Finance Manager

Prefered skills

Strategic Financial Management, Managerial Finance, Finance, Analytical Skills, Financial Accounting, Financial Reporting, Accounting, Microsoft Excel, Forecasting, Leadership

Job description

PURPOSE
This position is responsible for the full spectrum of financial and management accounting, including regulatory reporting for the responsible divisions within Fraser Alexander and day to day operational procurement. The incumbent will be responsible for the financial management of both the Tailings and Mineral Processing divisions of Fraser Alexander within South Africa.

RESPONSIBILITIES

Financial Management

Co-ordinating the planning and budgeting processes, setting financial targets and key performance indicators for the division
Assessment of and providing input on balance sheet management (assets and liabilities)
Ensuring debt collection is controlled as per contractual arrangements with clients
Ensuring that systems and processes for financial administration and control and protection of the divisions resources and assets are adhered to
Participate at Group level in the development and implementation of corporate governance, tax and statutory accounting standards
Overseeing of correct application of commercial contracts (revenue and costs)
Promoting arrangements to identify and manage key business risks, including safeguarding assets, risk mitigation and insurance
Overseeing of capital projects and post completion reviews
Applying discipline in financial management, including monitoring debt collection, cash flow, approval of expenditure and ensuring contractual terms for revenue escalations are affected

Enterprise Risk Management

Management of financial risks at divisional level in accordance with group enterprise risk management policy
Participate in group risk assessment process and mitigation of risks
Preparation of divisional enterprise risk management report

Reporting

Review of monthly divisional reporting
Oversight and review of divisional budget, including detailed supporting schedules
Preparation/review of input for Manco, Exco and board financial reports
Ensuring compliance with statistical and other government departmental requirements related to Finance as specified by Group

Commercial Management

Review of tenders and other client proposals to ensure corporate guidelines and financial principles for assessment of financial viability of the tender or proposal have been adhered to
Review contract documentation and ensure that financial risks have been properly taken into account and mitigated where feasible
Preparation of financial feasibility models for tenders/ proposals

Taxation

Provide assistance with any SARS queries related to the division
Monitoring of tax compliance as part of development of tenders and other proposals
Participate in tax planning during budgeting process
In depth offshore tax knowledge (direct and indirect taxes)

Team Management and Collaboration

Ongoing collaboration with the COO and CFO and his/her direct reports regarding financial, commercial, enterprise risk management and IT related matters
Management of SLAs for ERP and HRM systems to ensure optimal service, thereby enhancing team effectiveness

Divisional Strategy

Provide assistance with the development and implementation of divisional strategy within the framework of group strategy
Actively involved in, and able to bring influence to bear on, all material divisional decisions to ensure that implications, opportunities, and risks are fully considered

Internal and External Audits

Review of audit findings related to divisional processes and coordinate management comments
Implement any relevant improvements/recommendations
Provide assistance in carrying out internal and external audits

Supplier and Procurement Management