Job Role: Finance Manager
Location: Stanger KZN
Purpose of the Role:
Direct the financial operations of the company on behalf of the shareholders towards becoming a cost effective profitable organisation
Start date: Immediate
Software: JD Edwards
Qualification:
- BCom/ BAccSci/ BCompt (Accounting) plus Honours preferable.
- Professional qualification (CIMA, ACCA, MBA or CA(SA))
- Computer literate Google suites and JD Edward compulsory
- At least 5-7 years experience as a Finance Manager or Senior in Finance
- Experience in systems implementation
- Should be prepared to travel
- Financial organisation skills
- Proactive team leader and organisational skills
- Critical Cross Field Outcomes:
- Perform all duties to the latest ISO 14001 and 45001 requirements.
- Function as part of a team.
- Ensure total confidentiality of all information, internal and external, pertaining to the business, all its Employees and Management.
- Perform all necessary computer functions.
- Manage teams of people at work.
- Communicate with clients in a professional manner.
- Maintain discipline in the organisation to legal requirements & Company Policies & Procedures/
- Employment Equity, Skills Development Act, Labour Relations Act and Basic Conditions of Employment Act
- Perform Strategic Planning Functions
Responsibilities: - Direct the financial operation of the Company on behalf of the shareholders towards becoming a cost effective profitable organisation.
- Manage and Control accounting department effectively and efficiently.
Authority - Endure that the Finance and administration department meets its objectives.
- Sound financial management in terms of national and international accounting standards.
- Ensure the Companys financial procedures and practices are according to Company and Group procedures and practices.
Duties: - Plan, direct and coordinate overall financial activities for the operations.
- Compile budgets for the company and perform financial forecasts as required by France.
- Manage cash flows for the company
- Check and study financial statements on a regular basis.
- Revise and implement accounting department work procedures
- Monitor and review accounting and financial data for completeness, accuracy and validity
- Maintenance of fixed assets register;
- Assist in formulation and implementation of business strategies
- Expose fruitless and wasteful expenditure in order to improve profitability of the organisation
- Review trial balance on monthly before reporting
- Verify investments and capex decisions
- Report back to Cluster CFO on progress and staff problems within Finance
- Monitor all user departments throughout the organization and ensuring compliance with all relevant standards and statutory requirements, including SARS, GAAP/IFRS
- Tax calculations
- Ensure the Companys financial procedures and practices are according to Company and Group procedures and practices
- Tax filing and obtaining the necessary tax certificates
- Attend tax queries to and from Tax authorities
- Ensure tax compliance and deadlines are met
- Review of audit files in preparation of external and internal audits
- Coordinate external audits and internal audits for the company
- Draft statutory financial statements
- Responsible for tax & cash flow forecasts, actual cash flow and explaining variances
- Calculation of provisional, income and deferred taxation
- Completing the SOX compliance questionnaire, ensure compliances and report non-compliance to CFO (internal audit)
- Reporting monthly, quarterly and yearly reporting to Paris using internet based reporting tools
- Complete VECTOR & XRT (treasury) packages, review the latter for;
- Formulate, review internal policies and procedures
- Authorise and purchase foreign exchange contracts (FEC)
- Assist CFO with bonds & guarantees
- Calculation of the Mark to Market of the open FEC
- Set KPIs and targets for accounting staff
- Coach and mentoring staff
- Complete Stats SA questionnaire on a quarterly, half yearly and yearly
- Review creditors payment reconciliation before payment
- Monitoring the daily cash position of the company and invest excess funds to reduce the overdraft position
- Authorise the BOP forms for incoming funds
- Approve the change of supplier banking details
- Calculation of the companies net financial result
- Manage the relationships with the banks
- Interact with financial institutions to ensure adequate facilities are available.
- nn) Administration of bank guarantees/bonds.
- oo) Interact with external auditors and ensure that annual external audits are performed and that
- audited annual financial statements are submitted timeously.
- Ensure that:
- All monies are received and banked.
- Proper accounting records are kept.
- All statutory returns are rendered.
- All payments are authorised correctly
- Expenditure is controlled within agreed estimates.
- Participate as a member of the management team.
- Meet all requirements as laid down in the Companies Act and the Articles and Memorandum of
- Association of the Company.
- Communicate the Company vision and channel employees energies towards the achievement of that vision.
- Comply with Employment Equity, BEE and Skills Development process
- Serve as a company trustee for the companys workers trust
- Serve as Public Officer for the company
- Perform any duties as requested by the MD/ CFO
Direct the financial operations of the company on behalf of the shareholders towards
becoming a cost effective profitable organisation