FINANCIAL & INVESTMENT ANALYST

Due to the transfer of the existing incumbent (who is the Financial Director) to a fellow Subsidiary, this position has become available. Take full financial responsibility for 2 separate manufacturing businesses whose plants are in different locations on the East Rand but has 1 Financial Department. This Company forms part of a multi-billion Group and the ultimate Holding Company is based in the USA. It forms part of 7 other Industrial Subsidiaries in SA and the Group has operations in both Europe and USA. It employs 200 staff and a large percentage are based in the plant. It is budgeted to make a handsome profit in the 2022 year. The Group uses Syspro which is in the cloud, has a Central Server in SA and uses Hyperion for all its reporting. The candidate will form part of the OPCO & Management Team and the culture is a very tightly knit one. The financial staff have been employed for many years, are highly capable and go the extra mile to ensure the success of the Company.

Key performance areas, inter alia, include:

• Manage, motivate and control this smallish and very efficient Financial Department consisting of 2 Financial Accountants (for each business & plant) who in turn manages Debtors, Creditors, Wage Administrator and there is also a Cost Accountant and Inventory Co-ordinator.
• Oversee the day to day financial and costing demands of this position which are broad and various. This includes supporting and advising other Departments in the business especially Sales & Operations as well as the MD. There are also ongoing CAPEX requirements and motivations which have to be prepared together with stock takes and analysis thereof and problem areas have to be resolved (inventory has been a challenge in one of the businesses over the last year). The current incumbent has made it a point to be involved in operations, technology, sales & marketing, procurement and other areas in the business where she has obtained an excellent insight in the overall business activities. This is expected of the current incumbent as well.
• Monthly financial reporting including management packs completed in Hyperion noting that there are very stringent deadlines to the USA, monthly cashflow forecasts, costing (there is a standard costing system used and standards are updated as and when required), variance reporting (both related to the plant plus budget versus actuals), overseeing all statutory returns as well as debtors, creditors, inventory and fixed assets.
• Annual budget preparation and controlling external year-end audit (it is a December year-end) as well as year-end taxation and deferred tax calculations. There is also annual insurance policy renewals and hedging Company’s foreign currency exposure. There are a number of Models set up in Excel by the existing incumbent which need to be modified over time. Being a multi-national, ongoing internal audits are carried out periodically and ad hoc projects and information are required.

Requirements:

• CA (SA) and the candidate must have a manufacturing or engineering background. An understanding of a factory environment with the ability to be involved in the commercial activities of the business.
• It is highly recommended that the candidate has experience in Syspro and Hyperion with superior Excel skills. Ability to create positive interpersonal relationships, be a team player and have a fairly outgoing personality. Able to multi-task on an ongoing basis is a prerequisite for the success in this role and to handle continuous pressures and deadlines, noting that the volume of work can be excessive at times.
• Commercial acumen together with experience in other business disciplines like purchasing, inventory, contracts, insurance, hedging, manufacturing costing are also recommended.

Apply on-line or alternatively phone Gerald Lilian on (011) 4841790.

Be advised that if you do not receive a response within two weeks from date of submission of your CV, then please deem your application as unsuccessful.