Our reputable Legal Services client is seeking a Fund Management Executive / CFO to join their Centurion branch.
Purpose of the job:
The Fund Management Executive oversees and heads up the Fund in terms of recording, and statutory reporting and ensures that the finance activities carried out are accurate and timely. This role provides reports to Legislative and Regulatory bodies, Board, Board Committees, Exco, and all other stakeholders as required.
Salary: Up to R2.4m per annum
Benefits: Guaranteed bonus/ 13th cheque/Performance Bonus/Funeral cover/Disability Cover/Personal Accident cover/Free leave days between Christmas and New Year’s/21 days annual leave per annum
Working hours: 8:30 -16:30 Mon-Fri
Hybrid option: Yes
Requirements:
• Post graduate qualification in Finance, Commerce or Accounting Sciences (NQF Level 8).
• Advantageous: Certification as a Chartered Accountant
• Registration with the relevant professional body
• 5 -10 years relevant business experience working in a finance role, post articles
• Management or leadership experience
• Relevant Experience in operational financial management processes, collaborating with external auditors, internal controls, and compliance-related issues
Key Responsibilities:
1. Financial Management
• Participate in the formulation of the Fund Strategy
• Align divisional Strategy to the Fund Strategy
• Allocate transactions appropriately and accurately to the correct business unit.
• Design controls that underpin the production of financial data and ensure these are operating effectively
• Prepare and present budget presentations for various governance structures
• Prepare General Ledger reconciliations timeously and review the reconciliations
• Prepare month-end reports and presentations for Exco submission
• Review the group fee calculation for the budget, submit to CEO for approval and then collate, consolidate, and distribute relevant information to the business unit
• Standardise submissions in line with Group Reporting formats and standards
• Submit and collate the cost centre budget submissions and submit them to CEO for approval
2. Stakeholder Management
• Liaise with the governance structures in terms of financial and compliance matters of the Fund
• Compile and submit fund performance status report to the Legal Practitioners Council
• Liaise with the company fund, pay fees and obtain the certificate for regulation of the Fund fees
• Process the company payment for the company insurance cover
• Draft and review service level agreements for any shared resources
• Provide support on stakeholder projects affecting the Fund
3. People Management
• Support the onboarding and offboarding of team members
• Assist and support the impact of change initiatives
• Coach and train team members to perform optimally in their roles
• Conduct regular meetings and promote open and ongoing communication with the team
• Manage the performance of direct reports and monitor adherence to expected standards
• Offer guidance and support and if required take appropriate disciplinary action
• Participate in the selection and appointment of new team members
• Provide direct reports with opportunities for growth and development through on-the-job training and feedback in line with the department and/or organisational strategy.
• Approve the leave, manage overtime where applicable, and other processes in line with delegations of the authority of direct reports.
4. Budget Management
• Assisting with the preparation and review of the department budget.
• Approve expenditure within the delegation of authority level.
• Monitor exp
Please take note: if you have not been contacted within 14 days, please consider your application unsuccessful.