South African Tourism – General Manager: Financial Management


GENERAL MANAGER – FINANCIAL MANAGEMENT
Fixed Term Contract: 12 – 24 months

An exciting opportunity exists at our Head Office in Sandton, to join our Finance business
unit as GM: Financial Management reporting to the Chief Financial Officer. We invite
applications from individuals who possess the required skills and experience.

Purpose of the Role

To work closely with the Chief Financial Officer (including internal and external
stakeholders) on all operational and strategic aspects of the business, providing strategic
business support in addition to managing the finance function and implementing systems
and controls around financial reporting, risk management and operational performance.

Key Performance Areas:
Strategic Financial Planning, Execution and Reporting
 Strategic management of the finance department in order to ensure financial
accountability;
 Work closely with the Chief Financial Officer (CFO) on all operational and strategic
aspects of the business, providing strategic business support in addition to managing
the finance function and implementing systems and controls around financial reporting,
risk management and operational performance;
 Responsible for planning and directing financial accounting budgeting, auditing,
reporting, tax and other fiscal operations and functions across the organisation;
 Directing staff activities in maintaining, analysing and reporting financial accounting
data, developing appropriate accounting systems, establishing necessary financial
controls, approving various expenditures and obligations, planning and coordinating
internal and external audits, and ensuring all activities conform to statutory legislation
(incl. IFRS, GRAP, PFMA, Treasury regulations, Tax Regulations and other applicable
legislation on a country by country basis) and company policies and procedures;
 Control and responsibility for executing all financial aspects of the Group’s strategy
under the direction of the Chief Financial Officer.

Financial Policies and Procedures Management
 Monitor adherence to frameworks, business processes, policies, procedures and systems
that manage business operations in SA Tourism;
 Draft financial policies and procedures affecting the unit and make recommendations
to the Chief Financial Officer for improvements;
 Enforce legislative compliance from a unit perspective and adherence to internal
controls;
 Ensure that contemporary budgetary, business and financial practices are followed;
 Facilitate compliance with the Public Finance Management Act (PFMA);
 Understand the implication of changes in statutory financial requirements to the
company’s business. Communicate this to the CFO and executive committee, and
implement the necessary company policies to comply with change;
 Support the external and internal audit function to ensure compliance with accounting
standards, law and internal controls.

Financial Systems Management
 Monitor batches on the financial system to ensure that all batches are approved and
posted on a regular basis;
 Run integrity checks for the financial system to ensure that all batches are approved
and posted; follow up with all users for non-compliance;
 Approving financial system generated monthly reports in preparation for standard
monthly reporting;
 Ensure all journal entries are captured and approved on the financial system.


Financial Risk Management
 Attain clean audit;
 Proactively address adverse audit findings, ensuring no repeats;
 Maintain a financial risk register;
 Mitigate financial and audit risks identified in the risk register;
 Quarterly reporting to the Audit and Risk Committee on risk mitigation and new risks
identified;
 SA Tourism Bank signatory;
 Review and approval of work performed by direct reports;
 Approval of statutory payments (UIF, SDL, PAYE etc.);
 Conduct quality assurance on payroll reconciliations.

Financial Reporting and Budgeting
 Consolidate budgetary inputs from business units and ensure adherence to SA Tourism
guidelines;
 Submit draft budgets to the CFO;
 Make recommendations regarding the budget allocation;
 Make periodic adjustments to budgets where required and obtain SA Tourism Board and
Treasury approval;
 Responsibility for the Financial Business Unit to ensure all financial reporting deadlines
are met.

Participate as an active member of the SA Tourism leadership team (Financial Resource
Management)

 Prepare monthly reports and make presentations as required;
 Actively participate in management meetings, committees and relevant governance
structures.

Qualifications and Experience
 BCom Financial Accounting Honours Degree or equivalent;
 MBA – Masters in Business Administration (advantageous);
 8-10 years in financial accounting or a related field, of which 5 years should be in senior
management position;
 Previous experience in managing a Finance Department essential.

Professional Certification and Membership
 Professional certification as a Chartered Accountant with the South African Institute
of Chartered Accountants (SAICA) or Chartered Institute of Management Accountant
(CIMA).

Knowledge and understanding of:
 Knowledge of relevant legislation and regulatory requirements i.e. PFMA, Treasury
Regulations and Frameworks on performance information and strategic plans as well as
government priorities and imperatives;
 Knowledge of the King Principles.

Skills and Competency Requirements:
 Ability to plan, prioritise and time manage activities;
 Superior verbal and written communication skills. Fluency in English, additional
languages an advantage;
 Computer literacy in all Microsoft applications including Word, Excel, Power Point and
CRM database experience.

Visit us @ www.southafrica.net

Please send your detailed CV to : hr@southafrica.net

Closing date : 15 January 2021

No late applications will be accepted.
Should you not hear from us within two (2) weeks after clos