Financial Controller

Recruiter:

SHARON NUROCK RECRUITMENT CC

Job Ref:

DUR002174/SN

Date posted:

Tuesday, July 6, 2021

Location:

Durban, South Africa

Salary:

Market related

SUMMARY:
Our client, a large national manufacturing company, currently seeks an experienced Financial Controller to maintain and update the general ledger in order to provide timeous and accurate financial accounting information for input into the management reporting process.

POSITION INFO:

Minimum Job Requirements:

B.Com or National Diploma in Financial Accounting.
Minimum 5 years experience in a similar role.

Key Performance Areas:

Assist with input into financial strategy.
Provide financial analysis and support to management and all operational areas.
Maintain and update Accounting systems.
Prepare operational budgets & forecasts and load both on the system.
Prepare financial reports and returns (monthly BU management pack).
Investigate and action financial variances (budget/forecast).
Produce BU Flash Results and analyse variances.
Compile balance sheet account reconciliations
Investigate and action balance sheet account variances.
Prepare and post journal entries.
Liaise with central functions and facilitate reconciliations to substitute subsystem.
Prepare and plan year-end statutory audit (external and internal) in line with the consolidated audit plan.
Prepare ledger balances and an initial trial balance including all reconciliations, balance sheet accounts and supporting documentation.
Follow up and action audit findings. Liaise with Auditors regarding specific requirements.
Monitor daily cash positions and cash flows to ensure settlements and maximise performance.
Manage cash flow and working capital.
Revalue foreign creditors and bank accounts.
Prepare Forex forecasts.
Purchase Forward Exchange contracts.
Complete Capex/disposal/transfer applications.
Monitor and report Capex monthly spend vs. budget.
Together with Logistics department, manage stock holdings.
Prepare and submit insurance declarations.
Review and authorise creditors’ payments.
Maintain and update the Fixed Asset Register.
Prepare business tax returns (VAT, PAYE, SDL, UIF, WCA).
Comply with value-added tax administration.
Maintain and update the tooling account.
Manage credit risk (insure debtors’ book, etc.).
Identify improvement opportunities and make recommendations for improvements.
Participate in Continuous Improvement initiatives.
Analyse and interpret finance reports and statistical data.
Prepare financial reports and returns.

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

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