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Finance Manager

Finance
KwaZulu-Natal

Our Client a multinational manufacturing company in South Africa is looking for a Financial Manager in Durban.You will need to have a BCOM, preferably hounours with a minimum of 5 years of experience in a manufacturing environment
 
This is no desk job, we looking for someone who is out there getting their hands dirty and asking questions and actioning account variances. Self-starter who has a high-stress tolerance along with good work and time management.
 
General Financial Management:
    • Provide financial analysis and support to management and all operational areas of the business
    • Monitor and support debtors and creditors
    • Maintenance of the fixed asset register
    • Control intercompany balancing
    • Review weekly payroll
    • Review and action Financial variances (Budget / Forecast)
    • Review and action Balance Sheet Account variances
    • Ensure compliance with IFRS
    • Maintain the plant CAPEX & Tooling Reports
    • Generate information and reports for internal and external use
 
Internal Control:
    • Comply with Internal Controls
    • Maintain and Review the Risk Register
 
Budgets/Forecasts:
    • Participate in the budget/forecast process
    • Prepare budgets and forecasts for plants
    • Prepare plant P/L and balance sheet forecasts
 
Financial Reporting:
Financial Pack:
    • Prepare financial reports and returns (Monthly BU/Plant Financial Pack)
Flash Results:
    • Compile the BU/ Plant Flash Results and analyse variances
Weekly Sales Report:
    • Compile and review Weekly Sales Reports
General Ledger:
    • Prepare Provisions and Accruals
    • Compile Royalties schedule for month-end processing
    • Prepare general ledger journals
    • Compile general ledger reconciliations
CAPEX, Tooling & Fixed assets:
    • Prepare & maintain a CAPEX and Tooling register tracking actual spend against approved spend, planning future profitability & cash flows of the projects.
    • Prepare CAPEX requisitions with all relevant information regarding the CAPEX project.
    • Support useful life and residual value of Fixed Assets analysis
    • Maintain the BU/Plant Tooling Reports
Audits and Year-End Processes:
    • Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan
    • Prepare and arrange royalty audits
Costing:
    • Calculate landed cost on all import shipments
    • Prepare / Review DA 190 (Declaration of Imported Components and Raw Materials)
    • Investigate Purchase Price Variances (PPV)
    • Generate variance report of Actuals to budgeted information
Stock Control:
    • Compile daily stock holding report
    • Oversee Stock Takes
    • Assist with investigating stock count variances
Cash Management:
    • Oversee cash management function of the plant
    • Monitor daily cash positions and cash flows to ensure settlement and maximise performance
    • Manage cash flow and working capital for the plant
Debtors Management:
    • Review debtors age analysis, providing an analysis and action plans for debt collections
Creditors
    • Review creditors age analysis and GRNI providing an analysis and action plans
Forex:
    • Review Forex Forecasts
    • Plant FEC contracts based on AP requirements
Continuous Improvement:
    • Identify improvement opportunities and make recommendations for improvements
    • Participate in Continuous Improvement initiatives
 Reporting:
    • Prepare financial reports and returns
    • Generate information and reports for internal and external use