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Financial Manager

- Manafacturing Concern

Location: Durban

Date Posted: 2018-12-03

Post Expire: 2018-12-14

Duties and Responsibilities:
*Taking control of all financial disciplines required for the smooth running of the operations
*Oversee the preparation of monthly management accounts
*Instilling the accounting discipline to process transactions timeously, rid batch processing and dual capturing and move the organization towards reporting on the 3rd day of the month after closing
*Analyze the financial climate and market trends to assist Executive Management in creating strategic plans for the future
*Continuously consider cost saving opportunities or areas where waste/inefficiencies could be eliminated and influence corrective action by line management
*Manage the development of static reports and dynamic dashboards that provide complete, reliable, accurate and timely business information for management reporting purposes
*Continuously identify and pursue opportunities to improve control procedures
*Take control of the overall costing functions
*Manage the Finance team to ensure reconciliations are completed within due dates and all reconciling items are resolved timeously
*Oversee the monthly financial and management reporting to Head Office
*Controlling and tracking the working capital cycle with a focus on accurate cash flow forecasting to meet operational requirements
*Take control, monitor and report
*Working closely with the General Manager to make sure Debtors don’t compromise credit limits
*Collection of debtors within the company’s normal credit terms
*Manage the preparation of year end working files for audit
*Liaising with external and internal auditors
*Manage the preparation and submission of annual tax packs to head office
*Measure, control and track return on capital expenditure
*Develop and manage the annual budgets
*Ensuring compliance with local laws and regulations
*Review of insurance requirements
*Supervision and training of staff

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