Manager Finance

  • AVBOB MUTUAL SOCIETY
  • Bloemfontein, Free State, South Africa
  • Jan 08, 2020
Permanent Finance & Advisory

Job Description

Introduction

The above-mentioned position is within our Manufacturing Division (Industries) in Bloemfontein

Specification

RESPONSIBILITIES INCLUDE:
  • Financial systems management
  • Establishing and maintaining mechanisms for budgeting, financial control, accounting, costing, reporting, treasury and funding.
  • Ensuring that the financial management information system functions as a subset of the overall internal control procedures that cover the members, documents, technologies and procedures used to solve Industries challenges.
  • Formulate policies and practices and develop, maintain and improve financial accounting processes and procedures for Industries.
  • Evaluate current business processes and systems and implement policies and procedures in relation to the maintenance of sound internal controls.
  • Financial planning and reporting.
  • Ensure that all the financial activities and documentation are in line with IFRS, Tax, and corporate governance standards.
  • Preparing and revising departmental budgets against the business plans.
  • Assist in the year-end financial statement audit and quarterly reviews with the external auditors, specifically in the preparation of audit schedules.
  • Manage the budget as a detailed statement of estimated income and expenses and a historical record of the department's activities during a given period.
  • To provide accurate information to adjust, analyse and evaluate programs and activities.
  • To present budgeted financial statement on a monthly basis with deviation explanation.
  • Manage capital budget process.
  • Present sound financial statements of industries in line with time lines.
  • Financial control.
  • Financial reporting.
  • Ensure compliance to all policies, procedures and systems with legislative, shareholder and statutory requirements (including FSCA, PA, treasury regulations) and advice accordingly (including advice on corporate governance).
  • Manage human resource in the department and provide required inputs, evaluation and feedback to ensure the effective functioning of the team.

Requirements

QUALIFICATION AND EXPERIENCE
  • B. Com degree or equivalent
  • Manufacturing experience advantageous
  • Knowledge of International Financial Reporting Standard (IFRS) and International Accounting Standards (IAS) and local accounting practices.
  • Knowledge of relevant financial legislation (i.e. Public Finance and Management Act)
  • Knowledge of Financial Modelling
  • Knowledge of Company Business Planning and Business Management Principles
  • Knowledge of Taxation (Company, Personal and VAT)
  • Organising and Business understanding
  • Strategy
  • General management skills

Application Deadline

Jan 15, 2020