Head Financial Systems at Mintek

Job description
KEY PERFORMANCE INDICATORS:

Compliance

• General ledger control and review of monthly balance sheet reconciliations
• Review of financial statements and ensuring that they comply in terms of applicable accounting statements.
• Review of financial statements to ensure that they are fair, accurate and complete.
• Review of audit files for external and internal auditors and ensuring that they agree to account balances
• Completion of PFMA compliance checklist
• Review compliance to state laws and regulations (PFMA, Treasury Regulations, Companies and Vat Acts)

Internal control monitoring

• Review of system and process internal controls to ascertain adequacy, appropriateness and compliance to all regulatory requirements, industry standards and company policies and procedures.
• Based on outcome of the review, design and implement improved internal controls.
• Ensures that systems prevent financial losses resulting from error, fraud or technological malfunction
• Inspect, identify and document systems of internal financial controls
• Drafting of financial policies and standard operating procedures.
• Review of transactions to ensure adherence to policies and procedures
• Follow-up and clearance of external and internal audits management letter issues

Financial Analysis

• Review monthly management reports (companywide and per division) and establish trends with regards to expenses and revenue cycles.
• Identify and resolve errors and discrepancies.
• Review of financial statements to advise management on investments and expense-saving opportunities.

Reporting

• Monthly dashboard reporting on strategic company issues
• Review of quarterly reporting to ensure accuracy and completeness.
• Other adhoc reports as required by management from time-to-time.

Risk management

• Identify and assess financial risks.
• Communicate any changes in financial risk to Risk Committee representative for Finance.
• Assist individuals who perform financial activities with risk assessment and action plans in their area of responsibilities to heighten awareness of financial risk exposures and facilitate discussions of practical ways to manage them
• Review mitigating controls in place and if not adequate, design and implement new controls.

Other

• Employee development
• Follow-up and clearance of all queries from divisions
• Ensure correction of management report items as raised in internal and external audit reports
• Act as a liaison between the internal audit team and business units
• Maintain a working relationship with external auditors

Minimum requirements
QUALIFICATION AND EXPERIENCE

• BCom Honours Degree plus Articles or Masters Degree
• Ideal: CA (SA)
• Minimum: 5 -10 years in an accounting environment computer literacy.
• Specialist and technical knowledge applicable to the compilation of financial statements in terms of GRAP, and Companies Act.
• In depth knowledge of applicable policies, standard operating procedures and applicable legislation.
• Advanced MS Office
• 2-5 years as a Junior Accountant
• 2-5 years as an Auditor