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Financial Manager

Johannesburg

Salary: R700,000

 

Closing Date: 31/03/17 
Position Type: Permanent 

The general financial management, execution of financial controls and reporting of the organisation. The main purpose of this role is to be groomed to Head up the Finance team for the group's Mobile Security entity.

The role reports directly to the Head of Finance for Group Shared Services and manages a team of four, two accountants, one debtor's clerk and one creditor's clerk.

Details about the Client

Giesecke & Devrient (G&D) is a German company headquartered in Munich that provides banknote and securities printing, smart cards, and cash handling systems. For over a century, they have specialised in Banking security. They have over 8000 employees, 50 subsidiaries and turnover in excess of EUR 2bn globally.

The Mobile security entity was started in 2009, and offers security solutions for the entire value chain, including user authentication, end-to-end encryption of the information flow and database encryption. Their client base ranges from global corporates, Banks and public institutions.

The GDSAF regional offices, located in Johannesburg , South Africa, is a wholly-owned subsidiary of G&D GmbH, Germany. The current staff complement is over 120 and growing. The subsidiary is divided into legal entities, namely Bank security and Mobile Security.

Detailed Job Description

Key responsibilities:

  • General Accounting - 40% (Measured by Accuracy of reconciliations): Management and oversight of all aspects of accounting, incl. Cashbooks, Accounts Receivable, Accounts Payable, General Ledger, Fixed Assets
  • Treasury - 10% (Measured by Achieving defined targets): Management of Cash flow, Foreign Exchange & Working Capital
  • Sales Del & Project Review – 10% (Measured by Performance Review)
  • Reporting – 20% (Measured by Accuracy and timeliness of group reporting deadlines and guidelines): Monthly Management Accounts (incl. Cash flow calculations and rolling forecast). Monthly group reporting; Quarterly forecasts; Variance Analysis; Budgets
  • Tax – 10% (Measured by Timeous submission, quality and zero penalties): Submissions for all relevant taxes (completion, compliance and reconciliations)
  • Compliance Topics - 10% (Measured by Audit reports, BBBBEE Certification): Management of Internal and External Audit interventions, oversight of BBBEE planning and decision making.

Technologies:

  • Microsoft Office Suite - Advanced
  • Sage Evolution – Advanced
  • SARS eFiling - Advanced
  • SAP – Medium

Méthodologies :

  • IFRS - Advanced
  • Risk Management incl. credit control - Advanced

Candidate's Profile

  • CA(SA)
  • Minimum of 2 years' commerce experience
  • 2 Years managerial experience

What's on offer

TCTC of R700,000 with salary reviews: January + Performance bonuses (paid in March)

The CTC package is inclusive of the following:

  • Medical Aid (100% employee contributions)
  • Pension fund (quite flexible – employee contributions from 0% - 7.5% & Employer contributions starting from 7.5% - 17.5%)
  • Group Life (encompasses disability and funeral component)
  • Education Protector Plan ( funds staff members children education until tertiary in a case of a member's death)

Where specific UK qualifications are required we will take into account overseas equivalents. All third party applications will be forwarded to Michael Page.

Ref Code: MPGW15983Z