Financial Controller

Financial Strategy :

• Provide support on the Financial Strategic Plans

General Financial Management & Reporting :

• Provide financial analysis and support to management and all operational areas of the business
• Review and action Financial variances (Budget / Forecast)
• Review the BU / Plant Flash Results and analyse variances
• Review and action Balance Sheet Account variances
• Prepare financial reports and returns
• Generate information and reports for internal and external use

Financial Management Systems :

• Manage and maintain the accounting and business intelligence systems
• Administer the Management Information System

Internal Control :

• Design, document and implement Internal Controls
• Maintain and Review the Risk Register
• Comply with Internal Controls

Budgets / Forecasts :

Budgets :

• Prepare the consolidated Budget process and timing plan
• Review Operational budgets
• Co-ordinate and consolidate all budgets

Forecasts :

• Prepare the consolidated forecast process and timing plan
• Co-ordinate and consolidate all forecasts
• Review all forecasts

Financial Reporting :

Financial Pack :

• Prepare and circulate the Monthly BU Financial Pack
• Prepare financial reports and returns (Monthly BU / Plant Financial Pack)
• Flash Results :
• Review the BU Flash Results and action variances
• Review the BU / Plant Flash Results and analyse variances

CAPEX & Fixed assets :

• Consolidate & maintain the BU / Plant Capex Reports
• Review CAPEX spend
• Support useful life and residual value of Fixed Assets analysis

Costing :

• Calculate landed cost on all import shipments
• Prepare / Review DA 190 (Declaration of Imported Components and Raw Materials)
• Investigate Purchase Price Variances (PPV)
• Generate variance report of Actuals to budgeted information

Tooling :

• Consolidate & maintain the BU / Plant Tooling Reports

Weekly Sales Report :

• Review weekly sales reports

General :

• Comply with IFRS

General Ledger :

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

Audits and Year-End Processes :

• Prepare the consolidated Audit plan
• Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan
• Prepare reporting Accounting, Audit and Tax Packs
• Facilitate completion of financial statements for Legal entities
• Conduct a final Review and submit to Holding Company

Banking :

• Release weekly bank transfers (creditors and wages)
• Review and authorise Creditors payments

Cash Management :

• Oversee cash management function of the BU.
• Monitor daily cash positions and cash flows to ensure settlement and maximise performance
• Manage cash flow and working capital

Debtors Management :

• Oversee debtors function of the BU.
• Facilitate and input into debtors management process
• Review debtors age analysis, providing an analysis and action plans for debt collections

Creditors :

• Oversee creditors function of the BU.
• Facilitate and input into creditors management process
• Review creditors age analysis and GRNI providing an analysis and action plans

Forex :

• Manage Forex risk
• Review Forex Forecasts

Statutory Returns :

• Ensure compliance with the general tax provisions
• Review Statutory Returns (VAT, PAYE, SDL, UIF, WCA) and ensure that they are submitted timeously
• Support process of Provisional / Income Tax returns
• Prepare and submit Government Incentive Applications

Insurance :

• Review and submit Insurance Declarations
• File claims for losses

Continuous Improvement :

• Identify improvement opportunities and make recommendations for improvements