Permanent - Financial Manager - Ekurhuleni (East Rand) - South Africa

Job Purpose

• To analyze, consolidate and compile accounting and financial documentation to enable reporting and creating financial solutions which are aligned with company policies and industry regulations.

Key Performance Areas

1. Management Accounting (35%)
2. Financial Reporting (15%)
3. Stock Count (10%)
4. Warehouse Analytics (10%)
5. Compliance (10%)
6. Cost and Financial Control (10%)
7. Customer Service Management (10%)

Management Accounting:

• Manage and control financials of the CDC and XCE businesses.
• Ensure that all financial systems and structures are in place within each business to ensure compliance and measure efficiencies and business performance.
• Accountable for the completeness of financial records on a monthly basis.
• Maintain financial integrity of company accounts and ensure that they meet IFRS requirements.

Financial Reporting:

• Compile and submit annual Income Statement & Balance Sheet and monthly forecasts in collaboration with business areas.
• Compile the weekly Dash.
• Compile the monthly Flash.
• Analyse financial statements (actual vs budget vs forecast) per division and provide feedback as well as determine appliable actions plans to rectify variances.
• Prepare a monthly financial pack.
• Conduct General Ledger reconciliations and ensure that there is monthly sign-off.

 Stock Count:

• Assist with preparation and attend monthly scanned stock count Outbound & Reverse Logistics.
• Conduct Cycle Counts Auto, Scrap, Ind & Labels twice monthly.
• Investigate variances and issue report on findings.

Warehouse Analytics:

• Provide statistics on measures and analyse identified KPI’s i.e. batteries picked, timing of rotations through wash bay / charging etc.
• Conduct benchmarking on Metrix between branches.
• Analyse overall inventory status and / or anomalies and identify inefficiencies in stock holding and / or reporting and ensure that action plans are put in place where applicable

Compliance:

• Operates within controls and procedures in order to ensure the integrity of the company.
• Identifies and monitors risks within own department and area of responsibility.
• Assists in the maintenance of a risk register, report discrepancies or areas of concern to management.
• Ensures compliance with all relevant regulations and policy frameworks to prevent fruitless, wasteful and irregular expenditure

Cost and Financial Control:

• Contributes to the budget preparation process.
• Promotes and communicates the effective, efficient, economical and transparent use of financial and other resources.
• Monitors and controls expenditure against budget and ensures spending occurs within budgetary limits and company's financial guidelines, report deviations to direct Manager.
• Explores opportunities to control and reduce costs.

Customer Service Management:

• Maintains effective working relationships with customers (both internal and external) towards rendering highest quality of services.
• Represents the company in meetings with relevant stakeholders.
• Identifies and solves problems creatively whilst demonstrating a high level of integrity in line with company's core values.
• Reports to Management on internal stakeholder related matters.
• Maintains relationships in accordance with policies, procedures and legal, as well as stakeholder management system requirements

Qualifications

• Bachelor’s Degree in Accounting (NQF 7)
• Bachelor’s Degree in Accounting (NQF 8) with CIMA registration

Experience:

Minimum:

• Up to 5 years’ experience in an Accounting or similar role within the Manufacturing Industry

Technical Competencies:

• Computer Literacy (MS Office Suite and applicable discipline-specific software programs).
• Knowledge of Accounting Principles and Procedures