Financial Director

**MAIN JOB FUNCTION**

Manage all resources within the Finance and Information Technology Departments ensuring short
- and long-term viability of the Company by meeting shareholder and Company objectives and targets. Supervision & coaching of the Finance and IT department which consists of 6 direct reports and 20 indirect reports

**(A) Chief Financial Officer**

Accountable for the administrative, financial and risk management operations of the Company, including the development and execution of the financial and operational strategy, and the ongoing development and monitoring of control systems designed to preserve Company assets and report accurate financial results. Principal areas of accountability are:
**Executive Management**
- Serve as a member of the executive team
- Participate in key decisions pertaining to strategic initiatives, operating model, and operating execution
- Meet the annual Metair objectives

**Financial Accounting and Controls**
- Oversee Financial Accounting Department to ensure proper maintenance of all accounting systems and functions
- Ensure maintenance of appropriate internal controls and financial procedures Final point of escalation for Accounts Payable and Accounts Receivable issues Ensure all month-end closing activities including control account reconciliation, integrities and reconciliations are in place
- Prepare Annual Financial Statements in accordance with Companies Act, Group Policies and IFRS
- Key point of contact for External and Internal Auditors manage preparation and support of all audits

**Treasury Management**
- Manage cash balances and weekly / monthly / annual cash forecasts
- Manage on-going banking relationships for maximum efficiency
- Develop cash flow forecasting and maintain long term cash forecasts
- Oversee the cash flow plans and ensure that availability of funds as needed
- In overseeing the financing strategies, arrange debt financing as required

**Management Accounting and Information**
- Oversee Management Accounting Department to ensure the integrity and accuracy of reporting
- Ensure timeliness, accuracy, and usefulness of the monthly management reporting
- Monitor financial performance by measuring and analysing results; initiating corrective action plans; minimizing the impact of variances
- Develop regular reporting and analysis, including key metrics reports, and conduct adhoc financial analysis as required
- Ensure the integrity and accuracy of the Company inventory system
- Ensure the financial management reporting processes are in place to support the ongoing and future needs of the business
- Maintain Company costing system
- Ensure accuracy of returns e.g., Form C1s

**Foreign Exchange Management**
- Manage the Companys foreign exchange exposure in accordance with group hedging policies

**Planning and Forecasting**
- Develop, coordinate, and monitor budgets
- Develop on-going financial business plans, models, and forecasts together with the adequate explanations for the business
- Lead the financial modelling and analysis to support the development of long-term strategic initiatives and business plans

**Costing**
- Develop IRR and NPV models and provide the financial analysis to assist with feasibility studies
- Oversee the quotation / pricing submissions to OE customers
- Ensure timeous and accurate EU declarations

**Risk Management and Insurance**
- Co-ordinate the activities of the Risk Committee
- Develop and maintain the Risk Register and submit quarterly risk reports to Metair
- Monitor and report emerging and single point of failure risks
- Oversee the annual insurance renewal process and ensure appropriate coverage is always maintained
- Handle insurance claims

**Payroll**
- Oversee the payroll team, comprising of the payroll specialist, payroll officer and timekeeper
- Ensure compliance with payroll-related tax laws and regulations
- Obtain tax directives, as required by Metair

**Tax Compliance**
- Develop financial and tax strategies
- Ensure compliance with tax laws and regulations
- Manage the Companys tax return filings process

**Asset Management**
- Oversee the maintenance of fixed assets register
- Develop and maintain capital budget
- Track and report capital spend against budget

**Company Secretary and Legal Officer**
- Carry out the duties of a Company Secretary
- Ensure legal and regulatory compliance regarding all financial functions
- Ensure appropriate legal review of contracts and solicit external legal advice as required
- Monitor all open legal issues involving the Company

**Chief Information Officer**
- This role is to provide vision and leadership for developing information technology initiatives.
- To direct planning and implementation of enterprise IT systems in support of business operations to improve cost effectiveness, service quality, and business development.
- Principle areas of accountability are:
**IT Operational Management**
- Oversee the IT Department to ensure the continuous delive