Financial Controller
1 week ago
This role is responsible for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles and standards. The Financial Controller supervises and drives the management accounting processes. This role is responsible for continuous improvement of relevant processes and procedures by means of IT systems, innovation, and automation.
Key Responsibilities required for this role:
Financial Reporting
- Prepare and review month end reconciliations
- Prepare monthly management reports
- Compile the annual and monthly budget figures
- Ensure that all month-end deadlines are met
Budgeting
- Oversee, review, and adhere to the budgets for each business stream
- Review and analyse budget on a monthly basis, actuals vs budget
- Drive company-wide budgetary planning in close cooperation with Heads of business units
Internal & External Auditing
- Contract auditing services to ensure financial monitoring is up to date
- Ensure all audit findings are addressed and resolved
- Implement required controls to prevent adverse audit findings
Financial Management
- Ensure that all the company's financial practices are in line in statutory regulations and legislation
- VAT calculations, submissions, and tax authority audits
- Intercompany transactions and balances
- Fixed Assets, CAPEX (budget and reporting),
- Daily bank processing
- Petty cash
- All payroll journals and reporting
- Treasury: daily and monthly cash and debt reporting
- Account allocation and corrections
- Payment and journal authorisations.
- Continuously improving accounting processes
- Update and implement financial policies and procedures
- Maintain a policy manual for the finance department
- IT Systems optimization and process improvements and innovation
Relationship management
- Supervise financial assistants and other employees in the facilitation of day-to-day operations, including tracking financial data, invoicing, payroll, etc.
- Responsible for the management, training & development of the team
- Create and maintain relationships with service providers, e.g., banking institutions, auditors, SARS
Payroll & HR
- Supervising payroll process including time & attendance, leave
- Calculate bonuses and increases
- Bachelor’s degree in Accounting or Finance
- Post-graduate qualification in Accounting or Finance preferred
- Expertise in relevant accounting software
- Professional Qualification such as AGA, CA, or CIMA preferred
- 5-10 years’ experience in financial management including managing a finance department
- Experience in Financial Management including managing a finance department
- Good working knowledge of Tax laws
- A hands-on person manager, able to support colleagues and create a learning environment
- Demonstrated aptitude for continuous improvement and innovation of processes and procedures using IT systems and technology
- Preferred sector experience in Energy, Utilities, Engineering, Construction, or similar
**Education**:
- Bachelors (required)
**Experience**:
- Finance management: 5 years (required)
- Construction / Engineering / Energy: 2 years (required)
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