Financial Director – Pinetown – Government Job Vacancies in Pinetown

Schlemmer & Associates Recruitment Specialists

Duties & Responsibilities

Executive Management

  • Serve as a member of the executive team
  • Participate in key decisions pertaining to strategic initiatives, operating model, and operating execution
  • Meet the annual Metair objectives

Financial Accounting and Controls

  • Oversee Financial Accounting Department to ensure proper maintenance of all accounting systems and functions
  • Ensure maintenance of appropriate internal controls and financial procedures
  • Final point of escalation for Accounts Payable and Accounts Receivable issues
  • Ensure all month-end closing activities including control account reconciliation, integrities and reconciliations are in place
  • Prepare Annual Financial Statements in accordance with Companies Act, Group Policies and IFRS
  • Key point of contact for External and Internal Auditors – manage preparation and support of all audits

Treasury Management

  • Manage cash balances and weekly / monthly / annual cash forecasts
  • Manage on-going banking relationships for maximum efficiency
  • Develop cash flow forecasting and maintain long term cash forecasts
  • Oversee the cash flow plans and ensure that availability of funds as needed 
  • In overseeing the financing strategies, arrange debt financing as required

Management Accounting and Information

  • Oversee Management Accounting Department to ensure the integrity and accuracy of reporting
  • Ensure timeliness, accuracy, and usefulness of the monthly management reporting
  • Monitor financial performance by measuring and analysing results; initiating corrective action plans; minimizing the impact of variances
  • Develop regular reporting and analysis, including key metrics reports, and conduct ad- hoc financial analysis as required
  • Ensure the integrity and accuracy of the Company inventory system
  • Ensure the financial management reporting processes are in place to support the on-going and future needs of the business
  • Maintain Company costing system
  • Ensure accuracy of returns e.g., Form C1s

Foreign Exchange Management

  • Manage the Company’s foreign exchange exposure in accordance with group hedging policies

Planning and Forecasting

  • Develop, coordinate, and monitor budgets
  • Develop on-going financial business plans, models, and forecasts together with the adequate explanations   for the business
  • Lead the financial modelling and analysis to support the development of long-term strategic initiatives and business plans

Costing

  • Develop IRR and NPV models and provide the financial analysis to assist with feasibility studies
  • Oversee the quotation / pricing submissions to OE customers 
  • Ensure timeous and accurate EU declarations 

Risk Management and Insurance

  • Co-ordinate the activities of the Risk Committee
  • Develop and maintain the Risk Register and submit quarterly risk reports to Metair 
  • Monitor and report emerging and single point of failure risks 
  • Oversee the annual insurance renewal process and ensure appropriate coverage is always maintained
  • Handle insurance claims

Payroll 

  • Oversee the payroll team, comprising of the payroll specialist, payroll officer and timekeeper 
  • Ensure compliance with payroll-related tax laws and regulations 
  • Obtain tax directives, as required by Metair

Tax Compliance

  • Develop financial and tax strategies
  • Ensure compliance with tax laws and regulations
  • Manage the Company’s tax return filings process

Asset Management

  • Oversee the maintenance of fixed assest register
  • develop and maintain capital budget
  • Track and report capital spend against budget.

IT 

  • Executive Management
    • Serve as a member of the executive team
    • Participate in key decisions pertaining to strategic initiatives, operating model, and operating execution
    • Meet the annual Metair objectives

 

  • Financial Accounting and Controls
    • Oversee Financial Accounting Department to ensure proper maintenance of all accounting systems and functions
    • Ensure maintenance of appropriate internal controls and financial procedures
    • Final point of escalation for Accounts Payable and Accounts Receivable issues
    • Ensure all month-end closing activities including control account reconciliation, integrities and reconciliations are in place
    • Prepare Annual Financial Statements in accordance with Companies Act, Group Policies and IFRS
    • Key point of contact for External and Internal Auditors – manage preparation and support of all audits

 

  • Treasury Management
    • Manage cash balances and weekly / monthly / annual cash forecasts
    • Manage on-going banking relationships for maximum efficiency
    • Develop cash flow forecasting and maintain long term cash forecasts
    • Oversee the cash flow plans and ensure that availability of funds as needed
    • In overseeing the financing strategies, arrange debt financing as required

 

  • Management Accounting and Information
    • Oversee Management Accounting Department to ensure the integrity and accuracy of reporting

 

    • Ensure timeliness, accuracy, and usefulness of the monthly management reporting
    • Monitor financial performance by measuring and analysing results; initiating corrective action plans; minimizing the impact of variances
    • Develop regular reporting and analysis, including key metrics reports, and conduct ad- hoc financial analysis as required
    • Ensure the integrity and accuracy of the Company inventory system
    • Ensure the financial management reporting processes are in place to support the on-going and future needs of the business
    • Maintain Company costing system
    • Ensure accuracy of returns e.g., Form C1s

 

  • Foreign Exchange Management
    • Manage the Company’s foreign exchange exposure in accordance with group hedging policies

 

  • Planning and Forecasting
    • Develop, coordinate, and monitor budgets
    • Develop on-going financial business plans, models, and forecasts together with the adequate explanations   for the business
    • Lead the financial modelling and analysis to support the development of long-term strategic initiatives and business plans

 

  • Costing
    • Develop IRR and NPV models and provide the financial analysis to assist with feasibility studies
    • Oversee the quotation / pricing submissions to OE customers
    • Ensure timeous and accurate EU declarations

 

  • Risk Management and Insurance
    • Co-ordinate the activities of the Risk Committee
    • Develop and maintain the Risk Register and submit quarterly risk reports to Metair
    • Monitor and report emerging and single point of failure risks
    • Oversee the annual insurance renewal process and ensure appropriate coverage is always maintained
    • Handle insurance claims

 

  • Payroll
    • Oversee the payroll team, comprising of the payroll specialist, payroll officer and timekeeper
    • Ensure compliance with payroll-related tax laws and regulations
    • Obtain tax directives, as required by Metair

 

  • Tax Compliance
    • Develop financial and tax strategies
    • Ensure compliance with tax laws and regulations
    • Manage the Company’s tax return filings process

 

  • Asset Management
    • Oversee the maintenance of fixed assets register
    • Develop and maintain capital budget
    • Track and report capital spend against budget

 

  • Company Secretary and Legal Officer 
    • Carry out the duties of a Company Secretary
    • Ensure legal and regulatory compliance regarding all financial functions
    • Ensure appropriate legal review of contracts and solicit external legal advice as required
    • Monitor all open legal issues involving the Company

 

IT Operational Management

  • Oversee the IT Department to ensure the continuous delivery of IT services.
  • Oversee and manage the relationship with outsource providers and ensure SLA’s are met.
  • Review and approve all contracts for computing and IT services and equipment.
  • approve, prioitise, and control projects as they relate to the selection, acquisition development, and installation of information systems

 

Desired Experience & Qualification

CA
BCom Honours
CIMA 
MBA preferable 
Minimum 10 years’ experience in a manufacturing environment
Minimum 10 years’ experience in a Senior Financial Accounting role
 

Package & Remuneration

Excellent salary and benefits depending on experience.

 

APPLY HERE : https://www.pnet.co.za/jobs–Financial-Director-Pinetown-Pinetown-Schlemmer-Associates-Recruitment-Specialists–3462338-inline.html

To apply for this job please visit www.pnet.co.za.

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