24 Jan 2024

Full Time Financial Manager – Namib Mills (Pty) Ltd

NAMIB MILLS (PTY) LTD – Posted by o4na@ Windhoek

Job Description

PRIMARY PURPOSE OF THE POSITION

The Financial Manager position is accountable for accounting functions (Financial & Costing) as well as the reviewing of sub-ordinates work.

 

KEY FUNCTIONS AND RESPONSIBILITIES

  • Determine financing requirements.
  • Correspond with other departments and implement strategies.
  • Liaise with auditors to ensure effective completion of audits (internal & external).
  • Compile annual budgets, review balance sheet accounts and compiling quarterly Board Reports.
  • Assisting with SAFEX and Forex (Stock and Foreign Exchange) functions, including tracking exchange rates, managing currency exposure and implementing hedging strategies to mitigate foreign exchange and commodity pricing risk.
  • Creating/posting of monthly journals and review creditor recons.
  • Support the treasury function in cash flow management, monitoring cash positions and optimizing working capital.
  • Preparing reports for Management and releasing of EFT payments.
  • Predict future financial trends and analyze monthly management accounts.
  • Calculate/Review & maintain sales prices.
  • Do break-even analysis as well as calculating return on possible investments.
  • Review and assist with direct and indirect taxes (VAT, Import VAT, Income tax, etc.).
  • Review Capex transactions and assist with maintaining fixed asset register.
  • Oversee employees in team and evaluate performance against set KPI’s.
  • Assist debtors and creditor’s function.
  • Minimise financial risk of the entities.
  • Maintaining/update monthly management reports and presenting these reports.
  • Collaborate with inventory team to maintain accurate inventory records and perform periodic inventory reconciliations.
  • Helping with financial and accounting system queries.
  • Any other adhoc functions as required.

MINIMUM REQUIREMENTS FOR THIS POSITION

  • BCom Accounting/Financial/Cost Management Degree – Honours (NQF8) completed audit articles and CA (NAM) will be an added advantage
  • 4 Years working experience with very good knowledge of accounting, able to guide subordinates, solve accounting and system problems on a higher level as well as implement and maintain financial processes.
  • Namibian citizen
  • Fluent in English (Written and Spoken).
  • Valid driver’s license.

 

How to Apply

CVs with relevant supporting documents can be forwarded to hr3@namibmills.com.na (not larger than 2MB):

Email: hr3@namibmills.com.na  

Closing Date: 31 January 2024

  - The subject line for applications should be: NMF170124 – FINANCIAL MANAGER. - Namib Mills is an equal opportunity employer. - Previously Disadvantaged Namibians (PDN) and women are encouraged to apply. - Only applications with this subject line will be considered. - Only shortlisted candidates will be contacted.

Job Categories: Accounting Jobs. Job Types: Full Time.

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