Financial Director – Pinetown – Government Job Vacancies in Pinetown

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

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