Financial Manager Equity - Port Elizabeth
Knowledge of Generally Accepted Accounting Practice (GAAP) and International Accounting Standards (IAS)
Knowledge of relevant financial legislation (e.g. Public Finance, taxation)
CA (SA) qualified
Minimum of 8 years broad-based financial management experience in relevant industry
Minimum of 3 years in a senior management capacity
Must have experience in a manufacturing environment
Experience on SAP compulsory
Financial Management and control
Overall responsibility for cash management, including ensuring appropriate reconciliations of cashbooks, supplier and customer accounts.
Verify supplier and customer claims and reconcile supplier statements to effect payment.
Ensure all taxation matters are in order.
Ensure compliance of all policies, procedures and systems with legislative, shareholder and statutory requirements (including PFMA, Treasury regulations) 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.
Management of staff, resolution of issues.
Oversee Service Level Agreements and Contract Management reviews.
Performance management and disciplinary report.
Ensure compliance to all affected legal and internal regulations and requirements.
Ensure that all safety, health and environmental precautions and procedures are upheld at all times.