Job Details
Employer: U Select Solutions

Established over 3 decades ago, this global manufacturing leader has unmatched global reach and scale,with a presence in over 34 countries.

They pride themselves in excellence and we are currently looking for a skilled and qualified Financial Controller with experience in managing the financial activities of a manufacturing plant, to join their management team in Maseru, Lesotho.

The role is open to both Lesotho Foreign Nationals as well as South Africans wanting to work as an expat but still live on the borders of South Africa.

Minimum requirements:

  • B Comm Accounting or similar. A Chartered Accounting Certificate will be an advantage
  • 3-5 Years finance management experience within a manufacturing operation, preferably within the OEM or related industry
  • Experienced in Finance policies and procedures
  • Experience in Financial management in production (new products, engineering changes and commercial open issues)
  • Advanced broad-based accounting knowledge
  • Global, industry and regulatory influences on business
  • Critical thinking (problem solving and continuous improvement)
  • Planning and organising (including project management)
  • Excellent interpersonal and communication skills
  • Proven Leadership abilities
  • High ethical standards and the ability to demonstrate objectivity in decision making

Purpose and Responsibilities include but are not limited to the following:

To control the overall financial activities of the plant.To establish and improve the financial systems and controls within the plant.To organise the financial department to be as effective and efficient as possible.To be involved in management decisions and discussions with regards to the plants current and future business opportunities.

MANAGEMENT REPORTING

  • Prepare and evaluate variance analysis
  • Prepare variance analyses comparing actual results to budget / forecast
  • Analyse business performance by Plant/ Platform
  • Prepare financial support for capital appropriation requests for plant
  • Develop and distribute management reports for local management

GENERAL ACCOUNTING

  • Review and validate monthly, quarterly and yearly close
  • Adjust balance sheet accounts for accruals and prepare additional journal entries
  • Define allocation methodology
  • Review trail balance for correctness
  • Provide journal entries
  • Adjust balance sheet accounts for accruals
  • Allocation methodologies
  • Provide appropriate documentation for reconciliation purposes
  • Provide information about inter- and intra-company discrepancies if required
  • Prepare trial balance reports
  • Validate final Trial balance
  • Validate monthly, quarterly and yearly close
  • Reconcile Hyperion to SAP
  • Support quarterly and yearly schedules

FIXED ASSETS / PROJECT ACCOUNTING

  • Plan and monitor capital expenditure
  • Summarize capital expenditure plan for plant (Preparation & Authorization)
  • Monitor capital expenditures against CAR and or plan and or Internal Order for plant
  • Decide on capitalization of assets and settlement of CIP
  • Interact with program controller & CBUs for plant to create correct input
  • Decide on adjustments and retirements
  • Provide information for write-offs, retirements, valuation and work-in-progress accounts
  • Apply for and manage capital grants
  • Assist in the application and reporting of capital grants
  • Verify fixed assets inventory and request adjustments

COST ACCOUNTING / INVENTORY ACCOUNTING

  • Perform inventory accounting
  • Develop and monitor inventory accounting work instructions for materials and supply at plant level based instructions
  • Account for all inventory movements
  • Reconcile after physical inventory
  • Value in inventory
  • Provide support for appropriate taxes and exercise rates
  • Calculate appropriate accruals
  • Analyze and report stock / inventory losses

BUDGETING & FORECASTING

  • Prepare, develop and review financial budget and forecast
  • Develop financial planning and budgeting work instructions at plant level
  • Prepare financial budgeting assumptions for the plant
  • Develop financial forecasts
  • Review profit plan and forecasts with local management and Operations organization
  • Work together with CBUs and Operations to receive and verify budgeting assumptions

DIRECT AND INDIRECT TAX

  • Completion of the monthly VAT return
  • VAT compliance as per Lesotho legislation
  • Preparation and reconciliation of IVCF (Import VAT credit facility)
  • Monthly follow-up with the LRA regarding VAT refunds
  • Monthly preparation of the VAT payment
  • Withholding tax compliance as per Lesotho legislation
  • Issuing of Withholding Tax certificates
  • Collaboration with the LRA and internal stakeholders during tax audits

Only applicants who meet the minimum requirements should apply.Please submit detailed CV’s to cv@uselectsolutions.co.za and include Financial controller – Lesotho in the subject line.

Apply before Sunday, September 23, 2018 - 6 Hours left Companies may expire jobs at their own discretion. If you have not received a response within two weeks, your application was most likely unsuccessful.
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