Financial Management
Manage organisation’s short and long-term financial needs. This involves reviewing an organisation’s financial risk position and refining the finance and financial risk philosophy of the organisation
Type
Functional
Competency Area
General Management
Levels
Maintain the day to day financial operations
Maintain the organisation’s financial management processes and systems
Implement the financial risk measures of the organisation
Adhere to finance- related procedures
Facilitate the management of financial performance and risk management
Develop short-term financial needs and financial priorities based on organisation’s financial performance and needs
Analyse short and long term financial implications of the organisation
Facilitate the organisation’s financial management processes and systems in compliance with corporate requirements, local statutory requirements and industry statutory requirements
Facilitate financial strategies to improve organisational financial performance
Develop the financial risk measures of the organisation in line with organisation’s short and long-term financial priorities
Develop organisational budget and finances for approval
Lead organisation’s short and long-term financial and risk management
Formulate short and long-term financial needs and financial priorities based on organisation’s financial performance and needs
Drive the organisation’s financial management processes and systems in compliance with corporate requirements, local statutory requirements and industry statutory requirements
Drive financial strategies to improve organisational financial performance and ensure alignment with the larger organisation strategy
Formulate finance and financial risk philosophy for the organisation
Devise the risk appetite of the organisation in line with organisation’s short and long-term financial priorities
Provide direction and approval of organisational budget and finances