Skip to main content

This job has expired

Financial Manager

Employer
CSH HR Consulting
Location
East London, South Africa
Salary
Competitive
Closing date
May 17, 2021

View more

Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
A local, growing concern specializing in the growing of macadamia nuts is looking for a qualified Financial Manager to be based in their East London office. The candidate must be able to assist with the full finance function, fundraising, general management and when required, special events and projects. He / She must assist with the financial processes, policies and procedures within the organisation.

*Roles & Responsiblities*
*1. Financial Management and Reporting*:
Report to internal and external stakeholders eg. executive management, the Board, Community shareholders, Government and Funders (written and verbal reporting) o Financial Accounting and Management: o Process and review general ledgers, balance sheet and cash flow. Ensure SARS compliance. Done in conjunction with an outsourced Accounting firm. Coordinate timeous production of monthly management accounts o Financial Statements: Assist with the finalisation of Annual Financial Statements including the preparation of audit files for external audit; ensure timeous issue of audited financial statements. o Liaison with auditors coordinate and manage the process of conclusion of Annual financial statements for each of the company entities. o Budgets and forecasting: o Prepare operating budget for operations, forecasts/cash flow projections. Analyse and report on variances. Oversee production of Management Accounts. o Creditors control: o Creditor management including relationship management. Must have a general understanding of operational procurement needs to manage this. o Debtors control: o Be on top of nut sales and tree sales. Overseeing governance procedures and the flow/authorization of funds/payments/receipts/invoicing across 3 farms. o Liaison with the Macadamia expert and factory manager on signing of the offer letter for Macadamia nut sales for each Macadamia farm. o Analysis of sales reports and liaison with the technical expert, factory manager and factory finance division (GNFC) on payments related to each farm.
*2. Internal controls:*
Ensure that the finance & admin functions at operation level are operating within these at all times. Ability to sit on Financial committees and assist in funding processes - both the acquiring of finance as well as the management thereof. Quality control and oversight on financial reports produced by bookkeepers.
*3. Finance Committee:*
Reporting to Committee which covers Financial Performance, Budget defence & approval, funding updates; Research for some functions of this Committee; Facilitate procurement approvals.
*4. Cash flow management:*
Manage the company cash flows entirely. Prepare forecasts and ensure sufficient funds to cover these including the management of intercompany arrangements. Present to managing executive and facilitate processing of cash movements.
*5. Understanding basics of legal documents such as shareholders agreements:*
Understand and keep track of founding documents - CIPC docs, MOI, Shareholder's agreements. Understand and keep abreast of shareholder make-up. Understand and facilitate compilation of provider SLAs e.g. Technical consultants
*6. Fundraising Source and complete application forms Formulate motivations (both executive summaries and the financial modelling) to support the applications.*
Submit application to and track progress with funders Understand and advise on terms and conditions of funder contracts e.g. MOAs, Loan Agreements Assist funders with the signing or legal documentations Compile and submit periodic funder reports Attend and present at ad-hoc funder Project Steering Committee meetings
*7. Staff Management Wage and salary increments*
Part take in management level negotiations; calculate agreed increments/mounts and oversee the implementation of changes Troubleshoot ad-hoc staff earnings and tax issues One direct report i.e. Office Manager
*8. Asset register*
Ensure this is updated on asset purchase/disposal and at year-end Ensure tree counts are updated annually
*9. Special projects and functions*
Assist as required by event/project Committee

*Summary of Competencies *
 Ability to competently prepare and understand balance sheet/income statements/cash flows
 Manage the company cash flows
 Financial Reporting
 Oversight of governance procedures and the flow/authorization of funds/payments/receipts/invoicing across 3 farms.
 Assist Directors & board with funding processes - both the acquiring of finance as well as the management thereof
 Participation on Financial committees
 Understanding basics of legal documents such as; shareholders agreements etc.
*Minimum Requirement *
 Relevant Financial and / Business Management degree/qualification is essential
 Minimum of 10yrs financial management experience at executive
 Strong accounting skills
 Agriculture or related field an advantage
 Advanced Excel
 Problem Solver
 Hands on with high energy levels
 Strong relationship skills
 Drivers Licence and own car Yes
 Willing to travel
 Xhosa speaking

*Marketed Related CTC *

*Summary of Competencies *
 Ability to competently prepare and understand balance sheet/income statements/cash flows
 Manage the company cash flows
 Financial Reporting
 Oversight of governance procedures and the flow/authorization of funds/payments/receipts/invoicing across 3 farms.
 Assist Directors & board with funding processes - both the acquiring of finance as well as the management thereof
 Participation on Financial committees
 Understanding basics of legal documents such as; shareholders agreements etc.
*Minimum Requirement *
 Relevant Financial and / Business Management degree/qualification is essential
 Minimum of 10yrs financial management experience at executive
 Strong accounting skills
 Agriculture or related field an advantage
 Advanced Excel
 Problem Solver
 Hands on with high energy levels
 Strong relationship skills
 Drivers Licence and own car Yes
 Willing to travel
 Xhosa speaking

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert