Finance Manager

Description: 

Finance Manager

Job Purpose:         

To manage the Financial and Controlling functions according to sound financial systems, practices and processes that are compliant with relevant legislation, meet principles of international best practice and that will allow the organization to achieve its strategic financial objectives.

 

Reporting Manager:

Managing Director

 

Qualifications:

  • CA (SA) qualified / or equivalent (i.e. CIMA / Professional Accountant (SAIPA)).

 

Experience:

  • At least 5 years’ broad-based financial management experience in manufacturing industry.
  • At least 3 years in a management capacity.

 

Job Tasks

 

Financial Management and control

  •  
  • Overall responsibility for cash management.
  • Verify supplier and customer claims.
  • Ensure compliance of all policies, procedures and systems with legislative, shareholder and statutory requirements and advise accordingly (incl. advise on corporate governance).
  • Monitor adherence to financial systems and processes.
  • Plan, direct and manage the activities of the department to ensure efficient discharge of accounting obligations in line with GAAP, IFRS and legislation.
  • Collection and monitoring of departmental key metrics and ensuring that these reconcile to system of record.
  • Review of variances to standard and reporting of these variances to management.
  • Fixed cost monitoring and control.
  • Engage cost centre owners and regarding fixed cost control and reviews.

 

Financial planning and reporting

  • Monitor and review departmental budgets against the business plans.
  • Compile monthly, quarterly and annual accounts and audited annual financial statements.
  • Review alignment of contractual payment conditions with budgets and forecasts.
  • Provide accurate financial (including budget and variance) reports and schedules as required.
  • Assist with refining and enhancing financial reporting for the organisation.

 

Financial Advice and direction

  •  
  • Provide financial inputs into the preparation of Business Plans.
  • Provide advice on tax-related issues.
  • Provide key financial inputs into project decisions.

 

Financial systems management

  •  
  • Establish and maintain mechanisms for budgeting, financial controls, accounting, costing, reporting, treasury and funding.
  • Establish and maintain a management information system.

 

IT and Procurement

  • Management of staff.
  • Oversee Service Level Agreements and Contract Management reviews.
  • Performance management and disciplinary report.