CBRE Excellerate
The role of a financial support function within Utility Business Units is crucial for ensuring the financial health and operational efficiency of these organizations. This position is responsible for meeting the objectives of the business unit by executing various financial tasks aimed at managing expenditures accurately and efficiently.
Key Responsibilities
In this role, an individual will undertake several tasks that not only require financial acumen but also a keen understanding of operational procedures. Below is a detailed breakdown of what the role encompasses:
| Task | Description |
|---|---|
| Preparation of Payment Proposals | Create detailed payment proposals (also known as Draw Down) to manage cash flow. |
| Account Decision-Making | Assess which accounts should be paid and which should be withheld to maintain financial balance. |
| File Preparation | Compile payment files in compliance with SAP proposals for subsequent uploads. |
| Accurate Filing | Maintain organized records of proposals and proofs of payment for transparency. |
| Invoice Queries | Communicate with municipalities and councils regarding specific invoice issues. |
| Inter-Account Transfers | Request and follow through with transfers between accounts until reconciliation occurs. |
| Drawdown Report Analysis | Monitor drawdown reports to ensure all outstanding queries are addressed promptly. |
| Management of Accounts | Oversee the drawdown and bank accounts for proper financial tracking. |
| Ad-Hoc Duties | Engage in other tasks as required by management, demonstrating flexibility and adaptability. |
Required Qualifications
To thrive in this position, candidates are expected to bring a robust educational background and relevant experience:
- Senior certificate with a focus on Accounting.
- Bookkeeping experience and/or a National Diploma in Accounting.
- A minimum of 2 years of pertinent experience is essential.
Knowledge and Skills
The following knowledge areas and skills are pivotal for success:
- Strong numerical aptitude and financial literacy.
- Extensive knowledge of municipal and government supply regulations.
- Industry-specific knowledge relative to the role.
- Proficiency in computer systems and financial software.
- Excellent negotiation and organizational skills.
Core Competencies
Possessing certain competencies can significantly enhance performance in this role:
- Commitment to integrity and adherence to principles and values.
- Capability to meet customer expectations and deliver results.
- Teamwork and ability to work collaboratively with colleagues.
- Familiarity with following detailed instructions and established procedures.
- Continuous learning and research capabilities.
- Ability to work under tight deadlines, maintaining high accuracy.
- Self-direction and independence in task execution.
Interactions with Internal and External Entities
This position requires effective collaboration with both internal and external stakeholders:
- Internal: Colleagues within the finance and operations departments.
- External: Municipalities, councils, and Eskom for financial inquiries and coordination.
Conclusion
In summary, the financial support role within Utility Business Units is significant for maintaining fiscal stability and efficiency. With a blend of rigorous education, practical experience, and strong financial skills, successful candidates will contribute to the overall mission of the organization. If you are seeking more insights into the financial roles within the utility sector, feel free to explore additional resources available here.
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