Finance officer At South African Red Cross Society

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TENABLE IN: SARCS HEADQUATERS GAUTENG
REPORTS TO: FINANCE MANAGER

Job Summary

  • The primary responsibility of this role is to efficiently manage the financial management and operations of SARCS to ensure that the Society operates at the highest levels of financial integrity, accountability and transparency
  • The Finance Officer is responsible for ensuring that financial transactions are properly accounted for; i.e. they are receipted, banked, disbursed, prepared, recorded and reported.

It is a clear requirement of this role that the above tasks are conducted in accordance to the rules, regulations and generally accepted accounting practices of SARCS as specified in the Finance Manual and related directives

Main Duties and Responsibilities

  • Accounting and Book-keeping should be result oriented.
  • To receive remittances, prepare cash receipt vouchers and issue corresponding receipts
  • To prepare and make deposits into bank accounts held by SARCS
  • To collect receipts, statements and other documents from Banks at which SARCS has banking relationships
  • To check the accuracy of invoices and payments
  • To ensure the accuracy of remittances to suppliers, service providers, statutory bodies (e.g. income tax, withholding tax) and staff
  • To make payments to suppliers, service providers, statutory bodies and staff
  • To ensure the accuracy of cheques and other payment instruments and that they conform to supporting documentation
  • To prepare cheques to be authorized for payments and present these for approval
  • To ensure that payments together with their supporting documentation are properly compiled and stored systematically
  • To manage the petty cash system and reconcile cash on hand to balances at the end of every month

Financial Management

  • To record all transactions in a timely manner
  • To prepare monthly bank reconciliations for all bank accounts by the deadline set by the Finance Manager
  • To ensure that accounting records and appropriate financial information are accurate and up to date
  • To receive payment requests, process payment vouchers and respond to queries from other departments, branches and external clients
  • To closely monitor receipts and payments into bank accounts and ensure the timely and accurate recording of these transactions
  • To support the Finance Manager in the discharge of his/her duties
  • To contribute to the preparation of departmental reports and to meet specified reporting requirements and timelines
  • To assist during internal and external audits
  • To compile project report, timeously

 Key Competencies

  • Demonstrated proficiency in financial accounting
  • Proven competency in Microsoft Office applications; e.g. Word, Excel, PowerPoint, Outlook and in the use of the Internet
  • Should possess a results-orientated approach to achieving goals and targets as determined by the line manager
  • Ability to track the performance of projects against targets

Qualifications

  • Degree in Finance, Accounting, Commerce, or any other relevant field
  • Recognized professional financial/accountancy qualification
  • 5 years’ experience of financial accounting in a humanitarian organisation, commercial enterprise or auditing firm
  • Familiarity with financial accounting and reporting softwares such as Pastel, Sage
  • Competency in financial control and reporting at all levels
  • Knowledge of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP)
  • Experience of working in the Red Cross/Red Crescent Movement, a NGOs or in the humanitarian environment

Knowledge and Skills

  • Ability to work within a team management structure and be a team player
  • Practical knowledge of computers (Windows, spreadsheets, word processing, e-mail, accounting and financial software such Pastel and Sage)
  • Proven bookkeeping and accounting skills, including payroll, payables and budgeting
  • Confident and persuasive with the ability to communicate with colleagues and external associates at all levels
  • Ability to work under pressure with minimal supervision

All application letters with comprehensive CVs, and at least three (3) traceable references should be emailed to:  [email protected]

Closing date: 15 March 2020

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