Assistant Finance Manager

The Assistant Financial Manager role is split between two positions as follows and periodic rotation between the two positions is preferred to enable growth and skills development: ASSISTANT FINANCIAL MANAGER 1: Operational Entity Responsible for Property, plant and equipment reporting including: Fixed asset reconciliation and update of asset register for monthly movements. Preparation of internal reports. Liaise with the business to determine status of capital/construction projects and ensure capitalisation occurs timeously. Prepare all supporting calculations and assist with annual insurance renewal. Facilitate technical opinion of treatment of various assets that are acquired or disposed off in the business. Taxation Assist with year-end activities such as tax, preparation for year-end statutory audit and financial statements. Reporting Reconciliation of TB to QlikView platform for completeness and sense checks. Preparation of monthly management accounts and consolidation Preparation of monthly capex in board report formats Preparation of reporting packs for Bankers & submission of Statistical returns. Preparation of quarterly board reports Preparation of group annual financial statements Preparation and submission of monthly, quarterly, annual results and budget in specific formats as may be required by shareholder group for operational and holding companies. Subsidiary and Holding Companies Review of monthly reconciliations. Quarterly reports for board pack submission. Financial statements at year-end. Year-end reviews of tax and deferred tax computations. Full accounting function of investment holding company General Review and release of payments for the operating entity as and when required Approval of creditor invoices for processing and payment. Preparation and maintenance of the prepayment and other ad hoc GL and cash book reconciliations. Assist with annual budgetary process. ASSISTANT FINANCIAL MANAGER 2: Oil Procurement Directly responsible for management and oversight of oil procurement team and function including (but not limited to) the following responsibilities: Review product costings and monthly mass balance for accuracy and completeness Follow up and escalate on stock losses identified Review check and authorise Supplier invoices for Oil purchases prior to payments Review of Supplier reconciliations and accrual accounts and ensure queries and disputes resolved timeously. Forex exposure management on a deal-by-deal basis Provide management and supervision of team Assist with Treasury and Cash Management including: Prepare reserve bank applications for foreign payments and transactions Prepare weekly cash flow forecast Prepare LC applications and other General Short Term Banking facility utilisations on Standard Bank Portal and resolve queries with supplier and bank Assist with System Development as follows: Assist with implementation changes to Software (inhouse and Syspro) Manage system Admin team BOTH POSITIONS Ad hoc assignments as and when required by management Provide technical opinion on business imperatives/strategies as and when required