Financial Manager: Radio (Auckland Park) 1 at The South African Broadcasting Corporation (SABC)

MAIN PURPOSE OF POSITION

Reporting to Manager : Finance: To develop, manage and maintain efficient and effective financial services that achieve cost reductions through a financial strategy of planned and effective process re-design value-added services and integrated systems.

DUTIES AND RESPONSIBILITIES:

DEVELOPMENT AND IMPLEMENTATION OF STRATEGY

• Provide input on internal business review analysis to guide strategic input and development.
• Provide input on strategic direction to the business in outline current and future financial objectives.
• Review and Report on the achievement of business units objectives.
• Proactively provide financial advice and support to in order to ensure strategic business objectives are achieved.

BUSINESS OPERATIONAL EFFICIENCY

• Review and Report on the achievement of business units objectives.
• Proactively manage month end reporting in line with Group Finance Deadlines.
• Ensure that all monthly Income Statement and Balance Sheet reconciliations are performed on time.
• Provide and Assist in managing the income statement for the divisional business units; Provide accurate and timeous financial information in order for management to make informed decisions.
• Manage, co-ordinate and monitor the annual budgets.
• Proactively provide financial advice and support to Group Sales and Marketing in order to ensure strategic business objectives are achieved.
• Establish and maintain inconspicuous control systems targeted at key risk areas.
• Provide flexible information delivery systems that respond to changing needs.
• Perform ad-hoc investigations and prepare ad-hoc reports.

GOVERNANCE RISK AND COMPLIANCE

• Monitor and report on operational risks and compliance.
• Implement internal control measures to ensure good governance and compliance.
• Oversee the management of Operational risks to protect organisational integrity, create value, prevent financial loss and ensure compliance with applicable policies and legislations. 
• Monitor compliance in line with OHS Act.
• Develop, implement and maintain sound internal control processes 
• Monitor execution of internal risk audits and address gaps and provide execution of mitigation strategies.
• Evaluate all business plans in the context of compliance to the organisational guidelines and policies.

STAKEHOLDER MANAGEMENT

• Explore and make recommendations on current Operational processes to streamline and improve it for better efficiency and effectiveness.
• Create and maintain cross functional communication with internal stakeholders.
• Effective discussion, coaching and communication with all levels of management in order to set proper budgets & forecasts.

LEADERSHIP AND PEOPLE MANAGEMENT

• Contract, set target and manage Performance of the team in accordance with the Performance Management policy. 
• Effective management of Employment Relations issues within the Business Unit.
• Manage, direct, guide, motivate and develop the team
• Ensure effective communication within the department and division and promote effective communication channels.
• Personnel Development Plans (PDP) for all staff members.
• Provide direction on the attraction and retention of staff.
• Ensure the relevant Job profiles are prepared and are available for the Business Unit.
• Provide direction on the retention and attraction of staff.

INHERENT/MINIMUM REQUIREMENTS

QUALIFICATIONS

• National Diploma / Bachelor’s Degree in Financial Management or equivalent qualification. (NQF6/7)

EXPERIENCE

• 6 years’ experience in Financial Management of which 3 years should be Supervisory Level. 

KNOWLEDGE

• Business planning and complexity theory
• Knowledge of Public Financial Management Act 
• Knowledge of Government Regulations
• Good judgement to make rational, realistic and sound decisions based on consideration of all the facts and alternatives available
• Budget management and forward scenario planning
• PFMA and relevant national treasury regulations
• Strategic management
• Management information systems
• Financial accounting standards and IFRS
• Scenario planning and Trend analysis
• Understanding of the different role players within the broadcasting landscape
• Project management
• Understanding of applicable legislative frameworks and regulations