Our national client, a prominent manufacturer and distributor across a myriad of industry sectors, are looking to employ an experienced Financial Manager.   

Please note this role is strictly an equity appointment.

An awesome career opportunity awaits!

 

Responsibilities:

 

  • Develop and maintain timely and accurate financial statements and reports in line with reporting standards (IFRS).
  • Oversight and supervision of finance staff and assistance on financial matters and processing.
  • Control of daily cashflow schedule and Group cashflow projections.
  • Preparation of financial information for Management and quarterly Board meetings packs.
  • Calculation, review and capture of all aspects of the Annual budget, including import into ERP System (BaaN).
  • Oversee compliance with all tax returns, provisional tax (bi-annually) and interaction with SARS authorities.
  • Monitor the acquisition, additions, disposals and revaluation (annually) of Capex in line with approved Budgets.
  • Review of Monthly audit file, reconciliations (all Balance Sheet items and significant financial transactions) and payments on a monthly basis.
  • Review, authorization and release of weekly/monthly/ad-hoc payments through Online banking.
  • Taking out of FEC’s with the Bank forex trading house for Global supplier payments and ensure timeous payment.
  • High level review of Preliminary/Final Trial Balances and preparation of monthly Management reports for distribution to Senior Management within required timelines.
  • Evaluate and advise Senior Management on cost deviation/variances to Budget
  • Oversee functioning of Credit Control function, debtor collection targets, refunds/credit limit approvals, legal accounts & write-offs, where necessary.
  • Monitor and implement controls in line with financial and accounting policies, controls and governance procedures.
  • Oversee preparation and review of audit files, audit planning and liaison with Internal and External auditors.
  • Review of new suppliers added to ERP system and bank master file
  • Review of imported products costing and update of costing in ERP system
  • Review of production rates (labour and overhead) for manufactured products and monthly system update.
  • Oversee management of all leases, contracts and financial commitments.
  • Ensure all monthly and annual statutory requirements of the organisations are met
  • Compilations and distribution of statistics for South African Reserve Bank and Statistics South Africa
  • Fulfilling any ad hoc duties required by the Finance Director.

 

Knowledge/ Skills/ Qualifications/ Experience:

  • Relevant university degree in Accounting, Commerce or Business Management with Articles.
  • Professional designation: Cost and Management Accountant, Certified Management Accountant or Associate General Accountant can be considered
  • Minimum of 8 –10 years’ experience in a similar role.
  • Strong working knowledge IFRS and accounting principles.
  • Ability to manage a medium size team of finance/admin/credit control staff.
  • Excellent interpersonal and communication skills needed to interact with MD, Group CFO, finance and other staff.
  • Deadline driven, tolerant of stress and pressure and attention to detail.
  • Ability to prioritize work and deal with the most urgent demands swiftly and efficiently.
  • High level of accuracy, analytical and problem-solving ability.
  • Traits – honesty, competency, accountability, reliability, dependability, confidentiality.
  • Manufacturing entity accounting, departmental costing, standard costing of products/variance accounting is a must.
  • Good computer literacy of Excel and experience with Baan (or similar fully integrated ERP accounting package) is advantageous.

 

Please consider your application unsuccessful should you not receive a response within 2 weeks of applying.

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