1. Healthcare

South African Bureau of Standards
INTERNAL/EXTERNAL ADVERTISEMENT
POSITION:
Chief Financial Officer (CFO)
REPORTS TO:
Chief Executive Officer (CEO)
AREA:
Groenkloof, Pretoria
LEVEL:
P2
EMPLOYMENT
CONTRACT:
5 Year Fixed Term Contract
REFERENCE NR:
8997
PURPOSE
Safeguard the effective financial management of the SABS by providing financial leadership,
directing financial activities and business plan development and controlling accounting practices,
including the timely preparation of financial reports, forecasts and business performance analysis.
KEY ACCOUNTABILITIES
Financial accounting and reporting
•
Develop and maintain timely and accurate financial statements and reports that are
appropriate for the users and in accordance with generally accepted accounting principles
(GAAP)
•
Develop, implement, and ensure compliance with internal financial and accounting policies
and procedures
•
Act as subject matter expert by frequently communicating financial policies, procedures,
standards and guidelines
•
Ensure that all statutory requirements of the organization are met including IFRS, PFMA,
South African Tax Legislation, Companies Act and knowledge of the treasury function
South African Bureau of Standards
•
Prepare all supporting information for the annual audit and liaise with the Board's Audit and
Risk Committee and Finance and Investment Committee and the external auditors as
necessary
•
Document and maintain complete and accurate supporting information for all financial
transactions
•
Develop and maintain financial accounting systems for cash management, accounts
payable, accounts receivable, credit control
•
Oversee the bank reconciliation and investment accounts (treasury function)
•
Review monthly results and implement monthly variance reporting
•
Manage the cash flow and prepare cash flow forecasts in accordance with policy
•
Oversee the bookkeeping function including maintenance of the general ledger, accounts
payable, accounts receivable and payroll
•
Manage the acquisition of capital assets and ensure that assets are properly recorded,
amortized, and disposed of as appropriate
•
Prepare annual charitable return in a timely manner as appropriate
•
Liaise with the Audit and Risk Committee and Finance and Investment Committee as
appropriate
•
Assist the CEO and the Chairman of the Board with financial reporting as required by the
Shareholder
•
•
Ensure accurate analysis of business performance against budgets, financial trends and
forecasts
Oversee Working Capital Requirements and ensure a disaster recovery plan is in place
Develop and implement financial strategies and plans
•
•
•
Develop and implement policies and procedures to ensure that employees and financial
information is secure and stored in compliance with current legislation
Provide recommendations to strategically enhance financial performance and business
opportunities
Direct and oversee all aspects of the Finance, Procurement and Facilities functions.
Payroll preparation and administration
•
Oversee all payroll functions to ensure that employees are paid in a timely and accurate
manner
•
Oversee the processing and submission of statutory and benefits remittances on time
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South African Bureau of Standards
Budget preparation
•
•
Establish guidelines for budget and forecast preparation, and prepare the annual budget in
consultation with the CEO.
Assess the costs/benefits of all prospective contracts and advise the Executive Team on the
relevant financial models to ensure that the Commercial Products and Services are able to
meet budget requirements
Project management accounting
•
Maintain financial records for each project in a manner that facilitates management reports
•
Ensure that accurate and timely financial statements are prepared in accordance with
contract agreements with funders
•
Provide accurate and timely reporting on the financial activity of individual projects
Financial Systems
•
Evaluate the need for new technology to meet the organization's financial data processing,
control, and reporting requirements
•
Advise on appropriate technology that meets the organization's information requirements and
financial resources
Risk management
•
Monitor risk management policies and procedures to ensure that program and organizational
risks are minimized
•
Advise the organization's leadership on appropriate insurance coverage for the organization
and the Board of Directors
•
Maximize income where possible and appropriate
•
Negotiate with Bank for lines of credit or other financial services as required and appropriate
Facilities Management
•
Oversee the administrative function of the organization including property/facility
management, safety of the work environment, and provision of furnishings and equipment
necessary for effective operations
•
Oversee the management of all leases, contracts and other financial commitments
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South African Bureau of Standards
QUALIFICATIONS & EXPERIENCE
•
Chartered Accountant (CA(SA))
•
Minimum ten years of accounting experience of which five must at least be on an
Executive or Senior Management level
•
In-depth knowledge of the Treasury functions, GAAP, Statutory Financial Accounting, PFMA,
Companies Act and South African Tax legislation
•
Computer Literate (Accounting software systems and MS office suite)
•
Skilled in project management, risk analysis, financial modelling and Investment management
PERSONAL ATTRIBUTES
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Behave Ethically: Understand ethical behaviour and business practices and ensure own
behaviour and the behaviour of others is consistent with these standards and aligns with the
values of the organization
•
Build Relationships: Establish and maintain positive working relationships with others both
internally and externally to achieve the goals of the organization
•
Communicate Effectively: Speak, listen and write in a clear, thorough and timely manner using
appropriate and effective communication tools and techniques
•
Focus on Client Needs: Anticipate, understand, and respond to the needs of internal and
external clients to meet or exceed their expectations within the organizational parameters
•
Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve
problem, and make decisions that enhance organizational effectiveness
•
Lead: Positively influence others to achieve results that are in the best interest of the
organization
•
Make Decisions: Assess situations to determine the importance, urgency and risks, and make
clear decisions which are timely and in the best interests of the organization
•
Organize: Set priorities, develop a work schedule, monitor progress towards goals, and track
details, data, information and activities
•
Plan: Determine strategies to move the organization forward, set goals, create and implement
actions plans, and evaluate the process and results
•
Solve Problems: Assess problem situations to identify causes, gather and process relevant
information, generate possible solutions, and make recommendations and/or resolve the
problem
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South African Bureau of Standards
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Managing Performance: Creates a culture of high performance, where coaching and feedback
about performance standards are the norm. Ensure that strategies, systems, and processes
are in place to enable the selection, development, and retention of top talent
•
Deploys effective succession planning strategies, thereby safeguarding business-critical roles
•
Strategic Thinking: Identifies external environment conditions that optimize SABS's potential,
and sets business plans accordingly. Generates alternative plans to achieve objectives when
faced with a changing internal and external environment
APPLICATIONS & ENQUIRIES
Enquiries can be directed to Ms Esther Matlala, Tel: (012) 428-6713; and applications should
be forwarded to [email protected]
Closing Date: 06 February 2015
SABS is an equal opportunity employer. The employment decision shall be informed by the
Employment Equity targets and plan.
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