Financial Controller

Job Advert
Internal Job Title**:
Financial Controller**
Business**:
Lucy Electric South Africa**
Location**:
Honeydew, Roodepoort, South Africa**
Job Reference No**:
3326**
**Job Purpose**
Responsible for the financial activities of Lucy Electric South Africa.
**Key Accountabilities**:
**1. Financial Reporting**
- Analyse and review monthly results.
- Perform variance analysis against current and prior year monthly results.
- Provide support and strategic input to management.
- Identify trends in financial performance and provide recommendations for improvement
- Prepare monthly management reports
**2. Financial Control**
- Responsibility for Financial Control and record keeping
- Development of financial control systems and procedures
- Responsibility for all areas of the year-end audit
- Manage relationship with local auditors
- Ensure integrity of inventory
**3. Financial Planning**
- Preparation of quarterly profit, balance sheet and cash flow forecast
- Preparation of annual budget and co-ordination of management plan
- Provide an input into Lucy Electric's medium-term strategic plan
- Responsibility for funding and cash flow management
- Analyse and review forecast and budget results
- Perform variance analysis against budget (forecast) and prior year results
**4. Treasury**
- Responsibility for foreign currency conversion (working with Group Treasury department)
- Responsibility for customer credit limits and cash collections
- Manage local banking relationships
**5. Tax**
- Compliance with local tax regulations
- Responsibility for both direct and in-direct taxes
- Manage the relationship with local tax specialist
- Liaison with Group Tax department
**6. Business Partnering**
- Provide financial information and advice to support decision making by the CEO and local management
- Develop financial and operating management information
- Support for sales tendering and perform financial reviews of key tender and contract terms and conditions
- Supporting business initiatives (e.G. outsourcing, cost control and reduction)
- Fixed asset investment appraisal
- Network with local management to improve information for decision making
- Provide financial models
- Support external relationships with key stakeholders
**7. Development of Business Systems**
- Represent Finance in the development of Microsoft D365
- Support the development of best practice and performance metrics
**8. Management of Finance department**
- Day to day staff management
- Performance appraisals
- Employee development
**Dimensions**
To undertake business travel abroad or within Southern Africa as and when required.
**Secondary Activities**
Undertake any other duties and responsibilities as required/instructed in order to maintain and/or improve the efficiency, quality and service provided.
**Experience Knowledge &
Skills**
**Functional Competencies**
Essential
- 5 years’ accounting experience within a commercial and manufacturing business.
- Strategic thinking
- Strong communication skills with the ability to communicate financial data to non-financial employees
- Able to produce management reports with the ability to present the results in meetings
- Extensive experience in analysing data for decision making purposes and able to communicate the findings for all levels
- Ability to prioritise workload effectively
- Ability to document business procedures
- Strong working knowledge of Excel and financial modelling
- Excellent analytical, decision-making, and problem-solving skills
- Attention to accuracy and detail required
- Great presentation skills.
- Ability to influence and persuade
Desirable:
- Knowledge of the electrical supply industry
- Knowledge and use of Microsoft D365
- Sound IFRS knowledge.
**Essential Qualification:
CA (SA)**
**Behavioural Competencies**:
**Inspires**
- Charismatic Leader able to influence others at all levels of the organization.
- Leads by example and inspires our people to do the right thing.
- Articulates a clear vision for the future.
- Empowers and trusts our people to come up with the right solutions.
**Collaborates**
- Cooperates and works across the organisation to deliver the business results
- Encourages challenge to foster new ideas and ways of doing things
- Gets things done and makes it easy for others to do the same
- Builds authentic, effective working relationships
**Integrity**
- Values our culture and actively encourages sharing different points of view
- Is true to themselves and their own values, beliefs and convictions - takes time to grow continuously
- Has a positive can-do attitude
**Transparency**
- Communicates with clarity
- Openly encourages debate to achieve the best outcomes
- Open to giving and receiving feedback;
identifies, coaches anddevelops future talent
**Other Requirements**:
- Excellent verbal and written English language skills
- Full driving licence