Johannesburg: Financial Manager posted by Deka Minas (Pty) Ltd

Please note that this position is based in The Middle East, relocation, accommodation and additional benefits apply.

The Finance Manager is responsible for working closely with Head of Businesses in maximising profit, cost control, driving KPIs and ensuring optimum working capital for smooth running of the business.

The Finance Manager is responsible to work on controlling the accounting principles & entries, creating financial statements, making the system reconciliations ( SAP/ Financial models), managing the relations with internal/external audit & group finance and reporting monthly standard reports to group and retail finance with the support of their team.

Duties and Responsibilities:

Financial Controlling
Financial Asset Management to maximize returns
Balance sheet review with controlling team
Vendor Management
Tax returns and compliance
Intercompany and Intra Company management
Managing working Capital and Full control over cash flow
Risk Management Assessing operations and observed the financial risk
Insurance policies renewals and updates
Giving guidance on financial decision by monitoring policies and procedures
MM module Landed Factors control
Capex Management for new stores and refurbishment
Impairment assessment with Central Finance team

Reporting and Budgeting
Full involvement in the Budget & Strat Plan process land supporting head of business in planning targets
Preparing Balance sheet and cash flow
Controlling BPC and SAP upload and reconciliations
Managing balance sheet exposures and Write offs

Audits and SOPs
Point of contact for internal and external audit
Coordinating with group Internal Audit
Coordinating external audits for the brand
Conducting timely audits by internal resource to check and ensure non store process compliance and minimizing company risk
Tax compliance

Having Control on business functions and business support
Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business
Partnering commercial team for vendor rebate management
Preparation of Direct Cash Flow
Co-ordinate with Retail treasury team on funding requirement

Project Analysis and expansion
Supporting all feasibility analyses for new investments preparing long term P&L, BS & CF with NPV, IRR analytics.
Maintain Closing Balance sheet controls in co-ordination with retail teams

Requirements:

• Bachelors degree on Finance or Business Administration
• 10 years experience in finance function, preferably in Oil and Gas Sector/ Construction
• Having a business acumen and leadership skills, knowledge of accounting principles, SAP, budgeting, and SAP/ BPC
• FM experience in KSA

Please note that by submitting your personal information to Deka Minas you free-willingly issue the business consent to make use of such data for the specific purpose of securing you either permanent or temporary employment. Our business makes use of a POPIA compliant database and you have the right to access, right to correction and right to deletion of your personal information.