Job Description

Main Purpose of Position:
The Financial Manager shall be responsible for the administrative, financial and risk management operations of the company to include the development of a financial and operational strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. The position will require the employee to report to the Managing Director.
Key Responsibilities:
The work and responsibilities will cover a range of activities, including inter alia the following duties:
Cash flow management.
Accounts receivable Management.
Contracts Management.
Management of forecast and budget.
Management of Audit requirements.
Full Tax Management.
Financial Reporting.
Accounts Payable Management
Planning
Assist in formulating the company's future direction and support strategic initiatives.
Monitor and direct the implementation of strategic business plans.
Develop financial and tax strategies.
Manage the capital request and budgeting processes.
Develop performance measures that support the company's strategic direction.
Operations
Participate in key decisions as a member of the executive management team.
Maintain in-depth relations with all members of the management team.
Manage the entire Accounting department.
Complete financials and forecasting on a monthly basis.
Ensure compliance with IFRS.
Ensure costing and inventory values and provisions are accurate.
Ensure that controls are designed, implemented and operating effectively to ensure accuracy in financial reporting.
Staff Management
Lead and develop staff members and ensure the finance team performs optimally
Financial Information and Administration
Oversee the issuance of financial information.
Personally compile, review and approve monthly Board packs, management accounts and reports , which include current month results and full year forward forecasts.
Report financial results to the Board of Directors.
Oversee cash management.
Data and profitability analysis.
Review and approve all journal entries and ensure these are appropriate
Annual External Audit
Ensure the audit is completed within the stipulated deadline.
Complete and review the annual audit pack.
Annual Budget Preparation
Plan the budget and 3-year forecast process.
Collate the departmental budgets.
Consolidate and review reasonableness of budgets and submit to Reunert within timelines.
Submit the 3-year forecast as part of the strategic review
Risk Management
Understand and mitigate key elements of the company's risk profile.
Construct and monitor reliable control systems.
Maintain appropriate insurance coverage.
Ensure that the company complies with all legal and regulatory requirements, i.e. (Good Governance, IFRS).
Ensure that record keeping meets the appropriate level of requirements.
Report risk issues to the Managing Director and Risk Committee of the Board of Directors.
Ensure compliance with all policies and procedures, delegation of authorities.
Ensure all financial controls are designed, implemented and operating effectively and perform quarterly self-assessments to ensure compliance.
Accounts Payable
Maintenance of payables and ensuring appropriate cash management and payments to vendors
Ensure approval processes are followed in accordance with delegations of authority
Accounts Receivable
Maintenance of receivables and ensure that cash collections are within credit terms of customers