Finance Manager - Kempton Park at Sandvik

The Role: 

• To manage financial operations for the Sales Area entities as per the regulatory, & internal financial reporting policies and guidelines.

Key responsibilities:

INTERNAL FINANCIAL REPORTING:

• Review financial information in accounting system to ensure accuracy of data.
• Authorise postings to the general ledger.
• Review trial balances to ensure accuracy of information.
• Manage / run the month end as per the month end run process.
• Review uploads onto the financial reporting system (BPC) and review individual financial reports and reconciliations for completeness and accuracy.
• Compile and implement financial reports in the reporting system according to the accepting Sandvik financial reporting policies.
• Monitor adherence to timeframes and ensure that all reporting files are complete.
• Manage and review the uploading of forecasts on a quarterly basis.
• Prepare ad hoc financial reports as and when requested.
• Manage the compilation of financial results for board packs.
• Manage the submission of Group audit reporting.
• Manage the submission of quarterly key financial data to external advisory firms for investment evaluations.

INTERNAL AUDIT AND CONTROLS:

• Manage the design and implementation of internal control framework for the Finance Department, in conjunction with the Financial Manager: Compliance.
• Provide evidence for quarterly testing of internal controls.
• Implement corrective actions for all failed controls.
• Support the line manager in the management of internal audits when selected by Group.
• Manage implementing, updating and upholding the limits of authority and application therein, within the ERP system.
• Review the applicable limits of authority for all documentation and processes submitted to Finance.
• Review asset capitalisation for approval and applicability to tax framework and Sandvik Asset Recognition Policy.
• Review and sign off all reconciliation as per Sandvik financial reporting guidelines.
• Oversee sub ledger controls and management (assets, AP, AR and cashbook).

TREASURY MANAGEMENT:

• Manage treasury related activities in accordance with Sandvik treasury governance criteria, including but not limited to:
• ICM
• Forex
• Capital injections
• Borrowing facilities
• Manage cash flows for the entities.
• Manage the internal overdues to ensure sufficient cash flows.
• Manage sound business relationships with banks.

COMPLIANCE:

• Comply with safety regulations and internal standards and procedures.
• Comply with applicable legislation i.e. Section 21 of Mine, Health & Safety Act.
• Monitor compliance of team members to safety regulations, applicable legislation and internal standards and procedures.

PEOPLE MANAGEMENT:

• Participate in the recruitment of subordinates, in consultation with the line manager and in accordance with HR policy and procedures.
• Manage performance of subordinates through the development of performance agreements and conducting performance reviews.
• Create learning opportunities for subordinates through the identification of areas for development, coaching and recommending formal functional training when required.
• Manage sound employee relations in accordance with HR policy and procedures.

Profile required:

• Minimum Chartered Accountant
• Minimum 5 years post qualification experience in financial accounting / management role.