Regional Financial Controller

SUMMARY:
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POSITION INFO:
REQUIREMENTS BCom or National Diploma (Financial Accounting) Chartered Institute of Management Accountants (CIMA) Deep understanding of financial principles, accounting standards, and cost management in the manufacturing sector Compliance and risk management Forecasting Digital and technological savvy to enhance financial processes and reporting accuracy Analytical and problem-solving:  uses data driven approaches to analyse financial performance, forecast trends, and solve problems Ethical judgement and integrity:  maintains the highest standard of financial integrity and transparency, and upholds ethical principles Collaboration:  builds strong relationships with cross-functional teams (production, procurement and sales) to ensure financial goals are integrated into business processes Resilience and adaptability: thrives in the fast-paced, high-pressure environment of automotive manufacturing and adapts quickly to changing priorities RESPONSIBILITIES Compile and provide accurate and timely financial information to various plants to make informed business decisions Financial strategy: general financial management Provide financial analysis and support to management and all operational areas of the business Monitor and support debtors and creditors Maintain the fixed asset register Control inter-company balancing Review weekly payroll Review and action financial variances (budget\/ forecast) Review and action balance sheet account variances Ensure compliance with IFRS Maintain the plant's Capex and tooling reports Generate information and reports for internal and external use Internal control Comply with internal controls Maintain and review the risk register Budgets\/ forecasts Participate in the budget\/ forecast process Prepare budgets and forecasts for plants Prepare plants P\/L and balance sheet forecasts Financial reporting Financial pack Prepare financial reports and returns (monthly BU\/ plant financial packs) Flash results Compile the BU\/ plant flash results and analyse variances Weekly sales report Compile and review weekly sales reports General ledger Prepare provisions and accruals Compile royalties schedule for month-end processing Prepare general ledger journals Compile general ledger reconciliations Capex, tooling and fixed assets Prepare and maintain a Capex and tooling register tracking actual spend against approved spend, planning future profitability and cash flows of the projects Prepare Capex requisitions with all relevant information regarding the Capex project Support useful life and residual value of fixed assets analysis Maintain the BU\/ plant tooing reports  Audits and year-end processes Prepare and plan year-end statutory audit (external and internal) in line with the consolidated audit plan Prepare and arrange royalty audits Costing Calculate landed cost on all import shipments Prepare\/ review DA 190 (declaration of imported components and raw materials) Investigate purchase price variances (PPV) Generate variance report of actuals to budgeted information Stock control Compile daily stock holding report Oversee stock takes Assist with investigating stock count variances Overall responsibility for stock Cash management Oversee cash management function of the plants Monitor daily cash positions and cash flows to ensure settlement and maximise performance Manage cash flow and working capital for the plants Debtors management Review debtors age analysis, providing an analysis and action plans for debt collections Creditors Review creditors age analysis, and GRNI providing an analysis and action plans Forex Review forex forecasts Plants FEC contracts based on AP requirements Continuous improvement Identify improvement opportunities and make recommendations for improvements Participate in continuous improvement initiatives Reporting Prepare financial reports and returns Generate information and reports for internal and external use People management Ensure an enabling climate\/ culture Ensure a safe, secure and legal working environment Manage individual, team and departmental performance to achieve organisational objectives Determine the training needs of the department Coach and counsel people to ensure improved performance levels Ensure discipline is maintained in the department (absenteeism, lateness, overtime, misconduct, etc.) Resolve grievances and disputes SHE Identify potential hazards and critical safety issues in the workplace Address workplace hazards and risks Work safely and use safety equipment