Financial Controller - East Rand at Unique Personnel

Job Description    

Financial Controller supports key business leaders and the Head of Controlling in driving and monitoring the business performance by providing financial insight. Ensures  business activities are conducted in accordance with the Internal Control System (ICS), and that financial impacts are measured and reported following the  accounting standards and instructions. The purpose of the role is also to ensure that business KPIs are logical and add value, actions are defined based on performance, and that benefit realizations are delivered. Financial Controller is also accountable for executing the planning process according to global guidelines with the business leaders.

Responsibilities and key activities

• Business partnering with strong outside-in mindset
• Understanding of the business logic and dependencies between key operational processes, relationships, and metrics.
• Being the key finance professional and trusted advisor of finance matters in the organization and promote and ensure adequate finance understanding in the business organization.
• Evaluate industry, economic, financial, and market trends to forecast the organization's short, medium, and long-term financial and competitive position
• Providing actionable insights, key findings, and conclusions to business, not just numbers
• Ensure transparency of accounting and compliance with IFRS and IAS-;
• Managing and analysing the financial performance
• Ensure that key reporting principles and correct costing parameters as defined by (Accounting
• Manual) SAM, local laws and ICS have been implemented and followed
• Ensure the correctness of managerial reporting including support for operational staff to ensure accurate cost data, correct and timely recording of quality costs and  Production Systems KPI's
• Monthly manufacturing variances and KPI analysis and identification of gaps and improvement measures
• Analyze and understand the weekly/monthly actual performance of the business, as well the deviations compared to planned (Budgeted / Forecasted) performance and be proactive in supporting business leaders in creating plans to close identified gaps and implement improvements
• Provide and share the executive summary of the performance including opportunities and risk with business leaders.
• General Ledger Reconciliations, journals, review accruals and provisions
• Follow up on long outstanding projects, arrange meetings and develop action plans (WIP Tracker), including Investigate
• Facilitating the planning and forecasting processes
• Support the planning and forecasting processes by providing financial parameters to be utilized in sales and cost planning and forecasting by the business (e.g., inflation rate, foreign exchange rates, increases in wages and salaries, costs for corporate materials, milestone lead times)
• Validate and analyze the outcome and ensure realistic level of figures
• Ensure that plans and forecasts are consolidated and reported forward in a timely manner and that deadlines are respected.

Other tasks

• Perform or organize the execution of the business controlling tasks as defined in ICS
• Participate in more general analysis tasks that support the Business Line, e.g., analyzing the opportunity
• funnel, and producing scenario analyses for versatile purposes (e.g., market demand vs. pricing in different scenarios).
• Maintain strong connections with other stakeholders and other Finance colleagues within  to
• share best practices and to understand current and future trends
• Perform other ad hoc activities within reason that may be allocated from time to time by Superiors
• Performance Measures
• Individual objectives/targets
• Proactive business partnering (assessed by line manager and business stakeholder)
• Implementation of the documents, processes and tasks defined in ICS
• Budgeting and forecasting accuracy
• Operative result
• Cash flow
• Manageable working capital development
• Fixed costs level/reduction
• Accounts receivable overdue
• Reporting deadlines
• Quality and attention to detail
• Audit findings on areas of responsibility

Competence profile

Behavioural competences

• Impact and influencing
• Communicates with confidence and clarity, identifies, and breaks down barriers to open communication. Considers and builds on others' ideas.

Inherent Requirements    

• CA(SA) / CIMA
• Bachelor's degree in Finance
• At least 3 years' experience in a financial role
• Proven project management experience and demonstrable skills in report writing and data illustration for decision making.
• Work in a matrix structure and show sensitivity and flexibility to the country structure.
• 5+ Years working experience, ideally in multinational engineering/manufacturing company.