Financial Manager at Crayon

About the job
Note: This is a role for one of our clients, not for Crayon.
JOB SPEC

FINANCIAL MANAGER
Company Description

• An innovative organisation that is passionate about using technology in education to pursue an outcomes-based intervention that can meaningfully impact learners in South Africa. They deploy online English and numeracy literacy programmes in underprivileged primary schools across South Africa. These programmes offer young learners the opportunity to work at their own pace through fun and enjoyable activities while navigating their learning journey by means of technology. This organisation is not only addressing the literacy crisis but also equipping young learners with the technological skills required for future success. 

Role Description

• The purpose of the Financial Manager is to manage the organisation’s various finance functions, including finance and accounting, financial planning, budgeting and analysis, procurement, regulatory and risk management, compliance, grant funding and investment activities. The Financial Manager will report directly to and work closely with the Chief Financial Officer and work closely with other departments in the organisation. The candidate should have strong financial management experience and a strong understanding of financial accounting (for SMEs), management accounting, reporting and procurement processes. The Financial Manager will have one direct report being the financial accountant. 

Salary

Negotiable based on experience

Responsibilities

• Collate, prepare and interpret monthly management reports, accounts, commentaries, annual budgets and financial statements
• Monthly review of spend and reporting thereof to Exco and provincial teams
• Prepare financial report quarterly
• Compile and continuously update financial handbook, policies and processes
• Train on financial accounting and other related updates of the finance team
• IFRS compliance (IFRS for SMEs)
• Tax and VAT submissions and compliance
• Research and implement  new processes and systems in collaboration with other teams and consultants
• Provide financial input into the strategic planning process, including: annual budgets, periodic forecasts and funding requirements
• Liaise with operations to understand procurement requirements and manage the procurement process from authorisation, ordering, payments through to delivery
• Manage suppliers and approved price lists
• Control income, cash flow and expenditure, ensuring these activities fall within the budget, including authorisation of payments against approved purchased orders and delegation of authority
• Assist and collaborate with operations and youth management to ensure optimal integration between finance and operations
• Monthly payroll processing and manage HR processes and systems
• Submit  monthly and bi-annual employee taxes
• Compile timeous submission of all statutory requirements
• Drive efficiencies and continuous improvements in the finance department
• Prepare input into donor reporting and funding proposals
• There are skills required by the organisation that we may identify above and beyond what the role requires. This may be assigned to you as part of your role
   

Requirements

• Must have a degree in relevant field; BCom / SAICA / SAIPA
• 4 years’ experience in financial management or similar role
• Must have management experience and demonstrate the ability to lead a team
• Strong planning, attention to detail and deliver on deadlines
• Proven track record of outstanding performance
• Proven track record of managing complex budgets successfully
• Strong management reporting skills and interpretation of data
• Ability to budget and forecast financial position
• Build on current processes to deliver efficiencies and manage compliance requirements
• Strong interpersonal, management and leadership skills – ability to communicate and motivate the team
• Experience using Xero will be preferable or a strong aptitude for learning on the job
• Experience using Simple Pay will be preferable or a strong aptitude for learning on the job

Personal Attributes

• Strong focus on attention to detail
• Strong focus on deliverables across the organisation
• Excellent at making data driven decisions
• Excellent organisational and planning skills
• Extensive experience with managing a team and building cross departmental relationships
• Ability to work under pressure and think on their feet
• Must have sound judgement and a keen grasp on how finance can influence strategy, mitigate risks and lay a solid foundation for growth
• Strong Excel and Word skills
• Critical, outcomes and solution-based thinker
• Energetic, proactive, self-starter who can take initiative and work independently
• Willingness and openness to learn new skills
• Delegates appropriate responsibilities effectively
• Mission aligned and passionate about making a difference in the education industry