Financial Manager CA(SA)

SUMMARY:
Financial Manager CA(SA)

We are seeking an experienced Senior Financial Manager CA(SA) to join a globally recognised mining group. The ideal candidate must have a minimum of eight years' experience in a manufacturing environment, including at least four years in a managerial role.
Reporting directly to the Managing Director and Executive Board, the successful candidate will play a key role in the company’s financial strategy and operations. This position is based in Meyerton, Gauteng.

POSITION INFO:
Minimum Requirements:

• Registered Chartered Accountant.
• A minimum of eight years' experience in a manufacturing environment, with at least four years in a managerial role.
• Proficient in JD Edwards enterprise resource planning (ERP) system.
• Extensive knowledge and experience in conducting and managing financial audits.
• Valid Drivers Licence and Own Vehicle.

• Contributes to the development of the company’s business strategy and five-year plan as a key member of the executive management team.
• Advises the Board on dividend policy and funding strategy to ensure financial sustainability.
• Ensures the establishment of robust financial reporting, accounting systems, and internal controls in compliance with statutory regulations, GAAP, and internal company requirements.
• Oversees the implementation of a suitable information technology infrastructure to support the company’s strategic objectives.

• Ensures timely preparation and submission of management accounts and reports by:
• Facilitating the integration of Financial and Cost Accounting Reports.
• Controlling Payroll administration and Finished Product reports.
• Ensuring all financial reports are accurate and compliant.
• Manages cost and financial accounting processes, including:
  • Monthly statutory returns and general ledger reconciliations.
  • Inventory reconciliations and stock adjustments.
  • Preparation and oversight of the five-year company budget, covering CAPEX, production costs, maintenance, and labor costs.
  • Maintenance of the company’s asset register.
• Oversees the financial year-end process, ensuring:
  • Effective coordination with external auditors and resolution of outstanding audit issues.
  • Accurate financial reporting and variance analysis.
  • Submission of statutory financial statements.
  • Conducts project accounting and financial feasibility evaluations as required.
• Manages treasury operations by:
  • Overseeing foreign currency transactions, hedging policies, and financial instruments.
  • Engaging with financial institutions on investments, loans, exchange rates, and forward cover.
• Ensures sufficient funding for capital and operational expenditure by optimizing the company’s gearing for profitability.
• Manages payroll operations through an external service provider, ensuring compliance with legal and company standards.

• Manages the organization’s risk exposure by:
  • Conducting business risk assessments.
  • Defining and negotiating insurance policies while controlling insurance costs.
• Administers property lease agreements and site services contracts, including canteen, medical station, and facility management.
• Serves as a member of the Provident Fund and Medical Aid Management Committee.
• Ensures compliance with financial and tax regulations, including:
  • SA Income Tax, VAT, UK VAT, Australian General Sales Tax, and Customs & Excise Tax.
  • The Companies Act and GAAP reporting standards.
  • Reports on the company’s financial status, including budget variances, on a monthly basis.

• Ensures effective IT service provision through external service providers under a Service Level Agreement (SLA), covering:
  • Network infrastructure, operating systems, servers, and Helpdesk support.
  • JD Edwards Enterprise Resource Planning (ERP) system for finance, general ledger, procurement, production, and maintenance processes.
• Compiles and manages the IT budget to support business operations.

• Oversees efficient asset and inventory management by:
  • Establishing and maintaining optimal stock levels (excluding raw materials).
  • Ensuring security and accurate record-keeping of inventory.
  • Procuring goods and services within defined cost, quality, and timeline parameters.
• Implements vendor management strategies by:
  • Establishing a preferred supplier list.
  • Developing and managing vendor contracts with a focus on performance and compliance.

• Ensures financial staff are trained, skilled, and utilized effectively.
• Fosters a positive work environment to boost staff morale and productivity.
• Manages the Finance Department budget and assists with the company’s annual budget compilation.

• Oversees the IT and Stores departments in addition to core financial responsibilities.