MANAGER: FINANCE – CA(SA)/CIMA 5 YEARS MIN FS EXPERIENCE – IF ANY IN ASSET MANAGEMENT A DISTINCT ADVANTAGE – REF9757

HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS

Our client is a multi-specialist investment company in 10 African countries with business partners

in North America, the United Kingdom, Europe, the Middle East and Asia.  As one of the largest investment managers in South Africa, the company employs a wide range of professional and specialist investment and technical staff. Staff compliment countrywide is nearly 600. They have a diverse investment offering designed to deliver on their investment promise to their clients.

You will report to the CFO.

JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:

• You will be required to plan, manage and monitor the implementation of financial activities and processes in order to deliver on approved operational plans in an effective and efficient manner, with a focus on the Institutional business area;
• Process :
  • You will be responsible for maintaining quality, service and outputs related to a work area, ensuring compliance with set policy, procedures and standards;
  • You will be required to proactively identify operational problems, determine cause and effect, select and implement the best solution to solve problems based on previous experience and understanding of the context;
  • You will be required to plan for and organise multiple work activities for team execution by assigning priorities against the set framework in light of the specific situational context;
  • You will be required to analyse operational records, trends and costs related to estimated and realised revenues to project future revenues and expenses;
  • You will be required to ensure accurate reconciliation of financial transaction records to supporting documentation to enable verification of the validity of transactions;
  • You will be required to ensure the accurate operation of rates and terms related to financial service offerings;
  • You will be required to facilitate internal and external audits, financial statements and regulatory submissions;
  • You will be required to implement and manage the accurate preparation of budgets and ensure monitoring of performance against actual outcomes;
• Finance :
  • You will be required to compile a budget aligned to the operational or area specific delivery of plans; monitor and report on variances and make sure that planned objectives are reported, escalating any deviations;
  • You will be required to manage the effective cost control of financial processes in line with targeted savings;
• Learning and growth:
  • You will be required to schedule, allocate and effectively manage human resources within own area of responsibility in line with specified and specific constraints or parameters;
  • You will be required to manage teams within the context of defined processes, set required performance parameters and act as technical coach where required;
• Governance:
  • You will be required to implement and utilise risk, governance and compliance policies and processes effectively, to identify and manage risk exposure;
  • You will be required to create awareness to ensure the effective implementation of changes in policy, laws, regulations and associated industry practices.

CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:

• You are customer orientated:
  • Demonstrate a detailed understanding and application of customer focus;
    • Put customers first and is eager to please them in line with company standards;
    • Develop and sustain productive customer relationships;
    • Anticipate how plans and actions of the business will affect the customer in the short term;
    • Coach others to forge relationships with customers and add value;
    • Take customer issues to the appropriate people within the organisation to obtain the most accurate information to meet customer needs;
    • Implement a methodical and consistent approach towards customer service and achieving quality results;
• You have strong relationship management and networking skills:
  • The ability to form and foster relationships with others towards a common goal;
    • The ability to develop and maintain productive relationships with stakeholders, across organisational boundaries, with key role players and customers’ displaying integrity and discretion when interacting with others;
    • Develop and nurture key contacts as a source of information;
    • Proactively share and seek information within and across teams to achieve goals;
    • Work with existing stakeholders, honouring established agreements / contracts;
    • Understand the roles played by key stakeholders to realise organisational strategic goals and objectives;
• You are able to communicate with impact:
  • Noticeable increase in vocabulary depth and breadth when communicating;
    • Able to exchange information and ideas in a clear and concise manner appropriate for the audience, in order to explain, persuade, convince and influence other to achieve the desired outcomes;
    • Understand why clear and direct communication is important;
    • Demonstrate the ability to listen actively;
    • Understand the different types of messages and mediums (e.g. email, face to face) to communicate in;
    • Understand the importance of tailoring the conversation to the audience;
    • Able to take other’s perspectives into account when communicating.
• You have sound judgment and decision-making skills:
  • Practical application;
    • Make sound decisions and develops appropriate and if necessary, alternative courses of action, based on logical assumptions, systematic thinking and information, managing time and deadlines – resulting in desired outcomes;
    • Make appropriate and timely decisions in moderately complex situations amongst own and related teams;
    • Consider alternative decisions, the implications of which are generally known and short-term, and selects an optimum course of action;
    • Appropriately solicits the input of those who will be affected by the decision;
• You are able to work in a team and cooperate:
  • Promote a culture of teamwork within the team under your supervision;
    • Cooperate with others to accomplish common goals;
    • Work with employees within and across your department to achieve shared goals;
    • Value the contributions of others;
    • Consistently work with others to accomplish goals and tasks;
    • Provide balanced feedback to improve team collaboration and functioning on a continuous basis;
    • Regularly initiate communication to help solve interpersonal team conflicts and problems;
    • Treat all team members with a respectful, courteous and professional manner; supports team despite different points of view or setbacks;
• You have honed strategic insight and capability:
  • Advance strategic intent;
    • Provide a vision, set the direction for the organisation and or unit and inspires others to deliver on the organisational mandate;
    • Give direction to team in realising the organisational strategic objectives;
    • Impact positively on team morale, sense of belonging and participation;
    • Develop action plans to execute strategic initiatives;
    • Assist in defining performance measures to evaluate the success of strategies;
    • Identify and communicate obstacles to executing specific strategies;
    • Support stakeholders in achieving their goals;
    • Inspire staff with own behaviour – walk the talk;
    • Manage and take calculated risks;
    • Communicate strategic plan to the organisation;
    • Utilise strategic planning methods and tools;
• You have sound problem solving and analysis skills:
  • The ability to systematically identify, analyse and resolve existing and anticipated problems;
    • Able to systematically identify, analyse and resolve existing and anticipated problems in order to reach optimum solutions in a timely manner;
    • Demonstrate an ability to quickly assess a situation and determine best operational strategy for resolution;
    • Ensure that decisions are made based on policies, rules and organisational directives in order to solve problems in the best interests of all stakeholders;
• You have strong interpersonal effectiveness:
  • Work with and influence others towards realising goals and objectives;
    • Ability to influence a wide range of diverse individuals and groups positively;
    • Ensure that people in the unit understand how their work relates to the business goals and objectives;
    • Provide clear direction or gains compliance from others;
    • Recognise and encourage the behaviours that contribute to relationship management;
    • Work cooperatively with others to produce innovative solutions;
• You have mature people management and empowerment skills:
  • Independently develop and apply more advanced concepts and methods. Plan and guide the work of others;
    • Able to manage and encourage people, optimise their outputs and effectively manage relationships, to achieve organisational goals;
    • Actively seek opportunities to acquire and develop relevant knowledge to apply at work;
    • Adhere to internal and industry standards with regard to human resource practices;
    • Identify competencies required;
    • Suitable resources for specific tasks;
    • Facilitate team goal setting and problem solving;
    • Recognise differences between individuals, cultures and teams and provide developmental feedback in accordance with performance management principles;
    • Seek opportunities to increase personal and team contribution;
• You have organisation skills and a keen eye for detail:
  • Manage the activities of a work team under your supervision;
    • The extent to which you systematically employ a standard system for the organisations work processes and related resources and an overall concern for integrating all aspects of the task, situation and or work related problem;
    • Maintain focus and quality under distracting working conditions and high workload;
    • Review your own work carefully for completeness and accuracy against a set criteria and / or checklist prior to submitting for final review;
    • Use multiple communication channels to ensure assignment instructions are clear and that sufficient detail is provided to others;
• You have superior budgeting and expenditure control skills:
  • Apply concepts of knowledge / skill and requires guidance but not constant supervision;
    • Able to plan the work unit budget and manage income and expenditure, through responsible implementation of policies, practices and decisions, in order to achieve unit objectives effectively and efficiently;
    • Develop a cost budget for the medium / large operation or a cost and revenue budget for a smaller operation: integrates various cost budgets into a larger functional budget;
    • Validate against previous budgets and future strategies for presentation to a BU EXCO;
• You have skilled operational and risk management skills:
  • Clear knowledge and application of institutional administrative activities;
    • Apply risk knowledge and skills within the parameters of prescribed regulatory and best practice framework for good corporate governance;
    • Understand the concept of risk management in relation to the running of the institution, as well as the analysis of a potential insured;
    • Understand institutional structures and activities and develops and supports managers to implement risk management;
• You have sound financial acumen:
  • Apply concepts of knowledge / skill and require guidance but not constant supervision;
    • Awareness of costing, budgeting and finance concepts and the understanding and application of related processes and procedures with relation to a functional role within the organisation;
    • Possess sufficient expertise to establish and manage expenditure monitoring systems for own area of the business;
    • Understand risk management, audit methodologies;
    • Understand cost drivers within own area and is able to take actions to control resources;
    • Understand basic management accounting reports and the process by which financial resources are identified, obtained, allocated;
• You have accurate financial accounting skills:
  • Apply concepts of knowledge / skill and requires guidance but not constant supervision;
    • Knowledge of financial accounting principles, classifying, measuring and recording transactions;
    • Display a working knowledge of the total accounting cycle, processes and reporting and accounting standards;
    • Record, classify and summarise transactions according to accounting standards and the organisation’s chart of accounts;
    • Reconcile financial data between or among financial reports such as general ledger, subsidiary ledgers, customers” or subsidiaries” records, suppliers” or contractors” statements;
    • Demonstrate knowledge of financial accounting, financial management and auditing principles and treasury regulations / guidelines;
    • Prepare reports (consolidation, ad hoc, monthly), including all supporting schedules;
    • Analyse and reconcile information and data, resolves accounting issues and issue reports;
• You have confident conflict resolution skills:
  • Clear knowledge and application of institutional administrative support activities;
    • Extent to which one can avert, manage and resolve conflicts of varying magnitudes among individuals and groups;
    • Encourage calm dialogue among others when faced with differing point of views;
    • Consider concerns, issue and objections of others;
    • Remain calm when faced with an escalating conflict;
    • Listen to differing points of view and promotes mutual understanding;
    • Take a lead role in motivating work group members to resolve existing conflict, work to resolve personal issues and / or conflict effectively with or without interference from others;
    • Identify shared areas of interest among involved parties, while maintaining objectivity in situations that involve personal conflict of interest;
• You have risk awareness skills:
  • Apply concepts of knowledge / skill and requires guidance but not constant supervision;
    • Awareness of risk implications in area of work;
    • Apply risk mitigation procedures and processes;
    • Identify potential risks and make recommendations on how to mitigate the risks identified;
    • Possess a working understanding of these risks;
• You have superior financial management skills:o Apply concepts of knowledge / skill without requiring supervision. Able to provide technical guidance when required;
  • • Compile and manage budgets, control cash flow, institute ERM and administers tender procurement processes;
    • Take ownership of key planning, budgeting and forecasting processes;
    • Manage financial planning, forecasting and reporting processes;
    • Prepare budgets that are aligned to the strategic objectives of the organisation or department;
    • Address complex budgeting and financial management issues;
    • Formulate long-term financial plans and resource allocations;
    • Develop and implement systems, procedures and processes;
    • Advise on policies and procedures regarding asset control;
    • Allocate resources according to internal and external objectives or broader organisational objectives;
    • Develop expenditure key performance indicators;
    • Succeed in achieving maximum results with limited resources;
    • Analyse projections in reports.

CORE QUALIFICATIONS AND EXPERIENCE:

• You are a CA(SA);CIMA
• You have a minimum of 5 years current, relevant experience in FS and ideally asset management. You will show case all your skills – and enjoy a successful fast paced dynamic working environment. Rewards on performance are significant and visibility in the organisation is high in this role!