Financial Controller

**Overview**:
To compile and provide accurate and timeous financial information to Plant Management in order to make informed business decisions

**Minimum requirements**:

- BCom or National Diploma (Financial Accounting)
- Chartered Institute of Management Accountants (CIMA) (highly advantageous)
- Supervisory/staff management experience
- 3+ years in a similar role
- Costing / Production Costing experience (highly advantageous)

**Responsibilities**:
**Financial Management**:

- Provide financial analysis and support to management and all operational areas of the business
- Monitor and support debtors and creditors
- Maintenance of the fixed asset register
- Control intercompany balancing
- Review weekly payroll
- Review and action Financial variances (Budget / Forecast)
- Review and action Balance Sheet Account variances
- Ensure compliance with IFRS
- Maintain the plant CAPEX & Tooling Reports
- Generate information and reports for internal and external use

**Internal Controls**:

- Comply with Internal Controls
- Maintain and Review the Risk Register

**Budget/Forecasts**:

- Participate in the budget/forecast process
- Prepare budgets and forecasts for plants
- Prepare plant P/L and balance sheet forecasts

**Financial Reporting**:

- Financial Pack: Prepare financial reports and returns (Monthly BU/Plant Financial Pack)
- Flash Results: Compile the BU/ Plant Flash Results and analyse variances
- Weekly sales report: Compile and review Weekly Sales Reports
- General Ledger: Prepare Provisions and Accruals; Compile Royalties schedule for month

**CAPEX, Tooling and Fixed Assets**:

- Prepare & maintain a CAPEX and Tooling register tracking actual spend against approved spend, planning future profitability & cash flows of the projects.
- Prepare CAPEX requisitions with all relevant information regarding the CAPEX project.
- Support useful life and residual value of Fixed Assets analysis
- Maintain the BU/Plant Tooling Reports

**Audits and Year-end Processes**:

- Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan
- Prepare and arrange royalty audits

**Costing**:

- Calculate landed cost on all import shipments
- Prepare / Review DA 190 (Declaration of Imported Components and Raw Materials)
- Investigate Purchase Price Variances (PPV)
- Generate variance report of Actuals to budgeted information

**Stock Control**:

- Compile daily stock holding report
- Oversee Stock Takes
- Assist with investigating stock count variances
- Overall responsibility for stock

**Cash Management**:

- Oversee cash management function of the plant
- Monitor daily cash positions and cash flows to ensure settlement and maximise performance
- Manage cash flow and working capital for the plant
- Debtors / Creditors:
Review debtors age analysis, providing an analysis and action plans for debt collections
- Review creditors age analysis and GRNI providing an analysis and action plans

**Forex**:

- Review Forex Forecasts
- Plant FEC contracts based on AP requirements

**Continuous Improvement**:

- Identify improvement opportunities and make recommendations for improvements
- Participate in Continuous Improvement initiatives

**Reporting**:

- Prepare financial reports and returns
- Generate information and reports for internal and external use

**People Management**:

- Ensure an enabling climate/culture.
- Ensure a safe, secure and legal working environment.
- Manage individual, team and departmental performance to achieve organisational objectives.
- Determine the training needs of the Department.
- Coach and counsel people to ensure improved performance levels
- Ensure discipline is maintained in department (absenteeism, lateness, overtime, misconduct, etc.)
- Resolve grievances and disputes

**Health and Safety**:

- Identify potential hazards and critical safety issues in the workplace
- Address workplace hazards and risks
- Work safely and use safety equipment

**Competencies**:

- Able to work in a pressurised environment
- High attention to detail
- Working to deadlines