Group Finance Manager

4 weeks ago

East London, South Africa Abantu Staffing Solutions Full time

Purposes Role will be based in East London and is responsible for the management of plants in Durban and Pretoria. In close collaboration with EU Finance Director and will be responsible for overseeing the finance and accounting functions of the business. Accountable for financial planning, forecasting, budgeting, financial reporting, and analysis to provide the strategic insights necessary to guide the business decision-making process and contribute to profitability and growth Education and Experience Grade 12/ Matric BCom in Accounting with CA (SA) Minimum 5 years in charge of a finance department of a manufacturing company with a national/global footprint. Highly Motivated Individual with a positive attitude and flexible approach to work. An understanding of regulatory and financial reporting regime and IFRS Proven track record of clean financial management and administration Financial Modelling Knowledge Excellent interpersonal skills with the ability/desire to work in a team Strong leadership skills: ability to effectively influence all levels of management +strong analytical and conceptual abilities Well-refined technical finance and strategic skills Corporate Finance experience advantageous Assist the organization with administrative, filling and other smaller support functions. Main Areas of Responsibilities General Responsible for the timeliness and quality of the reporting Ensures proper analysis is provided in order to support the management team. Following corporate and divisional procedures and controls Following local accounting principles, rules and tax regulation (including BBBEE) Banking relationship Interaction with all departments in the company both locally and internationally Ad hoc requests as and when received. Policies and Procedure review AIS Grants Position Specifications STD costing Reporting: Capex DB, Rolling Forecast, Tooling reporting, Overdue reporting OS: Intercompany, Sales and Contribution Balance sheet reconciliation, Journal entries SOX reports and certificates Fixed assets (including supporting preparation of Screenings and Capex) Project management and tracking – CEA.07 CM walk – CAP7 Internal controls including BS reconciliations. Sales prices control Payroll review Support the development of Forecasts, Budget and MTP plan. Month-end closing – manual journal preparation, accounting control Support other departments - Ensures proper analysis is provided to support the management team. Responsible for management of local finance department Hedging, currency management, cash forecasting Daily and Monthly Tasks Cashflow review and management Journal entry review Balance Sheet Recon reviews Payment release on the bank (local/foreign/payroll) Month end GL and account review Month end meeting analysis, commentary and reporting Short term forecast review Purchase order authorization Internal control/ General Control Framework/ Risk Management Payroll review BBBEE involvement VAT reviewCapex involvement Costing/Pricing changes reviewed Quarterly Tasks Financial review Questionnaire and other HO quarterly requirements Annual Tasks Tax – Year end calculations, Transfer Pricing, Country-by-Country reporting AFS review Budget coordination, finalization and presentation Insurance #J-18808-Ljbffr

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