Finance and Risk Manager - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng more than 14 days ago 06-04-2020 8:31:58 AM
01-06-2020 8:31:58 AM
Brief Description
The successful applicant will be responsible for optimizing the financial and operational performance of the business through the management, co-ordination and reporting of:
• the financial management, tax, accounting and reporting function of the business
• the overall risk function in the business, enterprise wide risk as well as business operational support activities and risk associated with lending and business support.

Job Requirements
• Financial qualification, preferably CA(SA) or MBA including risk management experience.
• Minimum 10 years’ commercial working experience (DFI preferred)
• Minimum 5 years lending environment working experience
• Previous experience in the financial services space a definite advantage
• Technical knowledge of accounting, tax and financial reporting.
• Ability to interpret business scenarios and identify business challenges.
• Ability to interpret financial statements as well as their relevance to a specific business.

KRA's
FINANCIAL MANAGEMENT
• Oversee the accounting and administration functions (including AP, salaries, office administration and procurement) to ensure accurate recording of transactions, appropriate and timeous reporting and reliable forecasts and budgets.
• Ensure that management understands the financial performance and aligns with actions to improve performance.
• Implement and monitor the business strategy through preparation of, and monitoring against budgets and forecasts.
• Manage cash to optimize investments and cash balances, optimize tax and procurement activities.
• Accurately report to management, the board and committees and other stakeholders, e.g. funding partners, projects and organisation.
• Support internal stakeholders with financial input into proposed deals and monitoring of loans and other support.
• Oversee annual audit processes and other audits and certifications.
• Ensure that the Fund complies with insurance and tax management requirements.
RISK MANAGEMENT
• Manage the organisation’s enterprise risk management function through facilitation, development and maintenance of risk management processes, monitoring tools, management support, and reporting as required.
• Ensure that the risk framework is structured, relevant and up to date and includes input from management, risk logging/ tracking, as well as relevant reporting which is linked to the business strategy.
• Review risk ratings and consolidate ratings into reports for management review, including through the development of appropriate models and tools.
• Develop action plans to mitigate and manage the risk and to factor risk appetite into portfolio management and deal assessment.
• Deal review
• Provide support to the deal making process through consultation, input and review to identify and limit risk associated with direct lending, as well as set and manage risk parameters and frameworks for sector splits.
• Assess risk for each deal by engagement with the deal time and independent research.
• Identify gaps and areas of additional focus to manage the risk in the deal screening and due diligence process and report on the overall deal risk.
• Post Investment and Business Monitoring
• Identify and implement actions to limit risk or bring risk within tolerance with regards to client portfolio risk.
AD HOC
• Provide input to ad hoc business initiatives.
• Review and update the pricing and profitability models to challenge the business to implement efficiencies.
• Initiate and drive activities to improve the business, particularly those linked to risk management and risk reduction, including ongoing research, strategic input, and ongoing development of processes and tools/ models, as well as compliance with policies. 

ADDITIONAL REQUIREMENTS

MANAGEMENT AND STAFF DEVELOPMENT
• Training – ongoing training of staff in financial and risk management
• Supervise accounting staff.
 MEETINGS
• Attendance at credit meetings.
• Attendance at portfolio meetings.
• Attendance at Investment and Finance Oversight Committee meetings.
REPORTING
• Preparation of appropriate ad-hoc reports and/or account reconciliations, as required by line manager for the purposes of EXCO, Board or stakeholders.
 
CORE-COMPETECIES
• Strategic
• Customer First
• Excellent execution
• Collaboration (Relating)
• Innovation (Perspective)
• Leading with Influence