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.
Duties and Responsibilities: Strategic Financial Leadership- 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.
Financial Management & Reporting- 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.
Risk, Compliance & Asset Management- 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.
IT Systems & Process Management- 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.
Procurement & Inventory Management- 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.
People & Cost Management- 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.
Supervisory Responsibilities- Oversees the IT and Stores departments in addition to core financial responsibilities.
Closing Date:Submissions for this vacancy will close on the 18th of February 2025, however, you will still have the opportunity to submit your CV for this position till 11 March 2025.
Please Note:Thank you for submitting your CV to Marvel Placement Consultants. We value your submission, and we try our utmost best to get back to each applicant. However, should your application be successful, we will be in contact with you. Should you not hear from us within two weeks of application, please consider your application as unsuccessful. We are however recruitment specialists and will keep your details on our database for possible future opportunities.
PoPI Act:Please note that Marvel Placement Consultants adhere to the POPI Act (Act No. 4 of 2013: Protection of Personal Information Act, 2013). Section 9 of PoPI states that “Personal Information may only be processed if, given the purpose for which it is processed, it is adequate, relevant and not excessive”.
