Finance Director

Job Description : FINANCE DIRECTOR SOUTH AFRICA a mineral processing equipment manufacturer who have a vacancy for a Financial Director to handle the Middle East & Africa region of the business. This reports directly into the MD for South Africa and the VP: Finance International. This position calls for a candidate who is capable of leading, overseeing and directing business and financial teams to achieve Key Performance metrics and strict financial reporting and system requirements for an overseas subsidiary of the Group, a US NASDAQ listed public company. In addition, the role requires the provision of strategy, financial and business expertise and leadership to support the regions’ continued growth and survival. Responsibilities: · Oversee, direct, and provide financial reporting and forecasts at Regional (Africa Middle East) Board level, Regional Senior management level and at Group consolidated reporting level. · Oversee and direct banking relationships and compliance with terms for relevant financial facilities to meet regions cash flow and financial risk management requirements. · Oversee and provide direction on regions strategic plan creation and implementation. · Provide direction and oversight to regional management on region’s budgeting and financial and/or business planning and process requirements. · Oversee compliance with US GAAP standards for group reporting and / or IFRS for regional reporting. Provide certification of the regions financial performance and compliance based on oversight performed. Direct and oversee the compliance of regions multiple companies for Companies Act, SARS (taxation compliance), US Sarbanes Oxley (Risk control) compliance, and other statutory and regulatory bodies. · Oversee and direct financial policies and procedures formulation and implementation across the regions entities. · Review and advise on regions legal contracts. · Direct and oversee financial management of expansions, mergers, and acquisitions. · Direct and oversee financial modeling and analysis provided for all levels of the business. · Oversee and direct staff performance, resourcing and utilization for financial responsibilities and compliance of the region · Oversees and assumes complete accountability of the Financial Management, Credit Risk Management, and Information Technology impact on the Region’s entities. · Oversee, review, report and highlight adherence to the budgets for each entity and business department. · Oversee and review procedure in the region to ensure that company’s accounting and financial practices comply with Group SOP’s and relevant regional statutory regulations and legislation. · Analyze the financial climate and market trends to assist senior executives in providing and directing strategic plans. Interpret complex financial information and provide updates and information as needed. · Oversee, approve, and direct cash flow, bank accounts and other financial transactions. · Oversee and direct preparation of official reports to board, shareholders, and government on a monthly and annual basis. · Oversee and direct processes and practices across the entities to minimize financial risk. · Direct and oversee the auditing services to ensure external and internal financial monitoring is effective in highlighting any potential risks and weaknesses to Board and shareholders. · Oversee and direct financial decisions by establishing, monitoring, and enforcing policies and procedures. · Direct protection of assets by establishing, monitoring, and enforcing internal controls. · Maximizes return and limits risk on cash by maximizing cash balances and making investments. · Oversee and drive the entire financial planning process for the organization using performance and risk analysis. · Read the market to proactively address potential problems. · Set goals and oversee staff performance based on projections for accounting and finance departments. · Oversee and direct all audit and internal control processes. · Oversee the generation of quarterly and annual reports that clearly explain the state of the regional finances to the board, senior management, and shareholders. · Retain constant awareness of the company’s financial position and act to prevent problems. · Work with senior team to grow the businesses formulating and oversee and direct strategies and plans. · Oversee, lead, direct and develop finance teams to achieve KPI’s. · Lead and manage the budgeting process for the region. · Oversee all financial operations and direct corporate financial planning and structure. Oversee, coordinate, analyze and report the financial performance to Management and the Board to Director (financial performance, projections and other special projects as required). · Oversee and direct preparation of short and long-term financial forecasts of financial performance for use with internal management and external parties. · Oversee audit and tax functions, coordinate activities with outside audit firms and review these firms’ performance Requirements: Qualification and Skill · CA qualified but CIMA will also be considered should possess relevant experience · 15 years’ experience of Financial and Information Systems Management within a medium to large sized company · Previous exposure to a capital goods or plant manufacturing environment would be a distinct advantage · Aptitude for analytical thinking and strategic development · Excellent computer skills, including Microsoft Office and financial management software · Solid working knowledge of corporate finance principles, accounting, industry standards/best practices and relevant laws · Strong financial analysis skills and proven ability to forecast market fluctuations

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