Job Summary
A company in Ottery, Cape Town (manufacturing industry) is seeking a Chartered Accountant.
To qualify for this position, you should meet the following entry criteria:
- A valid CA(SA) qualification with proof of membership to SAICA
- 3+ years of experience in a manufacturing environment operating internationally (experience with imports and exports)
- Ability to work in a fast-paced environment subject to constant change
- Ability to work under pressure with tight deadlines
- Ability to do research and engage with service providers to obtain relevant information regarding foreign operation statutory compliance
- A strong understanding of IFRS
- Excellent analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Meticulous attention to detail and a commitment to accuracy.
- Proficiency in accounting software (e.g., Syspro, Sage).
- Knowledge of Financial Reporting
- Experience using Excel (advanced e.g., v-lookups, pivot tables, graphs).
Your responsibilities will include:
Financial Accounting and Reporting:
- Manage the full accounting cycle of foreign subsidiaries (accounts payable & receivable, payroll, financial statements).
- Oversee day-to-day finance operations of foreign subsidiaries (accounts payable, receivable, payroll, general ledger).
- Ensure monthly management accounts are completed on-time-in-full
- Provide analysis on monthly operations, propose improvements and execute improvements independently
- Manage year-end audit process for foreign subsidiaries
- Manage team responsible for daily processing of transactions
Financial Planning and Analysis:
- Provide insightful financial analysis and reporting to enable effective decision-making.
- Drive financial planning through performance, risk, and opportunity analysis.
- Conduct financial forecasting, budgeting, and variance analysis.
- Review discrepancies and propose systems improvements where necessary
- Assist with review of current processes, proposing improvements to increase efficiency
- Review and recommend cost reduction and efficiency improvements.
Statutory Compliance and Corporate Governance:
- Maintain statutory compliance with tax and accounting regulations.
- Ensure compliance with OECD transfer pricing guidelines. Including the setting of intercompany transfer prices and regular review and maintenance of pricing to ensure compliance
- Ensure compliance with all applicable laws and regulations for foreign subsidiaries
- Take the lead in opening new foreign subsidiaries by conducting feasibility studies, engaging with service providers and compiling project plan
- Review the current corporate structure and make recommendations regarding structural changes and execute proposed structural changes.
Treasury and Cash Flow Management:
- Managing consolidated cash flow for the group on a day-to-day basis
- Cashflow planning
- Forex management
- Engaging with financial institutions regarding financing and preparing relevant documents and forecasts for finance applications
- Determining working capital required for incorporation of new foreign subsidiaries
Strategic Partnership and Leadership:
- Work closely with senior leadership to develop and implement strategic direction.
- Play a pivotal role in contributing to the leadership team.
- Create and maintain relationships with service providers (banks, auditors).
- Lead, direct, and manage a team
- Assist other departments achieving their goals