Finance Cost Controller - Johannesburg Verfied

R 33K per month Johannesburg, Gauteng Johannesburg, Gauteng more than 14 days ago 22-09-2020 9:05:19 AM
17-11-2020 9:05:19 AM
Finance Cost Controller - Manufacturing | Johannesburg - Gauteng
Salary: R30-35K Basic Per Month + Benefits

Please Submit: Updated MS Word CV; RFL ALL Employment History Incl Current; Current Salary P/M; Recent semi-professional head and shoulders photograph of yourself

Purpose of Position:
Complement Recruitment are recruiting for a Finance Cost Controller for a permanent position based in Johannesburg, Gauteng. The Cost Controller’s responsibility is to act as a business partner through providing professional business analysis and reporting services to the business, enabling cost effective financial planning and control; cashbook and reporting services. This role reports into the Financial Manager of Operations (FMO)

Knowledge & Experience Required
• Matric; Relevant 3 Year Qualification,
• 3 Years’ experience in a manufacturing environment, post-graduation
• Cost controlling environment & Advanced Excel
• Knowledge of computerised account systems (SAGE line 500 and SAP)
• Own transport required

Indicators for measuring the effectiveness of the job holder
• Level of KPI achievement; Competency assessment
• Feedback from leadership team; Personal Objectives
• Value add addition through improved automation within business processes
• Improved process efficiency

Main contacts for this job
• Financial Manager: Operations
• Sales and Marketing; Supply Chain (Industrial, Procurement, PLW)
• Finance Team

Roles, Skills & Attributes Required
• Strong analytical skills; Logical and systematic approach
• Strong Team Player
• Strong work ethics and ability to meet deadlines and work under pressure
• Be able to work on own and take initiative
• Good judgement skills
• Be able to work with people from various backgrounds and different levels
• Takes ownership for duties and delivering KPI’s
• Influencing - / negotiation skills
• Sense of urgency & Ability to clearly articulate business improvement concepts

Outputs & Accountabilities
• Month end reporting, Prepare, review and analyse monthly results for operations and cost centre owners
• Support the FMO in facilitating & performing month end procedures & reporting of the business unit’s results.
• Prepare various reports and submit to Regional and local decision makers
• Complete relevant reporting to external parties
• Internal control:
• The incumbent will be involved in the control of asset, inventory and general ledger accounts
• Review and recommend improvements to current financial reporting processes and control environment as required by the business units
• Maintaining and improve internal controls regarding business processes as required by FMO
• Ensure sufficient controls regarding changes to master data
• Documentation of Standard Operating Procedures
• The incumbent will also be involved in the updating and recommending of financial policies/best practice
• Business Analysis - Insightful analysis of business performance, enabling effective decision making
• Ad hoc reviews and analysis of cost information
• Continuously contribute to improve the operational interaction between all functions in the business
• Formulate and communicate areas for improvements to stakeholders
• Change facilitator; Inventory control
• Co-ordinate and review inventory counts information and interpret results
• Validate sign off and escalate and material inventory losses
• Ensure sound control environment related to Inventory
• Fixed Assets - Perform the Asset Management function of the Company
• General ledger and Sub-Ledger reconciliations and clearance
• Annual Budget Process:
• Support the FMO and FMC in the annual budget process and processing budget inputs across all functions
• Support the various stakeholders in preparation and presentation of their budget information
• Identify opportunities to improve financial performance throughout the budget process
• Cashbook - Perform the Cash Management function of the Company

Major results and/or performance levels expected out of the job
• Act as a business partner through providing professional business analysis and reporting services to all business stakeholders.
• Enabling cost effective financial planning and control providing the Company with
• Financial Control and advisory services by:
• Pro-active identification of problem areas
• Advice on financial control and processes
• Financial studies, e.g. Feasibility Studies
• Accurate budget representation on the ERP and analysis
• Prepare financial performance results for works managers as per the agreed deadline
• Conduct month-end costing and variance analysis for the Business Unit
• All GL accounts, including inventory accounts for the region are reconciled & cleared off on a monthly basis
• Identify advice/consultation opportunities during the execution of outputs, e.g.;
• Scheduled and Ad-hoc report completeness, accuracy and timeliness
• Perform the Cash Management function of the Company by:
• Downloading bank statements and emailing to internal sales on a daily basis
• Importing of bank statements in to Sage
• Request for transfer of funds into different accounts
• Bank reconcile of bank accounts
• Resolving queries on bank reconciliation
• Liaising with bank re queries
• Liaising with other departments within Finance to clear reconciling items
• Liaising with plants and depots re cash deposits, allocation and queries
• Report daily cash balances to Financial Director
• Perform the Asset Management function of the Company by:
• Fixed Assets Processing, Capex and Extraordinary Maintenance tracking
• Monthly preparation of the Fixed Asset Reconciliation
• Maintenance of the Fixed Asset Register
• Clearing of the Extraordinary Maintenance in Z to the sites on a monthly basis

As per our Clients request, EE Applicants will be first option for this role, taking into account skills & experience.