About the position
To provide strategic financial leadership that ensures the organisation’s financial sustainability, strengthens financial governance and ensures effective management of Finance, Supply Chain and ICT teams while enabling the achievement of the company’s strategic objectives.
JOB DESCRIPTION
- Provide support to the DCA, company Board and Audit and Risk Committee through efficient management of Financial, Supply Chain and ICT operations and programmes in line with the company’s mandate.
- Develop the Financial, Supply Chain and ICT strategies and guide the execution philosophy thereof.
- Translate the company vision and strategic objectives into Financial, Supply Chain and ICT Operations imperatives and ensure integration with other departments to support the achievement of the organisation’s strategic priorities.
- Develop and implement an annual Divisional plan that will meet both the short and long-goals and strategy requirements of the Finance Division and organisation.
- Ensure the necessary segregation of duties and maintain effective internal controls.
- Compile the company’s annual budget for approval by Exco and the Board, in line with the PFMA and other appropriate legislation, policies and procedures and submission to the DOT and NT as per the prescribed time frames.
- Monitor and ensure compliance with GAAP (Generally Accepted Accounting Practice), and relevant legislation such as the PFMA (Public Finance Management Act), Companies Act, and Treasury regulations on an ongoing basis.
- Manage expenditure in line with approved budgets, and report variances as required in line with the PFMA and other appropriate legislation, policies, and procedures.
- Submit annual financial statements as approved by EXCO and Board for submission to Auditor General at agreed timeframes as per the PFMA for auditing.
- Ensure efficient debt collection and cashflow forecasting.
- Manage cashflow of the organisation through collecting the following fees and charges: Passenger Safety Charge, User fees and Fuel levies from relevant bodies.
- Manage and ensure the implementation of development interventions for the Finance Divisions operations that are aimed at institutionalising a high-performance culture and establishing a cohesive and positive working environment within company to improve staff morale and increase productivity.
- Oversee the mentoring and coaching of staff on an ongoing basis to ensure an effective and efficient Finance Division.
- Manage and ensure the implementation of governance development interventions aimed at institutionalising a high-performance culture and establishing a cohesive and positive working environment within company to improve staff morale and increase productivity.
- Develop, guide, implement and manage the overall provision of Financial, ICT and Procurement policies and procedures.
- Lead the development, review and implementation of financial policies and frameworks that support the organisation's strategic objectives and governance requirements.
- Ensure policies promote sound financial management, accountability, transparency and effective internal controls.
- Provide strategic guidance on the development and review of policies relating to financial management, budgeting, procurement, revenue, expenditure and risk management.
- Ensure financial policies remain aligned with applicable legislation, regulatory requirements, accounting standards and governance principles.
- Identify and manage all key risks within the finance, supply chain and ICT departments.
- Implement enterprise risk management frameworks.
- Implement and maintain a robust system of internal controls.
- Oversee insurance, compliance, and audit processes.
- Develop an annual Procurement plan and submit to EXCO, Board for approval and submission to NT on due date.
- Ensure an effective procurement and provisioning service to the company through effective supply chain management in accordance with relevant statutory, regulatory policies, procedures and company requirements.
- Develop an ICT and cyber security strategy for approval to EXCO and Board.
- Oversee and manage the provision of an up to-date ICT service to ensure the delivery of an accurate, efficient and timeous information service to all clients (internal and external).
- Align ICT objectives and programmes to the organisation’s objectives and strategies.
- Align ICT risk management with Enterprise Wide Risk Management.
- Drive digital transformation in the organisation (automation, analytics, AI tools).
JOB REQUIREMENTS
Qualifications
- B Com Hons in Accounting/ Financial Management; CA (SA)
Added Advantage
Experience
- 10 Years – Senior Management Experience
- 10 Years – Financial Management
Added Advantage
- 5 Years – Chief Financial Officer
Desired Skills:
- Corporate Governance
- Executive Advisory
- Change Management & Digital Transformation
