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Assistant Financial Controller

3 months ago

Gqeberha, South Africa RMG Recruitment Full time

An opportunity has arisen for an Assistant Finance Controller in the Finance department for an automotive concern in Gqeberha.

Key responsibilities in the job will be as follows:

  • Responsibility for monthly financial reporting process, including management of month end procedures & review of account reconciliations
  • Responsible for reviewing monthly accounts payable reconciliations of all local accounts
  • Key contact with Bank on all Banking relations issues and authorization of bank payments
  • Preparation of all foreign bank payments and book and maintain the monthly FEC (Foreign exchange contracts), resolve all reserve bank enquiries with the Bank for foreign payments
  • Review of all production process orders with production office in order to ensure all variances are cleared; and investigate any changes on monthly movements in Weighted average cost of material
  • Review financial controls are adhered to and accuracy of travel and re-imbursements;
  • Assist with the preparation of annual financial statements and assist with external audit process
  • Quarterly Tax entries on GAM system (US GAAP vs SA GAAP), ensure tax compliance, including completion and filing of provisional tax returns.
  • Facilitate vendor and customer onboarding processes with global data stewards
  • Compiling royalties report for intercompany and facilitating the audit process bi-annually.
  • Support and assist with the financial related BBBEE related matters during the verification process
  • Provide functional leadership and management to members of the finance team (x3 employees)
  • Coaching, training and development of team. Prepare PDA’s and implement annual training plan.
  • Customer reporting – declaration of preferential/ non preferential
  • Compiling quarterly value-added statement
  • Weekly, monthly and quarterly reporting on treasury transactions
  • Adherence, enforcement and reporting on SOX compliance
  • Reporting for Stats SA
  • Ensure adherence to internal controls & financial policies within the company

Skill, Knowledge and Experience Requirements

  • Experience in a commercial environment, preferably in a manufacturing company would be advantageous
  • Experienced with financial reporting and costing (International Accounting Standards, IFRS and limited knowledge of US GAAP) and manufacturing costing
  • High level computer literacy, particularly Excel and ERP systems (SAP experience an advantage)
  • Experience with company statutory and tax matters

Qualifications

  • Minimum CA or CIMA
  • Valid driver’s license and own vehicle