Job Description
About the Role
The Financial Controller will be responsible for consolidating and reporting financial information, providing support on financial strategic plans, and ensuring compliance with internal controls and regulatory requirements.
Key Responsibilities
- Provide support on the Financial Strategic Plans
- 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
- Manage and maintain the accounting and business intelligence systems
- Administer the company’s Management Information System
- Design, document and implement Internal Controls
- Maintain and Review the Risk Register
- Comply with Internal Controls
- Prepare the consolidated Budget process and timing plan
- Review Operational budgets
- Co-ordinate and consolidate all budgets
- Prepare the consolidated forecast process and timing plan
- Co-ordinate and consolidate all forecasts
- Review all forecasts
- Prepare and circulate the Monthly BU Financial Pack
- Prepare financial reports and returns (Monthly BU/Plant Financial Pack)
- Review the BU Flash Results and action variances
- Consolidate & maintain the BU/Plant Capex Reports
- Review CAPEX spend
- Support useful life and residual value of Fixed Assets analysis
- Consolidate & maintain the BU/Plant Tooling Reports
- Review Weekly Sales Reports
- Comply with IFRS
- Review Balance Sheet Account reconciliations
- Review and authorise Journal entries
- 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
- Release weekly bank transfers (creditors and wages)
- Review and authorise Creditors payments
- 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
- 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
- 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
- Manage Forex risk
- Review Forex Forecasts
- 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
- Review and submit Insurance Declarations
- File claims for losses
- Identify improvement opportunities and make recommendations for improvements
- Ensure an enabling climate/culture
- Participate in the implementation and utilisation of equity related processes
- Compile and update Performance Contracts and Individual Development Plans and facilitate individual career path planning
- Conduct Performance Reviews and manage sub-standard performance
Requirements
- Matric / Grade 12
- National Diploma or Bachelor of Commerce in Financial Accounting or related qualification
- 5+ years experience in a similar role
- Bachelor of Commerce (Accounting), CA(SA) or CIMA – Highly advantageous
Qualifications
- Formal education/certifications. If NONE mentioned, SKIP this entire section
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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