Financial Director - Durban, South Africa - Morpheus Recruitment

Morpheus Recruitment

Verified Company

Durban, South Africa

3 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Our client in the manufacturing and engineering industry requires a Financial Director (CA) SA in Richards Bay, Durban.

JOB DESCRIPTION:

Requirements Include:

Fully Bilingual in English and Afrikaans
Qualified CA (SA) with more than 10 years' experience
Manufacturing/ Engineering background
Procurement and Inventory experience
Ability to manage and lead a team

Duties include:

Taking control of all financial disciplines required for the smooth running of the operations
Oversee the preparation of monthly management accounts
Continuously consider costsaving opportunities or areas where waste/inefficiencies could be eliminated and influence corrective action by line management
Put in place the appropriate controls and procedures to track and report costs and GP margins per job.
Manage and control the reporting of the work in progress per job
Manage the Finance team to ensure reconciliations are completed within due dates and all reconciling items are resolved timeously
Oversee the monthly financial and management reporting
Controlling and tracking the working capital cycle with a focus on accurate cash flow forecasting to meet operational requirements
Manage the collection of debtors within the company's normal credit terms
Deal in foreign exchange contracts for both imports and exports in order to minimize foreign exchange risks
Manage the preparation of yearend working files for audit
Liaising with external and internal auditors
Manage the preparation and submission of annual tax packs
Develop and manage the annual budgets
Engaging with customers and suppliers (both local and international) on commercial terms to ensure financial and operational risks are limited
Ensuring compliance with local laws and regulations
Review of insurance requirements, submission of annual declarations, and tracking of claims
Supervision and training of staff
Project management of various system implementation projects
Responsible for the entire store's department and management of inventory
Oversee the entire HR function for both salary and wage employees for the division
Improvement of system processes
Automation of manual processes and reporting
Managing various IT projects ensuring successful implementation
Hardware/software maintenance and upgrade requirements