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Main Purpose: To undertake all aspects of financial and treasury management, including financial and management reporting, budget and forecasts preparation, as well as development of internal control policies and procedures.
Key Performance Areas:
Controlling
- Set and check targets and monitoring the performance of each Business Unit / Department within the business, in line with their set budgets.
- Coordinate and direct the preparation of the budget and report on variances, incl. Business Units, Balance Sheets, P&L, Cash Flows and WCM.
- Develop and maintain the financial forecasting models (P&L, Balance Sheet and Cash Flow).
- Manage the monthly management reporting timelines.
- Monitor project results and forecasts monthly.
- Coordinate all reporting processes to Head Quarters (Germany).
- Coordinate and manage continuous improvement programs.
Finance
- Ensure quality control over financial transactions and financial reporting.
- Manage the entire accounting function.
- Implement measures to improve WCM position.
- Coordinate the month-end and year-end closing processes.
- Research technical accounting issues for compliance.
- Ensure compliance with all relevant Legislation.
Treasury
- Take responsibility for the entire cash management process.
- Ensure effective cash flow and net liquidity management.
- Liaise with the Bank Manager.
- Facilitate the application and maintenance of insurance policies and bank guarantees.
- Manage all insurance claims processes effectively.
- Identify opportunities to reduce insurable and non-insurable risks.
- Optimise the best possible risk to coverage ratio in the best interest of the company.
Systems Support
- Ensure effective support and availability of main and supporting ERP systems.
Taxation
- Ensure compliance with all applicable tax laws and regulations.
- Ensure timely completion and submission of any tax returns.
- Provide guidance to the business on any transactions which have tax consequences.
- Ensure accurate tax computations and careful assessment of any estimates used in such calculations.
- Remain up-to-date with changes to the most relevant tax legislation applicable to the business.
Other
- Manage and report on any special projects.
- Maintain and implement all finance related policies and procedures.
- Recruit, manage the performance, train, develop and retain Human Capital to achieve above objectives being mindful financial talent pipelines and BEE requirements.
- Any other job related duties as required from time to time.
- Analyses and processes information; asks probing questions; strives to find solutions to problems.
- Behaves ethically and justly; is discreet and maintains confidentiality; meets commitments by acting with integrity.
- Interprets data rationally by quantifying issues; applies technology as a means to evaluating data; evaluates information objectively.
- Is determined and decides on actions; willingly assumes responsibility; is definitive and stands by own decisions.
- Is comfortable leading people; coordinates and directs groups; seeks to control things.
- Prepared to disagree and question assumptions; challenges ideas and established views; comfortable arguing own perspective.
- Is focused on developing strategies; thinks in the longer term and anticipates trends; envisages the future and adopts a visionary approach.
- Is target focused and meets deadlines; is punctual and keeps to schedule; is reliable in finishing tasks.
- Planning and organising skills.
- High level of Emotional Intelligence.
- Problem solving abilities.
- Ability to motivate and drive a team.
- Ability to build and maintain stakeholder relations.
- Ability to implement innovative solutions.
- Analytical skills and financial acumen.
Preferred Requirements:
- Chartered Accountant.
- Additional management qualification/course would be advantageous.
- 10 + Years' relevant experience of which 5 years is in a managerial capacity.
- Knowledge of and experience in Income tax, VAT act and treasury processes and principles.
- Knowledge of and experience in project accounting.
- Insurance and risk management knowledge.
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