TASKS

Company Policies and Procedures

To ensure that all limits of authority are strictly adhered to by all employees in the BU at all times
To ensure regular communication and training on Financial Group policies and procedures
To ensure that Financial Group policies, procedures and principles are adhered to at all times and that all reporting is in accordance with IFRS
Prepare consolidated AFS in accordance with IFRS
Prepare audit packs for external auditors

Planning

To plan all Accounting procedures, given the monthly/year end closing deadlines set by the Business
To ensure performance controlling and analysis in order to achieve and maintain the standards set by board
To establish Set of KPIs to measure the business against
To plan and co-ordinate all staff around the given time-frames in order to achieve deadlines
To anticipate any timing problems which may jeopardise deadlines and to act in order to prevent any breach of such

Financial Analysis and Support

To ensure proper monitoring and measurement of WIP & margins (Actual vs. Budget) over all items produced and sold
To review product prices with product managers
To review product/activity margins
To review level of expenditure and report on variance to budget
To prepare regular and adhoc financial reports including reports to German parent
Preparation of board meetings / board packs

Post month end

Business Review Local and Group

Drive the financial planning of the company by analyzing its performance and risks
Retain constant awareness of the company’s financial position and act to prevent problems
Set up and oversee the company’s finance IT system
Set targets for and supervise all accounting and finance personnel (management accountants, internal auditors etc.)
Oversee all audit and internal control operations
Prepare timely and detailed reports on financial performance on a quarterly and annual basis
Conduct analysis to make forecasts and report to upper executives
Ensure adherence to financial laws and guidelines
To restructure subsidiaries and branches according to instructions from the Board

Budgets and Forecasts

To compile and challenge BU on detailed annual budget
To prepare regular monthly report of actual P & L against Budget/Forecast on a line by line basis
To challenge BU on Forecast/Target deviations

Payroll Function

General and Other:

To review price increases in activities for reasonability
To manage corrections and queries on profitability review
To conduct a quarterly physical WIP count
To review CAPEX requirement and report on variance against forecast on a monthly basis
To assist in Due Diligence’s as and when required
To provide financial support as defined by the director
To review and calculate labour rates
To ensure that all standard operating procedures are adhered to
To ensure professional standards are maintained in all business situations

Management System

To keep up to date with developments with respect to the management system, as well as apply the policies and procedures relevant to the position
To communicate improvement possibilities with respect to the management system to the relevant process owner or directly to quality & customer satisfaction and participate in improvement initiatives

COMPETENCIES