Durban: Plant Financial Controller posted by Sharon Nurock Recruitment cc

• B.Com or National Diploma in Financial Accounting essential.
• C.A. (S.A.) or CIMA, a strong advantage.
• Minimum 5 years’ experience in a similar role.
• Must have experience in a manufacturing Plant environment.

Key Performance Areas:
Report to the Plant Manager:

Financial Strategy: General Financial Management:

• Provide financial analysis and support to management.
• 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.

Budgets/Forecasts:

• Participate in the budget/forecast process.
• Prepare budgets and forecasts for plants.
• Prepare plant profit & loss and balance sheet forecasts.

Flash Results and Reporting:

• Compile the plant Flash results and analyse variances.
• Compile and review weekly Sales reports.
• Prepare financial reports and returns.
• Generate information and reports for internal and external use.

General Ledger:

• Prepare provisions and accruals.
• Compile Royalties schedule for month end processing.
• Prepare general ledger journals.
• Compile general ledger reconciliations.

Capex, Forex Tooling & Fixed Assets:

• 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.
• Review Forex forecasts.
• Plant FEC contracts based on AP requirements.

Audits and Year-End Processes:

• Prepare and plan year-end statutory audits.
• Prepare and arrange royalty audits.

Costing:

• Calculate landed cost on all import shipments.
• Prepare / review declaration of imported components and raw materials.
• Investigate purchase price variances.
• Generate variance report of actuals to budgeted information.

Cash Management:

• 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.