Financial Controller

SUMMARY:
To control the financial and Administrative Functions for the Gauteng Plants in line with Business Unit objectives. Company based in Pretoria.

POSITION INFO:

BCom Accounting or equivalent with 5 years’ experience

MUST HAVE AUTOMOTIVE MANUFACTURING EXPERIENCE - NON NEGOTIABLE

Process

Financial Strategy:

• Participate in organisational strategy management from a financial management perspective

 General Financial Management:

• Provide Financial analysis and support to management and all operational areas of the business

 Internal Control:

• Compile and update the risk register
• Manage and comply with internal controls

 Budgets:

• Prepare Operational budgets

 Forecasts:

• Prepare sales, cost of sales and operational forecasts
• Review all forecasts.

 Financial Reporting

• Prepare financial reports and returns (Monthly BU/ Plant Financial Pack)

Weekly Sales Report:

• Review weekly sales Reports.

 General Ledger:

• Review balance sheet Account reconciliations, actioning account variances
• Review and authorise Journal entries

 Audit and Year-End Processes:

• Prepare and plan year end statutory Audit deliverables (External and Internal) in line with the consolidated Audit plan
• Conduct a final Review and submit to Holding Company
• Prepare and update Corp Tax schedules

Banking:

• Approve all new creditors
• Release weekly bank transfer 

Cash Management:

• Monitor daily cash position and cash flows to ensure settlement and maximise performance
• Manage cash flow and working capital

 Forex:

• Prepare Forex forecasts
• Authorise foreign payments

 Costing:

• Make recommendations for the financial recovery on distressed parts
• Review DA 190 (Declaration of Imported components and raw materials)

 Fixed Assets & CAPEX:

• Reassess useful life and residual value of fixed Assets
• Initiate requests for CAPEX/Disposal/Transfers
• Maintenance of the fixed asset register
• Compile the BU/ Plants Capex Reports

 Statutory Returns:

• Prepare and submit government incentive applications
• Manage the Bond/Rebate store register.

 Stock Control:

• Monitor and review stock holdings
• Review all stock journals (write-offs, write-ons, etc.)
• Make provision for obsolete stock
• Oversee stocktakes

 Creditors

• Review and authorise Creditors payments

Debtors:

Credit Vetting:

• Calculate the repayment ability and assess the credit risk of potential clients

 Debtors Management:

• Manage credit risk (Insure Debtors Book, etc.)
•  Monitor and control credit notes

 Tooling:

• Review tooling account

Reporting:

• Analyse and interpret finance reports and statistical data
• Prepare Finance reports and returns
• Generate information and reports for internal and external use

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