Job Description
About the Role
We are seeking a highly skilled and experienced Financial Controller (Plant) to join our team in Durban. As a key member of our leadership team, you will be responsible for providing financial analysis and support to management and all operational areas of the business, ensuring compliance with IFRS and maintaining accurate financial records.
Key Responsibilities
- Provide financial analysis and support to management and all operational areas of the business
- Monitor and support debtors and creditors
- Maintain the fixed asset register
- Control intercompany balancing
- Review weekly payroll
- Review and action financial variances (Budget / Forecast)
- Review and action Balance Sheet Account variances
- Ensure compliance with IFRS
- Maintain the plant CAPEX & Tooling Reports
- Generate information and reports for internal and external use
- Comply with Internal Controls
- Maintain and Review the Risk Register
- Participate in the budget/forecast process
- Prepare budgets and forecasts for plants
- Prepare plant P/L and balance sheet forecasts
- Prepare financial reports and returns (Monthly BU/Plant Financial Pack)
- Compile the BU/ Plant Flash Results and analyse variances
- Compile and review Weekly Sales Reports
- Prepare Provisions and Accruals
- Compile Royalties schedule for month end processing
- Prepare general ledger journals
- Compile general ledger reconciliations
- Prepare & maintain a CAPEX and Tooling register tracking actual spend against approved spend, planning future profitability & cash flows of the projects.
- Prepare CAPEX requisitions with all relevant information regarding the CAPEX project.
- Support useful life and residual value of Fixed Assets analysis
- Maintain the BU/Plant Tooling Reports
- Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan
- Prepare and arrange royalty audits
- 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
- Compile daily stock holding report
- Oversee Stock Takes
- Assist with investigating stock count variances
- Overall responsibility for stock
- Oversee cash management function of the plant
- Monitor daily cash positions and cash flows to ensure settlement and maximise performance
- Manage cash flow and working capital for the plant
- Review Forex Forecasts
- Plant FEC contracts based on AP requirements
- Identify improvement opportunities and make recommendations for improvements
- Participate in Continuous Improvement initiatives
Requirements
- National Diploma or Bachelor of Commerce in Financial Accounting or related qualification
- Bachelor of Commerce (Accounting), CA(SA) or CIMA advantage
- Minimum 5 years experience in a similar role.
Qualifications
- National Diploma or Bachelor of Commerce in Financial Accounting or related qualification
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Automotive Service Jobs in Kwazulu-Natal
The automotive service industry in Kwazulu-Natal is part of the broader manufacturing sector, which generally experiences fluctuating demand due to economic cycles and global trends. As a result, job opportunities in this field may vary in terms of availability and stability. However, it’s common for automotive service positions to remain in demand, particularly during periods of economic growth.
Typically, salaries for automotive service roles in Kwazulu-Natal fall within broad ranges. Generally, entry-level positions tend to offer lower salaries, while more experienced technicians or managers can expect higher remuneration. However, please note that actual salary figures vary widely depending on factors such as the size and type of company, industry sector, level of experience, and specific job requirements. For example, a skilled technician with 5-10 years of experience in a large manufacturing firm may earn significantly more than an entry-level apprentice.
Common skills required for automotive service roles include mechanical aptitude, problem-solving abilities, communication skills, attention to detail, and the ability to work under pressure. Additionally, proficiency in computer-aided diagnostics and repair systems is often advantageous. Other relevant skills might include electrical and electronics knowledge, hydraulic system understanding, and experience with vehicle inspection and testing procedures.
The automotive service industry is commonly associated with various sectors, including manufacturing, transportation, and logistics. Financial services firms may also employ technicians to work on their company vehicles or provide maintenance support for their clients. Furthermore, technology companies may need automotive specialists to maintain their fleets of test vehicles or equipment.
Career development opportunities in the automotive service sector are generally good, particularly for those who progress through the ranks or acquire specialized skills. Typically, individuals with 5-10 years of experience can expect promotions to senior technician or supervisor roles, while more experienced managers may be considered for departmental management positions or even start their own businesses. Additionally, many companies offer training and development programs to help employees enhance their skills and advance in their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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