Finance Manager - 13134

Job No:  13134
Finance Manager
Location:  Meyerton
Salary:  R 65 000 - R 85 000

The key reason for the existence of this role:

Plan, organise, direct and coordinate financial procedures, interventions and programs aimed at optimising mill profitability and adherence to good corporate governance, while providing timely and relevant management reports to assess mill performance and aid in decision making.

The key outputs this role contributes to the business:

Financial
  • Achieves results through others with optimal use of resources
  • Co-ordinates budgeting process and compiles budgets and forecasts for the mill
  • Provides input into cash flow projections, monitors performance against this and drives corrective actions in cases of deviations from planned cash flows
  • Drives optimization of working capital management by setting the mill’s targets in conjunction with mill management, tracking performance against these targets, flagging deviation from targets and driving corrective action
  • Financial and Management reporting

People
  • Clearly communicates business values, THS strategic goals and departmental goals.
  • Provide leadership to align financial practices and procedures with agreed objectives and plans.
  • Prepare plans, organize, lead and control the financial team to satisfy service level agreements and support the business objectives.

Business Processes
  • Coordinate and implement the agreed financial and management reporting procedures and systems.
  • Direct, coordinate and implement the agreed treasury management procedures and programs.
  • Coordinate and develop a pro-active business planning and management control system.
  • Implement best practice and established company corporate governance controls, enforce adherence to, and enhance where necessary, internal policies, procedures and systems, and ensure compliance with legislative requirements.
  • Direct, coordinate, implement and provide input to business risk and control management programs.

Customers (internal & external)
  • Understand customer needs and supplier contributions to drive operational results
  • Provide advice, facilitate and guide managers in financial, commercial and legal matters pertaining to good business prudence, contractual liabilities and risks.

Sustainability
  • Provide support to the business by ensuring that practices and decisions made progress the sustainability goals of the company

Qualifications
  • BCom / BCom (Honours) with Cost & Management Accounting / CIMA or equivalent tertiary qualification
  • CA(SA) would be an advantage

Knowledge
Sound understanding of accounting standards and principles, specifically International Financial Reporting Standards (IFRS) Relevant legislation, including but not limited to:
  • Companies Act
  • Taxation Act
  • VAT Act
  • Accounting to Balance sheet publication
  • Microsoft Office Suite
  • Detailed understanding and knowledge of the SAP modules, particularly the SAP-FI & CO module
  • Knowledge of maize industry would be advantageous
  • Foreign Currency markets & instruments
  • Business Information Systems
  • Business Risk Model
  • Insurance policy and claims legislation and terms
  • Recruitment and Selection
  • Performance managements systems
  • Financial Management Measurement systems

Experience
  • A minimum of 3 years in senior financial management position.
  • Relevant or similar industry experience will be advantageous