Hybrid Head of Finance

at Milpark School of Commerce

• Job title: Head of Finance
• Job type: Full Time
• Experience level: Lead
• Salary: Not specified
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, Cape Town, South Africa

About the role

• Head of Finance overseeing financial operations at an educational institution. Responsibilities include financial reporting, process improvement, and collaboration across departments.

Responsibilities

• Oversee the preparation of accurate and timely financial reports, statements, and forecasts.
• Develop and maintain financial reporting frameworks and systems.
• Ensure compliance with relevant accounting standards, regulations, and internal policies.
• Take ownership of the group reporting requirements within a JSE listed environment.
• Take the lead in managing internal and external audit requirements.
• Lead and manage the Accounts Receivable Team.
• Identify areas for improvement in financial processes and systems.
• Streamline and optimise financial workflows to increase efficiency and accuracy.
• Implement best practices and standardised procedures across the finance department.
• Drive process automation initiatives to eliminate manual tasks and enhance productivity.
• Assist with the FP&A function, including budgeting, forecasting, and financial modeling.
• Collaborate with department heads to develop annual budgets and long-term financial plans.
• Monitor and analyse actual financial performance against budgets and forecasts.
• Identify key performance indicators (KPIs) and develop meaningful financial metrics to track business performance.
• Provide insights and recommendations based on financial analysis.
• Foster effective communication and collaboration between the finance department and other functional areas.
• Partner with department heads to understand their financial needs and provide guidance.
• Support cross-functional initiatives and contribute financial expertise to drive successful outcomes.
• Act as a trusted advisor to senior management, providing financial insights and recommendations.
• Ensure compliance with tax regulations. Monitor changes in tax laws and assess their impact on the organisation. Manage tax-related audits and inquiries.

Requirements

• Qualified CA(SA) with 3+ years’ experience in a finance leadership role, preferably within the education or related industry.
• Strong knowledge of International Financial Reporting Standards (IFRS) and the Income Tax Act.
• Extensive experience in financial reporting, budgeting, forecasting, and financial analysis.
• In-depth understanding of tax compliance.
• Demonstrated ability to streamline processes, implement automation solutions, and improve operational efficiency.
• Excellent analytical skills and the ability to translate complex financial data into actionable insights.
• Strong interpersonal and communication skills, with the ability to collaborate effectively across departments and influence stakeholders.
• Exceptional leadership qualities, with the ability to mentor and develop a high-performing finance team.

Benefits

• Preference will be given to applicants from designated groups
• Appointments will be made in line with our Employment Equity Plan