The ADvTECH Schools Division leads the private sector in the field of education, contributing meaningfully towards the sustainable development of human capacity in South Africa.

Duties Required:

• To manage all financial functions;
• The incumbent will be responsible for overseeing and maintaining the financial wellbeing of the Brand/Brands and Brand profitability
• Managing governance, risk analyses and reports monthly and annual results
•  Prepare forecasts and projections, quarterly and communicate same to MD
• Effects cost savings and participates in strategic financial planning and the achievement of targets and budgets
• Advise and supports Brand MD, School Principals and other Managers in the Brand on financial matters during the budget compilation process, including CAPEX budgeting and planning.
• Ensure relevant information is gathered from Principals and GSS and prepares the Brand financial plan, annually, for approval by the MD
• Compile the annual budget/s for the Brand and update this as required
• Review monthly MANCO report
• Implement an appropriate financial reporting and cash flow management plan to support the achievement of the brand strategy.
• Review GL recons for all accounts within their brand and produce a risk analysis and action report
• Manages BEEE reporting for Brand to AdvTech
• Ensure employment equity targets are achieved
• Monitor and track performance against budget and laisse with Principals in this regard
• Monitor cash flow, weekly and advise Brand MD and Principals accordingly
• Manage variances in actual vs. budget expenditure in all areas of accountability

• Provide strategic financial insight and focus for the Divisional CFO;
• Ensure the development and professional operation of the systems infrastructure
• To be involved in mergers, acquisitions and disposals of companies

• Keep abreast of developments/trends in economy and advises Brand MD accordingly
• Ensure that adequate policies and procedures are in place to mitigate risks, prevent fraud, ensure compliance to legislative, regulatory and good governance requirements and standards
• Oversee the audit process (Internal and external) and provides relevant information and support to auditors as required. Deals with queries as necessary, and escalates matters when required
• Ensure staff roles and responsibilities are clarified and performance objectives set and monitored. Conduct performance reviews in accordance with policy and procedure and take corrective action as required
• Liaise with suppliers and negotiate pricing and terms & conditions of service

Competencies required:

• Leadership;
• Project Management;
• Problem Solving Skills;
• Attention to detail and accuracy;
• Excellent computer skills;
• Ability to work under pressure;
• Enthusiastic, energetic, assertive and flexible;
• Good written and verbal communication skills

Qualifications:

• Minimum requirement is B Com with completed Articles or a CA (SA).

Experience:

• Minimum of 5 – 8 years working experience in a similar-sized organisation.