Employment type: Permanent, Part-time (20 - 25 hours per week)
Location: Cape Town, In-person with flexibility
Commencement Date: between 13 January 2025

This is a senior role and it requires a high level of skill and knowledge in the non-profit finance sector, a high level of independence and the ability to proactively adapt internal systems.

The Finance Manager will report to the Chief Executive Officer (CEO), and will be responsible for Mikhulu Trust’s overall finances, including creating / maintaining sound financial management processes, managing the overall finances and funder reporting, maintaining good governance with external regulatory bodies, and all other finance-related activities.

Salary:

• Market related salary
• Benefits: Medical-aid allowance, phone allowance, professional development and support, generous leave entitlement

Role Overview

• Ensure sound financial management and reporting
• Oversee the creation and management of the organisational budget
• Ensure compliance with financial regulations and standards
• Ensure good governance and oversee audits
• Prepare and manage all donor budgets and reporting
• Support team on administrative and programmatic finance-related matters
• Strategic support to the CEO 

Outcomes

• Develop strategic plans for the organisation’s finances
  • Support the CEO in developing long-, medium- and short-term plans to improve the organisation’s financial management
  • Improve the capacity of the organisation to take on larger, more varied and more complex income streams
  • Collaborate with other team members to ensure financial strategies align with organisational operations 

• Ensure effective financial management and reporting
  • Ensure execution of the financial management policy
  • Adopt and maintain good governance practices in financial management
  • Drive adoption of effective financial systems and processes
  • Maintain monthly book-keeping and manage financial records and documents effectively
  • Create accurate financial reports that support decision-making throughout the organization
  • Monitor and report on financial performance, identifying areas for improvement

• Manage organisation’s financial resources
  • Lead the development and monitoring of the annual organisational budget (planning, forecasting, disaggregating, variances and shortfalls), in consultation with the CEO
  • Oversee cash flow analysis and planning
  • Oversee effective procurement of goods and services
  • Manage customer invoices
  • Ensure payments are made timeously
  • Manage investment activities and ensure that the organisation’s financial strategies support its long-term goals.

• Manage payroll and employee benefits
  • Keep updated with legislation around payroll, as updated by SARS
  • Create and administer monthly payroll
  • Manage staff leave calculation
  • Manage other staff financial benefits

• Develop donor budgets and reporting
  • Prepare project budgets for funding applications according to donor templates
  • Align donor project budget templates to organisational budget
  • Accurately track donor spend
  • Prepare all donor financial reports 

• Governance and compliance
  • Effectively manage annual external audit
  • Prepare and submit monthly, semi-annual and annual tax returns
  • Manage VAT
  • Manage UIF and Workman’s Compensation
  • Prepare annual and ad hoc submissions to the CIPC
  • Maintain Section 18A tax certificate register and compliance
  • The Finance Manager will be appointed as the Deputy Information Officer

• General
  • Offer training and support to team on Financial Management policy and best practice
  • Ensure staff adherence to financial policies and processes
  • Manage/oversee any other organisational aspects that relate to/are impacted by finance or governance, such as asset registers, ad hoc donations to the organisation, and anything else that might be related.

Qualifications / Skills

• Revelant Bachelors Degree and / or at least 5 years’ experience in non-profit financial management
• Familiar with Sage Accounting and SimplePay Payroll system

Characteristics / Traits

• Be highly organised and process oriented
• Be able to think and work independently
• Be detailed oriented with big-picture vision
• Be ethical and trustworthy
• Be a strong communicator and collaborator