Website Value Logistics
In today’s volatile market, companies’ successes are dependent on a robust distribution channel that is able to provide a framework to deliver their goods effectively. The Value Group, with over 3 decades experience in supply chain solutions, has become the supply chain partner of choice for man… read morey of South Africa’s leading brands. The Value Group was founded in 1981 by Group CEO, Steven Gottschalk, and listed on the JSE (Transport Sector) in 1998. At Value we believe that the needs of our customers are the driving force that has positioned us as one of the largest, most comprehensive transport and logistics companies in South Africa. Whether your requirement is for truck rental or a complete customised solution, the relationship you will enjoy with our organization is one of trust and reliability. Your business will be in secure hands. The Value Group operates throughout the Republic of South Africa and Sub-Saharan Africa and has become the leading supplier of merchandise transport, warehousing, distribution and logistics solutions. The Value Mission Statement Value Logistics is dedicated to building mutually beneficial long term relationships by understanding the unique requirements and expectations of our customers, designing and implementing cost effective logistics solutions, uplifting the communities we operate in by creating employment, investing in skills development initiatives and thereby creating sustainability for all stakeholders. 49 Brewery Road, Isando, 1600
About the job
Purpose of the Job
The role reports directly to the Group Financial Director and on a dotted line to the Divisional Head, and will assume full accountability and responsibility of the financial function of Key Distributors.
The purpose of the role is to manage the full financial function encompassing internal controls and manage the financial function which regards reporting financial performance, financial position, and cash flows of the business.
Key Responsibilities
Monthly management accounts and annual financial reporting
Annual budgets – Co-ordinate and submit to the Holding Company and undertake variance analysis to monthly management accounts
Manage the day-to-day financial matters comprising of:
Assistance in management of debtors’ book
Monthly and annual rebate control and reconciliation with all suppliers – Reconciliation of rebates due to the General Ledger account
Ensure that back-end supplier support, discounts and rebates are received in accordance with agreements
Monitor of supplier spend in relation to rebates due based on set targets
Monthly accruals and creditors management
General Ledger maintenance and reconciliation of all accounts as required by Holding Company reporting Accountants
VAT income tax calculations and reconciliations and submit to the Holding Company reporting Accountants
Ensure compliance with Government required statistics
Preparation of schedules , assistance and liaison re year end audits
Reconciliation of inventory
Monitor, manage and analysis of inventory aging in order to reduce inventory days and excessive inventory holding
Management of bookkeeping staff
Recommends financial actions by identifying risks, overspend and areas requiring improvement
Substantiate financial transactions by undertaking sound financial analysis
Maintains accounting and internal controls by preparing and recommending policies and procedures
Guides accounting clerical staff by coordinating activities and answering questions
Reconciles financial discrepancies by collecting and analysing account information
Maintains financial security by following internal controls
Minimum Requirements
Grade 12 (Matric)
Chartered Accountant or equivalent with relevant tertiary qualifications
Minimum of 5 years’ Financial Management experience in an FMCG environment
Skills Required
Strong interpersonal skills both verbal and written
Ability to work under tight deadlines
Ability to work independently with limited oversight/direction
Creative thinker with a willingness to challenge the current way of doing things, ability and willingness to drive change
Accurate
Honest and ethical
Methodical
Solution-driven
Ability to explain and translate information to non-financial staff
Pro-active
Logical thinker
Highly analytical
Additional Attributes
Willingness and ability to embrace technology
Ability to project manage projects which may be Information Technology or Finance related
Willingness, ability and drive to assist with AdHoc accounting investigations, audits and project-related matters
Ability to guide the Divisional Head with strategic planning, control and management of Key Distributors
Apply via company website ( http://value.co.za ) or
www.linkedin.com