Financial Controller - MEA

Vontier

Johannesburg, Gauteng
Permanent
Full-time

23 days ago

JOB TITLE: Financial Controller - MEADEPARTMENT: FinanceREPORTING TO: Finance Director - MEAADDITIONAL INFO

The Company financial year end is 31st of December. Limited leave may be granted at key points in the annual financial calendar
Overtime might be required during month ends and other key points in the annual financial calendar
Estimated Travel:

10% * Revenue Responsibility: $50m - $100m

Total Reports (Direct and Indirect): circa 12
Fluent English required

PURPOSE OF POSITIONThis position is for a Financial Controller managing the Financial Accounting team in the MEA Region of Gilbarco Veeder Root. Currently the team provides full accounting services for 5 - 10 entities across the region. The Financial Controller will supervise a team consisting of accountants and clerks (directly and through other managers) helping to ensure a strong control environment whilst delivering first class service levels to their business partners.This role will assume responsibility for providing clear risk analysis and Balance Sheet management, ensuring compliance to local, US GAAP and government regulations. Further there will be opportunity to influence the strategic direction of the team, constructing business case scenarios to support increased scope of services and/or entities, including the development of robust service level agreements (SLAs) with internal customers and with any third party service providers.This role is a leadership position, providing support, mentoring, and coaching to a motivated team with a goal to add to the talent pipeline for Finance functions within the Vontier Group.This role is a feeder role for the MEA Finance Director position and similar roles within the GVR and Vontier Global business.KEY RESPONSIBILITIESFinancial Management

To contribute and participate in Management and policy decisions affecting the Company, having particular regard to the accuracy of the financial records.
To plan, direct and review centralized accounting, cash management and risk management policies and procedures.
To review and where necessary, recommend revisions to policy
Managing Group Accounting & Treasury functions.
Manage creditors function.
To develop, monitor and revise policies regarding compliance to Taxation legislation.
Managing financial reporting and preparation for year-end consolidated accounts.
Develop and manage Strategic Risk Management Programmes, including co-ordinating development of Policies, Strategies and Programme Evaluations.
Ensure an effective Division’s organization design with a professional and competent team.

Financial Strategy

Responsible for strategic planning. To quantify operational intentions, to interpret the financial implications thereof, and to estimate funding and administrative resource requirements.
To review and analyse achievements in terms of strategic objectives and budgets.
Interacting and Managing Key Stakeholders.
Evaluating and implementing systems and processes to enhance Business efficiencies, aligned to Strategic objectives.
To implement strategies to maximize positive Cash Inflows as relates to Rand and Foreign Bank Accounts.

Staff Management

To manage the output of staff members within the finance department.
To liaise between Divisions in order to facilitate smooth interaction and problem solving.
To review the performance of staff in order to develop and maintain staff at a level which is qualitatively and quantitatively consistent with the company requirements for account and administration.
To regularly review staff performance and recommend that good staff are well remunerated and poor performance is corrected.
To ensure that Management intentions are communicated to Finance staff.
To ensue staff achieve all deadlines.
To ensure staff adhere to company policy and procedures.

Reporting

To collate and analyze monthly results and report to management and Group with high degree of accuracy within agreed monthly deadlines.

Year – end reporting:

Management of the year end and audit process.
Detailed examination of all financial records, prior to financial year end and report thereon.
Finalisation of statutory financial statements for legal entities

Capital Expenditure

Management of all capital expenditure and disposal requests with regard to approved capital budget.

Insurance

Manage the company’s insurance portfolio.
Annual insurance declarations.
Liaise with insurance brokers in regards to all claims and insurance matters.

Treasury

Management of the treasury function including relationship with primary bankers.
Management of the company’s reserve bank applications.
Ad Hoc assignments such as due diligence evaluations and post investments audits.

Risk Management and Governance

Management of all internal audits
Ensure compliance with policies and procedures
Develop effective processes and procedures were required to enhance financial hygiene and accuracy of accounting information

PERSONAL QUALIFICATIONS & EXPERIENCEEducation/achievementsRequired

Tertiary level education
Registered Chartered Accountant (South Africa)

Preferred

Registered Chartered Accountant (South Africa)

Experience/KnowledgeRequired

5 - 8 Years Financial Accounting, Financial Reporting and Controlling
IFRS
Auditing (process and control)
Managing remote teams

Preferred

US GAAP
SOX

Specific Skills

High attention to detail and accuracy with methodical working methods
Proficiency in MS Word, PowerPoint & Excel
Excellent communication skills
Strong written and spoken English
Customer focussed
Ability to work without supervision, under pressure and meet strict deadlines
Ability to be flexible and agile in a high-pressure environment
Problem solver
SAP Business 1
Hyperion (HFM)

Potential Skills

Ability and aspiration to progress through to other senior finance roles

Gilbarco Veeder-Root represents the leading brands of solutions and technologies that provide convenience, control, and environmental integrity for retail fueling and adjacent markets. In 2002, the Gilbarco and Veeder-Root companies combined into one marketing brand, with distinctive and complementary business lines, services, and sales capabilities. Veeder-Root is the world's leading supplier of automatic tank gauging and fuel management systems and one of the few companies in the industry to design, manufacture and service its own products; supplying and integrating the broadest range of new and proven technologies to reduce cost of ownership, enhance environmental integrity, and improve performance and profitability for petroleum marketers and commercial fueling enterprises worldwide.Vontier is a $3B global industrial technology company focused on smarter transportation and mobility. Our five operating companies—Gilbarco Veeder-Root, Global Traffic Technologies, Teletrac Navman, Matco Tools, and Hennessy Industries—are united by a powerful purpose: mobilizing the future to create a better world. Our portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities. Vontier’s pioneering solutions advance safety, security, efficiency, and environmental compliance worldwide.Energized by our shared purpose and values, we have a strong culture shaped by a deep organization-wide commitment to inclusion, diversity, and equity (ID&E) and corporate responsibility. Eight vibrant global employee resource groups serve as powerful focal points for connection, community, and advocacy, and we actively support community causes through Vontier Cares. We offer flexible remote and in-person, open-space work options.The Vontier Business System (VBS), our engine for success and our competitive advantage, powers every aspect of our business performance through a continuous improvement mindset. As we look to the future, we will continue to evolve VBS to prepare our teams for new challenges and opportunities, and to stay on the forefront of changing technologies through fast iteration and focused experimentation. To learn more about us visit:

Vontier

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