Finance Manager

Overview

We are a Supply Chain and Sales & Merchandising partner adding value to your business through a fully integrated, temperature-controlled network in Southern Africa.

But we are also more than that. We are people serving people. While we boast the best in tech and infrastructure, our people are our greatest resource. With our skilled, curious, can-do people at the forefront, our assets become your assets, our service your solutions.

Vector’s vehicle fleet includes a food industry first in ‘multi-temperature’ vehicles enabling the company to service business across frozen, chilled and ambient temperature zones on a single delivery.

Job Purpose
To consolidate and manage internal and external Company financial reporting.

• Participate in the formulation and implementation of the national finance strategy, based on a 2 to 5 year view of requirements.
• Provide strategic input into the Business.
• Ensure that assigned and agreed strategic targets are ope rationalised and achieved.

• Oversee and manage IFRS compliance.
• Ensure that the general ledgers (Business directly and operational ledgers indirectly) and subsidiary books are maintained according to Company policy and IFRS.
• Ensure that monthly general ledger reconciliations are completed and reconciling items resolved.
• Ensure that the monthly close-off of accounts fairly reflects the monthly results of the Business

• Manage the centralised creditors departments for both the PSD and CSD businesses.
• Ensure all supplier accounts are reconciled and paid according to terms and agreed pricing conditions.
• Ensure all distribution fees and charges for services rendered are recovered from customers and principals in line with agreed contracts and pricing agreements.
• Ensure all queries and claims are followed up and cleared timeously.
• Engage with suppliers and the relevant Customer Manager where necessary to resolve difficult claims and elevate to the Customer Director if there is an unresolved dispute.

• Manage statutory financial close-off across the Business.
• Manage and oversee that the required interim and year-end reporting schedules are completed.
• Liaise with internal and external auditors.
• Review the annual financial statements for the Business.
• Manage and oversee compliance with the VAT legislation.
• Ensure income tax compliance and manage tax risks across the Business including identifying risks, assessing their possible impact and following up interventions to ensure compliance.

• Manage the accurate and prompt submission of all income tax returns.
• Provide input regarding compliance with company law in conjunction with the legal department thereby ensuring compliance with commercial law and legislation generally.

• Review monthly reports for consolidation into the Executive Board report ensuring completeness, accuracy, alignment with strategy and overall insightful/meaningful commentary.
• Compile monthly management report on financial results.
• Provide ad hoc information and reports to decision makers on an ongoing basis.
• Ensure efficiency ratios are reported and managed across the Business.

• Contribute towards the completion of the Company’s budget process and delivery within deadlines.
• Complete the consolidated company budget schedules and submit to Group Head Office within deadlines.
• Provide input regarding the formulation of the operational budgets.

• Monitor and report the Business’s capex spend and authorisations on a monthly basis and ensure the relevant schedules are completed timeously for the interim and annual reporting packs.
• Ensure all capex approvals are completed in line with company policy and authorised according to the appropriate levels of authority.

• Ensure the assets of the company are fairly reported in SAP through periodic asset verifications and compliance with IFRS principles.
• Ensure appropriate wear and tear and depreciation rates are applied consistently and in line with IFRS principals and current tax legislation.
• Manage assets movements, additions, transfers and disposals.

• Manag…