Regional Director with a functional dotted line reporting to the Financial Director Hospital Division ROLE SUMMARY

Transcription

1 ROLE PROFILE Role title Location Reporting structure Regional Financial Manager Gauteng South West Regional Office Regional Director with a functional dotted line reporting to the Financial Director Hospital Division Closing date 17 May 2017 ROLE SUMMARY The Regional Financial Manager is responsible and accountable for all aspects of financial management and accounting of the Region. This position is a commercially driven role and the incumbent will be required to work closely with the Regional Director and Hospital Financial Managers to drive and deliver on the Region s financial strategy through full financial analysis and execution. The incumbent will also be responsible to ensure that proper systems of internal control and adequate financial procedures and policies are uniformly applied within the Region. Further to this, the incumbent will be responsible for to ensure timely and accurate reporting and will fulfil a financial and operational support function to the Regional Director and promote operational efficiencies and effectiveness across the Region. OPERATIONAL EXCELLENCE Strategic Alignment: KEY WORK OUTPUT AND ACCOUNTABILITIES Provide strategic direction and implement key performance areas for the business unit. Identify areas for change and new business opportunities for the business unit as potential growth areas. Best Practice and Environmental Scanning: Define and establish environmental scanning and knowledge management platforms for the finance function to establish trends and insights. Demonstrate expertise in understanding complex cause and effect drivers, as well as the interdependent dynamics and complexities of macro environmental forces.

2 Influence environmental conditions to expand or contract markets. Monitor emerging organisational and macro environmental initiatives (i.e. the healthcare charter, the enterprise structure, mergers and acquisitions, BEE) to understand and prioritise the implications of changing business and industry requirements on finance policies, initiatives and service level agreements. Actively engage with industry counterparts to share best practice and to source potential opportunities for the Region. Provide subject matter expertise during the development of the Regional strategy by providing an interpretation of global and local market trends with regards to financial management. Financial Acumen: Understand, analyse and influence the financial indicators, including profitability, revenue growth rate, return on investments and cost drivers for the region. Ensure funding to support strategic projects considering the region s major expenditure and make decisions that protect and increase the region s profitability. Improve and maintain the delivery of a cost effective healthcare service aligned to the triple aim strategy for Netcare. Manage all financial planning, systems and controls for the region. Monitor assessments and forecasts of the region s financial performance against budget and operational goals, and implement action plans to ensure financial targets are reached. Manage profitability, revenue growth rate, return on investment, cost and all other financial indicators of the region. Financial Management: Produce accurate and timeous financial and management analysis and reporting. Analyse and report on balance sheet reconciliations, cost and benchmarking implications/ results. Prepare management accounts, budgets and forecasts. Analyse and report on budget variances. Assist with corrective operational actions to ensure successful implementation of systems and processes. Evaluate operational and financial reports to improve accuracy and relevancy. Evaluate financial processes and implement corrective action to ensure alignment and standardisation within the region. Process and/or review general ledgers. Review balance sheet reconciliations. Ensure VAT compliance within the region.

3 Provide financial, legal and statutory expertise in the following areas: 1. Mergers and acquisitions; 2. New business development; 3. Feasibility analysis; 4. Financial modelling; 5. Drafting of proposals; 6. Negotiations; 7. Due diligence; 8. Corporate Governance; 9. Legal regulations; 10. Increasing shareholder value; 11. Annual budgets, monthly, forecasting and reporting at Regional level. Compliance Management: Maintain updated knowledge of relevant legislation, amendments and related information pertaining to the financial field. Lead the update and implementation of financial policies and procedures. Implement and manage internal control systems. Manage control self assessments (including peer reviews). Ensure quarterly sign off of balance sheet reconciliations. Audit Activities: Liaise and attend to auditors (external and internal). Ensure quarterly sign off and clearing of internal audit reports. Ensure follow up and clearing of external audit reports. Commercial Management: Manage all financial terms of agreements in the Region. Conduct analysis and review of joint ventures (radiology, pathology, radiotherapy etc.). Manage utility accounts, cost recoveries, discount arrangements and operating leases. Manage the administration of Foreign accounts. ACCELERATING TRANSFORMATION Drive a commitment to the transformational goals of Netcare by actively monitoring alignment to the goals as set out in Netcare s Employment Equity plan.

4 Participate in the regional Transformation Committee meetings to ensure compliance to all legislative requirements. GROWING WITH PASSIONATE PEOPLE People Management and Development: Provide guidance and feedback to direct reports to assist strengthening their leadership skills and build future talent. Establish, prioritize and coordinate tasks and courses of action for self and others to ensure that work is completed efficiently in a systematized manner. Instil a culture of talent management by identifying and growing people aligned to the strategic pillars of the organisation. Ensure that a viable succession plan is in place that covers all critical financial management positions within the region. Establish an organisational culture which aligns to Netcare s employee value proposition and allows Netcare to attract and retain the very best talent. Create an environment which stimulates the morale and productivity of employees and drives employee engagement. Ensure adherence to ethical standards and encourage a transparent culture in which ethical policies are understood. Identify key areas for knowledge exchange between internal and external stakeholders. Stakeholder Relationship Management Work effectively and co operatively with others to establish and maintain good working relationships that are mutually beneficial. Create and maintain a positive environment where the differences of others are recognized, understood, and valued, so that all can reach their full potential and maximize their contributions. Develop collaborative relationships to help accomplish work goals. SKILLS PROFILE EDUCATION A relevant tertiary qualification, NQF level 7, in Financial Accounting is essential. Post Graduate qualification (NQF 8 / 9) in a related field is preferable.

5 WORK EXPERIENCE Minimum five years experience in a senior financial management position, preferably in a healthcare environment. KNOWLEDGE Excellent understanding of the healthcare environment, including revenue and cost drivers. A detailed understanding of financial and business management principles. Understanding of government and private partnerships is essential. Proficient understanding of legislative and business climate pertaining to healthcare. LEADERSHIP SKILLS Visioning Empowering Energising Designing and aligning Rewarding and feedback Team building Outside orientation Global mindset The ability to provide direction in terms of action towards certain future outcomes. Creating conditions of willingness and participation amongst teams by providing sufficient, encouragement, information, resources and authority to make the necessary decisions to accomplish tasks. Having the capacity to motivate and mobilise, impart strength, vitality and enthusiasm to teams to actualise the organisation s vision of the future. Ensuring the optimal alignment of employee behaviour with the organisation s vision and values. Fostering a performance culture by creating a framework of appropriate incentives and rewards to direct and motivate the achievement of desired performance behaviours and goals. Creating team players and team effectiveness by using appropriate methods and a flexible interpersonal style to instil a cooperative atmosphere conductive to building a cohesive team. Awareness of outside constituencies, emphasizing particularly the need to respond to the requirements of customers, suppliers, partners, shareholders and other interest groups, such as local communities affected by the organisation. Possessing a global frame of reference that enables one to scan the external world environment for different perspectives and to adopt successful practices. The capacity to inculcate a global mentality in others by instilling shared values and cross cultural sensitivity.

6 Tenacity Emotional intelligence Life balance Resilience to stress The capacity and courage to persevere with one s purpose in a persistent and determined manner despite opposition or setbacks, until the desired objective is obtained or it becomes clear that the objective is no longer attainable. Inspiring others, through active example, to have the courage of their convictions. The capacity to foster trust and create an emotionally intelligent workforce whose members know themselves and know how to deal respectfully and understandingly with others. The ability to regulate and manage one s emotions in a healthy and productive manner. Articulating and modelling the importance of the need for life balance for the long term welfare of oneself and one s employees. Appropriately balancing these various pressures to maintain stable performance. VALUES AND BEHAVIOURS Netcare Values The Netcare Way 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. Care The basis of our business. The professional, ethical patient care and services we offer at every level of the organisation. Truth The crucial element in building relationships that work. Open communication with honesty and integrity is essential. Dignity An acknowledgement of the uniqueness of individuals. A commitment to care with the qualities of respect and understanding. Passion The creative, passionate and innovative drive to do things better than before. To develop and implement successful healthcare solutions for all. Participation The willingness and desire to work in productive and creative partnerships with others and the commitment to communicate. 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: I always greet everyone to show my respect. I always wear my name badge to show my identity. I am always well groomed to show my dignity.

7 I always practise proper hand hygiene to show my care. I always seek consent to show my compassion. I always say thank you to show my appreciation. I always embrace diversity to show I am not a racist. NETCARE IS AN EQUAL OPPORTUNITY EMPLOYER APPLICATION PROCESS The Company's approved Employment Equity plan and targets will be considered as part of the recruitment process aligned to the Group s Employment Equity strategy. Netcare actively supports the recruitment of people with disabilities. Interested candidates who meet the above criteria are requested to e mail a detailed CV to Madelein.Louw@netcare.co.za or alternatively fax application details to Fax number : Please note: Please note that reference checks for internal applicants will be conducted with the current and past Netcare direct line managers of the applicant and the relevant Netcare HR Managers. Employees are therefore encouraged to discuss internal job applications with their direct line manager to ensure that the line manager is aware of the application. In the event of a candidate having any disability that may impair the individual s ability to perform the job function, the candidate must kindly inform the employer so that an assessment for reasonable accommodation can be made. By applying for this position and providing us with your CV and other personal information, you are consenting to the information being used for the specific purpose for which it was provided, which is recruitment purposes and possible appointment purposes (should you be successful). Please note that your information will be processed for recruitment purposes only or for such purposes relating to assessing the establishment of an employment relationship with yourself, and this will be done in accordance with the applicable data protection and privacy legislation. We confirm that such information will not be used for any other purpose without obtaining your prior consent. If your application is not successful, we retain your CV and other information provided for a period of 6 months after which it will be destroyed in a secure manner. If you object to your information being used in accordance with the aforementioned clauses, please indicate your objection and we will immediately destroy your personal information in a secure manner.