Financial Controller

SUMMARY:
To compile and provide accurate and timeous financial information to Plant Management in order to make informed business decisions. POSITION INFO:

Financial Strategy - General Financial Management:

• Provide financial analysis and support to management and all operational areas of the business
• Monitor and support debtors and creditors
• Maintenance of 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

Internal Control:

• Comply with Internal Controls
• Maintain and Review the Risk Register

Budgets/Forecasts:

• Participate in the budget/forecast process
• Prepare P/L and balance sheet forecasts

Financial Reporting: Financial Pack:

• Prepare financial reports and returns (Monthly BU Financial Pack)

Flash Results:

• Compile the BU Flash Results and analyse variances

General Ledger:

• Prepare Provisions and Accruals
• Prepare general ledger journals
• Review and authorise general ledger reconciliations

CAPEX, 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.
• Support useful life and residual value of Fixed Assets analysis
• Maintain the BU Tooling Reports

Audits and Year-End Processes:

• Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan

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

Debtors Management:

• Review debtors age analysis, providing an analysis and action plans for debt collections

Creditors:

• Review creditors age analysis and GRNI providing an analysis and action plans

Forex:

• Review Forex Forecasts
• Book FEC contracts based on AP requirements

Continuous Improvement:

• Identify improvement opportunities and make recommendations for improvements
• Participate in Continuous Improvement initiatives

Reporting:

• Prepare financial reports and returns
• Generate information and reports for internal and external use

People Management:

• Ensure an enabling climate/culture.
• Ensure a safe, secure and legal working environment.
• Manage individual, team and departmental performance to achieve organisational objectives.
• Determine the training needs of the Department.
• Coach and counsel people to ensure improved performance levels
• Ensure discipline is maintained in department (absenteeism, lateness, overtime, misconduct, etc.)
• Resolve grievances and disputes

SHE:

• Identify potential hazards and critical safety issues in the workplace
• Address workplace hazards and risks
• Work safely and use safety equipment

Employees shall perform the duties as assigned to them diligently and to the satisfaction of Management.  The job description represents the outline of the duties to be performed and the responsibilities of the employee.  Nothing shall prevent management from assigning additional tasks to an employee or assigning the employee to a different job provided an explanation of the reasons are given. Educational:

• BCom or National Diploma (Financial Accounting)
• Chartered Institute of Management Accountants (CIMA)

Experiential:

• Experience in an automotive environment