Finance Director at Imperial Logistics

Job Function:

• Compliance With Existing Statutory and IMS Regulations Regarding Finance
• Assist in internal and external audits
• Participate in New client Take-On
• Periodical analysis of client profitability (operating profit in relation to invested capital
• Involved in mergers and acquisitions, from due diligence to contractual stage, and disposals from time to time
• Manage trading contacts
• Review and advice on management decisions to ensure optimal impact on the financial success of the company
• Process supplier payments
• Capital allocation decisions to be thoroughly assessed including capex and investment decisions; buy vs lease decisions to be properly assessed
• Contribute to the setting of budgets, minimise expenditure and manage costs and assets effectively
• Monthly analysis of the financial performance of the business unit compared to budget expectation and prior financial periods
• Manage the financial position of the company with the objective of maximising profitability and return on invested capital
• Ensure compliance to the Limits of Authority.
• Provide guidance to executives in the company to ensure strategic and financial reporting objectives are met
• Track projects costs and progress
• Oversee drafting of annual financial statements in accordance with International Financial Reporting Standards
• Quarterly reporting of internal controls.
• Internal management packs and dashboards
• To ensure that all agreed EMS objectives as per the department are achieved in as far as is practicable
• Periodic balance sheet reviews to ensure accuracy of IMS financial position·
• Foreign exchange management by ensuring foreign currency related exposures are addressed in accordance with Imperial guidelines
• Drive the timeous and accurate completion of the budgeting and forecasting processes.
• Drive and manage the cost savings initiatives within IMS.
• Develop, implement, and ensure compliance with the Group's financial processes, policies and disciplines.
• Continuous improvement of internal financial and operational processes.
• Prepare and / or coordinate monthly flash reports.
• Manage and implement new accounting standards within IMS.
• Update customer profitability data monthly and report on underperforming contracts.
• Ensuring that funding structures at IMS are optimal and aid businesses in motivating funding requirements to the Asset and Liability Committee.
• Co-ordinate and assist with the internal and external audit process.
• Identifying and managing risk (financial and non-financial) throughout IMS along with Imperial's risk department.
• Responsible for ensuring that efficient internal controls are implemented and maintained throughout the company
• Provide ad-hoc projects and reports as required.
• Manage overall financial functions
• To ensure that all Corrective Action/ Preventive Actions proposed on internal and external audits are closed out/ implemented within required timeframe

Qualifications required:

• Bachelor of Commerce degree in Finance /Accounting
• Certified Public Accountant – CPA(K)
• Masters in Business Administration or related field would be an added advantage

Experience required:

• 10+years' experience in a similar environment, of which 3 - 4 years' as FD or equivalent level.
• Previous experience within a similar business would be an advantage.
• Commercial acumen at a strategic level
• Excellent leadership and interpersonal skills required.

Behavioural competencies:

• Knowledge and experience in local finance regulations
• Computer skills
• Ability to communicate and network effectively
• Ability to take control and exercise leadership
• Ability to give direction and take responsibility
• Have an understanding of the business, commerce and finance
• Ability to manage pressure and cope with setbacks
• Be able to apply own expertise effectively