Financial Manager at Talented Recruitment Specialists

• Leading manufacturing concern based in Rossburgh, Durban seeks a Finance Manager with strong technical accounting skills, leadership abilities, and effective inter-departmental communication. 
• The ideal candidate should have experience in a manufacturing environment.

Duties and Responsibilities: 

• Ensure accurate and transparent management, interface and control processes of the finance department
• Continuously practice utmost professionalism and ethics
• Politely and effectively communicate with all internal and external stakeholders.
• Ensure that the published company Values are adhered to at all times
• Promote and ensure Transparency & Accountability
• Be able to meet deadlines and work efficiently with all team members
• Revenue Forecast Accuracy & Cost Reduction Efficiency
• Daily monitoring of cash flow and availability
• Continually seek Profit Margin Improvements and carry out Budget Variance Analysis
• Timely submission of Financial Reports
• Continuously monitor and manage Internal Controls to ensure effective segregation of duties
• Manage interface and liaise with the different management heads for problem areas
• Preparation and submission of all statutory returns ie Vat, Paye, Emp501 reconciliation as well as Statistics forms
• Reconciliation of all Balance Sheet accounts in the General Ledger and investigating differences
• Preparation of monthly management accounts detailing actual operating results for the month and period to date
• Comparing prior months and prior years with explanations and exceptions
• Compile annual budgeted income statement and cash flow
• Schedule regular report back meetings with management
• Working Capital Ratios / Cash Conversion Cycle
• Preparation of working papers and liaising with audtiors on a monthly and yearly basis
• Research and analyse financial reports and market trends
• Stay up to date with technological advances and accounting software to be used for financial purposes
• Establish and maintain financial policies and procedures for the company & adhoc Projects
• Manage business plans - create financial framework to drive organizational performance and strategic growth.
• Evaluate growth opportunities
• Identify actual and potential risk areas of the business and generate solutions to mitigate them
• Co-ordinate the Implementation of the MRP module in SAGE
• Review accuracy of product costings and margins on a continual basis
• Manage and maintain the standard costing system and ensure variances are timeously analysed and dealt with.
• Maintain watchful oversight on inventory to ensure that stock obsolescence is kept to a minimum.
• Ensure that accurate records are kept for bond stores
• Review all insurances and particularly all assets annually to ensure the company & assets are properly insured