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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.

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.