailed process and analytical ability.
- Ability to work with people at various levels of the business.
- Excellent leadership and management skills.
- Strong verbal / analytical reasoning ability.
- Excellent interpersonal skills, internal and external.
- Ability to prioritise, manage complexity and deal with multiple stakeholders.
- Deliver a customer centric finance function that is able to drive performance delivery and governance compliance throughout the organisation.
General
- The advert has minimum requirements listed. Management reserves the right to use additional or relevant information as criteria for short-listing. Interested applicants, who meet the above employee specifications, should please apply.
This position is equity bonded.
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