Group Financial Manager
Objective Personnel
- Western Cape
- Permanent
- Full-time
- Relevant tertiary qualification and CA (SA)
- Minimum 5-8 years experience in a manufacturing / FMCG environment
- Experience in all areas of financial planning, budgeting, analysis and financial management.
- Demonstrated and proven track record of implementing and improving accounting systems, processes, management information and financial reporting
- Advanced skill in MS Office (especially MS Excel)
- Acumatica (ERP experience and knowledge (advantageous)
- Financial / Risk management skills
- Oversee and manage the financial operations of the Company
- Contribute and participate in strategic and tactical processes in the business, including financial modelling to support new business development, and other strategic initiatives.
- Provide financial analysis and insights to management regarding the historic and forecast performance of the business, through the management accounting process.
- Maintain high quality financial disciplines and controls throughout the Group and ensure that measures to mitigate risk are effectively implemented.
- Develop and maintain systems, policies and procedures necessary to ensure effective and efficient financial management of the Group.
- Coordinate and facilitate governance and compliance across the company in accordance with industry and the Company's frameworks in order to monitor and mitigate financial and other risk.
- Preparation of financial and management reports on a monthly basis and ensure the financial results of the business are complete, accurate and timeously recorded in accordance with applicable accounting standards, relevant legislation and Company guidelines.
- Manage the external Audit and oversee the preparation of the annual financial statements.
- To ensure that financial and reporting obligations of the Factoring House (Investec), regarding customers are met timeously and accurately on a weekly and monthly basis.
- Ensure a sustainable working capital position by applying systematic cash flow forecasting, rigorous cash flow management metrics.
- Oversight of the debtor process and ensure that the relevant processes are adapted depending on the nature of the customer’s profile.
- Oversee and review creditors reconciliations.
- Approve and release of daily COD payments.
- To continuously identify and implement improvements regarding processes and reporting.
- Custodian of profitability and efficiency through oversight of inventory.
- Overseeing annual stock take and calculating the provision for obsolescence.
- Super user of ERP system, includes working with consultants to continuously improve and customise the system, as well as support users with any issue they might experience or identify.
- Facilitate and finalising of the Annual BBEEE audit.
- Preparing of all Provisional tax and Income tax as well as Dividend Withholding tax calculations/returns.
- Solving of tax queries from the South African Revenue Services.
- Oversee the customs RLA system in conjunction with the clearing agent in respect of the rebate store.
- Perform VAT reconciliations.
- Oversee vendor and application process.