Financial Controller

2 weeks ago


Newcastle, KwaZulu-Natal, South Africa Ignition Cx Full time

Primary Purpose: This position is responsible for coordinating and administrating financial operations within the assigned business unit / area.

The Financial Controller reviews, analyses and interprets financial reports.

Key Roles and Responsibilities
  1. Financial Operations Leadership: Direct all aspects of accounting operations. Drive and lead the preparation of annual financial forecasts. Support the development of financial account policies and procedures.
  2. Coordination and Administration: Coordinate and administrate financial operations. Ensure quality control over financial transactions and financial reporting. Ensure the documentation of business processes and accounting policies for internal controls.
  3. Budget and Cost Controls: Direct budget and cost controls, financial analysis, and accounting practices. Monitor budgets, control expenditure, authorize expenditure, collection of invoices, and forecast.
  4. Financial Statements and Reporting: Review, analyze, and interpret financial and budgetary reports. Drive the preparation and publishing of timely financial statements.
  5. Insurance Management: Ensure the company is insured for the right value. Manage and oversee any insurance claims that need to be made.
  6. Financial Analysis and System Improvement: Analyze and interpret financial data. Recommend changes to improve systems and financial performance.
  7. Payment Management and Close-off Processes: Ensure monthly payments are made timeously. Drive the month-end close-off process in order.
  8. Fixed Assets and Depreciation: Ensure fixed assets are tracked and loaded onto the financial system correctly. Calculate and ensure that assets are depreciated as required on the financial system.
  9. Tax Implications: Prepare current and deferred tax implications.
  10. Expense Allocations and Approval: Review expense allocations completed by bookkeepers to ensure expenses are allocated correctly. Review payment requisitions and supporting documentation for approval of payments.
Education, Experience, Attributes

Knowledge, Skills and Attributes: Ability to establish and maintain good working relationships with stakeholders. A high degree of accuracy and attention to detail. Excellent planning and organisation skills. Knowledge of accounting processes and procedures. Outstanding problem analysis and solving skills. Ability to work under pressure. Ability to meet deadlines. Ability to prioritise workload in a fast-paced environment. Excellent verbal and written communication skills. Proven time management skills. Ability to multitask and work independently. Displays exceptional mathematical skills. Exhibits strong deductive reasoning skills. Ability to produce a high quality of work. Demonstrate high ethics and adherence to company values. Ability to prioritise and manage expectations. Thorough knowledge of accounting principles and procedures. Ability to analyse and interpret financial data.

Education and Training: Degree in Finance.

Experience: At least 3 - 4 years' experience as a Financial Controller. Demonstrated experience operating spreadsheets. Minimum 3 years' experience working with the MS Office Suite, including MS Excel and MS Word. Experience participating in the creation of financial statements.

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