Job Description

Our client, a national leading supplier in their industry, currently seeks a qualified Chartered Accountant to manage the Financial, Administrative, Governance and Commercial functions for the Business Unit in line with divisional objectives.

Minimum Job Requirements:

• Qualified CA (SA).
• CIMA qualification an advantage.
• Min. 5 yearsxe2x80x99 experience in a similar role
• Commercial experience.

The Job:
Report directly to the General Manager:

• Strategy:

• Participate in formulation and implementation of the Business Unit financial and commercial strategy.
• General Financial & Commercial Management:

• Provide financial analysis and support to management and all operational areas of the business.
• Participate in negotiations with customers and suppliers in order to achieve the agreed strategy.
• Commercial Management:

• Prepare and review detailed product costing analysis for all new parts.
• Analyse all current parts and make recommendations for the financial recovery on distressed parts.
• Calculate and propose potential price increases.
• Lead all negotiations with customers regarding part pricing and requested increases.
• Lead all negotiations with major raw material vendors regarding part pricing and requested increases.
• Review DA 190 (Declaration of imported components and Raw Materials).
• Review royalty calculations.
• Manage Government grant applications.
• Manage & review tooling account.
• Internal Control:

• Compile and update the Risk Register.
• Manage and comply with Internal Controls.
• Reporting - Budgets/Forecasts:

• Prepare and review operational, sales and commercial budgets.
• Review and prepare sales, cost of sales, and operational forecasts.
• Review weekly sales reports and manage sales margins.
• Financial Reporting:

• Review monthly BU financial pack and identify variances.
• Review the divisional Flash results and action variances.
• Capex:

• Analyse the Divisional Flash Reports and review the BU Capex reports.
• Review project appraisals and valuations.
• Review Capex Spend.
• Audits and Year-End Processes:

• Prepare and plan year-end statutory audit (external and internal) in line with the consolidated audit plan.
• Review year-end reporting Accounting and Tax packs.
• Draft financial statements (income statements and balance sheets) for legal entities.
• Follow up and action audits findings.
• Prepare and update Corporate Tax schedules.
• Banking:

• Manage banking systems.
• Release all bank payments and transfers.
• Stock Control:

• Monitor and review stock holdings.
• Review all stock journals (adjustments).
• Review stock ageing and assess provisions for slow moving/obsolete stock.
• Debtors Management:

• Manage credit risk (debtors)
• Monitor and control credit notes

Sharon Nurock Recruitment