Introduction

This position will be based at the Head Office in Woodmead.

Description

The purpose of this position is to prepare, analyse and inter-operate the financial statements of assigned sites to ensure adherence to sound financial practice and legislative requirements.

Duties and Responsibilities:

• Ensure adherence to Company and Client Finance and Supply Chain Policies and Procedures
• Monitor adherence to Corporate Governance Principles and Practices

Financial

• Oversee daily Financial operations for various international entities
• Assist with Payroll payment runs and associated payroll taxes
• Ensure all statutory requirements are met on time
• Initiate ad-hoc payments on the banking platform
• Review all payments
• Maintain intercompany balances
• Balance sheet revaluations and reconciliations
• Reconciliation of Foreign Exchange gains and losses
• Conclude, perform and/ or review month-end procedures for reporting
• Assist International and Regional Finance departments as required
• Compile various management accounting reports according to financial and organisational requirements which include but not be limited to the following reports:
  • Monthly P&L with comparison to Budgets and interpretation and corrective action in base and hard currency
  • Monthly report of STE expenditure against contract and budget allowance
  • Compile ad-hoc reports according to Client and business requirements

Cost Control

• Allocate expenditure to the correct cost centers
• Weekly cost control meetings to manage and forecast expenditure within budget
• Monthly analyses of salary expenditure against contract allowance and budget
• Investigate and implement cost saving initiatives

Supply Chain

• Monitor, evaluate and improve on Inventory Controls and Reporting, Procurement processes and practices and Revenue processes
• Oversee Imports and Exports, ensuring cost efficiency and adhering to Customs and Central Bank requirements

Budgets

• Prepare, compile and consolidate operational and capital budgets of all departments per site
• Prepare, compile and consolidate regional operational and capital site budgets
• Compile production and capital budgets for approval by Client

Asset Register

• Maintenance and physical verification of asset register to reconcile physical assets against register

Audits

• Facilitate the auditing process (internal & external) by supplying information to external auditors according to organisational requirements
• Review and provide feedback on audit findings
• Implementation of corrective action of audit findings

Client Contract

• Review and approve Client invoicing in line with the contract
• Ensure that Client invoices are submitted timeously in the prescribed manner to the Client on a monthly basis
• Manage payment by Client and resolve discrepancies
• Report and review procurement and Client stock according to contract requirements

Customer and Stakeholders

• Interact with management, staff, customers and /or suppliers
• Build good working relationships with Client representatives
• Build and maintain constructive relationships with all the relevant stakeholders to ensure that all documentation and information required is received timeously and accurately

Commercial

• Duties include estimating and negotiation of projects, attending to all contractual and legal issues, planning and forecasting
• Analysing business performance, including the profitability, revenue, pricing and cost of goods sold
• Managing budgets, expenses, pricing and commercial arrangements
• Lead role in advising around pricing for commercial contracts
• Driving efficiencies to ensure contracts remain financially viable and delivered on budget
• Partnering with Business Managers to drive financial performance
• Supporting the Business Development department by conducting analysis of commercial opportunities
• Preparing models to assess future profitability of identified opportunities
• Taking a lead role in solving commercial issues that may arise
• OECD and DTA knowledge

Qualification Requirements:

• BCom Accounting or Financial Management
• BCom Honours Accounting or Financial Management

Experience and Skills Requirements:

• 10 years experience in an International Financial role covering East, West, Southern and Central Africa
• 5 years+ experience in a Management role with a minimum of 5 direct reports
• Ability to utilise effective negotiation and persuasion skills
• Excellent numeracy and analytical skills
• Results driven
• Ability to work under immense pressure
• Computer literate in MS Office with advanced Excel skills
• Project Management skills
• Knowledge of Commercial Law and the preparation and interpretation of contracts