Financial Controller (Plant) – Durban
Job Title: Financial Controller (Plant) – Durban
A leading company in the automotive manufacturing sector is seeking an experienced and energetic Financial Controller to join their dynamic team in Durban. The incumbent will be taking over from a retiring Financial Controller, who will be available for a handover.This is a fast-paced environment with numerous deadlines, so we are seeking someone who thrives under pressure and takes initiative. Strong leadership skills are essential, as this role involves leading a team.
Reporting to: Plant Manager
Job Purpose:To compile and provide accurate and timeous financial information to Plant Management in order to support informed business decision-making.
Educational Requirements:
- Grade 12
- National Diploma or BCom in Financial Accounting or related qualification
- BCom Accounting, CA(SA), or CIMA will be advantageous
- Minimum 5 years’ experience in a similar role
Key Responsibilities:
Financial Management & Analysis:
- Provide financial analysis and support across all operational areas
- Monitor and support debtors and creditors
- Maintain fixed asset register and intercompany balances
- Review payroll, financial variances (budget/forecast), and balance sheet variances
- Ensure compliance with IFRS
- Maintain CAPEX & Tooling Reports
- Generate reports for internal/external use
Internal Control:
- Comply with and maintain internal controls
- Maintain and review the Risk Register
Budgeting & Forecasting:
- Participate in the budgeting and forecasting processes
- Prepare plant budgets, P/L and balance sheet forecasts
Financial Reporting:
- Prepare monthly BU/Plant Financial Pack
- Compile BU/Plant Flash Results and variance analysis
Weekly Sales Reporting:
- Compile and review weekly sales reports
General Ledger:
- Prepare provisions, accruals, royalties schedules, and journals
- Compile general ledger reconciliations
CAPEX & Tooling:
- Maintain CAPEX and tooling registers
- Prepare CAPEX requisitions
- Conduct asset life and value analysis
- Maintain tooling reports
Audits:
- Plan and prepare for year-end external/internal audits
- Prepare for royalty audits
Costing:
- Calculate landed costs
- Review DA 190, investigate PPVs, and generate variance reports
Stock Control:
- Compile daily stock reports, oversee stock takes, and investigate variances
Cash Management:
- Monitor and manage plant cash flow
- Oversee daily cash positions and FEC contracts
People Management:
- Lead and manage team performance
- Identify and provide training needs
- Maintain discipline and resolve grievances
SHE Compliance:
- Identify and address safety hazards
- Promote a safe working environment
Please note due to high volume responses, only candidates that meet the advertised criteria will be contacted.