Job Details
National Empowerment Fund (NEF)
Position Discovery
Finance Manager
Position Details
Finance Manager
Listing reference: nef_000194
Listing status: Online
Apply by: 7 October 2026
Position summary
Industry: Financial Services
Job category: Financial Management
Location: Sandton
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
To oversee and be responsible for all aspects of financial management, ensuring compliance with internal policies and procedures as well as manage the day-to-day work of the finance department.
Job description
Financial management:
• Monitor the day-to-day financial operations within the NEF, such as payroll, invoicing, and other transactions
• Oversee financial department staff
• Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
• Track the company's financial status and performance to identify areas for potential improvement
• Provide insightful information and expectations to managers as input in decision making
• Manage the preparation of the NEF’s budget
• Establish and maintain financial policies and procedures for the company
• Conduct reviews and evaluations for cost-reduction opportunities.
• Liaise with various other departments, discussing company plans and agreeing on future paths to be taken.
• Improvement of the overall control environment of the finance function
• Effective budgeting for the organisation to ultimately inform the MTEF and ENE processes
• General ledger review and ensure that all recons are completed and signed before management accounts finalization
• Timely and accurate creditor payments
• Keep up to date with IFRS, GRAP and relevant legislation, regulations and instructions to inform policies and procedures within the department
• Effective annual planning and coordination of year-end audit
• Timeous completion of year-end audit within approved timelines and within approved budget
• Secure an unmodified audit report with minimal significant Report to Management findings Statutory/ regulatory management:
• Submission of monthly and quarterly financial reports.
• Ensure compliance with all statutory requirements relating to financial control, financial management and accounting
• Ensure appropriate external audit arrangements are in place and manage the audit process
• Assist in a successful conclusion of an annual audit with an unqualified opinion.
• Compile the respective sections of the NEF’s integrated annual report and ensure submission thereof on time with a satisfactory quality and accuracy
• Understand and adhere to financial regulations and legislation. Internal processes and general management:
• Finance policies and procedures to be up to date and approved
• Compliance with NEF policies and procedures
• Timeous resolution of audit findings by agreed implementation dates
• Operate within departmental cost budgets Reporting:
• Review financial data and prepare monthly and annual reports
• Ensure Monthly Management Accounts to be finalised on time and provides useful strategic information to users
• Ensure that Compliance to PFMA, National Treasury (NT) Regulations and the dtic reporting requirements is adhered to
• Ad hoc reporting to the dtic and the NT
• Ensure timely and accurate preparation of compliant AFS and NT packs Portfolio Management:
• Ensure timely and accurate investment disbursements
• Ensure timely and accurate collections and debit orders
• Ensure timely and accurate impairments and write-offs
• Manage portfolio analysis that provides strategic input to the business Cash Management:
• Ensure that there is a weekly and monthly review of bank recons as per the Finance Standard Operating Standards
• Cash management to maximize returns
• Maintain banking relationships Risk Management:
• Seek and implement methods for minimising financial risk to the company
• Stay up to date with technological advances and accounting software to be used for financial purposes Committees:
• Actively participate in internal committees in order to provide strategic finance input People Management:
• Develop work plans and allocation of work, ensure outputs from team are of an acceptable standard
• Manage staff performance continuously to ensure maximum productivity, projects delivery and high staff morale.
• Provide Mentorship/Training and manage development
Minimum requirements
Experience / Skills Required
• Minimum 8 years in progressively responsible financial management roles that includes the following: ✓ Staff management ✓ Preparation of monthly reporting to management ✓ Preparation of annual financial statements ✓ Managing both internal and external audit ✓ Thorough understanding of GRAP and IFRS ✓ Understanding of PFMA and NT regulations ✓ Computer literacy – Excel proficiency, knowledge of accounting systems / programmes
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Experience in the preparation and finalisation of accounts in accordance with current statutory regulations
• Experience in budget preparation and reporting
• Highly numerate and able to analyse statistical information and interpret financial data to produce reports which can be understood by non-financial colleagues
• IFRS 9 practical experience. Qualification Requirements Essential:
• B Com Degree in Finance, Accounting
• Honours Degree Preferred:
• CA(SA) Personal Attributes/Behaviours/Attitudes
• Attention to detail
• Deadline driven
• Excellent planning and organisational skills
• Analytical skills
• Strong interpersonal skills
• Ability to work under pressure
• Flexibility – ability to handle erratic working hours
• Ability to interact at all levels Leading/ Managing Competencies
• Monitoring and Measuring
• Strategic Leadership
• Vision Creation & Motivation Functional Competencies
• Anticipating and Managing Change
• Business insight and Risk Awareness
• Commercial and Financial Acumen
• Organisational Awareness
• Process & Tech Competence
Source: nef
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