Finance Managers

SUMMARY:
Join Our Team: Finance Managers Wanted 🌟
 
Are you ready to ignite your career with a company driven by passion for talent and a commitment to excellence? We are currently seeking two dynamic Finance Managers to join our thriving Baking business and finance team located in Pretoria West. One position is available for our Milling Operating Unit, and the other for our Bread, Buns, and Rolls Operating Unit.
 
As a Finance Manager, you'll collaborate closely with the Finance Executive, Business Executives, and cross-functional teams within a dynamic matrix environment. We're searching for individuals with a demonstrated history of leading finance teams and fostering cultures of high performance and exceptional customer service.

POSITION INFO:
Key Responsibilities:

• Deliver accurate and timely financial reporting
• Ensure adherence to corporate governance standards
• Make operational decisions efficiently to optimize resource utilization
• Align with stringent timing requirements to meet business objectives

• CA (SA) with 5-8 years post-article experience

• Proven track record of reporting and financial management
• High attention to detail and analytical precision
• In-depth understanding of Financial accounting principles and practices
• 3 - 5 years experience in a management role leading teams
• Experience in managing an Accounts Payable/Creditors team
• In-depth knowledge of the FMCG market and its challenges
• Good understanding of Tax and VAT Acts
• Syspro or SAP experience would be advantageous

• Manage the daily finance functions for the operating unit.
• Ensure financial oversight over the respective manufacturing site, ensuring company policies and internal controls are adhered to.
• Provide financial and operational support to the Finance Executive.

• Ensure financial completeness, and maintain general ledger and subsidiary ledgers in accordance with IFRS and Group policy.
• Review, assess, and recommend levels of provisions.
• Monthly review of all general ledger balance sheet reconciliations.
• Oversee monthly financial month-end close, ensuring deadlines are met.

• Complete the business plan & forecasting processes, specifically focused on Balance Sheet Drivers & ROIC.
• Complete divisional consolidation of business plans and forecasts.

• Provide financial reporting for the operating unit as required (monthly, quarterly, and annually).
• Report back on 12-month rolling stats and identify opportunities within capital structure or working capital investment to improve ROIC.
• Conduct monthly working capital reviews.
• Provide treasury updates (loans/interest costs).
• Perform 5-year cash flow forecasting against operational requirements and capital investments.

• Compile all year-end reporting packs.
• Coordinate the year-end external audit.

• Address queries arising from RCL Head Office.
• Assist stakeholders with various queries regarding business processes.
• Assist in the compilation of documents and schedules for Ad hoc audits (BEE, Food Safety, etc).
• Submission of reports for the purposes of Statas, updating banking documentation, etc.

• Implement processes and controls ensuring company cash policies are adhered to.
• Manage daily cash requirements.
• Submit the consolidated cash flow to RCL Treasury.
• Oversee cash forecasting (weekly and daily) as well as spend reporting.
• Perform all functions associated with a banking signatory across the Bakeries and the Mill.
• Release daily payments and approve once-off cash book payments.

• Support the fixed assets team to ensure annual physical asset verification is performed within timeframes.
• Support the fixed assets team to ensure useful lives and residual value reassessments are performed annually in compliance with IFRS.

• Continuously identify and pursue opportunities to improve control procedures.
• Follow up on audit queries and ensure corrective action is taken by responsible teams.
• Ensure compliance with approved procedures by performing control checks.

• Provide oversight of team processing invoices, credit memos, and receipts where relevant.

• Manage the finance team.
• Ensure team members are adequately developed and managed proactively to ensure quality delivery.

• Act as the conduit between business and various central finance teams to ensure effective communication and finance deliverables are met.
• If you're ready to contribute your professionalism and expertise to our mission, we invite you to explore this exciting opportunity with us.

NB! This job is now closed. You can apply for other jobs by uploading your CV.