Financial Manager

We provide meaningful careers that connect people with purpose.

We are united by a common purpose of providing the best and safest care; and by our shared values of Care, Truth, Participation, Compassion and Dignity.

Netcare invites you to be part of our journey.

KEY WORK OUTPUT AND ACCOUNTABILITIES

• Provide a commercial support function to the business.
• Prepare the Hospital financial and management statements according to group guidance on International Financial Reporting Standards by consistently applying Netcare's accounting, supported by reasonable estimates.
• Produce accurate and timeous financial and management analysis and reporting.
• Analyse and report on balance sheet reconciliations, cost and benchmarking implications and results.
• Prepare management accounts, budgets and forecasts.
• Analyse and report on budget variances.
• Assist with operational actions to ensure successful implementation of SAP and other group IT systems and processes and assume accountability for the full IT-Technical Support Services to the business.
• Evaluate operational and financial reports to improve accuracy and relevancy.
• Evaluate financial processes and implement corrective action to ensure alignment and standardisation within the division.
• Facilitate implementation and act as change agent for the implementation of business process improvement projects for optimisation and automation.
• Process and/or review general ledgers.
• Review balance sheet reconciliations.
• Ensure Statutory and Taxation compliance.
• Engage with the business and audit to evaluate all anomalies, assisting the division to implement corrective action.
• Ensure that the banking and procurement systems maintain a high level of integrity and information.
• Ensure the maintenance of CAPEX and fixed asset registers.
• Drives strategic projects on an ad hoc basis.

DISRUPTIVE INNOVATION

• Drive the achievement of transformation goals as set out by the Transformation Committee.

TRANSFORMATION OF OUR SOCIETY

• Drive the achievement of transformation goals as set out by the Transformation Committee.

Professional development

• Maintain updated knowledge of relevant legislation, amendments and related information pertaining to the financial field.
• Responsible for self-development and continual upgrading of job-related knowledge and skills.
• Assume responsibility for own personal and professional development.
• Keep up to date with Netcare's evolving policies and procedures.

People Management

• Overall management of the Finance department team and performance thereof.
• Implement strategic plans, objectives and budgets through effective recruiting, training, motivation & evaluation of staff.
• Develop talented leaders and high performers.
• Manage and assess staff performance.
• Assign decision making authority and task responsibility appropriately in order to maximize organization and employee effectiveness.
• Facilitate effective change & conflict management.

Build and Maintain Stakeholder Relationships

• Liaise with a complex network of internal stakeholders to ensure strategic business growth and sustainability.
• Develop, maintain and encourage open communication channels between relevant stakeholders.
• Operate as a strategic partner to the business core functions through the identification of trends, risks and opportunities for efficiencies.
• Build and maintain effective relationships with both internal and external customers.
• Provide support to the Financial Director, support services and other managers during supplier negotiations, specifically to financial analysis.

SKILLS PROFILE

EDUCATION

• Essential
• A relevant 3 year B Com degree or Advanced diploma qualification, with Financial Accounting 3, at NQF level 7.
• Preferred
• A CA qualification or related NQF level 8 qualification.

WORK EXPERIENCE

• A minimum of 3 -5 years' financial management experience.
• Previous experience in development of daily financial progress reports.
• Previous experience in drafting financial statements.
• Previous experience in dealing with VAT and income tax matters.
• Excellent communication skills (written and verbal).

KNOWLEDGE

• Knowledge of SAP.
• Advanced knowledge of Microsoft Excel.
• Knowledge of financial planning at all levels.
• Knowledge of performance measurement and analysis.