1 day ago
Job title : Sub Regional Function Head – Business Finance, Southern Africa
Job Location : KwaZulu-Natal, Durban
Deadline : November 03, 2024
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Role Responsibilities
Financial Management
- Ensure the timely and accurate delivery of results, management information and financial reporting.
- Monitor, review and interrogate gross margin and expenses for the company, with various stakeholders.
- Debtor management review and overview.
- Ensure the correct recording and protection of all assets of the Company.
- Review of the debtor department’s KPI’s, reports and corrective actions.
- Ensure that creditors are recorded correctly and paid timeously.
- Review and implementation of accounts payable KPI’s and reports.
- Sign off credit applications/credit limits etc. and mitigate any financial risk
- Accountable for cost/profit centre breakdowns.
- Produce and supply analytical financial information interaction with business unit.
- Making recommendations w.r.t monthly results in respect of IFRS savings accounting policies, risks.
- Trend analysis to inform forecasting and product trends.
- Conduct weekly analysis together with FP&A and MIS Team on gross margins and master data per SKU.
- Review and overview of monthly analysis of SG&A to understand and predict future SG&A expenses and landing vs budget and prior year.
- Review and overview of working Capital Forecast to understand and predict future working capital and landing vs budget and prior year.
- Review and overview of Cash Flow forecast to understand and predict future cashflows and landing vs budget and prior year.
- Analyse working capital, EBITDA, P&L with Sub Regional Business Head on a monthly basis.
- Discuss results of forecasts on WC and P&L with Sub Regional Business Head and Sub Regional Leadership Team on a monthly basis.
- Analyse monthly top 20 AI report from with FP&A, MIS Team and Commercial Heads.
Strategic
- Contribute strategic financial expertise and information that ensures Sub Regional Business Head is able to take sound and informed decisions.
- All local asset insurance negotiations and cover.
- Planning and negotiation of cash loans and overdrafts with banks and Intercompany subject to global authorisation table.
- Planning of external audit, hard-close and annual audit with auditors.
- Consider implication of IFRS on the business and accounts and results.
- Involvement in IT steering committee w.r.t IT systems in the business.
- Ensure the systems and structures are in place enabling the efficient and accurate reporting of information to all stakeholders.
- Represent UPL on Board of Directors in Associate Companies.
Enterprise Risk management
- Ensure the implementation/monitoring/maintenance of an effective internal control and risk management environment.
- Planning of yearly internal audits where applicable and designing and improving on weaknesses of controls from a financial perspective.
Treasury Control
- Ensuring that cash is managed in accordance with business requirements and cash forecast.
- Bank liaison and negations in rates and facilities.
- Ensure timeous statutory payments.
- Review and analyse, working capital improvement identification opportunities.
- Review and implement hedging options to mitigate foreign currency exposure
Statutory and Audit
- Ensure that statutory statements are completed and compiled and audited.
- Monitor and manage the different audits, interim, annual audit and internal, ensuring timeous sign off by auditors as per Group/Statutory requirements.
- Ensure that tax for the group is completed and compliant as well as optimised.
Manage People
- Ensure the various Finance Departments are fully staffed with appropriately experienced employees.
- Train and develop employees based on identified training needs in accordance with the Workplace Skills Plan.
- Ensure Performance Appraisals are conducted as per Company Policy.
- Ensure general discipline in the department and ensure corrective action is taken on all misconduct incidents.
- Adhere to all HR policies, procedures and requirements to ensure sound people practices.
Project Management and Group Budget
- Carry out adhoc projects for Sub Regional Business Head, including minority valuations etc, participate in negotiations with minority acquisitions including business case.
- Carry out adhoc projects and queries from commercial and supply chain (Product analysis, region review, COGS, analysis vs budget and LE.
- Compilation, review and finalization of budgets.
- Presentation of the Southern Africa budget to the Africa leadership team.
Meetings
- Attend and advise on the monthly Pre SOP meeting, representing the Finance Department, ensuring financial implications of propped actions are considered.
- Attend and advise monthly Forecast and demand review meeting, reviewing and calculating financial consequences of the operational issues.
- Participate in conference calls with FP&A, discussing operational performance and forecasts.
- Attends and advise pricing committee meetings, new product launches and demand planning on behalf of Finance.
Knowledge, Skills and Experience Required
Technical Requirements:
- CA (SA)
- MBA
- Finance +- 15 years’ experience
- Knowledge and understanding of AgChem Business
- Ability to speak both English and Afrikaans
- Experience with interacting with Commercial and Key customers
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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