Financial Controller

Location: Richards Bay, KZN, South Africa
Date Posted: 06-08-2018
Financial Controller
Our Client, based in Richards Bay, within the Engineering Industry is seeking a Financial Controller with Auditing Background as a HUGE ADVANTAGE.  The Financial Controller will be responsible for the financial management of the company from a strategic point of view to ensure that the business is maximising its profit and achieving the targets towards the Group and shareholders.  The Financial Controller will guide the CEO in his decisions.
  • Financial Management
    • Defines and calculates the KPI’s of the company.
    • Developing and delivering the organisation’s financial and business strategy.
    • Improving the systems surrounding all aspects of the organisation’s budgets, forecasts and business planning.
    • Supporting the Financial Manager in the development of the organisational and project budgets. Ensuring projects perform against budget by providing financial and monitoring reports, analysing variances and addressing potential problems with budget holders and managers.
    • Providing advice, support and training on financial issues to the organisation staff directly, or to members through the organisation programmes on a consultancy basis.
Daily / Weekly
  • Follow up on all Productive hours allocated to projects.
  • Ensuring the correct revenue is recognised and that the correct costs are classified and followed up on (include accruals balance %).
  • Follow up on the inventories of the warehouse and ensuring the correctness of stock and reconciliation of thereof.
  • Responsible for production orders, WIP analysis and reconciliation.
  • Follow up on the workload of the company.
  • Following up on all orders (Sales Price and Gross Margin) from their booking to their completion: ensuring the Gross Margin at booking is correctly calculated and following up on it until the 100 % completion of the project (hours spent per contract vs initial estimates).
  • MAR (Order book intake)
  • MCR (Cashflow report - forecast)
  • RB Package (Forecast)
  • AX Package (Off balance sheet liabilities)
  • Manage the systems surrounding all aspects of the organisation’s budgets, forecasts and business planning (explanation of variances, anticipation of variances and proposal of corrective actions).
Bi-Annually / Annually
  • PRT Package (Annual cash forecast)
  • Calculate the standard hourly rates
  • Insurance
  • Administrative agreements: management fees, rentals etc.
  • Any other duties as may be required by the Managing Director
Problem Solving
  • Stringent deadlines require excellent time management and stress management skills
  • To build and maintain a good relationships with the other departments of the company which will be keys to the success of the job·          
Key Relationships  
  • FSSA managers and employees in Richards Bay and Johannesburg,
    • External customers and consultants (South32, Auditors, etc)
Internal / External Impacts 
  • Knowledge of the Process is required to operate, monitor and maintain direct area of accountability and complete necessary work as per the accountabilities mentioned above.
  • Understand how changes to process conditions affect the area process outputs and how this impacts on other areas of the site from a compliance perspective.
  • Liaise with external auditors on completion of yearend audit
  • Provide financial support to the project teams, finance teams and business development teams, acting as the central point between the Finance function and other departments
  • Financial Accounting Degree 
  • Auditing background essential
  • Proven working experience as a financial controller 
  • 2 + years cost analysis / variance reporting experience
  • Experience with management of projects/manufacturing costs 
  • Involvement in overall business strategy 
  • Knowledge of SAP B1 
  • Good written and verbal communication skills
  • Good planning & organisational skills
R47k plus 13th cheque
Kind regards / Groete
ERMA DAVENPORT | Cell (+27) 082 882 3762  | F  (+27) 0866 000 516  | Skype Erma347_d |
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