Financial Controller

**Annexure “A”**

**Job Profile**

Job Tittle Financial Controller

Job Group Finance

Reports to Finance Manager - FM (or to Executive

Director and CEO in the absence of Fm)

**Reason for the position**

This is a new role / position driven by the need to have a Financial Controller specialist who will manage the full finances of the Company.

**Key Purpose**

The incumbent will be responsible for the management of subordinates, financial accounting function, cost and management accounting function, budgeting, cash flow management, reporting and management accounts (reports) up to year-end financial statements and internal controls including system designs, implementations and advisory risk management and statutory compliance in the accounting or finance department in accordance with the Company’s Standard

Policy and Procedures.

The incumbent will be responsible for overall control of the Company’s financial pillars:
1. Financial Accounting.

2. Cost Management.

3. Cash Flows and Treasury Management.

4. Budgeting.

5. Financial Analysis and Capital Planning.

6. Reporting (Monthly Management Accounts and AFS - Annual Financial Statements)

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7. Risk Management and Internal Controls.

8. Statutory Compliance (Including Taxes).

9. Business Support in areas such as tenders, customer audits and related items.

10. Payroll Support Function.

11. People Management.

12. Ensuring there is Continuous Improvement.

13. General.

**Sub-Ordinates**

The incumbent will be responsible for the management of the below subordinates:
1. Accountants.

2. Business Analyst.

3. Accounts Supervisor.

4. Accounts Clerks (Debtors and Billing Clerks, Creditors Clerks and Cash Book Clerks)

**Job Description and Key Objectives**

**1 Financial Accounting**

**1.1 Accounts Receivables**

1.1.1 Ensure accurate and timely management of Accounts Receivables (AR) via the

Management of accounting team which includes, Accountants, Accounts Supervisor and
Accounting Clerks to ensure that sub-ordinates duties and functions are performed satisfactory by Sub-ordinates.

1.2 **Account Payables**

1.2.1 Ensure accurate and timely management of Accounts Payables (AP) via the
Management of accounting team which includes, Accountants, Accounts Supervisor and
Accounting Clerks to ensure that sub-ordinates duties and functions are performed satisfactory by Sub-ordinates.

**1.3 Cash Book**

1.3.1 Ensure accurate and timely management of Cashbook (CB) via the Management of accounting team which includes, Accountants, Accounts Supervisor and Accounting
Clerk to ensure that sub-ordinates duties and functions are performed satisfactory by
Sub-ordinates.

**2 Cost and Management Accounting**

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Ensure proper and excellent cost and management accounting in the business.

2.1 Manage and ensure the integrity of all costs, pricing and profitability outputs.

2.2 Building different costing models for Business Units.

2.3 Analyse business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses and to provide advice on costs management

2.4 Engage in ongoing cost reduction analysis in all aspects of the company

2.5 Preparation, analysis and presentation of monthly profitability reports.

2.6 Preparation of monthly costing and price escalations

2.7 Develop and review cost benchmarks to establish areas of operational improvement

2.8 Accurate and timeous preparation of costing and pricing for customer quotes, BID proposals and tenders

2.9 Make recommendations and implement findings to improve efficiency in cost accounting functions

2.10 Prepare and analyze GP% per project or item code (and applicable segments such as per truck / vehicle, per route, per product, per customer and contract) to ascertain business performance and profitability

2.11 Report on breakeven points by truck, cost center, and routes (contracts) on a monthly basis.

2.12 Analyse capital budgeting requests monthly and as and when required.

2.13 Manage the KPI’s and cost elements and statistics of the KPI system in the business.

2.14 Keep all the executive and operational statistics and KPI measurements current, and be an integral part of the KPI management process.

**3 Cash Flows and Treasury Management**

3.1 Development and management of systems for the effective collection of revenues and payment of obligations.

3.2 Forecasts, monitor and tracks cash flow (weekly, monthly, quarterly etc.)

3.3 Reviews and drives improvements in cash management, ensuring financial obligations are met in accordance with Company policies and procedures.

3.4 Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner while in compliance with company policy.

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3.5 Improvement of cash reserve by ensuring that the company builds and sustain cash reserve for future projects or growth / expansion.

**4 Budgeting**