Senior Manager: Cost Optimisation and TP Management

To provide and interpret financial information to all stakeholders of the business for informed decision making.

To execute on, support and educate line managers in the execution of finance related activities and monitor line adherence to Finance best practice and principles.

• Managing the Finance Environment Execute strategic objectives as articulated by the Chief Operating Officer (COO)/ or CFO for the Business Unit (BU) explaining key focus areas to Executives and line managers.
• Prepare and present monthly financial and variance commentary at Divisional Manco meetings and where required support the Senior Finance Business Partners with presentation to EXCO Meetings.
• Implement and monitor cost control initiatives within the different functional areas within the Business Units to achieve overall Business Unit cost targets.
• Track cost savings benefits for the different centres within the business unit for which the role is responsible as and when required.
• Implement programmes and financial systems and policies as may be directed by the Senior Finance Business Partner for the financial year.
• Compile and present Financials to the relevant business owners monthly including financial actuals against forecasted trends.
• Conduct research and develop financial forecasts and indicators for the business to enable effective financial decision making and early warning systems.
• Participate in business initiatives or Group and Cluster financial initiatives on behalf of the business unit where required and ensure deliverables and frameworks are effectively implemented in own area of responsibility.
• Allocate duties to team members where required to execute and coordinate finance activities required within the business unit to ensure adherence to sound financial management and accounting practices.
• Facilitate yearly financial restatements process to align the financial structure to updated company structure.
• Monitor financial trends and identify gaps; motivate requests and new ways of working to the Senior Business Partner.
• Provide financial advice and guidance to line managers and business owners on new initiatives and current budget management practices.
• Explain targets and take accountability for monitoring and achievement of own and team performance objectives.
• Create and present quarterly and monthly plans to ensure delivery for the year.
• Manage departmental budgets including signing off of invoices and quotes within mandate.
• Conduct basic statistical analysis to track performance variances and determine the root causes of errors.
• Implement productivity improvement measures by coaching line managers.
• Populate balanced scorecards for the specific department monthly.
• Participate in the measurement and reporting of internal and external Service Level Agreements monthly.

• NQF Level 7: Honours/master’s degree BCom Accounts
• Minimum 3 year’s financial management experience
• Newly qualified CA or CIMA qualified preferred