Financial Controller at Ignition Group

Job Description

Purpose of the Job
To manage “entity” Financial Control

Key Performance Areas

• Co-ordinate annual audit.
• Manage staff of the Financial Control Section.
• Perform any other related duties as requested.
• Prepare current and deferred tax computations.
• Provide technical, procedural and policy guidance.
• Recruit and hire staff for the Financial Control Section.
• Handle labour relations issues (e.g. disciplinary hearings).
• Prepare annual budgets and monthly forecasts for all departments.
• Assign, monitor and coordinate assignments (plan and organise work).
• Determine training needs and identify training courses for direct reports.
• Sign off all trial balance and financial accounts before these are audited.
• Prepare annual financial statements including all relevant IFRS disclosures.
• Evaluate performance of professional staff (conduct performance appraisals).
• Direct budget and cost controls, financial analysis and accounting practices and reports.
• Ensure the company is insured for the right value. Manage any insurance claims that need to be made.
• Career development for direct reports (counselling, coaching, identify KPA’s, career planning, goal setting).
• Analyse and interpret financial data and recommend changes to improve systems and financial performance.
• Ensure monthly payments are made timeously. Includes ensuring payments are made to suppliers based on requisitions.
• Ensure all month-end closure activities are carried out timeously and correctly. Includes ensuring that the correct procedures are followed, and that the correct modules are closed on the system.
• Manage the company’s fixed assets. Ensure assets are loaded onto the financial system correctly, and that they are depreciated correctly and can be physically verified from the system to the physical location.
• Assess financial components (e.g. revenue, expense, operating income and expenses, net income, capex and cash flows) of all Departments. Identify financial impact on overall profit, and communicate risks and recommendations to executive management for each Department.

Educational Requirements

• CA qualification

Required Skills/Experience

• Pastel experience preferable
• 2-5 years commercial experience, including management experience

Preferred Skills

Computer skills:

• MS Office, spreadsheets.
• Reporting skills:
• Preparing monthly / other reports.

Interpersonal skills:

• Uses diplomacy and tact.
• Builds appropriate rapport.
• Relates well to all kinds of people.
• Builds constructive and effective relationships.
• Can diffuse even high-tension situations comfortably.

Communication skills:

• Is able to communicate clearly.
• Can get messages across that have the desired effect.

Analytic skills:

• Assess data, make conclusions.
• Capable of drawing strategic conclusions out of quantitative data.

Management skills:

• Controlling projects.
• Sets clear objectives and measures.
• Designs feedback loops into the work.
• Monitors progress, process and results.
• Planning and prioritising the work of others.
• Clearly assigns responsibility for tasks and decisions.

Business acumen:

• Awareness of the competition.
• Knows how the businesses work.
• Understanding of how strategies and tactics work in the market.
• Knowledgeable in current and future policies, practices, trends and information affecting the organisation.

Written communications:

• Can get messages across that have the desired effect.
• Is able to write clearly in a number of different communication settings and styles.

Budgeting skills:

• Set budget, monitor budget, control expenditure, authorise expenditure, collection of income, forecasts.

Personnel Management Skills:

• General supervision of staff; conducting appraisals; authorising work; advising and giving guidance; training and development; career planning; consultation and counselling of staff.