- Parow
- Salary: R85 000.00 - R95 000.00 Per Month
- Job Type: Permanent
- Sectors: Accounting FMCG Manufacturing
- Benefits: Pension
- Reference: Pieter
Vacancy Details
Financial Manager
Area: Epping, Cape Town
Salary: R85000 to R95000 p/m depe4nding on qualifications and experience
Position Summary
Responsible for managing the Finance division and for implementing tactical initiatives to
support strategic decisions.
Essential Duties and Responsibilities
· Oversee and manage the financial operations.
· Contribute and participate in strategic and tactical processes in the business, including financial modelling to support new business development, and other strategic initiatives.
· Provide financial analysis and insights to management regarding the historic and forecast performance of the business, through the management accounting process.
· Maintain high quality financial disciplines and controls throughout the Group and ensure that measures to mitigate risk are effectively implemented.
· Develop and maintain systems, policies and procedures necessary to ensure effective and efficient financial management of the Group.
· Coordinate and facilitate governance and compliance across the company in accordance with industry frameworks in order to monitor and mitigate financial and other risk.
· Preparation of financial and management reports on a monthly basis and ensure the financial results of the business are complete, accurate and timeously recorded in accordance with applicable accounting standards, relevant legislation and Company guidelines.
· Manage the external Audit and oversee the preparation of the annual financial statements.
· To ensure that financial and reporting obligations of the Factoring House, regarding customers are met timeously and accurately on a weekly and monthly basis.
· Ensure a sustainable working capital position by applying systematic cash flow forecasting, rigorous cash flow management metrics.
· Oversight of the debtor process and ensure that the relevant processes are adapted depending on the nature of the customer’s profile.
· Oversee and review creditors reconciliations.
· Approve and release of daily COD payments.
· To continuously identify and implement improvements regarding processes and reporting.
· Custodian of profitability and efficiency through oversight of inventory.
· Overseeing annual stock take and calculating the provision for obsolescence.
· Superuser of ERP system, includes working with consultants to continuously improve and customise the system, as well as support users with any issue they might experience or identify.
· Facilitate and finalising of the Annual BBEEE audit.
· Preparing of all Provisional tax and Income tax as well as Dividend Withholding tax calculations/returns.
· Solving of tax queries from the South African Revenue Services.
· Oversee the customs RLA system in conjunction with the clearing agent in respect of the rebate store.
· Perform VAT reconciliations.
· Oversee vendor and application process.
· Oversee credit approval process.
Required Skills
- Fmcg Experience: 7 to 8 years
- Manufacturing: 7 to 8 years
- Financial Mgmt: 7 to 8 years
Candidate Requirements
Requirements
· Essential: Relevant tertiary qualification and CA (SA)
· Minimum 5- 8 years’ experience in a manufacturing/FMCG environment with a financial leadership role
· Managing a medium size finance team.
· Demonstrated and proven track record of implementing and improving accounting systems, processes, management information and financial reporting.
· Knowledge and experience in all areas of financial planning, budgeting, analysis and overall financial management.
Skills and Abilities
· Proven and sound financial and risk management skills
· Ability to lead and manage change
· Exceptional problem-solving ability
· Ability to communicate, present and influence at all levels of the organisation, including management and executive level
· Advanced skill in Microsoft Office, especially MS Excel.
· Acumatica (ERP) experience and knowledge - advantageous
· Results driven and able to meet deadlines in a fast-paced work environment
· Ability to perform under pressure
· Preference will be given to AA applicants
7 people have applied for this job. 262 people have viewed this job.
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