Balanced Scorecard Pillars, Roles and Responsibilities:

SHEQ:

SHE:

• Manage health, safety, environment and security within the internal environment
• Comply with Legal requirements within area of responsibility

 Quality Management System:

• Manage Quality within Finance
• Manage all controlled stationery

Policies and Procedures:

• Develop and update Finance Policies, Procedures, Protocols, Work Instructions, Codes of Practice, etc.
• Comply with the Company Policies and Procedures

FINANCE:

Financial Management:

• Provide extensive input into the budget process working closely with plant operational and financial resources to develop and prepare the BU budget presentation pack
• Monitor performance against budget (expense controls, variances, etc.) and implement corrective action where necessary
• Initiate requests for CAPEX/Disposal/Transfers
• Manage the Internal and external Audit processes
• Adhere to Financial Policies and Procedures
• Protect company assets (working capital & fixed assets)
• Detect and prevent fraud
• Promote good Corporate Governance

CUSTOMER:

Customer Relations:

• Manage relationships with key customers

 Supplier Relations:

• Manage relationships with key suppliers (Banks, Financial Institutions)

PROCESS:

Commercial Strategy:

• Participate in the formulation and implementation of the organisational commercial strategy

Commercial:

• Participate in negotiations with customers in order to achieve agreed strategy  
• Manage key customer and supplier relationships

 Financial Strategy:

• Participate in organisational strategy management

 General Financial Management:

• Provide Financial analysis and support to management and all operational areas of the business

 Internal Control:

• Compile and update the Risk Register
• Manage and comply with Internal Controls

 Budgets/Forecasts:

Budgets:

• Review Operational budgets and prepare the BU budget presentation pack
• Present the budget divisional and KAP executive

Forecasts:

• Review all forecasts

 Financial Reporting:

Financial Pack:

• Review the Monthly Business Unit Financial Pack and identify variances
• Prepare financial reports and returns (Monthly BU/Plant Financial Pack)

Flash Results:

• Review the Divisional Flash Results and action variances
• Compile the BU/ Plant Flash Results and analyse variances

CAPEX:

• Analyse the Divisional Capex Reports and review the BU/Plant Capex Reports

Weekly Sales Report:

• Review Weekly Sales Reports and manage sales margins

General:

• Participate and provide relevant information for Board Meetings and Divisional Monthly or Bi-Monthly Meetings
• Attend all board meetings and prepare board pack with BU GM
• Present financial results to board and discuss variances and strategy
• Comply with IFRS

 General Ledger:

• Review Balance Sheet Account reconciliations monthly
• Review and authorise all Journal entries

 Audits and Year-End Processes:

• Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan
• Review year-end reporting Accounting and Tax Packs
• Draft financial statements (Income Statements and Balance Sheets) for Legal entities
• Follow up and action Audit findings
• Prepare and update Corp Tax schedules

 Banking:

• Manage Banking Systems (users, passwords, profiles, etc.)
• Approve all new creditors (local and foreign)
• Release all bank payments and transfers

 Cash Management :

• Monitor daily cash positions and cash flows to ensure settlement and maximise performance
• Manage cash flow and working capital

 Forex:

• Manage Forex risk
• Manage the purchase Foreign Exchange Contracts (FEC's)
• Review Forex Forecasts
• Authorise foreign payments

 Costing:

• Prepare and review detailed product costing analysis for all new parts
• Analyse all current parts and make recommendations for the financial recovery on distressed parts
• Calculate and propose potential price increases
• Lead all negotiations with customers regarding part pricing and requested increases
• Lead all negotiations with major raw material vendors regarding part pricing and requested increases
• Review DA 190 (Declaration of Imported Components and Raw Materials)
• Review royalty calculations
• Review government grant applications

 CAPEX:

• Review Project Appraisals and Valuations
• Review and manage CAPEX spend

 Fixed Assets:

• Reassess useful life and residual value of Fixed Assets

 Statutory Returns:

• Ensure compliance with the general tax provisions
• Review Statutory Returns (VAT, PAYE, SDL, UIF, WCA)
• Prepare Provisional/Income Tax returns
• Prepare and submit Government Incentive Applications

 Stock Control:

• Manage stock holdings

 Insurance:

• Prepare and submit annual Insurance Declaration
• File claims for losses

 Creditors:

• Review and authorise Creditors payments

 Debtors:

Credit Vetting:

• Calculate the repayment ability and assess the credit risk of potential clients

Debtors Management:

• Manage Credit Risk (insure Debtors Book, etc.)

Tooling:

• Review tooling account

 Continuous Improvement:

• Identify improvement opportunities and make recommendations for improvements

 Reporting:

• Analyse and interpret Finance Reports and statistical data
• Prepare financial reports and returns
• Generate information and reports for internal and external use

PEOPLE:

People Management:

• Ensure an enabling climate/culture
• Participate in the implementation and utilisation of equity related processes
• Compile and update Performance Contracts and Individual Development Plans and facilitate individual career path planning
• Conduct Performance Reviews and manage sub-standard performance
• Email : ****@*****.*** call (XXX)-XXX-XXXX to discuss