Tshipi-Noto Open Vacancy

Duties & Responsibilities

· Developing strategic financial direction for the Tshipi-Noto group of companies, with key milestones and targets

· Providing accurate financial reports and interpreting financial information

· Ensuring compliance of all regulatory requirements from a Finance perspective

· Supervising staff and coordinating financial activities

· Monitoring and interpreting cash flows and predicting future trends

· Developing financial management controls to minimize financial risk

· Managing budgets, forecasts and net working capital projects

· Liaise with external auditors and internal auditors

· Reduction in Internal and External audit management report issues

· Assisting the General Manager with strategic forecasting for the business

· Value of input into key financial decisions taken

· Improvement on Cash Conversion Cycle (Working Capital Days)

· Implement effective Processes and Procedures that drive efficiencies and productivity within Finance department

Strategic Direction

· Interpret the company’s financial results to management and recommend improvements

· Review company bottlenecks and recommend changes to improve the overall level of company performance

· Cash flow management and forecasting, including measuring the budgeted cash flow vs actual cash flow and ensuring excess cash is managed accordingly

· Measurement and achievement of the prescribed EBITDA

Financial Reporting

· Assist with the preparation of the Annual Integrated Report

· Assist with the preparation of the Annual Impairment Tests

· Assist with the preparation of the Annual Financial Statements

· Cash flow consolidation and review

· Intercompany reconciliations

· Manage Budget and forecast processes

· Consolidation of Divisional budgets (I/S, B/S, CF and Capex) and preparation of Budget pack

Financial Analysis

· Divisional monthly results review

· Month end Divisional commentary for Exco submission

· Divisional WC Review and Commentary

· Preparation and Distribution of Divisional Reporting Packs

· Review of internal tax packs

· Review of Provisional tax computations

· Review of Operating Company AFS

· Compile key business metrics and report on them to management

· Create additional analysis and reports as requested

· Building and maintaining a forecast IS, BS and cash flow models

· Commentary of Accounts Receivable and Payable DSO’s

· Accounts Receivable and Payable Age Analysis review

· Set and Review of Annual KPI’s for self and staff

· Quarterly insurance review

· Identify and react quickly to problems and develop appropriate internal controls to minimize financial risk

· Conducting reviews and evaluations for cost-reduction opportunities

· Prepare ad hoc analyses and reports as required

· Attend to ad hoc queries as required

· Relationship Management

· Building and maintaining relationships with suppliers

· Manage company audit processes with internal and external auditors

Desired Experience, Competencies & Qualification

· Previous FMCG experience

· BCom Finance/Accounting

· Minimum five years’ experience in Financial Management

· Minimum of 5 years’ senior management experience

· Excellent Excel Skills

· Solid Understanding of IFRS reporting

Job Type: Permanent

Pay: R40 000,00 – R60 000,00 per month

Ability to commute/relocate:

• Springs, Gauteng: Reliably commute or willing to relocate with an employer-provided relocation package (Preferred)

Education:

• Bachelors (Required)

Experience:

• Financial management: 5 years (Preferred)
• Senior Management: 5 years (Preferred)

Location:

• Springs, Gauteng (Preferred)

Email CV: hr@tshipinoto.co.za