Financial Manager, Management Accountant (Manufacturing, FMCG)

• Day to day financial review of specialised company with many facets to the accounting structure
• Currently have 38 staff that I handle the payroll and any HR function needed.
• Improving profitability and financial controls.
• Analysing and reporting on results of the company
• Monthly management reporting.
• Weekly Debtors and Creditor recons, cash flow and forecasts
• Review of Balance sheet recons and clearing items on recon
• Reviewing and assisting in branch forecasts
• Review of expenses, implement cost cutting /control system
• Support to Operational, Production and Technical functions
• Budget preparations - Facilitating and verifying the company budget
• Very diverse operation ranging from compiling pricing models to determine the profitability of our range supplied to the various stakeholders.
• Involved in the day to day procurement of stock from ingredient to packaging and sourcing the best pricing.
• Very hand on in the day to day activities and operation of the business from production to distribution.
• Heavily involved in the implementation of a food safety programme as Halaal Certification
• Achieving a FSSC Audit Rating
• Responsible for the adherence of all Food Safety Related Matters, ie. Internal Audits,
• Supplier Audits, Correct Document Control, Health & Safety. Maintaining the full HACCAP conformity for the business

• Day to day financial review of a multimillion division consisting of Plumbing, Hardware & Stability for Gauteng, Free State, Mpumalanga and Limpopo branches.
• Currently have 220 staff within the 3 divisions of which I have 5 direct reporting to me.
• Improving profitability and financial controls.
• Delivering the required financial objectives.
• Analysing and reporting on results for the three divisions.
• Preventing corporate and reputational risk.
• Monthly management reporting.
• Strict adherence to the credit management and risk policy - ± 2000 clients +/- R102 million monthly debtor’s book.
• Debtors Insurance Management (CGIC)
• Preparing payroll input information
• Conducting monthly variance and analysis reports on all GL accounts and assisting with sundry creditor account queries.
• Company fleet, fuel and cell phone expense management.
• Correspondence with Lawyers regarding legal matters
• Administrating and preparing the Commission's Scheme for all reps within the divisions.
• Ensure leave is correctly captured, and monthly leave reconciliations done.
• Review of Balance sheet recons and clearing items on recon
• Reviewing and assisting in branch forecasts
• Review of expenses, implement cost cutting /control system
• Support Service to Management Team
• Debtors reporting - Collecting 75% of outstanding book monthly, ensuring that the 90 & 120<=1% per month
• Preparation of Insurance, Fraud Registers
• Preparation of all Capex requests for approval
• Budget preparations - Facilitating and verifying the 3 divisions budget templates and consolidation of these budgets
• Assisting with the internal and external audits (Planning, info gathering and follow-ups)
• Implement and assisting in implementing internal controls (Policy and procedures)
• Fixed Asset control and audits
• Stock Adjustments Reconciliations and journals
• Working Capital control
• Preparation of Management Packs
• Ad hock reporting and any other duties that are required by management
• Analyzing ratios e.g. Gross profit, return on investments, return on assets, debtor’s collection period, stock turnover and stock shrinkage rate.
• Review of Cashbook and Bank Reconciliation for 5 cash books currently.
• Petty Cash, Rand & Pula – spot checks done.
• Manage and develop employees within the team
• Assist with workflow, preparation and recons of quarterly stock takes.
• All administration, checking of variances and overall planning of stock takes for all divisions on Red Prairie/Sage as well as the manufacturing warehouses.
• Freight Focus Billing, billing of all freight cost to External as well as Internal Companies
• Homebased Fuel Recon using Keyfleet

• Financial Function
• Management of 5 Staff
• Analyze and report on results
• Managing of Cash Flow
• Management Reporting
• Suppliers Management
• Customer Management
• Preparation of Payroll input information
• Preparation of statutory returns
• Asset Management
• Compiling of Annual budgets
• Monthly variance and analysis.
• Risk Management in the form of stock, personnel and safety.
• Cost Accounting and marginal costing exercises
• Daily cash management in the form of cash received,
• controlling of purchases in relation to expected
• production.
• Monthly Stock Takes
• Preparation of Financial Pack to Board (IFRS)

• Financial Function
• Analyze and report on results
• Management of Cash Flow
• Management Reporting
• Suppliers Management
• Customer Management
• Preparation of Payroll input information
• Preparation of statutory returns
• Asset Management
• Liaising with Business Bankers and Auditors
• Compiling of Annual budgets
• Monthly variance and analysis.
• Risk Management in the form of stock, personnel and safety.
• Cost Accounting and marginal costing exercises
• Human Resources Function
• Updating and writing of Company Policies & Procedures
• Maintenance of staff registers
• Disciplinary Procedures/Hearings
• Staff management, leave, sick leave, salary input
• Screening and appointment of all staff
• Employment Equity reports & profiles
• Handling of all IR and CCMA issues

• Financial Function
• Analyze and report on results
• Management of Cash Flow
• Management Reporting
• Suppliers Management
• Customer Management
• Preparation of Payroll input information
• Preparation of statutory returns
• Asset Management
• Compiling of Annual budgets
• Monthly variance and analysis.
• Risk Management in the form of stock, personnel and safety
• Human Resources Function
• Updating and writing Company Policies & Procedures
• Maintenance of staff registers
• Disciplinary Procedures/Hearings
• Group HR Management

Monthly Results

• Analyze and report on results, regional,& area profitability and asset management.
• Wage control reports.
• Cash flow.
• Management of ROFE.
• Forecasting & Flashes.
• Balance sheet schedules and files.
• Management Reporting.
• Performance analysis for division.

Quarterly Results

• Prepare packs for Bidvest board meetings.

Costing

• Review and comment on horizontal costings.

Budgets

• Annual budgets.
• Monthly variance and analysis.

Computer

• Continuous system analyses.
• Improving existing systems and controls.

Annual Results

• Preparation of statutory annual financial statements (accounts- and tax packs).
• Preparation of schedules and reconciliations supporting the annual financial statements.
• Liaison with auditors.
• Attend and prepare for Board Meetings of Joint Ventures

Administration

• Insurance claims/declarations.
• Fixed Asset Registers – balance and review.
• Motor Vehicles – costs and admin

Management

• Control and supervise staff.
• Identify training needs and conduct training where necessary.
• Ensure all controls are in place in regions and divisions.
• Regional visits
• Asset & Risk Management:
• Debtors.
• Creditors.
• Fixed Assets.
• Cash.
• Attend to other ad hoc financial and administrative requests from management.
• Attend and prepare for conferences and meetings.
• Strict adherence deadlines.
• Reviewing on an ad hoc basis quality of info shared at P&L meetings.
• Review of continuous audits undertaken by staff.
• Manage and collect supplier rebates.

Creditors * Banking

• Approve and release creditors and other payments.

ISO 9001:
Implementation and maintenance of the ISO 9001 quality system.

• Management of School Feeding Schemes in Gauteng and Mpumalanga to the value of 7 million rand per annum.
• Risk Management of the above business
• Procurement of bulk approved cost effective foodstuff, costing and distribution to individual schools in Gauteng and to selected depots in Mpumulanga
• Determine market size and share.
• Negotiating contract prices with individual tenderers, controlling administrative and financial services
• Negotiating with relevant Government Departments regarding submission of claims and expedition of payments.
• Liaising with district officials and contractors.
• Checking and maintaining stock levels and procuring stock timeously
• Drawing up monthly financial statements for Individual tenders and Nutritional Foods to determine profitability and to monitor margins.
• Involved with the administration of two SMME companies by compiling quotes, costing, price lists and financial statements.
• Sourcing new tenders and business for school, crèche or state/national and relief aid by liaising with Government officials.

• Managed, trained and motivated administrative compliment of 8 people supervision of accounting functions, debtors and creditors.
• Controlling the finances of an operating unit in excess of R20 million.
• Negotiating prices with customers, implement discounts and rebates as per chain store agreements and local customers.
• Doing monthly forecasts, cash flow and stock counts.
• Liaising with sales staff regarding market share and size. Compiling of annual budgets, viability report etc.
• Visiting the two depots to determine profitability and to determine customer needs.
• Liaising with large mining groups regarding tender contract and products of customer needs.
• Liaising with external logistic companies as to optimize and viably manage the distribution fleet.
• Working closely with marketing department to determine viability and profitability of new products and the implementation of new markets.
• Monthly risk assessment of division