Finance Controller, East London

Purpose This role ensures strong financial control while delivering accurate information to guide operational and strategic decisions. Reporting to the financial manager.

Minimum Requirements

Grade 12 (matric) senior certificate

CIMA / Diploma or Degree in Accounting or Financial Management

8+ years’ experience in a Financial Controller position

Computer Literacy - Experience with MS Office - Advanced Excel

Knowledge of BPCS Accounting system (Highly Advantageous)

Experience in the Motor Industry (Highly Advantageous)

Key Responsibilities Financial Reporting

Prepare financial reports and returns for internal and external use

Provide financial analysis and support to plant management and all operational areas of the business

Review and action Financial variances (Budget / Forecast / Estimate)

Ensure compliance with IFRS

Submission of monthly and annul reports on reporting platform (Onestream)

General Ledger

Prepare provisions and accruals

Prepare general ledger journals with appropriate support

Prepare monthly general ledger reconciliations (BS&IS) in line with group requirements and action variances

Ensure timely and accurate closing from a GL point of view

Internal control

Ensure compliance to Global Control Framework (GCF) and Delegation of Authority (DoA) and company policies and procedures

Prepare and submit monthly Control checks allocated as per Global Control Framework (GCF)

Maintain the risk register.

Budget / Forecast

Prepare detailed plant budget and medium term forecast anually with colaboration of plant management

Prepare monthly short term forecast (P/L&BS)

Prepare weekly flash and month-end estimate

CAPEX, Tooling&Fixed assets

Prepare&maintain a CAPEX and Tooling reports®ister tracking actual spend against approved spend, planning future profitability&cash flows of the projects

Prepare CAPEX requisition with all relevant information regarding the CAPEX project

Support useful life and residual value of Fixed Assets analysis

Perform asset verification

Audits and Year-End Processes

Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan

Prepare reporting Accounting, Audit and Tax Packs

Support in providing information on internal audit, and closure of findings stemming from internal audit

Support with BBBEE audit

Costing

Calculate landed cost on import shipments

Prepare / review BOM's, Cost sets / cost buckets

Investigate Purchase price variances (PPV)

Generate variance report of Actuals to budget information

APDP&EUR 1 submissions

NWC&Cash management Stock

Oversee Stock Takes&assist with investigating stock count variances

Review maintenance spares, obsolete stock and NRV of stock

Debtors Management

Review debtors age analysis, providing an analysis and action plans for debt collections

Review / approve credit notes within limit of authority

Creditors

Review Creditors age analysis and GRNI providing an analysis and action plans

Approve requisitions within limit of authority

Review and authorise Creditors payments

Review weekly payroll

Cash

Prepare cashflow

Monitor daily cash position and cash flows to ensure settlement and maximise performance

Intercompany

Perform Intercompany reconciliation and ensure zero clockouts at month-end

Forex

Prepare Forex Forecasts

Book FEC contracts-based on AP requirement&review Excon applications.

Statutory Returns and taxes

Prepare VAT return and checklist

Support process of WCA, PAYE and Provisional/Income Tax returns

Prepare Government Incentive Applications

Prepare BBBEE reports and information

Insurance

Prepare Insurance Declarations

File claims for losses

Continuous Improvement

Identify improvement opportunities and make recommendations for improvements

Participate in Continuous improvement initiatives

Other

Compile and review sales reports

Performs other related duties as assigned

Key Skills and Competencies

IFRS compliance

An extensive and complete knowledge of accounting principles and practices

Strong analytical abilities

Self-directed with a high degree of self- motivation

Proficient computer skills and abilities with Microsoft Office products (Outlook, Excel, PowerPoint, etc).

Excellent written and verbal communications skills

Solid ERP experience (BPCS advantageous)

#J-18808-Ljbffr