JOB DESCRIPTION. Corporate Finance, IT, Risk and Compliance and Procurement

Transcription

1 JOB DESCRIPTION SECTION A: JOB TITLE AND INFORMATION SECTION POST IDENTIFICATION Job Title Department Section Reporting to* Subordinates* Job Grade Required minimum qualifications Required minimum experience Desired additional skills/ competencies *Please attach organogram Group Chief Financial Officer Corporate Finance, IT, Risk and Compliance and Procurement Finance Chief Executive Officer Group Finance Manager, Group Investment and Treasurer, Group Accountant, Project Investment Risk Manager, IT Manager, Risk & Compliance Manager, Procurement Manager Qualified CA augmented by a post-graduate qualification in business/management 10 years relevant experience of which 5 to 8 years in a senior managerial role in a large/complex organisation Demonstrated organisational leadership at strategic and operational levels and navigation in a complex organisation Ability to articulate the big picture, combined with a selfdirected commitment to advance and achieve agreed outcomes Strategic thinker with strong negotiation skills Critical skills: analytical ability, creativity, teamwork, communication, influencing and leadership APPROVAL OF JOB DESCRIPTION CERTIFIED CORRECT We the undersigned confirm that we have consulted on the content contained in the job description and hereby confirm that we consider that the information contained is a correct reflection of the context of the post and its content. AGREED BY SIGNATURE DATE Incumbent Line Manager 1

2 JOB PURPOSE, DUTIES AND RESPONSIBILITIES OF THE POST MAIN PURPOSE Lead and manage the Corporate Finance, IT, Risk and Compliance and Procurement departments to ensure the provision of efficient and effective services to the Group of Companies in accordance with legislative and statutory requirements. To participate as a member of the executive management team and fulfill the necessary requirements thereof. DUTIES OF THE POST KEY PERFORMANCE NO. AREAS (What) 1 Group Finance INPUT (Methods Used) (How) Approve and monitor/oversee strategic business plans for Group Finance, to ensure that business planning of the Group is aligned Oversee the development and implementation of strategic and operational Financial policies in the Group according to legislation and any other rules and regulations Review, develop and monitor Group Finance best practice Plan and forecast on short, medium and long term Group needs Monitor that financial policies and decisions of the Group are implemented in a most functional and effective way Give support to the Board in providing strategic Group financial advice to ensure best practice compliance and commercial sustainability Investigate and comment on reports submitted to the Board, which have Group financial implications Advice and direct the Group investment and funding strategies Recommend and advice on complex group mergers and acquisitions Report on Group of Companies financial performance to relevant stakeholders (DOE, Treasury, etc.) Output (Expected Results) (Why) Critical performance indicators identified and specific measures established to enable and guide the Group to plan, manage and/or prioritise strategic outcomes accordingly for Group commercial sustainability 2

3 2. Strategic Planning Evaluate and comment on the applicability of specific operational key performance indicators and measures against outcomes detailed in the s strategic plans Approve and monitor/oversee strategic business plans for the Corporate Finance, IT, Risk and Compliance, Procurement and Facilities Departments to ensure that business planning of the departments is aligned to Group of Companies strategic objectives and business priorities Oversee the development and implementation of strategic and operational policies in the departments according to legislation and any other rules and regulations Review, develop and monitor best practice Corporate Finance, IT, Risk and Compliance, Procurement and Facilities policies and procedures Plan and forecast on short, medium and long term organisational and personnel needs which includes compiling and developing Standard Operating Procedure (SOP s) activities Monitor that policies and decisions of the departments are implemented in a most functional and effective way Give support to the Chief Executive Officer in providing strategic Corporate Finance, IT, Risk and Compliance and Procurement advice to the Board and other Departments and Subsidiaries to ensure best practice compliance Investigate and comment on reports submitted to the Board, which have a Corporate Finance, IT, Risk and Compliance and Procurement implication Critical performance indicators identified and specific measures established to enable and guide to plan, manage and/or prioritise strategic operational outcomes accordingly Aligned Corporate Finance, IT, Risk and Compliance and Procurement priorities within the Group of Companies 3

4 3. Direct the activities of the Corporate Finance, IT, Risk and Compliance and Procurement Departments 4. Departmental Financial Lead, manage and set the necessary policies, rules and regulations in place to ensure proper and effective services in the following departments: o Corporate Finance o IT o Risk and Compliance o Procurement Institute relevant reporting avenues and compliance Stay abreast and interprets relevant legislation, implement and communicate relevant changes timeously Provide guidance and monitor adherence to all applicable legislation, rules and policies Continuously investigate and recommend the best solutions Obtain and negotiate funding from investors for Energy Projects Prepare, manage and monitor the capital and operational budget of the Corporate Finance, IT, Risk and Compliance and Procurement departments, to ensure effective and efficient functioning and cost control Analyse trends, operating requirements and prepare capital and operating plans/estimates to determine funding for the financial year Evaluate the department s performance against the approved budget and addressing deviations/variances Monitor, recommend and implement corrective measures to rectify deviations/acts contrary to budgetary provisions, financial regulations, audit requirements and departmental procedures Authorise payment requests, requisitions, etc. regarding expenditure as delegated Prepare reports to the Board detailing the status of expenditure and availability of funds for current and short term interventions Prepare motivational reports for submission to the Board for approval when required Key responsibilities identified, objectives aligned and appropriate procedures developed and implemented on approval to guide and direct compliance with current operational needs, standards and legislation Integrated Corporate Finance, IT, Risk and Compliance and Procurement governance framework developed, implemented and institutionalised Financially sustainable group Financially viable projects Capital/funding attracted Budget formulated, monitored and constraints adhered to 4

5 5. Stakeholder Represent Corporate Finance, IT, Risk and Compliance and Procurement in all relevant forums and meetings to ensure good flow of information Liaise with internal and external auditors ensuring that all matters raised by these auditors in queries, management letters and audit reports are addressed Communicate with key clients and other stakeholders on their needs and resolve and respond to their queries Interact with State Departments and other bodies where required Interact with any software or other service providers to ensure SLAs have been met and contracts managed appropriately 6. People Identify designated staff responsibilities, authority and personal performance measurement criteria Implement staff development and training to achieve overall objectives Determine human resource requirements taking into consideration operational needs, skills scarcity and retention capability Participate in the recruitment and selection of individuals according to job requirements, EE targets and guidelines Evaluate individual and team performance, and address deviations from agreed performance indicators Address workplace conflict through the initiation and coordination of consultative processes and implementation of appropriate disciplinary procedures Approve acting appointments within department, overtime and leave as per delegated authority Served as a trusted advisor and business partner Corporate Finance, IT, Risk and Compliance and Procurement functions represented Key clients and other stakeholders taken care of Staff utilised according to the Human Resources objectives, policies and procedures The list of tasks/duties and responsibilities contained in this document is not necessarily exhaustive, and the employer is entitled to instruct the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, or in accordance with operational requirements. 5