Financial Manager Needed for a Manufacturing Company based in Sandton

Financial Manager Needed for a Manufacturing Company based in Sandton

Preferred Skills / Prerequisites:

• 7+ Years experience in Manufacturing industry
• Strong financial presentation and management skills
• Ability to prioritize, delegate and follow through tasks with a team
• Self-directed with proven ability to research complex issues, work independently, and multitask
• several projects efficiently
• Strong interpersonal skills, capable of developing and sustaining effective peer, project, and
• supporting organizational relationships
• Skilled with Excel for data manipulation and analysis such as pivot tables, lookups, etc.

Minimum Qualifications:

Accounting Related Qualification (CA(SA), CIMA,)

Completed article (SAIPA or SAICA)

Salary:

Market related + Pension benefit (R95 000 CTC)

Financial Reporting:

• Upkeep of internal financial and accounting policies and procedures such to ensure adequate
• controls are established and that substantiating documents are in place.
• Ensure compliance with internal financial and accounting policies and procedures.
• Document and maintain complete and accurate supporting information for all financial
• Prepare monthly management accounts.
• Oversee and contribute to the production of monthly reports and other financial statements for
• use by Executive Management, the Board of Directors and / or the Audit and Risk Committee.
• Attend management meetings.
• Report any irregularities or perceived irregularities to the Board for consideration and
• Reporting of financial results to the Group head office.
• Maintenance and balancing of intergroup loan, debtors and creditors accounts.

Budget Preparation and Management:

• Prepare annual budget and present to the Board of Directors.
• Directly assist the MD and play an important role on the senior management team on all
• strategic matters as they relate to budget management.
• Assist department heads with setting of department budgets, as well as the monthly tracking of
• budgets to actuals.
• Approve various department spend – compared to budget.
• Provide MD and senior management with an operating budget and work with them to ensure
• success through cost analyses

• Revenue:
• Assist with the setting of annual revenue budgets
• Remain actively involved in weekly revenue forecast/tracker updates; provide guidance to
• Business Development Executives in updating trackers and attend weekly sales meetings
• Assist with the preparation of monthly revenue report, to report any overs/under on revenue
• targets
• Oversee the monthly increase process (to be done according to raw material movements)
• Investigating and commenting on GP% variances.

Stock and warehouse:

• Develop, implement and maintain procedures around stock and the warehouse function to
• ensure that stock is accounted for accurately
• Valuation of stock (Raw material, WIP, FG) accurately monthly and calculating the overhead
• Attending stock counts

Compliance:

• Ensure timeously submission of WCA annually
• Ensure statutory compliance by correct and timeous submission and payment of VAT
• (monthly), Bag levy (quarterly), PAYE (Monthly & Biannually) and PROV tax (Bi-annually).
• Managing, Collecting and submitting supporting documents to SARS for tax verification and
• disputes (VAT, PAYE, SDL, UIF, BAG LEVY)
• Liaise with internal audit
• Manage & liaise with external auditors

Remuneration and Payroll Preparation and Administration:

• Assist with timely calculations of commission, increases and salaries and wages for staff as
• well as management bonuses along with Board approval when necessary.
• Oversee the payroll function to ensure that employees are paid timeously and accurately
• including annual increases, overtime, commission and bonuses
• Assist with the approval of new employee remuneration packages
• Oversee the leave administration function and ensure that leave is taken in accordance with
• the leave policy and guidelines.

Send CVs to: redlinerecruitmentcvs@gmail.com