Executive Financial Manager

4 days ago

Somerset West, Western Cape, South Africa Staff Solutions Full time
Opportunity Available

Our leading client in the Manufacturing Sector is looking to employ an Executive Financial Manager to join their dynamic team in Somerset West.

Duties & Responsibilities

General:

  • Month end financial results and preparation of disclosure information including projects
  • Ensure accurate financial recording and execution of customer order related cost
  • Application of IFRS15 principles to all sales transactions before invoicing
  • Understanding of product and project costing as well as inventory valuation
  • Compilation of workings for budgets, forecasts and prognoses for company on specific costs based on sales as well as projects
  • Identification of risks which could have a financial implication for the company
  • Liaison and assistance in annual external audit process
  • Assist with business decisions to ensure economically viable and profitable transactions to provide company with profitable or strategic return including reporting on actual and expected contract margins
  • Procedural recommendation and operational requirements to ensure sufficient financial controls
  • Monthly reporting on all key financial information (stock, costing, costs, assets etc.)
  • Develop, implement and modify financial policies, practices and usage of ERP system
  • Provide assistance on the ERP System functionality and controls
  • Provide efficient customer service to internal and external users of financial information
  • Ad hoc requests for information from various role-players

Project Responsibilities:

  • Involvement in major company contracts from initial review meetings up to final execution of sales
  • Ensure accurate financial recording and execution of customer order related cost
  • Delegation of Authority for project cost, selling costs etc.
  • Compilation of workings for budgets, forecasts and prognoses for the company on project costing and contract costs and the tracking of actual performance against this. This includes gathering inputs for other departments such as Plant Engineering, Logistics and Project Management as well as measurement of quoted, contracted and actual results (project controlling)
  • Month end financial results and preparation of disclosure information on projects and other contract costs
  • Identification of risks which could have a financial implication for the company

Smaller Company Responsibilities:

  • Overall financial responsibility
  • Oversee recording of all transactions done by junior staff
  • Review reconciliations
  • Review internal and external reporting including AFS
  • Lead and assist with year-end and audit process
  • Review policies and procedures
  • Identification of risks which could have a financial implication for the company
  • General finance queries and assistance to Company and stakeholders on an ad hoc basis
Job Requirements
  • Honours or Postgraduate Degree in Accounting/Finance or equivalent.
  • CA (SA) accredited and articles at reputable audit firm.
  • Member of SAICA.
  • At least 7 years post article financial experience with 4 years in a manufacturing environment.
  • Fully computer literate (word, Excel, PowerPoint) and knowledge of ERP systems (preferably SAP S/4 Hana).
  • Working knowledge of IFRS accounting guidelines and evidence of technical competencies in recent IFRS standards.
  • Ability to apply skills across a broad spectrum of financial disciplines (costing, accounting, asset management, etc.).
  • Ability to work independently and under pressure as well as multi-tasking.
  • Sound knowledge of Financial and Controlling principles.
  • Sound communication skills as well as interpersonal, facilitation and conflict management skills.
  • Analytical, reasoning and problem-solving skills.
  • Good team management skills.
Package & Remuneration

Negotiable - Monthly

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