Finance Executive (CA(SA) / Manufacturing) - Durban, South Africa

Location: Durban, KwaZulu-Natal, South Africa
Date Posted: 06-12-2017
Reference: PAB

Our client, a manufacturing business within a JSE listed group, is currently seeking a suitably qualified and experience Finance Executive. The incumbent for this role should be a strategic thinker who understands and interacts with all aspects of the business. This is a principal deputy to the CEO providing financial direction, information and advice. The role is also a source of essential information for the Board of Directors.
 
The Head of Finance role is to direct and oversee all of the financial activities, overall financial management and systems, to include the preparation of current financial reports and forecasts for future business growth and oversee accounting, costing, procurement, tax planning as well as develop strategies to maximize return on investment.
 
Responsibilities: 
 
Monitoring, Controlling and Reporting:
  • Ensure the timely and accurate preparation of management reports, financial reports, audit, and tax returns.
  • Put the necessary financial plans in place, including budgets and implementing appropriate budgetary controls.
  • Develop financial models and systems for the specific company business to enable efficient monitoring of costs, business processes and profitability. 
  • Support other cost centres in budgets development.
  • Prepare cash flow forecasts and analysis, monitor working capital and convey these analyses to the CEO and recommend on corrective actions where needed
  • Manage cash balances by initiating/executing appropriate actions including the investment of cash and inter-account transfers.
  • Drive treasury management activities including cash flow management, the investment of excess cash and management of company borrowings to enable the company to meet its financial obligations at all times.
  • Oversee the approval and processing of revenue, expenditure, budgets, salary updates, ledger, payroll, account maintenance and data entry
  • Analyse and recommend methods to improve cost effectiveness.
 
Supporting Business:
  • Support the company's strategic planning and business review process as key member of the leadership team.
  • Contribute to the achievement of the company objectives by providing advice and guidance on financial strategy.
  • Maintaining relationships with the company's banks, suppliers and other service providers so as to ensure that the company receives timely, quality and cost efficient services at all times.
  • Interact with other managers to provide consultative support to planning and forecast initiatives through financial and management information analyses, reports, and recommendations.
  • Provide advice on pricing and capacity management strategy.
  • Participate in developing new business and identify new financing opportunities.
  • Assess the long term financial trends and review prospects for future growth of income and new product areas, and pinpoint potential weak areas.
 
Overseeing Accounting Systems and Procedures:
  • Continually review and upgrade accounting systems and procedures in line with the company's operating systems, internal control requirements.
  • Ensure compliance with taxation laws, including accurate computation, declaration and timely payment.
  • Oversee the coordination and activities of the external auditor and ensure all audit issues are resolved.
  • Establish and maintain appropriate internal control safeguards.
  • Review and improve finance, accounting, billing, and auditing procedures.
  • Coordinate company insurance, contracts and agreements, and legal areas and activities.
  • With the CEO develop and implement risk management policies.
 
Managing finance department:
  • Setting and evaluating performance standards for departmental staff.
  • Manage, motivate, recruit, select and evaluate financial staff.
  • Provide guidance and training to financial staff in order to further improve their overall financial knowledge.
 
Academic and Professional Qualifications:
  • Full professional Accounting Qualification.
  • Professionally accredited CA(SA) with SAICA.
 
Professional Experience:
  • Min of 6 years’ post articles progressive experience.
  • Previous experience in a Manufacturing environment is MANDATORY.
  • Must have previously supervised a Finance function with more than 5 employees.
 
 
Please apply directly, by clicking on the Apply Button and visit www.caglobalint.com for the latest CA Global jobs.

Pandora Buchanan
Senior Associate: Executive Search
CA Global Finance

www.ca-finance.com / www.banking-recruitment-jobs.com

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