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:
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
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.
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.
Provide support to the business by ensuring that practices and decisions made progress the sustainability goals of the company
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:
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
A minimum of 3 years in senior financial management position.
Relevant or similar industry experience will be advantageous