Financial Controller

Boardroom Appointments; South Africa; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading recruitment agency in South Africa seeks a Financial Controller with over 5 years of financial management experience. The role includes preparing financial statements, leading budgeting processes, and ensuring compliance with regulations. Ideal candidates will have a Bachelor's degree in Accounting or Finance and proven leadership skills within a dynamic financial environment.

Qualifications

• 5+ years of experience in financial management.
• At least 2-3 years in a supervisory or leadership role.
• Experience in logistics, shipping, or terminal operations is preferred.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements.
• Lead the budgeting process working with department heads.
• Ensure compliance with local tax regulations and accounting standards.
• Oversee cash flow management and working capital.
• Identify opportunities for process improvements in finance.
• Lead and mentor the finance team.

Skills

Financial management

Budgeting

Financial reporting

Leadership

Compliance

Education

Bachelors Degree in Accounting, Finance, or Business Administration

CPA or CA certification

Job description

Financial Controller

About the job Financial Controller

Minimum Education and Experience Requirements

• Bachelors Degree in Accounting, Finance, Business Administration, or a related field. A CPA, CA, or other relevant financial certification is a plus.
• 5+ years of experience in financial management, with at least 2-3 years in a supervisory or leadership role.
• Experience in a logistics, shipping, or terminal operations environment is highly preferred.
• Strong knowledge of financial regulations, accounting standards, and reporting requirements.
• Ability to communicate financial information to non-financial stakeholders.
• Ability to work in a fast-paced, dynamic environment and meet tight deadlines.

Job Function

1. Financial Reporting & Analysis:
   • Prepare monthly, quarterly, and annual financial statements for the branch, ensuring accuracy and compliance with accounting standards.
   • Analyze financial performance, identifying key trends, variances, and business opportunities.
   • Provide management with detailed reports and actionable insights to inform decision-making.
   • Oversee month-end and year-end close processes, ensuring timely and accurate reporting.
2. Budgeting & Forecasting:
   • Lead the budgeting process, working closely with department heads to ensure financial targets align with company goals.
   • Develop financial forecasts and continuously monitor performance against budget, recommending corrective actions when necessary.
   • Assist in long-term financial planning, providing strategic recommendations for cost control, revenue enhancement, and profitability.
3. Compliance & Internal Controls:
   • Ensure compliance with local tax regulations, accounting standards, and industry-specific laws.
   • Implement and maintain strong internal controls to safeguard the branch’s financial assets and ensure the integrity of financial data.
   • Coordinate with internal and external auditors during audit cycles and implement any necessary corrective actions.
4. Cash Flow Management & Treasury:
   • Oversee cash flow management, ensuring the branch maintains optimal liquidity for operations.
   • Manage working capital, including accounts receivable, accounts payable, and inventory levels.
   • Ensure that financial risks are identified, assessed, and appropriately mitigated.
5. Process Improvement & Efficiency:
   • Identify opportunities to improve financial processes, enhance operational efficiency, and streamline reporting.
   • Recommend and implement cost-saving measures, process improvements, and best practices within the finance department.
   • Drive the adoption of new technologies or software to improve financial operations.
6. Team Leadership & Development:
   • Lead and mentor the finance team, providing training and development to ensure high performance and growth.
   • Foster a collaborative and efficient working environment, ensuring that team members meet deadlines and deliver high-quality work.
   • Conduct performance reviews and provide constructive feedback to direct reports.