Job Description

REQUIREMENTS

• B.Com or National Diploma (Financial Accounting)
• Chartered Institute of Management Accountants (CIMA) Qualification
• Relevant experience in a similar role

• Compile and provide accurate and timeous financial information to the plant management to make informed business decisions
• 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 and 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 budgets and forecasts for plants
• Prepare plant P/L and balance sheet forecasts
• Financial reporting

• Financial pack

• Prepare financial reports and returns (monthly BU/ plant financial pack)
• Flash results

• Compile the BU/ plant flash results and analyse variances
• Weekly sales report

• Compile and review weekly sales reports
• General ledger

• Prepare provisions and accruals
• Compile royalties schedule for month-end processing
• Prepare general ledger journals
• Compile general ledger reconciliations
• Capex, tooling and fixed assets

• Prepare and maintain a Capex and tooling register tracking actual spend against approved spend, planning future profitability and 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/ plant tooling reports
• Audits and year-end processes

• Prepare and plan the year-end statutory audit (external and internal) in line with the consolidated audit plan
• Prepare and arrange royalty audits
• Costing

• Calculate landed cost on all import shipments
• Prepare/ review DA 190 (declaration of imported components and raw materials)
• Investigate purchase price variances (PPV)
• Generate variance report of actuals to budgeted information
• Stock control

• Compile daily stock holding report
• Oversee stock takes
• Assist with investigating stock count variances
• Overall responsibility for stock
• Cash management

• Oversee the 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
• Plant 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

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