Minimum Requirements:
- Registered Chartered Accountant.
- A minimum of eight years' experience in a manufacturing environment, with at least four years in a managerial role.
- Proficient in JD Edwards enterprise resource planning (ERP) system.
- Extensive knowledge and experience in conducting and managing financial audits.
- Valid Drivers Licence and Own Vehicle.
Duties and Responsibilities:
Strategic Financial Leadership
- Contributes to the development of the company’s business strategy and five-year plan as a key member of the executive management team.
- Advises the Board on dividend policy and funding strategy to ensure financial sustainability.
- Ensures the establishment of robust financial reporting, accounting systems, and internal controls in compliance with statutory regulations, GAAP, and internal company requirements.
- Oversees the implementation of a suitable information technology infrastructure to support the company’s strategic objectives.
Financial Management & Reporting
- Ensures timely preparation and submission of management accounts and reports by:
- Facilitating the integration of Financial and Cost Accounting Reports.
- Controlling Payroll administration and Finished Product reports.
- Ensuring all financial reports are accurate and compliant.
Manages cost and financial accounting processes, including:
- Monthly statutory returns and general ledger reconciliations.
- Inventory reconciliations and stock adjustments.
- Preparation and oversight of the five-year company budget, covering CAPEX, production costs, maintenance, and labor costs.
- Maintenance of the company’s asset register.
Oversees the financial year-end process, ensuring:
- Effective coordination with external auditors and resolution of outstanding audit issues.
- Accurate financial reporting and variance analysis.
- Submission of statutory financial statements.
- Conducts project accounting and financial feasibility evaluations as required.
Manages treasury operations by:
- Overseeing foreign currency transactions, hedging policies, and financial instruments.
- Engaging with financial institutions on investments, loans, exchange rates, and forward cover.
- Ensures sufficient funding for capital and operational expenditure by optimizing the company’s gearing for profitability.
- Manages payroll operations through an external service provider, ensuring compliance with legal and company standards.
Risk, Compliance & Asset Management
Manages the organization’s risk exposure by:
- Conducting business risk assessments.
- Defining and negotiating insurance policies while controlling insurance costs.
- Administers property lease agreements and site services contracts, including canteen, medical station, and facility management.
- Serves as a member of the Provident Fund and Medical Aid Management Committee.
Ensures compliance with financial and tax regulations, including:
- SA Income Tax, VAT, UK VAT, Australian General Sales Tax, and Customs & Excise Tax.
- The Companies Act and GAAP reporting standards.
- Reports on the company’s financial status, including budget variances, on a monthly basis.
IT Systems & Process Management
Ensures effective IT service provision through external service providers under a Service Level Agreement (SLA), covering:
- Network infrastructure, operating systems, servers, and Helpdesk support.
- JD Edwards Enterprise Resource Planning (ERP) system for finance, general ledger, procurement, production, and maintenance processes.
- Compiles and manages the IT budget to support business operations.
Procurement & Inventory Management
Oversees efficient asset and inventory management by:
- Establishing and maintaining optimal stock levels (excluding raw materials).
- Ensuring security and accurate record-keeping of inventory.
- Procuring goods and services within defined cost, quality, and timeline parameters.
Implements vendor management strategies by:
- Establishing a preferred supplier list.
- Developing and managing vendor contracts with a focus on performance and compliance.
People & Cost Management
- Ensures financial staff are trained, skilled, and utilized effectively.
- Fosters a positive work environment to boost staff morale and productivity.
- Manages the Finance Department budget and assists with the company’s annual budget compilation.
Supervisory Responsibilities
- Oversees the IT and Stores departments in addition to core financial responsibilities.
Gmail
Yahoomail