East London: Group Financial Manager

Purposes: · Role will be based in East London and is responsible for the management of plants in Durban and Pretoria. · In close collaboration with EU Finance Director and will be responsible for overseeing the finance and accounting functions of the business. · Accountable for financial planning, forecasting, budgeting, financial reporting, and analysis to provide the strategic insights necessary to guide the business decision-making process and contribute to profitability and growth Main Areas of Responsibilities: General: •Responsible for the timeliness and quality of the reporting • Ensures proper analysis is provided in order to support the management team. • Following corporate and divisional procedures and controls • Following local accounting principles, rules and tax regulation (including BBBEE) • Banking relationship • Interaction with all departments in the company both locally and internationally • Ad hoc requests as and when received. • Policies and Procedure review • AIS Grants Position Specifications: • STD costing • Reporting: Capex DB, Rolling Forecast, Tooling reporting, Overdue reporting • OS: Intercompany, Sales and Contribution • Balance sheet reconciliation, Journal entries SOX reports and certificates • Fixed assets (including supporting preparation of Screenings and Capex) • Project management and tracking – CEA.07 • CM walk – CAP7 • Internal controls including BS reconciliations. • Sales prices control • Payroll review • Support the development of Forecasts, Budget and MTP plan. • Following corporate and divisional procedures and controls • Month-end closing – manual journal preparation, accounting control • Support other departments – Ensures proper analysis is provided to support the management team. • Responsible for management of local finance department • Hedging, currency management, cash forecasting Daily and Monthly Tasks: • Cashflow review and management • Journal entry review • Balance Sheet Recon reviews • Payment release on the bank (local/foreign/payroll) • Month end GL and account review • Month end meeting analysis, commentary and reporting • Short term forecast review • Purchase order authorization • Internal control/ General Control Framework/ Risk Management • Payroll review • BBBEE involvement • VAT review • Capex involvement • Costing/Pricing changes reviewed Quarterly Tasks: • Financial review Questionnaire and other HO quarterly requirements Annual Tasks: • Tax – Year end calculations, Transfer Pricing, Country-by-Country reporting • AFS review • Budget coordination, finalization and presentation • Insurance Key Requirements: • CA (SA) • Minimum 5 years in charge of a finance department of a manufacturing company with a national/global footprint. • Highly Motivated Individual with a positive attitude and flexible approach to work. • An understanding of regulatory and financial reporting regime and IFRS • Proven track record of clean financial management and administration • Financial Modelling Knowledge • Excellent interpersonal skills with the ability/desire to work in a team • Strong leadership skills: ability to effectively influence all levels of management strong analytical and conceptual abilities • Well-refined technical finance and strategic skills • Corporate Finance experience advantageous • Assist the organization with administrative, filling and other smaller support functions.