PURPOSE:
Our Client is seeking a full-time, Finance Manager who will be responsible for the management of their plants situated in East London, Durban and
Pretoria. As the Finance Manager, the ideal candidate will work in close collaboration with the EU Finance Director and RSA Finance Team and will be
responsible for overseeing the finance and accounting functions of the business. The Finance Manager will be accountable for financial planning,
forecasting, budgeting, financial reporting, and analysis to provide the strategic insights necessary to guide the business decision-making process and
contribute to profitability and growth.
MAIN AREAS OF RESPONSIBILITY: The Finance Manager is responsible, but not limited to the following:
GENERAL:
- Responsible for the timeliness and quality of the reporting
- Ensures proper analysis is provided in order to support the management
team - Following corporate and divisional procedures and controls
- Following local accounting principles, rules and tax regulation (including
BBBEE) - Banking relationship
- Interaction with all departments in the company both locally and internationally
- Ad hoc requests as and when received
- Policies and Procedure review
- AIS Grants
SPECIFIC:
- STD costing
- Reporting: Capex DB, Rolling Forecast, Tooling reporting, Overdue
reporting - OS: Intercompany, Sales and Contribution
- Balance sheet reconciliation, Journal entries SOX reports and certificates
- Fixed assets (including supporting preparation of Screenings and Capex)
- Project management and tracking – CEA.07
- CM walk – CAP7
- Internal controls including BS reconciliations.
- Sales prices control
- Payroll review
- Support the development of Forecasts, Budget and MTP plan.
- Following corporate and divisional procedures and controls
- Month end closing – manual journal preparation, accounting control
- Support other departments - Ensures proper analysis is provided to support the management team
- Responsible for management of local finance department
- Hedging, currency management, cash forecasting
DAILY / MONTHLY TASKS:
- Cashflow review and management
- Journal entry review
- Balance Sheet Recon reviews
- Payment release on the bank (local/foreign/payroll)
- Month end GL and account review
- Month end meeting analysis, commentary and reporting
- Short term forecast review
- Purchase order authorization
- Internal control/ General Control Framework/ Risk Management
- Payroll review
- BBBEE involvement
- VAT review
- Capex involvement
- Costing/Pricing changes reviewed
QUARTERLY TASKS:
- Financial review Questionnaire and other HO quarterly requirements
ANNUAL TASKS:
- Tax – Year end calculations, Transfer Pricing, Country-by-Country
reporting - AFS review
- Budget coordination, finalization and presentation
- Insurance
KNOWLEDGE & EXPERIENCE:
- CA (SA)
- Minimum 5 years in charge of a finance department of a manufacturing company with a national/global footprint.
- Highly Motivated Individual with a positive attitude and flexible approach to work
- An understanding of regulatory and financial reporting regime and IFRS
- Proven track record of clean financial management and administration
- Financial Modelling Knowledge
- Excellent interpersonal skills with the ability/desire to work in a team
- Strong leadership skills: ability to effectively influence all levels of management +strong analytical and conceptual abilities
- Well-refined technical finance and strategic skills
- Corporate Finance experience advantageous
- Assist the organization with administrative, filling and other smaller support functions
