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Our leading manufacturing client is seeking a Financial Reporting Manager who will be responsible to lead and manage the financial reporting function for the organization

This includes developing and implementing robust financial strategies, optimizing cash flow management, maintaining statutory and regulatory compliance, and overseeing audits to support the company's financial health and strategic objectives.

The role is pivotal in guiding financial decision-making through comprehensive analysis, budgeting, forecasting, and maintaining adherence to IFRS standards, while supporting the finance team's growth and alignment with company goals.

Statutory liabilities:

• Basic Conditions of Employment Act



• Labour Relations Act



• Occupational Health and Safety



• Internal Policies and Procedures



• Skills Development Act



• Company's Act



• Corporate governance



• IFRS standards



• Taxation laws



• POPI Act

1. Financial Strategy

• Assist in preparing the financial modelling for any requirements for the CFO/CEO/Board.

2. Cashflow

• Prepare / Review monthly and annual cashflow including budgets and forecasts for the purposes of cash management for stakeholders.



• Alert GFM/FD to any risk factors to cashflow.

3. Statutory and Internal Reporting

• Review and preparation of month end reports such as cash flow, provisions, working capital and debt schedule reports.

• Calculate and track key financial ratios for the Group.



• Prepare monthly Group Sales pack splitting revenue across functional/product departments and Business Units.

4. Taxation (IAS12) and Statutory Compliance

• Prepare all companies tax workings, deferred tax and provisional tax.



• Advise on tax allowances on property plant and equipment and ensure tax efficiencies for fixed assets.

Identify tax savings and suggest ways to increase profits and reduce cash outflows.

• Keep abreast of tax changes that will affect the Group.



• Follow industry trends and track regulatory changes related to taxes.



• Assist GFM/FD and respond to SARS queries where relevant.



• Ensure all company secretarial functions are performed for all group companies and compliance in terms of Company's Act.

5. Fixed Assets (IAS16, IAS38, IFRS16)

• Prepare consolidated FAR report.



• Assist to ensure all accounting and tax registers are reviewed monthly and correct depreciation and wear and tear allowance are claimed in terms of Section 11(e) and 12C.



• Perform with the workings for each ROU (IFRS16) asset and liability and assets under instalment sale at inception, for the duration of the agreement and at each financial year end.



• Work with the FM on any technical matters affecting fixed assets.



• Work with FM of Digital to Create an income statement to EBIT and 5 year forecast for each Intangible Assets classified as Computer Software.

6.   Audits

7.  Budgets