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  • Posted: Aug 25, 2023
    Deadline: Sep 20, 2023
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    RCL FOODS is a leading African food producer in South Africa with a market capitalisation of R13 billion and employing more than 20 000 people in operations across South and Southern Africa. We manufacture a wide range of branded and private label food products which we distribute through our own route-to-market supply chain specialist, Vector Logistics. ...
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    Financial Manager - Pietermaritzburg

    • The suitable candidate will be accountable for the administrative, financial, and risk management operations of the company, to include input into the development of a financial and operational strategy, and the ongoing development and monitoring of control systems designed to preserve company assets. Report accurately on all financial results and matters, with principal accountabilities in overseeing company accounting practices, budget preparation, tax and audit functions, and ensuring compliance with the relevant legal requirements for the company.
    • This role will be based in Pietermaritzburg and reporting to the Finance Executive: Baking.

    Minimum Requirements    
    Qualifications

    • CA (SA)
    • ACCA
    • B Com

    Experience

    • Big 4 Articles.
    • Minimum of 7 years post qualification work experience at a large corporate.
    • Minimum of 5 years’ experience in a managerial role.

    Duties & Responsibilities   
    Oversee Sunshine Bakery Group finances

    • Management of the Sunshine Finance Group, and deal with issues as and when it is required, demonstrating consistent behaviour in dealing with all activities and interactions in a professional and mature manner.

    Cash Flow

    • Manage the flow of cash of the business and publish monthly cash flow forecasts, and the financial status of business.
    • Control the cash floaw position throughout Sunshine, understand the sources and uses of cash and maintain the integrity of funds, securities and other valuable documents.
    • Establish accounting policies and procedures for credit and collections, purchasing, payments, and other financial obligations.

    Company Liabilities

    • Have a clear understanding of all the company liabilities, and constantly monitor the implications thereof.

    Management of Resources

    • Ensure optimum application/utilisation of all resources and assets in the finance department for efficient running of the Finance department.
    • Establish a high-performance culture in the finance department, through consistent mentoring, teamwork, communication, harmonious relationship and leadership by example to encourage positive employee engagement.
    • Responsible for driving budgets and forecasts
    • Provide all finance related Sunshine Reporting

    Financial Reporting

    • Drive the financial reporting for monthly and annual reporting for the business. Maintain day to day financial controls and reports.
    • Liaises with external auditors and deals with issues as they arise in the year end auditing process.
    • Prepares and submits the audit packs.
    • Responsible for the resolution of complex accounting issues with the Auditors.
    • Responsible for reporting to the PAF Group on COGNOS.
    • Drives continuous improvement of the financial reporting, evaluating performance and analysis of performance and providing the necessary insight to the CFO on the key drivers in the Group.

    Management Reporting

    • Reviews that monthly Sunshine reports and assists in driving improvements in the quality of the financial reporting.
    • Presenting financial data at Management Meetings. Preparation and review of monthly board packs.
    • Reviewing the Age Analysis for both Drs and Crs.

    Tax Reporting

    • Ensure that all tax filing is up to date.
    • Ensure that all financial reporting related to tax disclosures are accurate.
    • Maintain good relationships with tax authorities in all jurisdictions.
    • Ensure Compliance to the relevant standard required by the Sunshine Group.
    • Deals with technical accounting, legal compliance and taxation issues.
    • Ensure that compliance and controls are provided for, to ensure full compliance with the management system.
    • Ensure compliance with related tax laws and legislation in all jurisdictions, and across all entities.
    • Implement and maintain relevant Controls for the Sunshine Group.
    • Ultimately responsible for adequate and effective controls through all business cycles within Sunshine.
    • Liaising with Internal Audit and working with the business to resolve all audit items. Drive effective cost control and constantly engaging cost reduction analysis in all areas within the Finance Department and Sunshine.

    Staff Management/ Leadership

    • Effective Management of staff within the depot and departments with a ‘management by walking around’ management style:
    • Ensure that staff members are motivated by providing leadership & Conduct performance reviews with Manager ‘s twice a
    • Undertake personal development/career action plans for staff reporting to
    • In consultation with HR implement training initiatives where required to support on the job training and
    • Undertake Disciplinary and Grievance hearings when
    • Monitor staff discipline against company policy and take action when necessary.
    • Ensure adherence to Company policies and procedures.

    Closing Date    
    2023/09/08

    Method of Application

    Interested and qualified? Go to RCL Foods on rcl.erecruit.co to apply

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