Financial Controller

Area: Boksburg

Package: Basic Salary R38000 plus benefits.

Purpose of position: Assists business entity in their management by analysing performance and assisting in steering the business.

Competencies required
Planning and organizational skills
Analytical and problem solving skills
Self-Starter
Innate problem-solver
Good Communication skills
Intellectual curiosity
Capacity to work without supervision and under pressure
Ability to work well in teams as well as on your own
Attention to detail
Highly developed sense of discretion and confidentiality

Prerequisites
Educational level or equivalent:
Matric (Gr.12) Non-Negotiable
Completed Bachelor’s Degree (Management accounting / Financial Planning and Analysis / Accounting / Financial Management)
Completed post-grad degree (advantageous)
Excel (Advanced) MUST have excellent Excel skills being able to handle heavy data sheets (pivots, H lookup etc)
Power point
Presentation Skills

NON-NEGOTIABLE REQUIREMENTS
- Credit and Criminal clear checks
- Validation of Highest Level of Education
- Two Valid References

Responsibilities:

• To provide financial management through effective processing, monitoring, budgeting / forecasting, financial analysis and reporting.
• Liaise closely with stakeholders via the weekly meetings to ensure their requirements are understood and met
• Distribute the approved budget / forecast into branches & the branch profitability
• Perform balance sheet audit
• Monitor and assist with the clearing and the reconciliation of all suspense accounts
• Proper financial control, culture of discipline, ensuring business is up to date with what they spend – controls, headcount
• Prepare monthly financial packs, analysing and reporting on income statements
• Assist in the formulation of budgets, forecasts and three year plans and monitoring and controlling thereof
• Ensure validity of payments, ensure appropriate approval, accurate and timeous capturing
• Process all authorised payments, expense claims, journals, late entries, capex requests, staff claims to other clusters, track payment and create provisions
• Monitor and ensure fixed asset verification, headcount verification, debtors and creditors recons
• Draws conclusions and makes recommendations based on qualitative or quantitative data
• Strategic involvement & ad hoc support to business units
• Assist branches to improve profitability to increase the revenue through value adding recommendations and / or advice
• Analyse and make recommendations around issues that are important with regard to financial reporting – communicate and educate stakeholders
• Explain variance between predictor, flash and month end results prior to the closing of the GL to the centre
• Direct and enable business decisions through effective financial analysis, reporting and making recommendations
• Liaise closely with stakeholders to ensure their requirements are understood and met
• Prepare monthly financial packs, analysing, interpreting and reporting on income statements and balance sheet items, as well as DI’s, statutory returns, cash flow analysis and transfer pricing
• Prepare rolling forecasts, three year plans and annual budgets
• Create investment models and update monthly based on interest rate changes
• Analyze and make recommendations around issues that are important with regard to financial reporting and communicate and educate stakeholders
• Provide training and guidance to the business
• Motivate people and co-ordinate people, tasks and resources to achieve stakeholders objectives