Financial Director - Durban

SUMMARY:
Reports To: 
The Financial Director will report to the Managing Director  and is a member of the Executive Committee. 
Overview: 
To provide financial advice and support to senior executives and to be responsible for the finance department that ensures compliance with accurate reporting. The role includes other support functions such as Information Systems , Procurement and Payroll.

POSITION INFO:
Key responsibilities: Budgets Oversee, review, present and monitor departmental budgets and assist each department head to produce accurate statements. Provides Executive management with clear concise information, both in a summarized overview as well as detailed, line for line, month by month statements. Strategic function Analyze the financial climate, consider macroeconomics and make recommendations on creating strategic decisions which will contribute to the long term sustainability of the business. Interpret complex financial information, consider foreign exchange risk and make recommendations that will limit risk and save the organization unnecessary cost. Represent company as required at key external stakeholder functions and events. Ensures that external messages and relevant information are communicated back into the business via the appropriate forums Corporate Involvement Monitors, updates and reports on financial matters at centralized meetings. Ensures appropriate Transformation reporting standards are maintained in line with the relevant legislation Create and maintain relationships with service providers, including banking institutions and external and internal auditors. Leads the implementation of the Socio Economic Development strategies and focus areas. Implement strategies for Procurement, Enterprise Development and Supplier Development to maximize points in terms of the BBBEE score card. Preparation of financial feasibility models for capital intensive projects Review the tagging process for the Financial statements before uploading onto CIPC Completion of the annual insurance declaration Finance department management Ensures the members of the team are properly recruited, trained and fully functioning. Controls the finance team's leave, availability over busy periods and plans audits with internal and external auditors. Ensures that the department always has sufficient resources to operate (even during load shedding). Ensures that the finance department is always running on the most appropriate software and that all staff are properly trained. Review of monthly finance and payroll reconciliations Implement internal controls should any findings be reported by internal or external auditors Business Development Identify problematic areas that need investigation and implement practical solutions where necessary. Do relevant research and prepare documents that will enable the senior executives to modify rates, marketing strategies, business opportunities, cost cutting solutions and identify other initiatives that will contribute to the sustainability of the organization. Reporting Prepare Annual Financial Statements and Annual tax return and completion of provisional taxes Prepare monthly, quarterly and annual financial reports Prepare EXCO quarterly reports, quarterly Board meetings, Risk reports, keep minutes and ensure Board resolutions are kept up to date. Report to the various committees on risk, audit, insurance and to all relevant stakeholders as required TEAM LEADERSHIP Display outstanding values, culture and team leadership (including employee engagement and development) Provide clear direction and sets appropriate standards of behavior Motivate and empowers others QUALIFICATIONS, SKILL AND EXPERIENCE Qualified Chartered Accountant Minimum of 10 years' relevant and proven experience. Prior Freight or logistics industry experience will be a distinct advantage Excellent computer skills including spreadsheet manipulation, report writing and the preparation of presentations. Ability to execute at pace and to adapt quickly to external and internal influences Composure and agility when dealing with management issues, whilst inspiring confidence Excellent people management skills in facilitation as well as leadership roles Strong business knowledge and commercial acumen Must maintain Professional accreditation status, membership of recognized bodies and keep up to date with changes in Accounting policy. Exceptional communication, planning, organizing, relationship building and analytical skills Initiative to work independently, often under tight deadlines Should you not receive a response within 10 working days, please consider your application as unsuccessful