Job Description
Overview
Job Title: Regional Head of Finance
Location: Irene, South Africa
International Travel: Up to 30%
Reports to: Managing Executive
Who we are
With over 53 years of insight, PSI reimagines how to bring quality healthcare closer to those who need it most. PSI is a network of locally rooted, globally connected organizations working to achieve consumer-powered healthcare — people-centered health systems that ensure quality, affordable care wherever and whenever it is needed.? Our origins in sexual and reproductive health (SRH) have grown into a broader mission. Today, we work with the public and private sectors as well as local communities, prioritizing people’s voice and choice and developing solutions to meet their essential health needs.
Over the past five decades, we have helped push boundaries, break taboos, set trends, and develop innovative solutions to complex global health challenges. We Seek to Solve
- ACCESS TO HEALTH SERVICES
Half of the world’s population lacks access to essential health services. One hundred million people are pushed into extreme poverty each year due to out-of-pocket spending on health.
- UNIVERSAL HEALTH COVERAGE (UHC)
Global leaders have committed to Universal Health Coverage (UHC) by 2030. Public resources are not enough to meet this ambitious target.
Health system design is challenging. The World Health Organization estimates that 20-40% of current health spending is wasted due to inefficiencies.
- SHORTAGE OF HEALTH WORKERS
The World Health Organization’s estimates a projected shortfall of 18 million health workers by 2030, mostly in low- and lower-middle income countries.?
Responsibilities
Main Purpose
As a Regional Head of Finance, you are expected to define and manage the execution of the Finance and Operations strategies for PSI SBU SA and African Countries in line with global and local requirements, national and industry legislation and regulations and relevant SOPs.
Your Contribution
Financial Management:
- Define, develop and execute the Finance and Operations strategies and execution plan for the relevant financial period in line with global and local requirements, national and industry legislation and regulations and relevant SOPs.
- Ensure business adherence and compliance to global and local corporate governance and operational and technical control requirements through holding of regular review meetings and effecting agreed improvements.
- Ensure that the quarterly and annual business planning process is executed in an effective and timely manner and accurately reflects the commercial requirements.
- Provide independence to ensure the assets are managed appropriately.
- To provide the appropriate oversight and expertise in managing the risks associated.
- Ensure the management of the P&L and other operational costs for Department and for the business overall.
- To provide oversight to our internal and external financial and management reporting.
- Ensure all relevant administration is completed by department to effect finance cost centre activities.
Specific Responsibilities:
Finance
- Lead the company in the financial management and governance of the SA, Kenya, Ethiopia and Nigeria SBU business.
- To establish strong working relationships in which to challenge, influence and shape the strategic and financial direction of the organization.
- Provide leadership of the finance function by establishing the vision and focus for the group.
- Provide development opportunities and direction to coach the team to superior performance.
- Hold regular team meetings to ensure operational and technical control across the organization.
- Accountable for the correct accounting treatment applied in the organization and taking responsibility to ensure that the finance team has continuous professional development and achieves technical excellence.
- Ensure compliance with the Corporate and Divisional finance framework.
- Group Finance meetings and involvement with specific projects.
- To ensure all decisions are taken to optimize value.
- To facilitate the needs of the business within the financial framework.
- To provide oversight to our internal and external financial and management reporting.
- To lead cross business projects in order to improve operational efficiencies and increase value.
Customer Orientation
- Develop and maintain an effective stakeholder engagement partnership with business to provide the most effective and best practice finance and operations strategies and implementation to address business requirements and enhance business capabilities.
- Participate as an active member within the regional organization and Global and Local Finance team structures or on specific projects.
- Lead cross-functional business projects in order to improve operational efficiencies and value effectiveness.
- Provide advice to internal stakeholders on best practice finance and operations policies, procedures, processes and practices.
- Provide reports or feedback to PSI SBU SA leadership team and global structures.
- Ensure that the correct accounting treatment is applied in the organization and by the finance team through ensuring continuous professional development of internal capability.
- To ensure accurate and timely processing of customer enquiries and orders
- Continuously optimize the order processing processes.
Internal Processes & Improvements
- Ensure that PSI SBU Global and Local finance and operations directives are implemented in accordance with business requirements, guidelines and SOPs.
- Liaise and work closely with PSI SBU Global and/or IT and/or PSI SBUP structures regarding finance and operations requirements, and relevant support.
- Ensure team compliance adherence to all relevant PSI SBU guidelines and policies.
- Continuously drive and ensure implementation of agreed improvements in areas of responsibility.
General
- To be an active member of the Leadership Team providing direction and challenge to the organization’s performance.
- To execute all detailed actions necessary to ensure the successful achievement of the agreed PSI SBU value proposition and Service Level Agreements.
- To monitor continuously progress against agreed service levels and take any corrective actions necessary to ensure achievement of SLA’s.
- To develop relationships and services with external fulfillment houses to ensure the achievement of defined business area objectives and service levels.
- To continually develop all departmental personnel, to strengthen individual and Company skills and allow a natural succession line.
- International Travel to represent the organization in the various markets.
- To provide the appropriate oversight and expertise in managing the risks associated.
- To ensure all Company policies are communicated and implemented to team members.
Self Management
- Remain up to date with business, industry, product, SOPs knowledge regarding functional requirements within PSI SBU local or global structures (complete IDP objectives for period).
People Management
- Lead team member/s through effective recruitment, induction, skills devt, performance coaching and evaluation against defined global and local KPIs and in line with HR policies and procedures and leadership commitments.
INHERENT JOB REQUIREMENTS
- Proven finance and operations management track record at a senior management level.
- MS office (word, excel, powerpoint, outlook) at advanced level.
- Strong working knowledge of SAP ERP for finance and operations.
- Travel is required (valid driver’s license and passport).
ADDITIONAL JOB REQUIREMENTS
- Evidence of strong commercial business acumen.
Qualifications
What Are We Looking For?
The basics:
QUALIFICATIONS:
Essential: Honours Degree in Financial Accounting (NQF level 8) or Management Accounting plus SAICA articles plus Certified CA (SA) / CMA (SA).
Preferred: Masters in one of above disciplines (NQF level 8+) or
MBA or related business management post graduate degree.
EXPERIENCE:
Essential: Min 10 years finance management AND operations management experience and 5+ years seniority in management.
Preferred: 10+ years’ experience as above with 7+ years in senior capacity.
Experience in FMCG or Healthcare industry is essential.
FUNCTIONAL KNOWLEDGE:
- Business Orientation (industry, product, SOPs).
- PSI SBU business processes, principles and PSI global and local business systems.
- PSI SBU SOPs related to Finance and Operations.
FUNCTIONAL SKILLS:
- Customer Orientation (customer relations skills)
- Creative Problem Solving and Analytical Thinking
- Leadership (motivate team, lead, inspire, engage, drive results)
- Project Management Methodology skills
- Financial acumen (cost centre financial comprehension)
COMPETENCIES: SENIOR MANAGER LEVEL
- Strategic Agility
- Technical & Business Expertise
- Decision Making
- Communication
- Inspiring and Influencing
- Achieving Results
- Managing Change
- Innovation
- Feedback and Coaching
- Teamwork and Collaboration
The candidate we hire will embody PSI’s corporate values:
- Measurement: You use hard evidence to make decisions and guide your work. You set clear goalposts in advance and explain clearly if you need to move them.
- Pragmatism: You’ll strive to deliver the best possible result with the resources available. You won’t be paralyzed by a need to make things perfect.
- Honesty: You own your mistakes and are open about your shortcomings – it’s the only way you’ll learn and improve.
- Collaboration: You’ll quickly establish a mental map of whom you can rely on for what, on your team, at headquarters, and in our country offices – if you try to do it all yourself, you won’t succeed.
- Trust: You accept limits to your sphere of control and give colleagues the benefit of the doubt.
- Commitment: You are in it for the long-haul and want to grow with the organization, just like PSI serves its consumers and partners with host-country governments through thick and thin.
Salary Range:
PSI is committed to pay equity and transparency. We ensure pay meets the market within each country. This approach minimizes our impact on local talent markets and allows PSI to attract and retain employees, while staying cost competitive.
Actual base salary compensation will be determined by factors such as a candidate’s qualifications, experience, internal equity, external market analysis, and other business factors permitted by law. Hiring above the mid-point of the range below would not be typical in order to allow for potential future salary growth.
PSI is offering the following salary for this position:
~R1,400,000 plus benefits
*For applicants applying outside of the US: please note that those hired outside of the US will be employed through the local PSI office. Pay and benefits will be commensurate with the role and practices of the local office, including payment in local currency. Details will be provided during interview process.
PSI is proud to be an Equal Opportunity Employer and encourages applications from individuals regardless of actual or perceived race, religion, tribal belonging, color, sex, age, national origin, disability, sexual orientation, marital status, personal appearance, matriculation, political affiliation, family status or responsibilities, gender identity or expression, pregnancy, childbirth, related medical conditions or breastfeeding, genetic information, amnesty, veteran, special disabled veteran or uniform service member status or employment status. PSI is a safe, inclusive workplace that welcomes people from all backgrounds and walks of life, and it’s reflected in our diverse community.
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