Regional Financial Controller

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

• 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