Job Description

Business unit, Department, Reporting
Business Unit Finance
Job grade S6
Core Description
To coordinate the budgeting process, prepare and monitor the actual vs. budget. Co-ordinate and consolidate information for all statutory reporting. Provide input into the analysis of financial information to allow the business unit to make well-informed decisions to ensure financial sustainability.
Key Deliverables / Primary Functions

• Provide input in developing the annual budget plan for the business in consultation with key business unit stakeholders and line management, in accordance with BCX guidelines
• Oversee and coordinate the circulation of budget guidelines and templates
• Oversee and consolidate budget submissions received and address queries raised by line management
• Coordinate and consolidate inputs for the preparation of the business unit budget
• Analyse potential over or under spending variances and submit report to supervisor for further action to be taken.
• Review the quality and accuracy of monthly variance report submissions received, prepare reallocation journals for posting to the GL
• Support accounts payable and receivable on management of payment and receipts for effective and efficient working capital management
• Support and ensure the management of fixed assets within business units
• Support business in the management of inventory and proper accounting of inventory to optimal working capital management
• Prepare and analyse financial information and financial statistics for monthly and quarterly financial reporting
• Facilitate and check the preparation and distribution of valid, accurate and complete reports on project spending.
• Compile and submit monthly bank reconciliations and progress reports for project administra

Core Functional Skills & Capabilities
Finance and Budget Management
Financial Governance
Financial and Accounting Standards and Principles
Reporting
Core Behavioural Competencies
Job Match
Analysing
Deciding & Initiating Action
Delivering Results & Meeting customer expectations
Entrepreneurial & Commercial thinking
Presenting and Communicating information
Minimum Qualifications
NQF 6: 3 year Degree/ Diploma/ National Diploma in Finance
OR NQF 4: Grade 12
Additional Education -Preferred /Advantage
Experience
3 Years' experience in finance, experience and relevant exposure to the financial sector and the full accounting function.
If Grade 12 minimum, then 5 years' experience in billing, Database Management and Reporting
Certifications
None
Professional Memberships in Relevant Industry
Level of Engagement & Span of Control
Special Requirements / Employment Condition
Workplace / Physical Requirements
Hybrid Remote Worker
Non-Billable
BCX is an equal opportunity employer and appointments will be made in line with our employment equity plan and talent requirements. We seek to promote the employment and advancement of designated groups, inclusive of people with disabilities, while building an inclusive workforce that embraces diversity.

Skills Required