Head of Finance and Administration

SUMMARY:
Africa’s largest edible oil manufacturer requires a forward-thinking Head of Finance and Administration to drive financial performance and support business growth.  This role is key to the flow of financial information to the Managing Director, Board of Directors and Shareholders.

The role is not only to ensure accurate financial reporting and compliance but also proactively contribute to the strategic decision-making process, using financial data to drive efficiency, profitability, and long-term success.

POSITION INFO:
Skills and Requirements:

• CA (SA)
• Postgraduate Qualification advantageous
• Registration with relevant professional body recommended
• Advanced knowledge of IFRS and GAAP
• Min 7 years (post articles) experience in financial management. Including 4 years in a senior leadership role
• Manufacturing environment essentia
• Experience with hedge accounting recommended
• Proven strategic leadership leading a finance team, overseeing budgeting, forecasting and reporting
• Corporate governance and risk management – solid understanding and practical experience in ensuring compliance with legal regulations, risk management and corporate governance frameworks
• Deep understanding of financial management with strong business acumen to provide actionable insights and optimize resource allocation
• Stakeholder engagement – experience engaging with senior stakeholders such as the Board of Directors, Auditors and external partners

• Formulation, implementation and monitoring of internal controls and accounting processes to safeguard company assets
• Create workable information and reporting structure for management and employees and provide relevant information to enable them to make informed management decisions
• Provide sufficient and effective support to all areas of the Company through system design and formulation
• Ensure all Company policies and procedures are up to date, effective and appropriate for complete business support
• Financial planning and on-going advice for the Managing Director and Senior Management
• Formulate financial targets and annual budgets in accordance with the strategy determined by the Managing Director and Board of Directors
• Overall control of all financial transactions and accountancy matters, including audit systems.
• Oversee preparation of Annual Financial Statements and facilitation of External Audit
• Oversee BBBEE audit and implement improvements to Company BBBEE rating based on a minimum target set
• Monitoring of compliance against Company policies regarding capital requirements, hedging, debt, taxation, equity and acquisitions, etc.
• Responsible for ensuring that the regulatory requirements of all statutory bodies are met regarding all the Company’s financial affairs
• Responsible for overall cash management, both operational and hedging related, on an ongoing basis
• Review of monthly management and quarterly directors’ financial reporting packs
• Responsible for stock control and the implementation of procedures and control systems

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