Executive Finance Director

2 weeks ago

Johannesburg, Gauteng, South Africa The Recruiters Full time

Title:

Executive Finance Director:

Salary:

  • R 22.5 million based on experience

Description:

  • A leading global transport and logistics company with offices in over 100 countries worldwide is recruiting for a Finance Director to join their Board. They also have offices at every major port and airport in South Africa offering endtoend logistics including air, sea and road transport; warehousing; and customs brokerage services in all major industries.
  • JOB PURPOSE SUMMARY:
  • The Financial Director will guide and manage the overall provision of finance support services, policies, and programs for the entire company. The Finance Director will have overall control and responsibility for all financial aspects of company strategy and is expected to analyse figures and implement recommendations based on these findings with the most profitable outcomes.
  • Working alongside the business' MD, the Finance Director will not only be an exceptional accountant, hands on with company finances but be commercially aware, advising on the best path of growth for the business.
  • The Finance Director would have excellent communication skills with all levels of staff, often having to work with various divisions to help them plan and manage their own budgets. The Financial Director will also oversee the company\'s Finance Office staff and work closely with the Executives and senior management. The Finance Director will also be responsible for supporting development and the implementation of the BBBEE plan.
Manage external stakeholder requirements and expectations including that of the shareholder and audit committee
Category:

  • Finance

General Requirements:

  • MINIMUM QUALIFICATIONS AND EXPERIENCE REQUIRED:
  • Minimum 8 years as a qualified CA (SA).
  • Minimum 3 years as CFO or FD of an organisation.
  • Sound people management and team leadership.
  • Must know and be familiar with the relevant legislation/s.
  • Experience in Credit supervision/management is an advantage.
  • Knowledge of Payroll and Benefits Management.
  • Knowledge of BBBEE codes.

KEY RESPONSIBILITIES

  • Strategic Planning and Objective Setting
  • Collaborate with the Executive Committee to optimise profitability in conjunction with short term and long term business strategies, goals and objectives
  • Provide leadership to management, offering advice, guidance, and direction on business matters, including operational policies and procedures, new business initiatives, and management of existing relationships.
  • Keep the MD informed about business activities, potential threats, opportunities and major recommended actions and ensure the timely and accurate provision of reports, including the identification of problem areas with corrective action plans to both the MD and the Board members.
  • Ensuring that proper control systems, risk assessments and risk management established and maintained, and regular reports provided to the MD.
Management of the Finance and Credit Operations- Oversee the management of all fiscal activities, including revenue/expenditure, balance sheet reports.

  • Oversee the production of monthly, quarterly and annual reports including reconciliations, financial cash flow projections etc. for the use at EXCO, and Board Level.
  • Build a proactive environment to ensure that management takes responsibility for results, by ensuring appropriate feedback mechanisms and identification of problem areas.
  • Oversee and control year end results and annual reports.
  • Manage debtors.
Manage the Financial Risk- Responsible for the financial risk management infrastructure.

  • Participating in ranking risks and developing mitigating plans to manage identified financial risks.
  • Ensure control systems, risk assessments and risk management in the finance and credit departments.
  • Ensure compliance with relevant tax and company law, and accounting standards.
Meet Financial Objectives Set for the Finance Division- Develop and manage national budget for the finance division.

  • Coordinate preparation of divisional cost centre reports with explanation of variances and corrective action taken where required.
  • Partner with MD to approve divisional expenditure according to authority levels.
  • Coordinate the preparation of presentations and reports on divisional budgets at relevant meetings.
Manage BBBEE Scorecard

  • Ensure BBBEE audit and verification process are conducted on an annual basis.
  • Support development and implementation of transformation action plans.
  • Coordinate the company BBBEE process.
  • Track and monitor identified measures to improve BPL BBBEE scorecard.


Manage Payroll and Benefits Office- Manage the payroll team to ensure that Payroll is administered in compliance with company policies and procedures, and relevant legislation.


Manage Credit Office- Manage the credit team to ensure all credit management processes are conducted in compliance with company policies and procedures, and relevant legislation.

Manage the Finance/Payr

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