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  • Posted: Oct 13, 2022
    Deadline: Not specified
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    Tenneco (NYSE: TEN) is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with full year 2021 revenues of $18 billion and approximately 71,000 team members working at more than 260 sites worldwide. Through our four business groups, Motorparts, Performance Solutions, C...
    Read more about this company

     

    Finance Director

    Role Purpose:

    Responsible for all Country Finance related issues including Controlling, Accounting, Local statutory, Treasury, Tax and Finance Business Partner to the Country GM, responsible for providing financial strategic support to both the Aftermarket Business and to the Manufacturing and Purchasing Team also leading the working capital/Capex management.

    Key responsibilities:

    • To develop and maintain a strong internal control environment in South Africa by ensuring that strong controls are implemented and adhered to within the South African Group. To manage and train the Finance Department’s employees to ensure the delivery of top class performance;
    • To create and develop a top world class Finance Team;
    • To prepare and communicate Group Annual Financial Statements (IFRS);
    • To calculate and file group income taxes twice a year;
    • To prepare and communicate financial results to the South Africa management board on a monthly basis (USGAAP), ensuring they are valid, accurate, timely and complete in all material respects;
    • To calculate and submit local group tax liability to the US head office on a monthly basis;
    • To oversee the local group’s Treasury function;
    • To lead the local groups Finance Shared Services Centre;
    • To ensure compliance with relevant statutes, standards, policies etc;
    • Finance Business Partner for the Country GM and local management team including regional sales directors, ensuring compliance with local and group accounting policies, supervising all accounting functions related to the preparation of financial statements, business planning, budgeting, expense control, analyzing and making recommendations about the profitability of the business;
    • Responsible for working capital management;
    • Responsible for Capex management;
    • Responsible for setting up and maintaining the correct level of inventory per product line;
    • Comply with all Environmental, Health and Safety requirements as advised by SHERQ department induction, policies and procedures;
    • Support the business with BBBEE compliance initiatives;
    • Participation in the company’s provident fund meetings;
    • Represent top management in the Employment Equity meetings.

     Reporting To: EMEA Executive Director Finance 

     Direct Reports: Directly managing a Team of 10

     Required Skills:

    • Able to work efficiently in a matrix organization and manage a remote and diverse team;
    • Able to understand and influence the country local complexity but also able to convey to the Leadership the message in a simple, clear and crisp way in order to focus on key priorities;
    • A good knowledge of SAP and Hyperion Systems;
    • A very good knowledge Cost Accounting and Supply Chain key operating matrix

    Required Experience:

    • Minimum 5 - 8 years’ experience in a similar role or in a Finance Director role;
    • CA (SA) designation or similar qualification;
    • Previous Manufacturing or Supply Chain exposure.

    Method of Application

    Interested and qualified? Go to Tenneco on jobs.tenneco.com to apply

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