1 month ago
Job title : Finance Manager – Kempton Park
Job Location : Gauteng,
Deadline : November 04, 2024
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The Role:
- To manage financial operations for the Sales Area entities as per the regulatory, & internal financial reporting policies and guidelines.
Key responsibilities:
INTERNAL FINANCIAL REPORTING:
- Review financial information in accounting system to ensure accuracy of data.
- Authorise postings to the general ledger.
- Review trial balances to ensure accuracy of information.
- Manage / run the month end as per the month end run process.
- Review uploads onto the financial reporting system (BPC) and review individual financial reports and reconciliations for completeness and accuracy.
- Compile and implement financial reports in the reporting system according to the accepting Sandvik financial reporting policies.
- Monitor adherence to timeframes and ensure that all reporting files are complete.
- Manage and review the uploading of forecasts on a quarterly basis.
- Prepare ad hoc financial reports as and when requested.
- Manage the compilation of financial results for board packs.
- Manage the submission of Group audit reporting.
- Manage the submission of quarterly key financial data to external advisory firms for investment evaluations.
INTERNAL AUDIT AND CONTROLS:
- Manage the design and implementation of internal control framework for the Finance Department, in conjunction with the Financial Manager: Compliance.
- Provide evidence for quarterly testing of internal controls.
- Implement corrective actions for all failed controls.
- Support the line manager in the management of internal audits when selected by Group.
- Manage implementing, updating and upholding the limits of authority and application therein, within the ERP system.
- Review the applicable limits of authority for all documentation and processes submitted to Finance.
- Review asset capitalisation for approval and applicability to tax framework and Sandvik Asset Recognition Policy.
- Review and sign off all reconciliation as per Sandvik financial reporting guidelines.
- Oversee sub ledger controls and management (assets, AP, AR and cashbook).
TREASURY MANAGEMENT:
- Manage treasury related activities in accordance with Sandvik treasury governance criteria, including but not limited to:
- ICM
- Forex
- Capital injections
- Borrowing facilities
- Manage cash flows for the entities.
- Manage the internal overdues to ensure sufficient cash flows.
- Manage sound business relationships with banks.
COMPLIANCE:
- Comply with safety regulations and internal standards and procedures.
- Comply with applicable legislation i.e. Section 21 of Mine, Health & Safety Act.
- Monitor compliance of team members to safety regulations, applicable legislation and internal standards and procedures.
PEOPLE MANAGEMENT:
- Participate in the recruitment of subordinates, in consultation with the line manager and in accordance with HR policy and procedures.
- Manage performance of subordinates through the development of performance agreements and conducting performance reviews.
- Create learning opportunities for subordinates through the identification of areas for development, coaching and recommending formal functional training when required.
- Manage sound employee relations in accordance with HR policy and procedures.
Profile required:
- Minimum Chartered Accountant
- Minimum 5 years post qualification experience in financial accounting / management role.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
- Accounting / Financial Services jobs