Job Description

Job Advert Summary

The Director: Finance shall be required to - lead a team of finance professionals and oversee the planning, implementation and running of all the finance activities of the HSRC, including business planning, budgeting, forecasting, projects office, financial management, assets management and reporting.

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Minimum Requirements

At least a 4 - year degree in Financial Management and / or Business Administration, financial accounting or related field, NQF level 8. 5-10 years' experience at middle management or equivalent level in financial management, reporting and accounting. Extensive knowledge of the PFMA and National Treasury Regulations. Advanced knowledge of accounting standards and principles (GRAP) Demonstrated ability to manage staff, present financial reports, and manage audit processes. Extensive background reviewing Annual Financial Statements and organisational budget management. In-depth knowledge of Excell, and other MS Office suite packages as well as accounting packages, e.g. Accpac, etc.

Duties and Responsibilities

Key duties include working together with the CFO to assist in the development, implementing and the execution of the HSRC's financial strategy, managing budgets and forecasting, including the overseeing of the total financial reporting, financial risk management, and ensuring tax and regulatory compliance as well as building investor relationships. As a Director: Finance, the role also entails leading the finance team, providing strategic insights to guide business decisions and drive financial sustainability.Financial and managerial reporting, forecasting, and budgeting. Manage the overall financial management and accounting functions of the HSRC including entails debtor's management, creditors management, cash management, assets management, projects office and compliance with relevant legislation, accounting principles and HSRC policies. Preparation of / and oversight of all financial reports. Provide guidelines for financial planning for all units as per annual performance and strategic plans Initiate, design and co-ordinate the annual budgeting process Responsible for the review of Annual Financial Statements for presentation and submission to External Auditors and National Treasury. Managing of the external audit completed by Auditor General, as well as other audits conducted during the year. Ensuring that budget projections, expenses and revenue forecasts are updated Liaise as the financial contact between the research units and funders. Manage and develop staff * Undertake any other appropriate assignments that are allocated by the CFO or CEO.