Reporting to the Managing Director the Head of Finance and Administration is responsible for driving financial performance and supporting business growth.
This role requires a forwardthinking individual who combines a deep understanding of financial management with strong business acumen to provide actionable insights and optimize resource allocation.
The role is not only to ensure accurate financial reporting and compliance but also proactively contribute to the strategic decisionmaking process using financial data to drive efficiency profitability and longterm success.
This role is key to the flow of financial information to the Managing Director Board of Directors and Shareholders.
Skills : Key Performance Areas Formulation implementation and monitoring of internal controls and accounting processes to safeguard company assets.
Creating workable information and reporting structure for management and employees and provide relevant information to enable them to make informed management decisions.
Providing sufficient and effective support to all areas of the Company through system design and formulation.
Ensuring that all Company policies and procedures are up to date effective and appropriate for complete business support.
Financial planning and ongoing advice for the Managing Director and Senior Management.
Formulating financial targets and annual budgets in accordance with the strategy determined by the Managing Director and Board of Directors.
Overall control of all financial transactions and accountancy matters including audit systems.
Oversee preparation of Annual Financial Statements and facilitation of External Audit.
Oversee BBBEE audit and implement improvements to Company BBBEE rating based on a minimum target set.
Monitoring of compliance against Company policies regarding capital requirements hedging debt taxation equity and acquisitions etc.
Responsible for ensuring that the regulatory requirements of all statutory bodies are met regarding all the Company s financial affairs.
Responsible for overall cash management both operational and hedging related on an ongoing basis.
Review of monthly management and quarterly directors financial reporting packs.
Responsible for stock control and the implementation of procedures and control systems.
Financial and administrative visionary i.e.
identifying researching and implementing measures to increase company profitability.
Play an active role in the accurate calculation and management of operational and other costs and any losses incurred.
Financial evaluation of any potential acquisition and / or internal expansion opportunities and facilitate effective integrations into the SOILL Group of Companies.
Final approval of customer credit applications.
Facilitate strategic discussions with all stakeholders around hedging strategies.
Regular review of hedging strategy in line with mandated levels.
Engage with customers and suppliers to ensure efficient and accurate transactional flow achieved and credit limits adhered to.
Negotiations with key finance business partners such as banks and insurance service providers.
Facilitate and provide input in Company risk review presented to Audit Committee.
Shareholder interactions including facilitation of share purchase / sale transactions.
In relation to group Pension Fund provide support to staff and participate Fund related activities.
Health and Safety
Participate in safety forums and attend relevant training/programmes.
Report all safety incidents to the relevant people.
Comply with safety policies and procedures.
Wear protective clothing (where applicable) at all times.
Employee management and development
Ensure overall compliance to relevant procedures and policies.
Ensure that all team members have clearly defined job profiles.
Regular goal reviews are completed to assess achievement of results.
Support coaching and mentoring is continuously provided to ensure that objectives are met.
Appropriate allocation of resources to meet operational demands.
Ensure adequate succession planning in order to meet ongoing and anticipated business requirements.