Head of Finance - Sunninghill at Unique Personnel

Job Description    
Position Summary

• This role is responsible for Group wide financial planning and analysis, management of treasury activities including funding, liquidity and monitoring of operating entities (Opco) foreign exchange risks

Essential Duties and Responsibilities

Financial planning and analysis portion:

• The main purpose of this function is to influence management teams and support thoughtful decision-making. This role provides an opportunity to analyze, coordinate and report on forecast performance, actual performance against forecast, identifying areas of improvement and designing solutions.
• Management of the group annual budget and quarterly forecasting processes.
• Review of operational budget and forecast presentations.
• Preparation of the consolidated board budget presentation.
• Review and participation in monthly management meetings of operational companies.
• Preparation of financial models showing both historic and forecast covenant calculations and providing an understanding of individual business performance to debt providers.
• Involvement in preparation of five-year business plan including strategic analysis of operation business and the action plans required to meet financial targets, including head office cost restructuring plan.
• Preparation of financial information and engagement with due diligence providers to provide an understanding of the individual operation businesses, historic and forecasted financial performance and nature of customer and product profiles.
• Coaching of financial managers to meet group business advisory requirements in their individual roles. 

Treasury and related risk management portion:

• The main purpose of this role to manage liquidity and foreign exchange risks of the group while building relationships with management teams and external stakeholders.
• Group liquidity management, optimisation and risk assessment.
• Compliance with covenant measures and facility undertakings.
• Management of group wide interest rate risk.
• Development and maintenance of group treasury operational policies, systems and procedures that impose control over all treasury related activities.
• Management of group wide banking platforms as well as management of relationships with providers of debt, treasury technology products and related services.
• Identification, assessment and mitigation of business risks across the group including maintenance of the risk matrix, whistleblowers, incident reporting tool.
• Ownership of the group insurance program and related insurance activity.
• Oversight of group sales and operations planning processes.
• Long term liquidity modelling, facility negotiation and transactional management.
• Maintain the necessary records and audit trail to facilitate the external audit and exchange control compliance;
• Ensure that the group is complaint with SARB and other applicable regulations;
• Prepare month-end reporting for submission to Exco pack.

Other Financial Management Functions:

• Management of the group’s monthly financial reporting process in accordance with IFRS.
• Maintaining and improving processes and reporting tools to ensure high quality reporting is delivered timeously across the group.
• Management of the group’s statutory financial reporting process in accordance with IFRS.
• Preparation of consolidated financial reporting, which provides meaningful insight to the group’s results, required for both the executive committee and the Bounty Brands Group board of directors.
• Consolidation of quarterly group forecasts and annual budgets.
• Management of the regulatory and tax compliance processes across the group, including review of operational entities calculations and tax returns and management of group wide tax e-filling profiles.
• Research and resolve accounting issues including evaluation and implementation of new accounting policies to ensure compliance.
• Corporate restructure/group simplifications – accounting and tax input.
• Maintain the integrity of the financial reporting process and financial controls for the head office entities including development of written policies and procedures over the head office financial reporting process.
• Manage monthly closing process for the head office entities, including reconciliations and analysis of accounts, computation, and review of monthly journal entries.
• Oversee calculation, review and submission of VAT 201 returns, employees’ tax returns and statutory tax returns for head office entities.
• Coordinate and prepare head office companies for annual audit including preparation of the Annual Financial Statements for the head office entities.
• Preparation of quarterly forecasts and annual budget for head office entities.
• Review monthly head office BBBEE reporting and manage BBBEE verification audit.

Inherent Requirements    
Education & Experience Requirements

• CA or CIMA essential
• ACI dealing certificate beneficial
• 4 years post qualified experience
• Exposure to FMCG or retail industry, advantageous