Financial Manager

Job Overview

We provide meaningful careers that connect people with purpose.

We are united by a common purpose of providing the best and safest care; and by our shared values of Care, Truth, Participation, Compassion and Dignity.

Netcare invites you to be part of our journey.

The Financial Manager will be responsible for all the financial and operational support functions of the hospital.

The incumbent will be directly responsible for the leadership of the Finance, Reception and Support Services, whilst managing financial performance of the hospital, as well as the financial risks associated with the business

Key Work Output and Accountabilities

Disruptive Innovation

Financial Management

• Provide a commercial support function to the business.
• Prepare the Hospital financial and management statements according to group guidance on International Financial Reporting Standards by consistently applying Netcare’s accounting, supported by reasonable estimates.
• Produce accurate and timeous financial and management analysis and reporting.
• Analyse and report on balance sheet reconciliations, cost and benchmarking implications and results.
• Prepare management accounts, budgets and forecasts.
• Analyse and report on budget variances.
• Assist with operational actions to ensure successful implementation of SAP and other group IT systems and processes and assume accountability for the full IT -Technical Support Services to the business.
• Evaluate operational and financial reports to improve accuracy and relevancy.
• Evaluate financial processes and implement corrective action to ensure alignment and standardisation within the division.
• Facilitate implementation and act as change agent for the implementation of business process improvement projects for optimisation and automation.
• Process and/or review general ledgers.
• Review balance sheet reconciliations.
• Ensure Statutory and Taxation compliance.
• Engage with the business and audit to evaluate all anomalies, assisting the division to implement corrective action.
• Ensure that the banking and procurement systems maintain a high level of integrity and information.
• Ensure the maintenance of CAPEX and fixed asset registers.
• Drives strategic projects on an ad hoc basis.

Transformation of Our Society

Transformation target achievement

• Drive the achievement of transformation goals as set out by the Transformation Committee.

Professional development

• Maintain updated knowledge of relevant legislation, amendments and related information pertaining to the financial field.
• Responsible for self- development and continual upgrading of job-related knowledge and skills.
• Assume responsibility for own personal and professional development.
• Keep up to date with Netcare’s evolving policies and procedures.

People Management

• Overall management of the Finance department team and performance thereof.
• Implement strategic plans, objectives and budgets through effective recruiting, training, motivation & evaluation of staff.
• Develop talented leaders and high performers.
• Manage and assess staff performance.
• Assign decision making authority and task responsibility appropriately in order to maximize organization and employee effectiveness.
• Facilitate effective change & conflict management.

Build and Maintain Stakeholder Relationships

• Liaise with a complex network of internal stakeholders to ensure strategic business growth and sustainability.
• Develop, maintain and encourage open communication channels between relevant stakeholders.
• Operate as a strategic partner to the business core functions through the identification of trends, risks and opportunities for efficiencies.
• Build and maintain effective relationships with both internal and external customers.
• Provide support to the Financial Director, support services and other managers during supplier negotiations, specifically to financial analysis.

Skills Profile

Education

Essential

• A relevant 3 year B Com degree or Advanced diploma qualification, with Financial Accounting 3, at NQF level 7.

Preferred

• A CA qualification or related NQF level 8 qualification.

Work Experience

Essential

• A minimum of 3 -5 years’ financial management experience.
• Previous experience in development of daily financial progress reports.
• Previous experience in drafting financial statements.
• Previous experience in dealing with VAT and income tax matters.
• Excellent communication skills (written and verbal).

Knowledge

Essential

• Knowledge of SAP.
• Advanced knowledge of Microsoft Excel.
• Knowledge of financial planning at all levels.
• Knowledge of performance measurement and analysis.
• Intermediate to advanced computer knowledge (other programs).

Physical Requirements

• In the event of any physical or psychological limitation that may impair the employee’s ability to perform the required job function, the employee must consult the employer for reasonable accommodation.

Netcare Values and Behaviours

Netcare Values

At Netcare, our core value is care. We care about the dignity of our patients and all members of the Netcare family. We care about the participation of our people and our partners in everything we do. We care about truth in all our actions. We are passionate about quality care and professional excellence.

• At Netcare, our core value is care.
• We care about the dignity of our patients and all members of the Netcare family.
• We care about the participation of our people and our healthcare partners in everything that we do.
• We care about the truth in all our actions.
• We listen with empathy and respond with acts of compassion in all interactions with our patients and their families.

The Netcare Way

Netcare is committed to providing quality care. Our basic service standard holds us accountable for the below seven behaviours which you will be accountable to uphold:

• Respect - I always greet everyone to show my respect.
• Identity - I always wear my name badge to show my identity.
• Dignity - I always treat others with consideration and humility to uphold dignity
• Care - I always act in the best interest of Netcare and others to show I care
• Compassion - I always listen with empathy and respond with kind action to show my compassion
• Appreciation - I always say thank you to show my appreciation.
• Diversity- I always embrace diversity to strengthen inclusivity and belonging.

Join the team committed to providing the best and safest health and care.