South Africa

Head: Finance

Company Technology Innovation Agency
Reference # TIA07/12/2020
Published 21/12/2020
Contract Type Permanent
Salary Market Related
Location Pretoria, Gauteng, South Africa
Technology Innovation Agency (TIA) is a talent driven, customer-centric and impact-focused organisation. In our endeavour to support technology innovation with socio-economic outcomes, we seek to infuse the organisation with team players that find resonance as value creators, agile thinkers, progressive attitudes, customer-centricity, dynamic work ethic and an optimistic disposition. We aim to harness these attributes in a manner that culminates into a culture of teamwork, impact and accountability.

An opportunity is available for a suitable candidate to apply to TIA for the position of Head: Finance.

The Agency endeavours to promote the careers of previously disadvantaged persons by applying the principles of the Employment Equity Act, as amended.

The Agency reserves the right not to make an appointment.
Job Functions Finance
Industries Science & Technology

Job Purpose:

To manage the Finance Department according to sound financial systems, practices and processes that are compliant with relevant legislation, meet principles of international best practices that will allow the organisation to achieve its strategic financial objectives. To coordinate and manage the finance department and ensure that the financial affairs of the business are accounted
Strategic Management

•Develop annual Budget aligned with the TIA Annual Performance Plan, in collaboration with all Divisions.

Stakeholder Relations Planning

•Arrange and facilitate events, meetings, workshops and conferences. Provide input, competency and expertise where required;
•Develop and maintain a Stakeholders database for key Stakeholders.
•Conduct an annual Stakeholder Relations Survey and ensure recommendations are discussed with Management and implemented where possible.

Operations Management

•Facilitate the divisional budgeting process, review and allocate according to resources available. Present a consolidated divisional budget to EXCO and prepare annual budget submission to Board
•Prepare and submit annual ENE database in line with TIA’s strategy to Department of Science and Technology (DST) and National Treasury
•Compile and actively manage a risk register for the Business Unit to mitigate potential future risks to the organisation;
•Manage the human resources, processes and systems of the Business Unit to create operational efficiency; and
•Prepare management monthly cash forecasts based on trends analysis in expenditure
•Prepare and submit monthly and quarterly management accounts that highlights actual results compared to budget for divisions
•Prepare Annual Financial statements of TIA and the Group for submission to the external auditors, EXCO and the Board
•Review monthly reconciliation of GL accounts, reconciling sub-ledgers with the GL as well as to review the fixed asset accounts
•Obtain, analyse and account for financial results for group companies
•Compile and submit National Treasury templates for AFS and Quarterly reporting. Submitting these on time.

Governance and Compliance

•Ensure compliance with Legislation, e.g. PFMA and National Treasury Guidelines;
•Ensure compliance to all relevant Policies and Frameworks; and
•Ensure Compliance with TIA Standard Operating Procedures

People Management

•Prepare performance contracts for direct reports twice a year.
•Conduct performance reviews for direct reports twice a year.
•Prepare and sign-off Personal Development Plans for direct reports.
•Ensure key roles are staffed with appropriately experienced employees.
•Coach and mentor people to achieve higher performance.
•Ensure general discipline and compliance in the areas of responsibility and ensure corrective action is taken on all misconduct incidents.
•Ensure adherence to all HR policies, procedures and requirements to ensure sound people practices.
•Monitor staff morale and address any issues of concern.
•Inspire and motivate staff.
•A Chartered Accountant with 8 to 10 years broad-based financial management and auditing experience (post articles).
•5 to 8 years’ experience in group accounting (Consolidations and equity accounting of Subsidiaries and Associates).
•5-8 years’ experience in impairments and valuation of investments.
•5 years’ experience in a senior management capacity.
•5 years’ experience in the management of the external audit process.
•5-8 years’ experience in the application of the Public Finance Management Act
•Knowledge of Technology development trends in relevant industries
•Knowledge of Investment trends for technology development
•Knowledge of Financial and non-financial support trends for technology development

Technical Skills / Competencies:
•Report writing skills
•Analytical skills
•Financial Management Skills
•Presentation Skills
•Advanced Computer Skills
Job Closing Date 14/01/2021
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Last Updated: 30-7-2020 []
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