Financial Controller
- Durban, KwaZulu-Natal
- Permanent
- Full-time
- Grade 12
- National Diploma or BCom in Financial Accounting or related qualification
- Minimum 5 years experience in a similar role
- Provide support on the Financial Strategic Plans
- Provide financial analysis and support to management and all operational areas of the business
- Review and action Financial variances (Budget / Forecast)
- Review the BU/ Plant Flash Results and analyse variances
- Review and action Balance Sheet Account variances
- Prepare financial reports and returns
- Generate information and reports for internal and external use
- Manage and maintain the accounting and business intelligence systems
- Administer the Management Information System
- Design, document and implement Internal Controls
- Maintain and Review the Risk Register
- Comply with Internal Controls
- Prepare the consolidated Budget process and timing plan
- Review Operational budgets
- Co-ordinate and consolidate all budgets
- Prepare the consolidated forecast process and timing plan
- Co-ordinate and consolidate all forecasts
- Review all forecasts
- Prepare and circulate the Monthly BU Financial Pack
- Prepare financial reports and returns (Monthly BU/Plant Financial Pack)
- Flash Results:
- Review the BU Flash Results and action variances
- Review the BU/ Plant Flash Results and analyse variances
- Consolidate & maintain the BU/Plant Capex Reports
- Review CAPEX spend
- Support useful life and residual value of Fixed Assets analysis
- 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
- Consolidate & maintain the BU/Plant Tooling Reports
- Review weekly sales reports
- Comply with IFRS
- Review Balance Sheet Account reconciliations
- Review and authorise Journal entries
- Prepare the consolidated Audit plan
- Prepare and plan Year-end Statutory Audit (external and internal) in line with the consolidated Audit plan
- Prepare reporting Accounting, Audit and Tax Packs
- Facilitate completion of financial statements for Legal entities
- Conduct a final Review and submit to Holding Company
- Release weekly bank transfers (creditors and wages)
- Review and authorise Creditors payments
- Oversee cash management function of the BU.
- Monitor daily cash positions and cash flows to ensure settlement and maximise performance
- Manage cash flow and working capital
- Oversee debtors function of the BU.
- Facilitate and input into debtors management process
- Review debtors age analysis, providing an analysis and action plans for debt collections
- Oversee creditors function of the BU.
- Facilitate and input into creditors management process
- Review creditors age analysis and GRNI providing an analysis and action plans
- Manage Forex risk
- Review Forex Forecasts
- Ensure compliance with the general tax provisions
- Review Statutory Returns (VAT, PAYE, SDL, UIF, WCA) and ensure that they are submitted timeously
- Support process of Provisional/Income Tax returns
- Prepare and submit Government Incentive Applications
- Review and submit Insurance Declarations
- File claims for losses
- Identify improvement opportunities and make recommendations for improvements
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