5 years in a similar role EssentialBCom/ Business Administration DegreeCIMAGeneral Financial Management:
Provide financial analysis and support to management and all operational areas of the business.
Manage and comply with internal controls.
Budgets: xe2x80xa2 Prepare operational budgets. Forecasts: xe2x80xa2 Review all forecasts. Financial Pack: xe2x80xa2 Review the monthly Business Unit financial pack and identify variances.
Prepare financial reports and returns (Monthly BU/Plant Financial Pack).
Flash Results: xe2x80xa2 Review the automotive division flash results and action variances.
Compile the BU/Plant flash results and analyse variances.
CAPEX: xe2x80xa2 Analyse the Divisional capex reports and review the BU/Plant capex reports. Weekly Sales Report: xe2x80xa2 Review weekly sales reports. General: xe2x80xa2 Participate and provide relevant information for board meetings and Divisional monthly or bi-monthly meetings.
Comply with IFRS.
General Ledger: xe2x80xa2 Review balance sheet account reconciliations.
Review and authorise Journal entries.
Audits and year-end processes:
Prepare and plan year-end statutory audit (external and internal) in line with the consolidated audit plan.
Prepare and review year-end reporting accounting and Tax Packs.
Follow up and action audit findings.
Prepare and update corp tax schedules.
Banking: xe2x80xa2 Manage banking systems (users, passwords, profiles, etc.).
Approve all new creditors (local and foreign).
Release weekly bank transfers (creditors and wages).
Cash Management: xe2x80xa2 Source financing to meet budgeted cash-flow requirements.
Monitor daily cash positions and cash flows to ensure settlement and maximise
performance.
Manage cash flow and working capital.
Forex: xe2x80xa2 Manage Forex risk.
Manage the purchase Foreign Exchange Contracts (FEC''''s).
Review Forex Forecasts.
Authorise foreign payments.
Costing: xe2x80xa2 Make recommendations for the financial recovery on distressed parts.
Calculate and propose price increases (per Customer for Sales Dept).
Negotiate and agree price increases with major customers.
Manage costing department ensuring BOM accuracy and related variances(MUV, PPVxe2x80x99s,stock variances).
CAPEX: xe2x80xa2 Perform project appraisals and valuations.
Review CAPEX spend.
Fixed Assets: xe2x80xa2 Reassess useful life and residual value of fixed assets. Statutory Returns: xe2x80xa2 Ensure compliance with the general tax provisions.