South Africa

Financial Manager 1 : Manline Energy and Freight

Company Barloworld Automotive & Logistics Africa
Reference # fmenerman
Published 24/11/2021
Contract Type Permanent
Salary Market Related
Location Pietermaritzburg, KwaZulu-Natal, South Africa
Core purpose of the role
The core purpose of the role is to manage and execute the financial management and corporate governance functions for the Manline Energy and Freight Business Unit ensuring accurate and timeous reporting of financial information and financial analysis in line with the Barloworld Transport strategic objectives and corporate governance requirements.
Job Functions Accounting,Administration,Analysis,Auditing,Banking,Data Management,Finance,Logistics
Industries Accounting,Accounting & Auditing,Financial Services,Freight / Shipping / Transport / Import / Export,Logistics

Key deliverables and outputs

Financial analysis
•Ensure timely and accurate monthly accounts preparation (management accounts)
•Analyse and interpret financial results
•Analyse and communicate monthly variances including contract profitability and KPIs
•Provide required information and analysis in the development of costing models •
•Review of financial models and assumptions used for all tenders
•Prepare packs for the relevant statutory board meetings.

Accounting and budgets
•Coordinate and manage the full financial management function
•Support the budget and forecasting processes in line with agreed deadlines
•Monitor expenditure patterns and budgetary control
•Handle and resolve escalated queries relating to financial aspects
•Develop and maintain sound internal control environments.

Cash Management processes
•Coordinate cash management processes in line with Barloworld Logistics strategy
•Manage and monitor working capital requirements, cash resources and expenditure.

Corporate governance, compliance, and audits
•Ensure compliance with all relevant laws and reporting regulations (e.g. New Companies Act, Tax Act, other statutory requirements, IFRS, GAAP) as well as other aspects of good corporate governance
•Ensure compliance with approved company financial policies and procedures
•Manage internal and external audits
•Ensure clean audit reports for the company through CCRs (Cross Company Reviews), internal and external audits.

Financial reporting
•Review and present monthly and annual HFM packs according to deadline requirements
•Review of monthly general ledger reconciliations
•Prepare packs for the relevant management and customer meetings
•Prepare annual financial statements as and when required
•Completion of annual insurance renewal returns.

Financial systems
•Establish and maintain reliable, accurate and timeous financial information systems and internal control procedures
•Support the group implementation of new financial systems and processes
•Identify and drive systems and process enhancements
•Manage systems integrity.

•Review and submit tax packs and any other tax returns/information as and when required
•Administer and implement tax transfer pricing agreements/methodology where applicable
•Review monthly VAT returns and reconciliations.

Business improvement
•Initiating, conducting and monitoring ongoing business/performance improvement/operational excellence projects and interventions
•Identifying and acting upon opportunities to create value (i.e. becoming a business partner to senior management).

Internal customers
•Manage customer relationships and customer service by building and maintaining strong key customer relationships at all levels
•Significant interface with BU Operational Management.

•Manage and develop performance and talent of the team in line with company’s Integrated Employee Value philosophy
•Coach and mentor employees with the aim of transferring knowledge and developing people
•Drive a culture of continuous improvement and innovation.
Academic qualifications Work experience
B. Com Accounting Degree 3-5 years in a Financial Management position
Operational Finance Experience
Financial and People Management
Financial analysis
Corporate tax (direct and indirect tax)

B. Com Honours Degree
Completed Articles
Post graduate accounting degree (CA(SA) or CIMA

•Corporate financial management and reporting practices
•Corporate governance
•Treasury management practices
•Companies Act and Company
Secretarial IFRS & GAAP compliance
•Good understanding of Corporate Tax Commercial acumen

Supply Chain and Logistics Industry
Experience Syspro/Sage/HFM

Personal Attributes Essential:
•Focus on analysing and solving problems
•Passion for optimising business performance
•Focus on initiating action
•Readiness to make and own decisions
•Remain resilient with stress and pressure
•Concern for communicating clearly
•Commitment for behaving correctly and
•Preference for planning and organizing
•Preference for team-working
•Focus on getting things done

Supply Chain and Logistics Industry Experience
Experience working in a shared services environment

•Highly developed communication skills to persuade and influence
•Highly developed interpersonal skills including internal resilience (EQ) and conflict resolution
•Highly developed mathematical skills and ability to reason with numerical information
•Critical thinking skills to analyse financial performance
•Ability to multi-task
•Microsoft Office skills (Excel, Word, PowerPoint, and Outlook)

•Concern for working within parameters
•Concerned about aligning with best practices
•Appreciation for challenging others with respect
•Enthusiasm for learning, sharing and growing
•Preference for thinking practically
Job Closing Date 08/12/2021
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Last Updated: 30-6-2021 []
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