Financial Executive

SUMMARY:
An exciting Exco Leadership opportunity has become available at our client based in Parow, Cape Town.
The suitable individual will head up the financial team and provide sound financial advice for optimal business decision making.

Purpose of the position:
To manage Finance, Admin, IT and Planning functions (including all financial processes, reporting, financial budgets, forecasting, tax- and treasury management, imports management as well as the IT and payroll components) and to provide sound advice and support to Senior management for optimal business decision making.

POSITION INFO:
Key Responsibilities:

Financial Management

• Management of the budgeting and forecasting process
• Management of all banking relationships and payments
• Management of the invoice process
• Management of the reconciliation process (debtors/loan accounts etc)
• Management of forex payments
• Ensure general financial compliance
• Ensure treasury compliance
• Manage financial payroll function - monthly & weekly employees paid on time

• Manage external audit process
• Stock & GP Management, Forecasting and Analysis
• Cost Control Management - Report on Cost of conducting business
• Compilation and analysis of financial and statutory reporting

• Manage the Tax process in accordance with IFRS and/or local GAAP - timely & accurate submissions of (VAT, PAYE, TAX, etc)

• Provide input on company strategy

• Implement, maintain and optimise business processes

• Lead, develop and manage Finance team

• Manage IT function
• Maintain appropriate knowledge of the entire business and its impacts on the financial system

• Stock levels
• Stock management

• Qualified Chartered Accountant preferable however open to CIMA qualification
• Minimum 5-8 years' experience (post article experience) in a finance environment
• Experience in contributing to the development and execution financial strategy
• Experience in budgeting and risk management
• Experience in forecasting and data analysis
• Retail and/or manufacturing experience advantageous
• Knowledge of management accounting and reporting
• Knowledge of financial control environment and governance
• Forecasting, budgeting and Profitability Analysis skills
• Financial systems knowledge and the impact it has across the board
• Understanding of International Financial Reporting Standards (IFRS), VAT and other related taxes
• Cross functional integration skills
• Understanding of the business, industry and economic environment and relevant role-players
• Computer literacy: Advanced Level (MS Office Software and Financial systems)
• Competencies: Leadership; Problem assessment; Decision making; Business Acumen; Detail Orientation; Stress Tolerance