Assistant Finance Controller
- Employer
- Hire Power
- Location
- Port Elizabeth Port Elizabeth, Eastern Cape Nelson Mandela Bay, South Africa
- Salary
- Competitive
- Closing date
- Aug 7, 2024
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- Job Role
- Accounts Assistant
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Well-known 1st Tier automotive component supplier to all major OEM's in South Africa, wants to appoint an Assistant Financial Controller, within the Finance Department at its facility in Port Elizabeth, EC.
Reporting to the Finance Controller, your role will be to promote the company's core principles of Safety and Health, Environmental Stewardship, Highest Ethical Behaviour and Respect for people throughout the company.
PURPOSE OF THE ROLE:
Profile: Finance
Industry Sector: Manufacturing
Career Level: 4-6 years
Employment: Permanent, full-time. 100% based on site.
E.E. / Non-EE: Strictly EE
Working Hours: Monday to Friday. 08h00 to 16h30. On-site
NOTES:
Reporting to the Finance Controller, your role will be to promote the company's core principles of Safety and Health, Environmental Stewardship, Highest Ethical Behaviour and Respect for people throughout the company.
PURPOSE OF THE ROLE:
- Responsibility for monthly financial reporting process, including management of month end procedures & review of account reconciliations
- Responsible for reviewing monthly accounts payable reconciliations of all local accounts
- Preparation of all foreign bank payments and book and maintain the monthly FEC ( Foreign exchange contracts), resolve all reserve bank enquiries with the Bank for foreign payments
- Review of all production process orders with production office in order to ensure all variances are cleared; and investigate any changes on monthly movements in Weighted average cost of material
- Assist with the preparation of annual financial statements and assist with external audit process
- Quarterly Tax entries on company system ( US GAAP vs SA GAAP), ensure tax compliance, including completion and filing of provisional tax returns.
- Facilitate vendor and customer onboarding processes with global data stewards
- Compiling royalties report for intercompany and facilitating the audit process bi-annually.
- Support and assist with the financial related BBBEE related matters during the verification process
- Provide functional leadership and management to members of the finance team (x3 employees)
- Customer reporting - declaration of preferential/ non preferential
- Compiling quarterly Value Added Statement
- Weekly,monthly and quarterly reporting on treasury transactions
- Adherence, enforcement and reporting on SOX compliance
- Reporting for Stats SA
- Ensure adherence to internal controls & financial policies within the company
- Experience in a commercial environment, preferably in a manufacturing company would be advantageous.
- Experienced with financial reporting and costing (International Accounting Standards, IFRS and limited knowledge of US GAAP) and manufacturing costing.
- High level computer literacy, particularly Excel and ERP systems (SAP experience an advantage).
- Experience with company statutory and tax matters.
- Minimum: Chartered accountant or CIMA.
- Valid Driver's Licence and own vehicle
Profile: Finance
Industry Sector: Manufacturing
Career Level: 4-6 years
Employment: Permanent, full-time. 100% based on site.
E.E. / Non-EE: Strictly EE
Working Hours: Monday to Friday. 08h00 to 16h30. On-site
NOTES:
- Short-listed candidates may be expected to complete and pass online assessments before moving to the next stage of the recruitment process.
- Should you not be contacted within two weeks, please consider your application unsuccessful.
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