Financial Manager at Omnia (Pty) LTD

Qualifications

• BCom Accounting Degree
• Chartered Accountant 

Experience

• 5 Years relevant experience
• 3 years Financial Reporting experience
• Experience in analysis and balance sheet recons will be advantageous
• Advanced experience with using Excel formulas and functions
• MS Office (MS Excel, Advanced)
• ERP System (Pastel Evolution, Microsoft AX Dynamics) 

Duties

Direct and Indirect Management of Staff

• Responsible for the recruitment, management and development of Senior Financial Accountants within the Reporting department
• Responsible for the management of the individual Chemicals Trade operations finance teams to ensure sound service delivery to customers
• Responsible for ensuring that applicable training and development needs are identified within the individual Chemicals Trade operations finance  teams
• Responsible to ensure that effective tracking systems are in place to ensure that work is performed in accordance with instructions and/or guidelines, and to enhance productivity and ensure appropriate motivation and satisfaction levels of staff

Management Reporting

• Responsible for the consolidation and analysis of management accounts, assessing reasonableness, and providing commentary as a source of  management information
• Responsible for maintaining 5-year histories
• Perform thorough GP and Expense analysis, provide commentary.
• Timely preparation and review of balance sheet reconciliation. Oversee the process for the completeness of the preparation of balance sheet recons
• Assist with day-to-day activities of the finance reporting function
• Oversee the intercompany reconciliation and confirmation process
• Responsible for generating, maintaining, and analysing statistics as a source of management information
• Responsible for consolidating Board Reports and preparing required information for the meeting
• Responsible for monitoring and analysing actuals vs. forecasts and budgets
• Responsible for the continued improvement of the financial reporting process 
• Maintenance of all changes on all reporting files
• Resolving all reporting queries raised by management
• Responding to all queries raised by the Group Division
• Manage and develop the Reporting Accountants,
• Ensure accurate, timeous and complete financial reporting,
• Provides performance and variance analysis,
• Analysis and communication of Net working Capital,
• Responsible for completion of Audit Packs at half year and year end,
• Support compilation, communication and submission of budgets and forecasts,
• Effective support on Tax for the Chemicals segment divisions,
• Provides IFRS and technical support,
• Manage the Review of balance sheet recons,
• Co-ordinate Monthly Balance Sheet Reviews
• Manage External Audit process

Process Improvement

• Responsible for monitoring, exploring, and investigating the functioning of financial systems, practices, and procedures with the view to identifying  inefficiencies that hamper service delivery.
• In this process, responsible for establishing end user satisfaction by assessing their needs 
• Responsible for conducting benchmarking and best practice analyses in order to gain an overview of developmental or optimisation possibilities
• On the basis of these analyses, responsible for accessing or new implementations which could lead to substantial improvements in business  efficiencies, including speed of operations, resources required to perform  work and customer satisfaction
• Responsible for ensuring that systems are designed to operate in cost effective ways to maximise the competitiveness and profitability of the  business
• In pursuance of meeting statutory, professional, and corporate governance criteria, responsible for seeking ways to design systems so that errors, omissions, or deviations can be easily identified, and corrective actions  easily implemented
• In the process of implementing financial value chain improvements, responsible for ensuring that sound change management practices are adhered to in order to ensure the acceptance and continuity of the new implementations